USAID to aid African off-grid solar startups with 4 million dollars funding Updated On Wed, Nov 23rd, 2016 by Saurenergy United States Agency for International Development (USAID) has announced the recipients of $4 million in new funding for African off-grid solar energy startups at the UN Climate conference held in Marrakech earlier this month. America’s foreign aid agency sanctioned the seed funding to the eight companies through the Scaling Off-Grid Energy: Grand Challenge for Development […] Read more
Solar pumps saving animals at Bandipur National Park: Report Updated On Wed, Nov 23rd, 2016 by Saurenergy Animals at Bandipur National Park are facing water shortage due to poor rain in the region. According to NIE the forest department has decided to use solar pumps to ease the situation. Forest department is taking to help of solar pumps to fill the partially dried up lakes and ponds in the park. Out of […] Read more
Center grants Rs 2.45 crore for solar city projects Updated On Tue, Nov 22nd, 2016 by Saurenergy The Government of India has granted Rs. 2.45 crore for development of solar city project. The master plan includes preparation of, solar city cells, promotional activities and installation of renewable energy projects under the Solar City Programme in Mysuru and Hubballi-Dharwad. According to a Press Information Bureau release, the Center had already released Rs 0.87 […] Read more
Revive Chernobyl’s Exclusion Zone: GCL-SI to Build PV Plant in Ukraine Updated On Tue, Nov 22nd, 2016 by Saurenergy GCL System Integration Technology Co., Ltd., a subsidiary of the world’s leading energy group GCL, recently announced the cooperation with China National Complete Engineering Corporation (CCEC) in the Chernobyl PV plant project. To help rebuild the “exclusion zone” with solar power thirty years after the Chernobyl accident marks another important move of GCL-SI toward global […] Read more
Mosaic Announces New Financing Facilities for Over $550 Million in Home Solar Loans Updated On Tue, Nov 22nd, 2016 by Saurenergy Mosaic, the leading provider of solar loan financing for homeowners, today announced the closing of a $250 million warehouse facility with Deutsche Bank as the arranger and administrative agent. Together with recent upsizes to Mosaic’s existing warehouse facility and a forward flow whole loan sale arrangement, this agreement provides Mosaic with $550 million of new […] Read more
PSEG Solar Source Acquires 6.6 MW Solar Project from BayWa r.e. Updated On Tue, Nov 22nd, 2016 by Saurenergy PSEG Solar Source today announced it has acquired a 6.6 MW-dc solar energy facility from BayWa r.e. Solar Projects representing an investment of $12.2 million. The PSEG Hemlock Solar Energy Center is under construction and scheduled to begin operations later this year. The PSEG Hemlock Solar Energy Center has a 15-year power purchase agreement with […] Read more
Canadian Solar Reports Third Quarter 2016 Results Updated On Tue, Nov 22nd, 2016 by Saurenergy Canadian Solar Inc., one of the world’s largest solar power companies, announced its financial results for the third quarter ended September 30, 2016. Third Quarter 2016 Highlights Total solar module shipments were 1,185 MW, of which 1,161 MW was recognized in revenue, compared to 1,290 MW recognized in revenue in the second quarter of 2016, and […] Read more
West Contra Costa Unified School District Goes Solar with SunPower Updated On Tue, Nov 22nd, 2016 by Saurenergy West Contra Costa Unified School District (WCCUSD) and SunPower Corp. will begin construction of SunPower Helix solar systems at 34 school sites in the East Bay region of the San Francisco Bay Area. The solar installations will include carports, shade structures and rooftop systems and will be constructed over the next year, with the first phase being […] Read more
Global power and utilities deal value falls for fourth consecutive quarter in Q3 2016 Updated On Tue, Nov 22nd, 2016 by Saurenergy Global power and utilities deal value continued to decline for the fourth consecutive quarter — falling 8% to US$39.7b in Q3 2016 compared to the previous three months — according to the EY Power transactions and trends Q3 2016 report. Regulated network assets remained the investment of choice for buyers across regional markets seeking stable long-term returns. Transmission and […] Read more
