SPI Energy acquires 50% equity interest in two solar projects from Japan-based EastAsia Group Updated On Sat, Dec 17th, 2016 by Saurenergy SPI Energy has acquired 50% equity interest in two solar projects currently under construction with combined capacity of 3.98 MW, from Japan-based EastAsia Group Co., Ltd. The Projects are located approximately 50 kilometers east of Tokyo in Chiba Prefecture and each with capacity of 1.99 MW, are currently under construction. The Projects are under certain […] Read more
Solar Frontier announces it is nearing completion of 106 MWdc of Utility-Scale Solar Projects in California Updated On Thu, Dec 15th, 2016 by Saurenergy Solar Frontier Americas has announced that it is nearing completion of 2 solar electric power plants totaling 106 MWdc in the Imperial Valley of Southern California. The company recently held a Ribbon Cutting event to celebrate the achievement. The projects, Midway I & II are located a few miles northwest of Calipatria in the great […] Read more
India Signs Grant Agreement with IBRD of USD 5.19 million for Improving Energy Efficiency in MSME’s projects Updated On Thu, Dec 15th, 2016 by Saurenergy An agreement for GEF Grant of USD 5.19 Million for “Additional Financing for Financing Energy Efficiency at MSMEs Project- Programmatic Framework for Energy Efficiency” was signed by Raj Kumar, Joint Secretary (MI), Department of Economic Affairs on behalf of the Government of India and Junaid Ali Ahmad, Country Director, World Bank (India) on behalf of […] Read more
Amaranto Group signs an agreement with CPEC Ananta to build 200MW solar PV projects: Report Updated On Wed, Dec 14th, 2016 by Saurenergy Amaranto Group has reportedly signed a joint venture agreement with Mumbai-based solar developer CPEC Ananta to build 200MW of solar projects across India in next four years. Rodolfo Bigolin, managing partner and chief executive of Amaranto Global Asset Management, speaking to PV Tech said “the firms currently have two projects with a combined capacity of […] Read more
Government of India plans mega projects to overcome land problems for solar energy Updated On Thu, Dec 8th, 2016 by Saurenergy To overcome the scarcity of land for expansion of solar energy in the country, government is planning a number of initiatives like development of solar parks, ultra mega solar power projects and solar zones. “The government has planned to overcome the challenge by launching the schemes like development of solar parks and ultra mega solar […] Read more
Marathon Capital Announces the Successful Closing of Empower Energies’ DG Solar Fund Updated On Thu, Dec 1st, 2016 by Saurenergy Marathon Capital is pleased to announce the successful closing of the Empower Energies, Inc. (“Empower” or the “Company”) Distributed Generation Fund (“DG Fund”) for commercial and industrial (“C&I”) photovoltaic solar projects originated and developed by Empower and its co-development partners. Marathon Capital served as the exclusive financial advisor and evaluated a variety of tailored, structuring […] Read more
Jharkhand To Sign PPAs For A Total Of 1.1 Gw Solar Projects By Third Week Of December: Report Updated On Thu, Dec 1st, 2016 by Saurenergy Jharkhand is expected to sign power purchase agreements (PPAs) for a total of 1.1 GW solar projects by the third week of December 2016. These solar PV projects were auctioned early this year but were stalled due to differences between DISCOMs and developers over the quoted tariff. A Jharkhand Renewable Energy Development Agency (JREDA) official […] Read more
Marathon Capital Announces FLS Energy to be Acquired by Cypress Creek Renewables Updated On Tue, Nov 29th, 2016 by Saurenergy Marathon Capital is announced to FLS Energy (“FLS” or the “Company”) is to be acquired by Cypress Creek Renewables (“Cypress Creek”). FLS is a leading owner, operator and financier of distributed generation solar projects and has developed more than 300 MWs of projects across North Carolina and other Southeastern states. In addition to managing the […] Read more
ReNew Power secures the highest subsidy allocation from SECI for rooftop solar projects Updated On Mon, Nov 28th, 2016 by Saurenergy ReNew Power Ventures Private Limited, India’s leading renewable energy development company, has emerged as the organization with the highest allocation under the mega tender of 500 megawatts of rooftop solar projects floated by Solar Energy Corporation of India Limited (SECI) – the designated implementing agency for this scheme, providing subsidy on roof top projects across […] Read more