Trina Solar supplies 17MW to the largest floating PV system in Europe Updated On Wed, Oct 31st, 2018 by Saurenergy Trina Solar Limited (“Trina Solar” or the “company”), a leading total solutions provider for solar energy, announced today that it has supplied 17 megawatts of PV modules to the largest floating PV plant in Europe. The “O’MEGA 1” PV project has been developed by Akuo Energy, France’s leading independent producer of renewable energy, under the specific […] Read more
ACME Solar Appoints Barclays, JPMorgan for private InvIT Updated On Wed, Oct 31st, 2018 by Saurenergy So far, only three companies—L&T Infra, IRB Infra and India Grid Trust—have tapped the InvIT route for fundraising Renewable energy company ACME Solar Holdings Ltd has hired two investment banks as the company looks to start work on its proposed infrastructure investment trust (InvIT) amid a prolonged delay in a planned initial public offering (IPO), […] Read more
PROINSO and Surya Energi Indotama Mini-Grid Expertise Recognised at Solar Power Portal Awards 2018 Updated On Wed, Oct 31st, 2018 by Saurenergy PROINSO, a global leader in the solar energy market, and its partner PT Surya Energi Indotama (SEI) have won the Solar Power Portal Award 2018 in the category “Community Solar Installation of the Year” for the 492kWp mini-grid project in Indonesia. PROINSO and its partner PT Surya Energi Indotama have completed over 40MWh of mini-grid projects in […] Read more
Azure Power Raises over ~US$ 400 Million Since Fiscal First Quarter Updated On Tue, Oct 30th, 2018 by Saurenergy Azure Power has one of the largest solar portfolios in India The Company’s 2GW+ pipeline has a weighted average tariff ~17% higher than the lowest solar bid in the market With the recent equity and debt financings, Azure Power is one of the best capitalized solar companies in India Azure Power (NYSE: AZRE), one […] Read more
Automation, Digitalization and Intelligence, CHINT Redefines Low Voltage Industry Updated On Tue, Oct 30th, 2018 by Saurenergy Due to the continuous increase of labor cost in recent years, there is a worldwide trend that more and more automatic, digital and intelligent facilities are used to make up for the loss of capacity and efficiency, as well as to improve the product quality. Since 2015, it took 3 years and RMB 200 million […] Read more
Canadian Solar and PKA Complete a Large Scale Solar Transaction in California Updated On Tue, Oct 30th, 2018 by Saurenergy Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, and Pensionskassernes Administration (“PKA”), one of Denmark’s largest pension service providers, today announced Recurrent Energy, LLC (“Recurrent Energy”), a wholly owned subsidiary of Canadian Solar, has finalized a transaction with PKA for its interests in two solar photovoltaic projects. In a deal valued around 2 […] Read more
SolarReserve to Get US’ $2 Mn SETO Award to Advance CSP Research Updated On Mon, Oct 29th, 2018 by Saurenergy The company was selected as a part of the Energy Department’s FY2018 SETO funding program, an effort to invest in new projects that will lower solar electricity costs and support a growing solar workforce. Solar power projects developer SolarReserve was selected to receive a USD 2 million award from the US Department of Energy Solar Energy Technologies […] Read more
Smart Meters in Rural India a Win-Win Soln for All: ADB Updated On Mon, Oct 29th, 2018 by Saurenergy ADB decided to support a USD 200 million loan for Energy Efficiency Services Limited (EESL) to implement various demand-side energy efficiency projects in India. International development finance institution Asian Development Bank (ADB) is mulling to scale up satellite communication technology based smart meters projects as it finds it to be a win-win solution for various stakeholders, including […] Read more
Tata Power Announces Q2 FY 2018-19 Result with 85% Increase in Consolidated PAT; Reaffirms Strong Operating Performance Updated On Mon, Oct 29th, 2018 by Saurenergy Reports 19% Increase in Renewables Ebitda at Rs 631 crore Reports strong all-round performance in H1 FY19. Consolidated underlying business EBITDA stood at Rs 2,668 crore for the quarter due to strong operating performance of all businesses Q2 FY19 Consolidated PAT was up 85% at Rs 393 crore as compared to Rs 213 crore in previous year mainly due […] Read more
