VivoPower International and Arowana Inc. Announce Completion of Business Combination Updated On Fri, Dec 30th, 2016 by Saurenergy VivoPower International PLC, a global next generation solar power company, and Arowana Inc. announced the closing of their business combination transaction. Pursuant to the transaction, ARWA contributed approximately $16.8 million in cash to VivoPower in exchange for 6,088,200 newly issued VivoPower ordinary shares, which are to be distributed to holders of ARWA’s ordinary shares, rights […] Read more
AutoGrid Launches AutoGrid Flex 3.0, With Co-Optimization Capabilities Updated On Thu, Dec 8th, 2016 by Saurenergy AutoGrid Systems has launched AutoGrid Flex 3.0, the comprehensive flexibility management solution for demand response (DR) management, distributed energy resource (DER) management and virtual power plants (VPPs). AutoGrid Flex 3.0 application suite features several new energy storage co-optimization capabilities that enable utilities, electricity retailers, renewable energy project developers and other energy service providers to maximize the […] Read more
Aurora Solar Technologies announces addition of John McNicol to the Board of Directors Updated On Thu, Nov 24th, 2016 by Saurenergy Aurora Solar Technologies has named John McNicol to the Board of Directors. McNicol brings in a proven track record of building high growth international companies from early start up through periods of substantial asset investment, rapid sales growth and significant shareholder value appreciation. McNicol was formerly the President and Co-CEO of Enwave Corporation where he […] Read more
Navigant Research Names AutoGrid a Leader in Virtual Power Plant Software Updated On Wed, Nov 23rd, 2016 by Saurenergy AutoGrid Systems, the Energy Internet leader, announced that Navigant Research has positioned AutoGrid as a Leader in its Navigant Research Leaderboard Report: Virtual Power Plant Software Vendors. Navigant Research also recently named AutoGrid a Leader in its Navigant Research Leaderboard Report: Demand Response Management Systems, making it the only company with the distinction of being […] Read more
Canadian Solar Reports Third Quarter 2016 Results Updated On Tue, Nov 22nd, 2016 by Saurenergy Canadian Solar Inc., one of the world’s largest solar power companies, announced its financial results for the third quarter ended September 30, 2016. Third Quarter 2016 Highlights Total solar module shipments were 1,185 MW, of which 1,161 MW was recognized in revenue, compared to 1,290 MW recognized in revenue in the second quarter of 2016, and […] Read more
Global power and utilities deal value falls for fourth consecutive quarter in Q3 2016 Updated On Tue, Nov 22nd, 2016 by Saurenergy Global power and utilities deal value continued to decline for the fourth consecutive quarter — falling 8% to US$39.7b in Q3 2016 compared to the previous three months — according to the EY Power transactions and trends Q3 2016 report. Regulated network assets remained the investment of choice for buyers across regional markets seeking stable long-term returns. Transmission and […] Read more
National Energy Partners Secures $15 Million in Financing from Forum Equity Partners Updated On Thu, Nov 17th, 2016 by Saurenergy National Energy Partners (“NEP”) and Forum Equity Partners (“Forum”) announced that they had signed an agreement in which Forum will provide up to $15 million in growth financing for NEP, a leading developer of distributed Photovoltaic Solar Generation Systems for commercial and municipal customers. Under the agreement, Forum will provide development capital and construction equity […] Read more
ReNew Power acquires 5-MW Solar Plant PPA for Chandigarh International Airport Updated On Thu, Aug 4th, 2016 by Saurenergy ReNew Power Ventures Private Limited, one of the India’s top renewable energy company has acquired a PPA for 5-MW solar plant installation from Chandigarh International Airport (CHIAL). The solar project is said to use Single Axis Tracker Technology for improved efficiency. The agreement duration for the 5-MW project is 25 years and was earlier in […] Read more
There is no plan or attempt on EDF’s or EREN’s part to get out of the Indian market or anything like that: Samir Sharan, CEO – ACME Cleantech Solutions Pvt. Ltd. Updated On Tue, Aug 2nd, 2016 by Saurenergy The ACME Group is one of the top player in the field of clean energy with operations in solar power generation, lithium-ion based energy storage solutions and energy management of telecom towers in India. It pins itself as a pioneer in the development of green technology solutions that are environment friendly, energy efficient, frugal and […] Read more
