Microgrid as a service market to provide over USD 904 Million revenue post 2016 Updated On Fri, Dec 30th, 2016 by Saurenergy Micro-grid as a service market is expected to deliver CAGR of 16% during the period 2016 to 2022. Market Research Future expects the global micro-grid as a service market to grow over the CAGR of 16% during the period 2016 to 2022 from USD 772 million in 2015. Micro-grid as a solution combines solar photovoltaic […] Read more
Century Holdings forms a new Green Energy team to focus on investments into renewables Updated On Fri, Dec 30th, 2016 by Saurenergy Century Holdings’ Green Energy team will focus on investments into renewables, starting with solar power Century Holdings has announced that it has formed a new Green Energy team that will focus on investments into renewables, starting with solar power. The company recently secured the SpaceX IPO, continues to support Elon Musk’s ambitions by creating the […] Read more
VivoPower International and Arowana Inc. Announce Completion of Business Combination Updated On Fri, Dec 30th, 2016 by Saurenergy VivoPower International PLC, a global next generation solar power company, and Arowana Inc. announced the closing of their business combination transaction. Pursuant to the transaction, ARWA contributed approximately $16.8 million in cash to VivoPower in exchange for 6,088,200 newly issued VivoPower ordinary shares, which are to be distributed to holders of ARWA’s ordinary shares, rights […] Read more
Scatec Solar closes sale of 104 MW (DC) Utah Red Hills solar power plant to MIC Renewable Energy Updated On Fri, Dec 30th, 2016 by Saurenergy Sale generated gross cash proceeds to Scatec Solar of USD 28 million Scatec Solar has closed the sale of 100% of the sponsor equity in the 104 MW Utah Red Hills solar power plant to MIC Renewable Energy Holdings. The sale generated gross cash proceeds to Scatec of USD 28 million (NOK 245 million). The […] Read more
Cabinet approves proposal of MNRE for ratification of ISA’s Framework Agreement by India Updated On Wed, Dec 28th, 2016 by Saurenergy ISA will strive to bring together more than 121 solar resource rich nations for coordinated research, low cost financing and rapid deployment Union Cabinet, chaired by the PM Narendra Modi has approved the proposal of MNRE for ratification of International Solar Alliance’s (ISA) Framework Agreement by India. ISA was launched jointly by the Prime Minister […] Read more
Nagpur Metro Rail’s solar power dream hits policy hurdle Updated On Wed, Dec 28th, 2016 by Saurenergy Nagpur Metro Rail Corporation Limited’s (NMRCL) plan to meet 65 percent of its energy needs through solar power has hit a policy hurdle. The fate of the project now depends on Maharashtra Electricity Regulatory Commission (MERC). NMRCL’s petition will be heard by the Commission on 17th January 2017. Solarization is vital for the success of […] Read more
Global building-integrated photovoltaics (BIPV) market to grow at a CAGR of almost 10%: Technavio Updated On Tue, Dec 27th, 2016 by Saurenergy Technavio in its latest market study predicts the global building-integrated photovoltaics (BIPV) market to grow at a CAGR of almost 10% during 2017-2021. The research report titled ‘Global Building-integrated Photovoltaics Market 2017-2021’ identifies need to reduce energy cost is one of the key drivers responsible for the growth of the global BIPV market. According to […] Read more
Sammons Renewable Energy Leads $241 Million Solar Cash Equity Transaction with SolarCity Updated On Mon, Dec 26th, 2016 by Saurenergy Sammons Renewable Energy has announced that it led the equity portion of a $241 million cash equity transaction with SolarCity. Franklin Park Investments manages SRE. As part of the deal, SRE is investing in a portfolio of solar projects in 16 states, including 26,000 home residential systems and 19 commercial and industrial solar projects. The […] Read more
Jammu Kashmir Energy Development Agency hosts solar energy products exhibition to generate awareness Updated On Mon, Dec 26th, 2016 by Saurenergy A solar energy products exhibition was organised here recently to generate awareness about the long-term benefits of solar energy. The exhibition was jointly organised by the Jammu Kashmir Energy Development Agency (JAKEDA) with some private partners. “Solar energy will save us from global warming. The major problem over here is electricity; in this case, solar […] Read more