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
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
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
Telangana gearing up to add 1000MW solar power to the grid before the end of current FY: Report Updated On Mon, Nov 21st, 2016 by Saurenergy Telangana power utilities are reportedly gearing up to add 1,000 MW of solar power to the grid before the end of this fiscal. According to The Hindu, utilities have received huge response on tenders floated for setting up solar power plant. With the addition of 1,000 MW, the state can handle the power crisis in […] Read more
Sunworks Announces Strategic Teaming Agreement with Keystone Aerial Surveys, Inc. Updated On Sat, Nov 19th, 2016 by Saurenergy Sunworks, Inc., a leading provider of solar power solutions for commercial and residential markets, today announced its strategic teaming arrangement with Keystone Aerial Surveys, Inc., a Philadelphia, Pennsylvania-based company at the forefront of airborne imagery services and products. “We are excited to welcome Keystone Aerial Surveys, Inc. to the Sunworks team in a strategic arrangement that […] Read more
India’s total installed solar capacity crosses 10 GW milestone: Bridge To India Updated On Fri, Nov 18th, 2016 by Saurenergy Indian solar capacity included rooftop and off-grid has crossed 10GW mark says Bridge To India in its latest report. According to the consultancy firm India will add new solar capacity of 5.1 GW this year, which is a growth of 137% over last year. It also expects average annual capacity addition of 8-10 GW per […] Read more
Renewable Energy Policy FiT Analysis: Installed Capacity and Targets to 2020 Updated On Fri, Nov 18th, 2016 by Saurenergy Countries worldwide are planning to promote renewable energy in one way or the other in order to reduce dependency on fossil fuels. Hence, mandatory renewable energy targets are being laid down by the governments to ensure that the power producers produce certain proportions of the total electricity generation from renewable energy sources. For instance, the […] Read more
Biodico Completes Resource Assessment of ‘Zero Net Energy Farm’ in California Updated On Thu, Nov 17th, 2016 by Saurenergy Biodico Inc. today said that it has completed its resource assessment to support the next stage of development for its “Zero Net Energy Farm” project, which is funded in part by the California Energy Commission to create environmentally sound energy solutions for the state’s agricultural industry. Based on the results, Biodico will proceed with the […] Read more
Etrion to Sell Italian Solar Portfolio to Ultor Updated On Mon, Nov 14th, 2016 by Saurenergy Etrion Corporation has signed definitive sale and purchase agreement with Ultor S.p.A, a joint venture owned equally by Enel Green Power S.p.A. and Fondo Italiano per le Infrastrutture. Under the agreement Ultor will purchasing Etrion’s 60-megawatt (“MW”) Italian solar portfolio for initial cash consideration of Euro 78 million and the assumption of related project-level debt […] Read more
