The Power Minister and Power Honchos In Virtual Open House. Report Updated On Fri, May 15th, 2020 by Saurenergy At a virtual meet organized by the Confederation of Indian Industry (CII) today, Shri R.K. Singh, Minister for Power, New and Renewable Energy joined leaders from the power sector for a frank and open discussion on the key issues facing the sector. Broadcast live on Youtube, the discussion made for a great example of engagement […] Read more
Solis to Raise $100 M and Double Production Capacity to 20 GW Updated On Fri, May 15th, 2020 by Saurenergy Ginlong Technologies (Solis), a global leader in photovoltaic string inverter manufacturing, has announced its plans to raise over USD 100 million Ginlong Technologies (Solis), a global leader in photovoltaic string inverter manufacturing, has announced its plans to raise over USD 100 million (~700 million Chinese Yuan), through a non-public offering to finance the expansion of […] Read more
Spruce Finance Acquires Clearway Energy’s Residential Solar Assets Updated On Fri, May 15th, 2020 by Saurenergy Spruce Finance has announced that it has bought Clearway Energy’s entire portfolio of residential solar assets in the US worth around 53 MW. Spruce Finance, the largest private owner and operator of distributed generation solar residential assets in the US, has bought Clearway Energy’s entire portfolio of residential solar assets. The deal is Spruce’s largest […] Read more
Discoms to get Loans at low Rates to pay Back Gencos: RK Singh Updated On Fri, May 15th, 2020 by Saurenergy Discoms will be offered loans at cheaper rates by state-owned power sector financing companies for clearing their dues towards Gencos, RK Singh has said. Financially stressed Discoms will be offered loans at cheaper rates of 8.5 to 9 percent for a 10-year period by state-owned power sector financing companies PFC and REC for clearing their dues towards power generation companies (Gencos), Power and Renewable Energy Minister RK Singh […] Read more
Brazilian Solar Industry Feels the Heat of Both Falling Economy, COVID-19 Updated On Tue, May 12th, 2020 by Saurenergy With the rising cost of imports, shrinking power demand and indefinite postponement of auctions amid coronavirus crisis, Brazilian solar photovoltaic (PV) industry is feeling the heat which may likely to impact the momentum of the annual installation. Brazilian PV sector’s annual installation capacity is expected to decline to 0.7 GW in 2020, from 1.3 GW […] Read more
Bangladesh Module Manufacturers Need Stimulus to Maintain Operations: GlobalData Updated On Tue, May 12th, 2020 by Saurenergy The Solar Module Manufacturers Association Bangladesh have requested for government support after operations took a hit due to the COVID-19 industrial lockdown; Somik Das of GlobalData has commented on the situation. Following the news that the Solar Module Manufacturers Association Bangladesh (SMMAB) requested for government support after operations took a hit due to the 40-day […] Read more
Scatec Solar Passes 1.5 GW Mark for Operational PV Projects Updated On Fri, May 8th, 2020 by Saurenergy Scatec Solar has passed the milestone of 1.5 GW solar capacity in operation globally with the commissioning of its latest 54 MW project in Ukraine Scatec Solar has announced that it has, along with its partners, grid-connected and started commercial operations of the 54 MW Boguslav solar project in the Kyiv region of Ukraine. And […] Read more
kWh Analytics Closes a Solar Revenue Put with Capital Dynamics and More Updated On Fri, May 8th, 2020 by Saurenergy kWh Analytics, a solar risk management firm, has structured a ‘Solar Revenue Put’ as part of the refinancing of a 173 MW PV facility in California kWh Analytics, a market leader in solar risk management, has announced that it has structured a ‘Solar Revenue Put’ as part of the refinancing of the 173 MW DC […] Read more
Uber Leads $170 Mn Investment in Electric Scooter Rental Firm Lime Updated On Fri, May 8th, 2020 by Saurenergy Electric scooter and bike-sharing firm Lime has announced that it has raised USD 170 million in an investment round led by Uber and Alphabet Electric scooter and bike-sharing firm Lime has announced that it has raised USD 170 million in an investment round led by Uber. Other investors include Alphabet, its venture capital arm GV, […] Read more
