Solar water pump market in India struggles to take off Updated On Tue, Dec 6th, 2016 by Saurenergy In 2014, PM Narendra Modi set a target to install 1 million solar water pumps, equivalent to approximately 3000 MW, for irrigation and drinking water by 2021. But actual cumulative installed base stood at merely 25000 pumps as of April 2016. The bleak performance is despite the government offering massive subsidies of as much as […] Read more
Jordan confirms its lead role in solar energy among the Arab countries with the Falcon Ma’an plant Updated On Fri, Dec 2nd, 2016 by Saurenergy The Falcon Ma’an solar photovoltaic (PV) plant, one of the largest in the Middle East has been connected to the Jordanian national grid. The 23.1 MWp PV plant – executed by the Italian company Enerray, a global EPC contractor, and Saudi renewable energy company Desert Technologies – puts Jordan on the map as a leading […] 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
Azure Power Starts Construction of 100 MW NTPC Project in Andhra Pradesh Updated On Thu, Dec 1st, 2016 by Saurenergy Azure Power has announced that it has started the construction of its 100MW solar power project in Andhra Pradesh. The Company has secured land and financing for this project. The project was auctioned by NTPC, which is designated under National Solar Mission for a total capacity of 1000 MW of solar power projects at Kurnool […] 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
Intersolar steps into one of the most promising, but challenging solar markets Updated On Sat, Nov 26th, 2016 by Saurenergy The Iranian Deputy Minister for Energy, Dr. Sattar Mahmoudi, and the Managing Director of the Renewable Energy Organization of Iran (SUNA), Dr. Mohammad Sadegh Zadeh, welcomed more than 400 attendees, twice as many as expected, at the first Intersolar Summit Iran in Tehran on November 15, 2016. Main discussions were about grid-integration solutions, financing and […] Read more
Aurora Solar Technologies announces addition of John McNicol to the Board of Directors Updated On Thu, Nov 24th, 2016 by Saurenergy Aurora Solar Technologies has named John McNicol to the Board of Directors. McNicol brings in a proven track record of building high growth international companies from early start up through periods of substantial asset investment, rapid sales growth and significant shareholder value appreciation. McNicol was formerly the President and Co-CEO of Enwave Corporation where he […] Read more
Azure Power Announces Results for Second Fiscal Quarter 2017 Updated On Wed, Nov 23rd, 2016 by Saurenergy Azure Power Global Limited, one of the leaders in the Indian solar industry, announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the second quarter period ended September 30, 2016. Second Quarter 2017 Period Ended September 30, 2016 Operating Highlights: Operating & Committed Megawatts were at 1,021 MW, as of September […] Read more
USAID to aid African off-grid solar startups with 4 million dollars funding Updated On Wed, Nov 23rd, 2016 by Saurenergy United States Agency for International Development (USAID) has announced the recipients of $4 million in new funding for African off-grid solar energy startups at the UN Climate conference held in Marrakech earlier this month. America’s foreign aid agency sanctioned the seed funding to the eight companies through the Scaling Off-Grid Energy: Grand Challenge for Development […] Read more
