SolarCity raises USD 345 million from four partners to finance new solar projects Updated On Mon, Jul 18th, 2016 by Saurenergy SolarCity has raised $345 million in tax equity from four separate partners in June and July to finance new solar projects. The fund will cover capital cost of new equipment and installations and make it possible for customers to pay less for solar power than they for utility power. Beside the USD345 million in new […] Read more
Hartek Power bags 330 Mw solar projects Updated On Thu, Jul 7th, 2016 by Saurenergy India’s fastest growing EPC Company Hartek Power has bagged substation orders for 330-Mw solar projects across the country in the Q1 of the current FY. The Chandigarh based company has set a target of executing EPC for 500-Mw solar power projects to the grid 2016-17. The 330-Mw solar EPC orders include 10 substation projects of up to 132 Kv spread across […] Read more
Canadian Solar sells solar power projects to Create Technology & Science in China Updated On Thu, Jul 7th, 2016 by Saurenergy Canadian Solar announced that its wholly-owned subsidiary, CSI Solar Power (China) Inc. has entered into a project sale agreement, pursuant to which, Create Technology & Science has agreed to purchase Canadian Solar’s operating solar power projects in Funing County, Jiangsu Province, China for approximately USD 32.8 million). The project sale agreement will become effective after […] Read more
MNRE collaborates with KfW for floating solar projects in Maharashtra and Kerala Updated On Thu, Jun 30th, 2016 by Saurenergy Ministry of New and Renewable Energy (MNRE) in collaboration with Germany-based development bank KfW to set up two floating solar PV plants in the Maharashtra and Kerala. MNRE recently conducted a study to assess the potential of floating solar power in the country. Both the plants are estimated to cost around USD 46.15 million. “The KfW-funded […] Read more
“It is not a cup of tea for any manufacturers to produce an inverter which can run for decades without problem” Luke Lu, Director for Indian Business, Sungrow Updated On Sat, Jun 25th, 2016 by Saurenergy A number of companies are integrating photovoltaic inverter and storage technologies. How its cost implication compared to the output efficiency is affecting a change in various types of installations? Inverter is the heart of any solar PV system. It is highly a technology oriented product. It certainly needs an expertise to produce a highly efficient […] Read more
Will continue to support renewable energy projects in India: OPIC Updated On Sat, Jun 11th, 2016 by Saurenergy U.S. Government’s development finance institution, Overseas Private Investment Corporation (OPIC) has announced that it will continue to support early stage renewable energy projects in India. OPIC in a blog post said “this week’s historic agreement between the U.S. and India to address climate change recognizes the need for private investment and will work to support […] Read more
SPI Energy connects four distributed generation projects of 12.8MW to the grid in China Updated On Tue, May 31st, 2016 by Saurenergy SPI Energy has announced that it has successfully completed and connected four distributed generation (DG) projects totaling 12.8 megawatts (MW) to the grid in China. The Company was responsible for the engineering, procurement and construction (EPC) of all the DG solar energy projects. Solarbao.com, SPI Energy’s e-commerce and investment platform, provided financial leasing services. The […] Read more
BayWa r.e. targets the South-East Asian market for expansion of its solar business Updated On Mon, May 30th, 2016 by Saurenergy BayWa r.e. targets the South-East Asian market for expansion of its solar business. The company will manage solar projects in Thailand, Philippines, Malaysia, Indonesia and other South-East Asian countries from its offices in Singapore and Bangkok. BayWa r.e. will also tap into the market potential of this region for the benefit of its photovoltaic trade […] Read more
sPower signs a deal with PG&E for three 20 MW solar projects Updated On Fri, May 20th, 2016 by Saurenergy sPower has signed a power purchase agreements (PPAs) with Pacific Gas and Electric (PG&E) for its forthcoming Californian solar projects. The independent power producer, sPower will construct and commission three PV facilities (20 MW each) dubbed Bayshore A, B, and C over the course of 2017 in Lancaster, California. These three solar power plants will […] Read more
