JinkoSolar Signs $25 Million Tradeline with Maybank Updated On Sat, Aug 27th, 2016 by Saurenergy JinkoSolar Technology SDN BHD (“JinkoSolar Malaysia”), a subsidiary of JinkoSolar Holding Co. has announced that it has signed a USD25 million combined tradeline agreement with Malayan Banking Berhad (“Maybank”). This financing will be used to support JinkoSolar Malaysia’s trade finance and working capital. “As the largest commercial bank in Malaysia, their tradeline will not only […] Read more
REC Solar appoints Matt Walz, a Duke Energy executive as chief executive officer Updated On Thu, Aug 25th, 2016 by Saurenergy REC Solar has announced the appointment of Matt Walz as chief executive officer. Walz has worked at Duke Energy for 12 years and joined REC Solar after serving on the company’s board of directors. Walz brings to REC Solar leadership experience in renewable energy, retail electric supply and wholesale generation. Building off his tenure as […] Read more
Central Government should renew its focus on the DBFOT framework: Simarpreet Singh, Head – Strategy, Hartek Power Updated On Wed, Aug 10th, 2016 by Saurenergy Hartek Power Pvt Ltd is one of India’s fastest growing Engineering, Procurement and Construction (EPC) companies with expertise in executing high-voltage substation turnkey, rooftop solar projects and manufacturing a complete range of power distribution equipment/solutions to the needs of the industry and utilities. The company has four strategic business units—Power Systems, Rooftop Solar, Power Distribution […] 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
Modernize Announces The Launch of ModSun Solar Cost Calculator for Homeowners Updated On Wed, Jul 27th, 2016 by Saurenergy Modernize has announced the launch of ModSun, an easy-to-use solar panel cost calculator for homeowners. ModSun is powered by the only solar resource with nationwide Light Detection and Ranging (LIDAR) data, it accurately maps each square meter of a rooftop’s size, slope, orientation and average sunlight intensity. According to the company ModSun can instantly provides […] Read more
UK Renewable Energy Leaders releases a new Commercial Rooftop Solar PV Guide Updated On Wed, Jul 27th, 2016 by Saurenergy Two renewable energy leaders in the United Kingdom, Renewable Energy Association and BRE National Solar Centre have released a new Rooftop Solar PV Guide for installing solar photovoltaic (PV) systems on commercial rooftops, which will be of great help to both tenants and landlords of commercial buildings in their bids to decrease energy costs and […] Read more
Palestine grants its first solar power plant in West Bank Updated On Tue, Jul 26th, 2016 by Saurenergy The Palestine Energy Ministry has granted permit to develop its first ever large scale solar power plant in the West Bank, near the city of Hebron. Palestine-based energy engineering and technology solutions firm Rack Tech has joined hands with Amsterdam-based solar power firm Gigawatt Global to build the $10 million plant will have installed capacity […] Read more
Alterra Power acquires 20 MW solar portfolio from Inovateus Solar Updated On Thu, Jul 21st, 2016 by Saurenergy Alterra Power enters into an agreement with Inovateus Solar to acquire an 80% ownership interest in a two-project 20 MWDC portfolio of solar farms in the Midwestern United States. Both the solar projects are contracted under long-term, investment-grade power purchase agreements. Alterra is actively developing and arranging finance for its first project, a 7 MWDC […] Read more
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