Tesla wagers on renewable energy, to acquire SolarCity for $2.6 billion Updated On Mon, Aug 1st, 2016 by Saurenergy Elon Musk’s Tesla Motors Inc. has acquired solar panel installer SolarCity for USD 2.6 billion. Tesla to acquire SolarCity in an all-stock transaction, under the agreement SolarCity stockholders will receive 0.110 Tesla common shares per SolarCity share, valuing SolarCity common stock at $25.37 per share based on the 5-day volume weighted average price of Tesla […] Read more
Chandigarh Canals will hump Kilometers of Solar Panels Updated On Thu, Mar 10th, 2016 by Saurenergy Recently, at the Happening Haryana Global Investors Summit, a special emphasis was poured into clean and renewable energy to allure investors in this sector. Now, hot on heels, Punjab Energy Development Agency (PEDA) has announced solar power plants installations in Chandigarh along the canals of the state. Solar plants are proposed to be commissioned on […] Read more
Global Solar PV Pipeline well Crosses the 200 GW Mark Updated On Tue, Feb 23rd, 2016 by Saurenergy With an undeniable stir in United States solar investment tax credit (ITC) proposed last year, the global solar photovoltaic pipeline is now reported to surpass 200 gigawatts (GW). At a combined capacity of 110 GW, projects in the U.S., China and Brazil make up half of the current PV pipeline, according to IHS. The biggest […] Read more
United PV Demands $90 Million as Remittance from Hareon Updated On Sat, Jan 16th, 2016 by Saurenergy A Chinese company named United Photovoltaics Group has claimed a return of $64 million and damages redress after a deal with Hareon went fatal. United Photovoltaics Group Limited recently filed a HK$700 million ($89.8 million) claim against Hareon Solar Technolgy Company Limited in connection with an agreement to acquire on-grid solar power projects in China. […] Read more
