Sammons Renewable Energy Leads $241 Million Solar Cash Equity Transaction with SolarCity Updated On Mon, Dec 26th, 2016 by Saurenergy Sammons Renewable Energy has announced that it led the equity portion of a $241 million cash equity transaction with SolarCity. Franklin Park Investments manages SRE. As part of the deal, SRE is investing in a portfolio of solar projects in 16 states, including 26,000 home residential systems and 19 commercial and industrial solar projects. The […] Read more
LG CNS bags contract for 55MW Yamaguchi Shin Mine Solar Power Project in Japan Updated On Wed, Dec 21st, 2016 by Saurenergy LG CNS has announced that it will construct a 55 Megawatt solar power plant in Shin Mine of Yamaguchi prefecture, Japan. The project amounts to approx. KRW 170 billion in size with the cost of construction and operation combined, and it will last about 18 months with the goal of commencing commercial operation in May […] Read more
Duke Energy completes sale of international businesses in Peru, Chile, Ecuador, Guatemala, El Salvador, Argentina Updated On Wed, Dec 21st, 2016 by Saurenergy Duke Energy completed the previously announced sale of its international businesses in Peru, Chile, Ecuador, Guatemala, El Salvador and Argentina to I Squared Capital for approximately $1.2 billion enterprise value. The company is exiting the Latin American market to focus on its domestic U.S. regulated core business. Duke Energy announced the sale of its assets […] Read more
Trina Solar Announces Shareholders Vote to Approve Going-Private Transaction Updated On Sat, Dec 17th, 2016 by Saurenergy Trina Solar Limited has announced that the Company’s shareholders voted in favor of, among others, the proposal to authorize and approve (i) the previously announced agreement and plan of merger (the “Merger Agreement”) dated August 1, 2016 by and among Fortune Solar Holdings Limited (“Parent”), Red Viburnum Company Limited (“Merger Sub”) and the Company, pursuant […] Read more
Younicos to design and supply a 49 MW lithium-ion battery system for UK’s largest solar project Updated On Wed, Dec 14th, 2016 by Saurenergy Younicos has announced that it has been selected by Centrica to design one of the world’s largest and most sophisticated battery-based energy storage systems. According to the company the 49 megawatt (MW) lithium-ion system that will be completed by winter 2018, will respond to fluctuations in electrical demand in less than a second. The battery […] Read more
Trina Solar Announces Third Quarter 2016 Results Updated On Thu, Nov 24th, 2016 by Saurenergy Trina Solar Limited, a global leader in photovoltaic (“PV”) modules, solutions, and services, announced its unaudited financial results for the quarter ended September 30, 2016. Third Quarter 2016 Financial and Operating Highlights Total module shipments were 1,361.2 MW, compared with 1,658.3 MW in the second quarter of 2016, and 1,703.2 MW in the third quarter […] Read more
Hanwha Q CELLS Reports Third Quarter 2016 Results Updated On Wed, Nov 23rd, 2016 by Saurenergy Hanwha Q CELLS Co., Ltd., one of the world’s largest photovoltaic manufacturers of high-quality, high-efficiency solar modules, today reported its unaudited financial results for the third quarter of 2016. The Company will host a conference call to discuss the results at 8:00 am Eastern Time (10:00 pm Korea Standard Time) on November 22, 2016. Third […] Read more
UL issues first UL 9540 certification for home energy storage system to Enphase Energy Updated On Fri, Nov 4th, 2016 by Saurenergy UL has announced that it has issued the first UL 9540 certification for a complete home energy storage system to Enphase Energy. The system meets the latest National Electric Code 2017 requirements said the company in a statment. The new home energy storage system allows homeowners as well as commercial building owners to store energy […] Read more
Mercedes-Benz Energy Storage Launched in US Updated On Thu, Nov 3rd, 2016 by Saurenergy Daimler AG expanded its stationary energy storage business to the U.S. market with the launch of Mercedes-Benz Energy Storage. Newly established Mercedes-Benz Energy Americas, LLC is assuming the development and sales of stationary energy systems for residential, commercial and utility applications for the North-American market. The company has Boris von Bormann, U.S. solar industry expert as […] Read more
