CleanMax Solar Announces Equity Financing of USD 100 Million from Warburg Pincus Updated On Fri, Jul 14th, 2017 by Saurenergy The investment will enable CleanMax Solar to pursue additional growth opportunities beyond India, and provide next generation solutions to the customers through a combination of rooftop solar and energy storage. CleanMax Solar, India’s largest rooftop solar developer for the corporate sector, today announced that it has secured equity financing of up to USD 100 million […] Read more
8minutenergy and Capital Dynamics Announce 328 MW Mount Signal 3 Solar Project Updated On Wed, Jul 12th, 2017 by Saurenergy Third phase of Mount Signal Solar Farm, among the largest PV projects worldwide, will be developed by 8minutenergy and owned by Capital Dynamics. 8minutenergy Renewables, the largest independent solar power developer in the U.S., and global private asset manager Capital Dynamics, has announced the acquisition and development of the 328 megawatt-DC Mount Signal 3 (“MS3”) […] Read more
Dell Aims to Fulfill 60 percent of Energy Demand through Renewable Energy Sources by 2020 in India Updated On Fri, Jul 7th, 2017 by Saurenergy 11 Million units currently sourced from onsite solar installations and external renewable energy sources. Dell is harnessing the power of solar energy in India, in a bid to fulfill 60% of its total energy demand in India through onsite solar installations and other renewable energy sources by 2020 as part of its “Legacy of Good […] Read more
SimpliPhi Energy Storage to be featured at Intersolar Solar Winery and Microgrid Tour Updated On Thu, Jul 6th, 2017 by Saurenergy The AccESS and full line of SimpliPhi non-toxic energy storage solutions will be in the SimpliPhi Booth #8031 at Intersolar North America, held at the San Francisco Moscone Center from July 11-13, 2017. SimpliPhi Power’s non-toxic energy storage technology is operational at the Stone Edge Farm Microgrid project, which is part of the official Intersolar […] Read more
Morocco Secures USD 25 Million Loan for Solar Energy Projects Updated On Thu, Jul 6th, 2017 by Saurenergy The project’s innovative hybrid solar design is also built on a unique Public-Private Partnership between the Moroccan Agency for Sustainable Energy (MASEN) and private sector sponsors – with a Build, Own, Operate and Transfer project structure and implementation approach Morocco has received USD 25 million loan from the Climate Investment Funds’ Clean Technology Fund, for […] Read more
Piramal Finance Introduces ‘Flexi Line of Credit’ for Renewable Energy, Sanctions an Additional Rs. 700cr to ACME Solar Updated On Thu, Jul 6th, 2017 by Saurenergy Piramal Finance Limited (PFL) had first invested Rs. 499 Cr with ACME in July 2016, together with its partner APG. Piramal Enterprises, through its subsidiary Piramal Finance Limited (PFL), sanctioned an additional Rs.700Cr to ACME Solar Holdings Limited. The deal was made through Corporate Finance Group (“CFG”) of Piramal Finance Limited by introducing a new […] Read more
India Can Integrate 175 Gigawatts of Renewable Energy into the Electricity Grid: Study Updated On Sat, Jul 1st, 2017 by Saurenergy The report developed under the U.S.-India bilateral program “Greening the Grid”, confirms the technical and economic viability of integrating 175 gigawatts (GW) of renewable energy into India’s power grid by 2022, and identifies future course of actions that are favorable for such integration Power, Coal, New & Renewable Energy, Piyush Goyal recently released the first part of the study “Pathways […] Read more
University of California, Merced Selects SunPower for 5-Megawatt Solar Energy System with Storage Updated On Tue, Jun 27th, 2017 by Saurenergy The system will be UC Merced’s second featuring SunPower solar technology. A 1-megawatt ground-mounted tracker system has been in operation and exceeding performance expectations since 2009, and the two systems combined are expected to supply more than 50 percent of the campus’s energy needs The University of California, Merced’s precedent-setting Triple Zero Commitment aims for […] Read more
Chennai Metro Rail Ltd to install solar power plants, save ₹1.5 crore a year in energy costs Updated On Fri, Jun 23rd, 2017 by Saurenergy CleanMax Solar will install and own the solar plants and sell the power to Chennai Metro The Chennai Metro Rail is reportedly planning to install solar power plants at its stations and the Koyambedu maintenance depot to provide 6 MW of electricity. According to The Hindu CleanMax Solar will install and own the solar plants […] Read more
