Global Solar Tracker Market to Reach $7.54Bn by 2023 Updated On Fri, Oct 6th, 2017 by Saurenergy Solar Tracker Market size is forecast to reach USD 7.54 billion by 2023, with growth expectation of 12% CAGR from 2016 to 2023, driven by growing PV cells demand. Solar Tracker market is poised to grow significantly over the period of 2016 to 2023, owing to the growing preferences for renewable energy along with rising […] Read more
India PV Inverters Market 2017 Trends and Global Solar Micro Inverter Market Growth Updated On Fri, Oct 6th, 2017 by Saurenergy According to “India PV Inverter Market Outlook, 2021”, the market for PV inverters in India is expected to grow with a continuously increasing CAGR of 4.74% from 2015 to 2021. Central Inverters are the major market share acquirers of the inverter market. Micro-inverters are also forecasted to increase its share technology wise. Residential segment is […] Read more
Global VC Funding in Solar Sector Plummet to $128Mn in April-June Quarter Updated On Fri, Oct 6th, 2017 by Saurenergy Global venture capital (VC) funding in solar sector has reported a steep decline of $128 million in April-June quarter of 2017 when compared with $585 million in the preceding quarter, according to Mercom Capital, a global clean energy communications and consulting firm. Most of the VC funding in Q2 2017 went to solar downstream companies […] Read more
Dominion Energy Virginia to Power Facebook’s New Data Center with Solar Power Updated On Fri, Oct 6th, 2017 by Saurenergy The new data center in Henrico County will be comprised of two separate buildings and administrative space totaling nearly one million square feet. Dominion Energy Virginia plans to construct multiple solar facilities in the Commonwealth (sites still to be determined) to both meet Facebook’s needs Dominion Energy Virginia has announced that it will add new […] Read more
India gets Lowest Wind Tariff of Rs. 2.64 per kWh in second Wind Auction of 1000 MW Updated On Thu, Oct 5th, 2017 by Saurenergy The wind tariff in India touched lowest level of Rs.2.64 per kWh in the second wind auction conducted by the Solar Energy Corporation of India (SECI) on behalf of Ministry of New & Renewable Energy, Government of India yesterday. The tariff discovered is much lower than first wind auction concluded at Rs. 3.46 per kWh […] Read more
Sonnedix Announces Partnership and Acquisition of Controlling Interest in Cox Energy Chile SpA Updated On Wed, Oct 4th, 2017 by Saurenergy As a result of the acquisition, Sonnedix has secured a 20-year off-take commencing in 2022 and the option to acquire a 74 MW solar project that adds to its current development portfolio of more than 250 MW. Sonnedix has announced the acquisition of a controlling interest in Cox Energy Chile SpA and a strategic […] Read more
ReneSola quits solar manufacturing, Completes Disposition of Manufacturing and LED Distribution Businesses Updated On Wed, Oct 4th, 2017 by Saurenergy “The Buyer beneficially owned, directly or indirectly through SGP and other intermediaries, approximately 57.3% of the total issued and outstanding Shares of ReneSolar.” ReneSola has announced the completion of the closing of the transactions contemplated by the previously announced share purchase and subscription agreement (the “SPA”) with Xianshou Li, Chairman and Chief Executive Officer of […] Read more
ADB Expands Clean Energy Project in India with AIIB Co-financing Updated On Thu, Sep 28th, 2017 by Saurenergy The ADB financing comprised a $500 million government-backed loan and a further $500 million in non-sovereign lending to India’s national transmission company, Power Grid Corporation of India Limited (POWERGRID). The Asian Development Bank (ADB) has agreed to finance additional power transmission network components with co-financing from the Asian Infrastructure Investment Bank (AIIB) that will connect […] Read more
TMEIC Setups a Newly Established Power Electronics Factory in Karnataka Updated On Thu, Sep 28th, 2017 by Saurenergy The newly established a factory of TMEIC is built to further reinforce company’s power electronics business in India. Toshiba Mitsubishi-Electric Industrial Systems Corporation (hereinafter, “TMEIC”; President & CEO Masahiko Yamawaki) has newly established a power electronics factory in Tumakuru district near Bengaluru, Karnataka State, in India. The new factory which is expected to be fully […] Read more
