Dominican Republic to Commission 361 MW Renewable Energy Projects by 2018 Updated On Fri, Apr 7th, 2017 by Saurenergy The announced renewable energy projects will be completed with an investment of US$780 million, which would include three solar and five wind farms. The Dominican Corporation of State Electric Companies has announced that the company has begun the work on eight renewable-energy projects that will provide 361.2MW of new generation capacity to the country’s grid […] Read more
SolarEdge Strengthens Business Position in India with New Office and Leadership Updated On Fri, Apr 7th, 2017 by Saurenergy Already quite active in the Indian solar market, SolarEdge is now looking to expand its presence in the country with a new county manager, office and recruitment of a local team. SolarEdge Technologies, a global leader in PV inverters, power optimizers, and module-level monitoring services, is expanding its business in the Indian PV market with […] Read more
Contradiction in Key Markets Predicts Sluggish Growth Of Global PV Demand: IHS Markit Updated On Thu, Apr 6th, 2017 by Saurenergy A report from HIS Markit suggests that there will be 2 percent increase over the 78 GW installed in 2016, and will reach 79 GW in 2017. According to IHS Markit (London, UK), global demand for solar photovoltaics (PV) will reach 79 GW in 2017, a slight 2 percent increase over the 78 GW installed […] Read more
Canadian Solar Raises JPY5.4 Billion with Inaugural Dual-Tenor Green Project Bond in Japan Updated On Mon, Apr 3rd, 2017 by Saurenergy The JPY5.4 billion (US$47.0 million) dual-tenor green project bond was issued to finance Canadian Solar’s 19.05 MWp Gunma Aramaki Solar Power Plant in Gunma Prefecture, Japan. Canadian Solar Inc. has announced completion of its second green project bond placement with Goldman Sachs Japan Co., Ltd. The JPY5.4 billion (US$47.0 million) dual-tenor green project bond was […] Read more
Asia Clean Capital and LONGI Solar Team Up to Build High Efficiency Distributed Solar PV Updated On Mon, Apr 3rd, 2017 by Saurenergy LONGI Solar has created a partnership with Asia Clean Capital to co-develop an identified 300 Megawatts Solar PV Projects in Mainland China. Asia Clean Capital has announced a cooperation agreement with LONGI LERRI Solar Technology Co., Ltd (“LONGI Solar”), a fully-owned subsidiary of LONGI Green Energy Technology Co., Ltd., to co-develop an identified solar PV […] Read more
Vikram Solar commissions 130 MW solar project for NTPC in Bhadla, Rajasthan Updated On Mon, Apr 3rd, 2017 by Saurenergy Vikram Solar has used Poly-crystalline modules of size 295Wp to 320Wp for NTPC’s 130 MW solar project Vikram Solar has announced that it has commissioned a 130 MW (2×65 MW) Solar PV Power Plant for NTPC in Bhadla, Rajasthan. The project has been developed under the State Specific Bundling Scheme (for bundling with thermal power […] Read more
Solar capacity addition to reach up to 7.5 GW in FY18: ICRA Updated On Sat, Apr 1st, 2017 by Saurenergy Solar capacity addition is expected to increase from 3.5-4 GW in FY17 to at least 7-7.5 GW (in grid connected utility segment) in FY18. Given the number of projects awarded under the National Solar Mission (NSM) and the state policy route in the past 12-18 months, solar capacity addition is expected to increase up to […] Read more
Oriano Solar gets Rs 20 crore from Samridhi Fund Updated On Fri, Mar 31st, 2017 by Saurenergy Rs. 20 crore fund from Samridhi Fund will be used by Oriano Solar to finance working capital requirements and expand 45-member team Mumbai-based startup Oriano Solar has raised series A funding worth Rs 20 crore from Samridhi Fund, which is managed by SIDBI Venture Capital Ltd, a wholly-owned subsidiary of Small Industries Development Bank of […] Read more
First Solar sells 250MW Moapa Solar Project to Capital Dynamics Updated On Fri, Mar 31st, 2017 by Saurenergy PV solar systems provider First Solar has sold the cash equity interests in the 250MW Moapa Southern Paiute Solar Project to Capital Dynamics. First Solar has announced that it has completed the sale of the cash equity interests in the 250MWac Moapa Southern Paiute Solar Power Project in Nevada to global private asset manager Capital […] Read more