Duke Energy completes sale of international business in Brazil Updated On Fri, Dec 30th, 2016 by Saurenergy Duke Energy completed the previously announced sale of its international business in Brazil to China Three Gorges Corp. for approximately $1.2 billion enterprise value. The company is exiting the Latin American market to focus on its domestic regulated business, which was further bolstered by the acquisition of Piedmont Natural Gas. Duke Energy announced the sale […] Read more
Yingli’s PANDA Bifacial Module Receives CGC’s Top Runner Program Certification Updated On Wed, Dec 28th, 2016 by Saurenergy Yingli Green Energy Holding Company has announced that its PANDA Bifacial module has received China General Certification Centre’s (“CGC”) Top Runner Program certification, which was the first Top Runner Program certification to module that can generate power by both the front and rear sides in China. The PANDA Bifacial module has been installed on a […] Read more
Singyes Solar Technologies wins a 100 megawatt solar farm tender in Uzbekistan Updated On Mon, Dec 26th, 2016 by Saurenergy China Singyes Solar Technologies Holdings, a China-based EPC and project developer has announced that it has bagged EPC contract for a 100MW solar farm in the Samarkand Province of the Republic of Uzbekistan from Uzbekenergo. Uzbekenergo is a state-owned company of the Republic of Uzbekistan and is the investor of the Project. The Project is […] Read more
Rooftop solar units from third party costs 40 percent cheaper than DISCOMs Updated On Thu, Dec 22nd, 2016 by Saurenergy Rooftop solar units installed on industrial and corporate establishments by third parties are offering power 30-40% cheaper than the rates offered by the state’s power distribution companies. This gap is expected to widen further as thermal power companies would need to increase tariffs to accommodate inflationary measures and solar modules prices fall further. The model […] Read more
NDB signs first loan agreement for financing Shanghai Lingang distributed solar power project Updated On Thu, Dec 22nd, 2016 by Saurenergy The People’s Republic of China and the New Development Bank signed a Loan Agreement approving the provision of RMB (CNY) 525 million (INR 512 million/ USD 75 million) sovereign project loan for the Bank’s first project in China – Shanghai Lingang Distributed Solar Power Project. The Loan Agreement was signed by Mr. Shi Yaobin, Vice […] Read more
LG CNS bags contract for 55MW Yamaguchi Shin Mine Solar Power Project in Japan Updated On Wed, Dec 21st, 2016 by Saurenergy LG CNS has announced that it will construct a 55 Megawatt solar power plant in Shin Mine of Yamaguchi prefecture, Japan. The project amounts to approx. KRW 170 billion in size with the cost of construction and operation combined, and it will last about 18 months with the goal of commencing commercial operation in May […] Read more
Duke Energy completes sale of international businesses in Peru, Chile, Ecuador, Guatemala, El Salvador, Argentina Updated On Wed, Dec 21st, 2016 by Saurenergy Duke Energy completed the previously announced sale of its international businesses in Peru, Chile, Ecuador, Guatemala, El Salvador and Argentina to I Squared Capital for approximately $1.2 billion enterprise value. The company is exiting the Latin American market to focus on its domestic U.S. regulated core business. Duke Energy announced the sale of its assets […] Read more
Thin Film Solar Cells Market Size to Exceed $30bn by 2024: Global Market Insights Updated On Tue, Dec 20th, 2016 by Saurenergy Global Market Insights forecasts the thin film solar cells market size to exceed USD 30 billion by 2024. The research firm notes that strong concerns towards fossil fuel depletion with stringent regulations to reduce greenhouse gas emission will drive global thin film solar cells market share. Financial incentives including tax rebate, subsidies, net metering, FIT, […] Read more
With 2017 approaching, India aspires to become the fastest growing solar market in the world Updated On Tue, Dec 20th, 2016 by Saurenergy As the 2017 knocks at the door, it is worth taking a look at the Indian solar sector to analyze key the trends, challenges and outlook. Key highlights include record project volumes – both for capacity addition and issue of new tenders, improving power Distribution Company (DISCOM) financial position as a result of UDAY scheme, […] Read more