Fortum, Taaleri signs an agreement with Chempolis Oy to invest in the company Updated On Mon, Oct 24th, 2016 by Saurenergy Fortum and Taaleri Kiertotalous Ky have entered into an agreement with Chempolis Oy to invest in the company. The agreement is part of a restructuring of Chempolis Oy’s ownership and financing, in order to strengthen the balance sheet and operations as well as open new growth areas. Fortum will invest approximately EUR 6.4 million and […] Read more
Suzlon partners with Canadian Solar for 30 MW solar projects in Telangana Updated On Thu, Oct 20th, 2016 by Saurenergy Suzlon Group has partnered with Canadian Solar for two solar projects of 15 MW each at the sites of Ramannapet and Kamareddy, Telangana. Canadian Solar shall acquire 49% stake in Avighna Solarfarms Limited and Amun Solarfarms Limited, the special purpose vehicles (SPVs) setup by Suzlon for executing these projects. Canadian Solar shall provide its top […] Read more
Tesla to team up with Panasonic to collaborate on manufacturing of photovoltaic cell and module production Updated On Tue, Oct 18th, 2016 by Saurenergy Tesla and Panasonic have entered into a non-binding letter of intent under which they will begin collaborating on the manufacturing and production of photovoltaic (PV) cells and modules in Buffalo, New York. Under this agreement, which is contingent upon shareholders’ approval of Tesla’s acquisition of SolarCity, Tesla will use the cells and modules in a […] Read more
Total corporate funding in the solar sector in Q3 2016 was $3 billion: Mercom Capital Group Updated On Wed, Oct 12th, 2016 by Saurenergy Mercom Capital Group has released a report on funding and merger and acquisition (M&A) activity for the solar sector in the third quarter of 2016. According to the global clean energy communications and consulting firm total corporate funding, including venture capital and private equity (VC) funding, public market and debt financing into the solar sector in Q3 2016 was up […] Read more
Asian Development Bank to allocate 500 million dollars loan for putting up solar rooftops in India Updated On Tue, Oct 4th, 2016 by Saurenergy The Asian Development Bank (ADB) is set to provide $500 million in financing for rooftop solar systems that will help the Indian government expand energy access using renewable energy. ADB will provide the financing to Punjab National Bank – one of India’s largest commercial banks – which will use the ADB funds to make loans […] Read more
Azure Power Ties up with Overseas Private Investment Corporation (OPIC) Updated On Tue, Oct 4th, 2016 by Saurenergy Azure Power has announced that it has partnered with U.S. Government’s development finance institution- Overseas Private Investment Corporation (OPIC) for long-term low-cost debt financing facility of USD 20 million for 15 years at a cost of capital of 4.74%. The company will utilize the load to construct 19 MW new solar rooftop projects across multiple […] Read more
Intersolar India 2016 to hold an Extensive Accompanying Program for a Growing Market Updated On Mon, Oct 3rd, 2016 by Saurenergy India has one of the fastest growing solar markets in the world. According to the Mercom Capital Group, a total of 8.1GW of PV capacity had been installed in the country by August 2016, and 21 additional GW are already in the pipeline. These figures present the ideal backdrop against which to hold Intersolar India. […] Read more
Our strategy for India is to provide the best quality modules with high efficiency: Nimish Jain, Deputy Director APAC, JinkoSolar Updated On Fri, Sep 23rd, 2016 by Saurenergy JinkoSolar is one of the global leaders in the solar industry. It distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, India, United States, Japan, Germany, UK, Chile, South Africa, Mexico, Brazil, UAE, Italy, Spain, France, Belgium, and other countries and regions. […] Read more
Japan’s Softbank to invest in Indian Solar Manufacturing to boost Modi’s 100GW target Updated On Tue, Sep 20th, 2016 by Saurenergy Japan’s SoftBank Group Corp. has its mind on collaborating with Indian manufacturers to produce the solar panels that will facilitate in meeting the Prime Minister Narendra Modi’s energy targets. Manoj Kohli, Executive Chairman of SB Energy said to Bloomberg, “SoftBank’s strategy for India includes solar panel manufacturing.” He also ruled out making the panels through […] Read more
