Panasonic, Tesla to start Manufacturing Solar Cells and Modules in Buffalo, NY Factory Updated On Wed, Dec 28th, 2016 by Saurenergy Panasonic Corp. will invest more than 30 billion yen in the production facility of Tesla Motors to make photovoltaic (PV) cells and modules. Tesla and Panasonic have finalized an agreement to start the manufacturing of photovoltaic (PV) cells and modules at the Buffalo, NY factory. According to reports Panasonic Corp will invest more than 30 […] Read more
Etrion Completes Balance of Sale of Italian Solar Portfolio to EF Solare Italia Updated On Sat, Dec 24th, 2016 by Saurenergy Early this year in November Etrion Corporation 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. Now the company has announced that it has completed phase two of the previously disclosed sale of its Italian solar portfolio to EF […] Read more
Innovative Solar Systems recently been awarded a total of 720 Megawatts of New PPAs Updated On Thu, Dec 15th, 2016 by Saurenergy Innovative Solar Systems (ISS) has just been awarded a total of 720 Megawatts of new Purchase Power Agreements (PPA’s) from large credit worthy Power Off-Takers in the Mid-West. The companies CEO states that receiving these 25 year contracts will enable ISS to more quickly sell and fund these new projects that range in size from […] 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
1 MW of solar plant at Karnataka’s NIT to get commissioned Updated On Fri, Nov 11th, 2016 by Saurenergy The National Institute of Technology – Karnataka (NIT-K) at Surathkal has emerged the front-runner among 31 NITs in the country to have a roof-top solar-power project with an installed capacity of 1 MW. The 1-MW of solar project on the roof of 11 buildings will be formally commissioned on 12th November 2016. K.N. Lokesh, Director […] Read more
Tesla to team up with Panasonic to collaborate on manufacturing of photovoltaic cell and module production Updated On Tue, Oct 18th, 2016 by Saurenergy Tesla and Panasonic have entered into a non-binding letter of intent under which they will begin collaborating on the manufacturing and production of photovoltaic (PV) cells and modules in Buffalo, New York. Under this agreement, which is contingent upon shareholders’ approval of Tesla’s acquisition of SolarCity, Tesla will use the cells and modules in a […] Read more
South Africa supports India on local sourcing of solar equipment manufacturing Updated On Thu, Oct 13th, 2016 by Saurenergy South Africa has backed India’s local sourcing rules in solar equipment manufacturing, while calling for BRICS countries to come up with a joint strategy to work around regulations of the World Trade Organization (WTO). South Africa’s Trade and Industry Minister Rob Davies said, “BRICS nations need to compare notes on how to re-construct their renewable […] Read more
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
