Solar Fastest Growing New Energy Source in India: Mercom Capital Group Updated On Tue, Jun 7th, 2016 by Saurenergy Global clean energy communications and research firm, Mercom Capital Group released its quarterly update on the Indian solar market on Monday, 6th June. Mercom predicts approximately 5 GW of solar installations in India for calendar year 2016. Mercom in its report states that cumulative solar installations in India crossed the 7.5 GW mark as of […] Read more
Sungage Financial adds Vikram Solar to its approved vendor list Updated On Tue, Jun 7th, 2016 by Saurenergy Sungage Financial has listed the Tier 1 solar module manufacturer Vikram Solar as an approved vendor. Vikram Solar Modules can now be installed in any residential solar system that is using financing from Sungage Financial. Ken Oatman, Head of Business Development for the Americas said “After Vikram Solar achieved various certifications such as UL and […] Read more
Vivint Solar closes a tax equity investment fund with new investor Updated On Tue, May 24th, 2016 by Saurenergy Vivint Solar closed a tax equity investment fund with a new investor, with an aggregate funding commitment of $75 million, which will enable the company to install more than 45 megawatts of residential solar energy systems. This is company’s first investment fund with this tax equity investor. The investment will enable Vivint Solar to design, […] Read more
GE Energy Financial Services connects 32 MW PV mega-solar project in Okayama Prefecture, Japan Updated On Wed, May 18th, 2016 by Saurenergy GE Energy Financial Services and Virginia Solar Group have started commercial operations on its jointly owned 32-megawatt Pacifico Energy Kumenan Mega Solar Project in Okayama prefecture, Japan. As one of largest solar power plants in the prefecture, Kumenan Solar Project has been operating with enough power to meet the demands of 11,000 Japanese households since […] Read more
World Bank approves $750 Million loan to Support India’s Grid Connected Rooftop Solar Program Updated On Tue, May 17th, 2016 by Saurenergy The World Bank Board has approved a $625 million loan to support the Government of India’s grid connected rooftop solar programme to generate clean energy. World Bank has also approved a co-financing loan of $120 million on concessional terms and a $5 million grant from Climate Investment Fund’s (CIF) Clean Technology Fund. The project will […] Read more
SolarCity introduces new set of services for utility and grid operators Updated On Fri, May 6th, 2016 by Saurenergy SolarCity on Thursday introduced a new set of services for utility and grid operators. The new services include installation, financing, and consultation for utility-scale solar and energy storage resource development, beside advanced controls for demand response, distributed energy resources, and aggregated grid services. This move signifies a broadening of SolarCity offerings and strategic orientation. SolarCity launched […] Read more
GE signs contract with TSK to provide 220MW LV5 series 1,000-volt solar inverters Updated On Wed, May 4th, 2016 by Saurenergy GE’s Power Conversion business has signed a contract with TSK to provide 220-megawatt (MW) LV5 series 1,000-volt solar inverters and has established the possibility to expand the collaboration for future possible projects with the LV5 series solar inverters. Both the companies have been strategic partners in thermal power plant and wind businesses. With the new […] Read more
GE to provide 220-megawatt (MW) LV5 Series solar inverters for DEWA’s solar project Updated On Wed, May 4th, 2016 by Saurenergy GE has confirmed that it will provide 220-megawatt (MW) LV5 Series solar inverters for Dubai Electricity and Water Authority’s (DEWA) solar project in Mohammed bin Rashid Al Maktoum Solar Park. DEWA’s solar project is considered a breakthrough for the solar industry, as the DEWA power purchase contract with ACWA Power had been signed at one […] Read more
SunEdison files voluntary petitions for reorganization under chapter 11 of the U.S Bankruptcy Code Updated On Fri, Apr 22nd, 2016 by Saurenergy SunEdison has announced that it has commenced a process to restructure its balance sheet and position the Company for the future. To facilitate this restructuring, SunEdison and certain of its domestic and international subsidiaries have filed voluntary petitions for reorganization under chapter 11 of the U.S. Bankruptcy Code in the Bankruptcy Court for the Southern District of New […] Read more
