EIB Grants €450 Mn Credit Line for 497 MW Offshore Wind Farm Updated On Tue, Jun 9th, 2020 by Saurenergy EIB has granted a EUR 450 million credit line to a consortium of EDF, Enbridge and wpd to co-finance the construction of 497 MW Fecamp offshore wind farm. The European Investment Bank (EIB) has announced that it has granted a EUR 450 million credit line to a consortium made up of EDF Renouvelables, Enbridge and […] Read more
Equinor Investing More in RE Projects Than all Other Oil Majors Combined Updated On Mon, Jun 8th, 2020 by Saurenergy More than half (55%) of the investments made by global oil majors in renewable energy projects are expected to be invested by a single company – Equinor. Investments in solar and wind (RE) energy projects by the world’s major oil majors until 2025 are expected to exceed USD 18 billion, a new analysis by Rystad […] Read more
The GoSun Flow Offers Solar Powered Purifier, Sanitation System Updated On Thu, Jun 4th, 2020 by Saurenergy GoSun, a Cincinnati, Ohio based distributed solar products firm has launched what it claims to be the world’s first portable, solar-powered water purification and sanitation system. The US firm hopes to target a large addressable market for effecive and economical solar powered products gradually. The GoSun Flow is small enough to fit into a backpack, […] Read more
Vivint Solar Closes USD 545 Million of new Financings Updated On Wed, Jun 3rd, 2020 by Saurenergy Vivint Solar has announced the closing of two separate debt transactions, totaling USD 545 million in incremental lender commitments. Vivint Solar, a leading full-service residential solar provider in the United States, has announced the closing of two separate debt transactions, totaling USD 545 million in incremental lender commitments. The first is a USD 245 million upsize to the company’s already existing multi-lender […] Read more
Interview with Krishan Sharma, Vice President – Asia, ReneSola Updated On Sat, May 30th, 2020 by Saurenergy For Krishan Kumar Sharma, a 12 year journey in the solar sector has taken him to Renesola, a leading module manufacturer, where he is the Vice President, South Asia. With his wide exposure to the solar markets in Asia, and through Renesola, the world, we caught up with him to get a view on the […] Read more
GCL-SI Makes PVEL’s Top Performer List for 4th Successive Year Updated On Fri, May 29th, 2020 by Saurenergy GCL-SI has announced that it has been awarded as Top performer in PVEL 2020 PV Module Reliability Scorecard for the 4th consecutive years. GCL System Integration (GCL-SI) has announced that it has been awarded as Top performer in PVEL 2020 PV Module Reliability Scorecard for the 4th consecutive years. PV Evolution Labs (PVEL) is a leading independent […] Read more
Canadian Solar Posts Impressive First Quarter Results Updated On Fri, May 29th, 2020 by Saurenergy Ontario, Canada headquartered Canadian Solar has delivered an impressive set of numbers or the Jan-March quarter in 2020. The firm, which has a presence in manufacturing with 10 GW of Module and 9 GW of Cell manufacturing capacity, besides solar projects, announced results yesterday. Whole YOY comparisons looked impressive, the firms numbers do indicate a […] Read more
GE to Sell its 130-Yr-Old Lighting Biz to Savant Systems Updated On Wed, May 27th, 2020 by Saurenergy American multinational conglomerate General Electric (GE) on Wednesday said that it has signed a definitive agreement to sell its 130-year-old Lighting business, GE Lighting, to Savant Systems, a leading player in the smart home space. However, the financial details of the transaction were not disclosed by the company. For many years the company was looking […] Read more
Shocker! ACME Bows Out From Rajasthan Project With Record Low Tariffs Updated On Wed, May 20th, 2020 by Saurenergy After surprising the world, and setting the stage for a period of record low tariffs in India with its bid at Rs 2.44 kWh for a SECI project in Rajasthan, the winner, ACME Solar, has opted to cancel the project. It had won the 600-Mw project in Rajasthan at a historic low rate of Rs […] Read more
