ENGIE Completes Fenix’s Acquisition to Bring Affordable Power to Africa Updated On Wed, Apr 4th, 2018 by Saurenergy Through this partnership, Fenix will gain access to ENGIE’s supply chain, expertise, long-term capital investments and talent across the energy value chain. Global utility company ENGIE has completed the acquisition of the off-grid energy leader Fenix International. ENGIE and Fenix have ambitious targets to reach millions of households across Africa and this partnership will accelerate […] Read more
China’s GCL, Softbank Ink $930 Million Pact to Set up Solar Venture in India Updated On Tue, Apr 3rd, 2018 by Saurenergy According to the MoU, GCL Group and Softbank Investment agree to be directly or through their respective affiliates or subsidiaries in India, will establish a JV in which Softbank Investment (or its affiliates or related companies) is a joint venture company. In a significant development, Japan’s SoftBank Group and Chinese firm GCL Group have […] Read more
Nextera Energy to Sell its Canadian Renewable Portfolio Updated On Tue, Apr 3rd, 2018 by Saurenergy An affiliate of NextEra Energy Resources will continue to operate all of the facilities included in the transaction under a 10-year services agreement with CPPIB. NextEra Energy Partners has signed a definitive pact with Canada Pension Plan Investment Board (CPPIB) for the sale of its wind and solar generation portfolio in Canada, for about USD 582.3 million. […] Read more
NREL Analysis Presents Two Potential Paths to Meeting Residential Solar Cost Reduction Targets for 2030 Updated On Tue, Apr 3rd, 2018 by Saurenergy Leveraging cost-reduction opportunities in the roof replacement or new construction markets for residential photovoltaic (PV) installations could help the United States meet the U.S. Department of Energy (DOE) Solar Energy Technologies Office (SETO) residential solar photovoltaic cost target by 2030, according to new research from the National Renewable Energy Laboratory (NREL). The NREL analysis presents […] Read more
ReNew Power buys Ostro Energy Updated On Mon, Apr 2nd, 2018 by Saurenergy This strategic investment helps ReNew Power further consolidate its position in the fast-growing, Indian clean energy sector. Clean energy firm, ReNew Power has acquired Ostro Energy for an undisclosed amount. The company said in a statement that, “This strategic investment helps ReNew Power further consolidate its position in the fast-growing, Indian clean energy sector.” Concurrent with this transaction, Canada […] Read more
Canadian Solar Wins Project Bond of the Year Award by Environmental Finance Updated On Mon, Apr 2nd, 2018 by Saurenergy The world’s first dual-tenor bond served as the financing vehicle for Canadian Solar’s 19MW Gunma Aramaki Solar Power Plant when it was issued in April 2017. Canadian Solar has announced that it has won Environmental Finance’s Project Bond of the Year award for its innovative dual-tenor green project bond issuance in Japan. Environmental Finance, an […] Read more
CIL Plans to Generate 20 GW Solar Power in Next 10 Years Updated On Mon, Apr 2nd, 2018 by Saurenergy We don’t have the land in single size, its of our various subsidiaries which we will use, says CIL Chairman. As part of its diversification plan, state-owned miner Coal India Ltd (CIL) is targeting to generate about 20,000 MW in next 10 years. Commenting on the development, Coal India, Chairman and Managing Director, Gopal Singh said, “For Coal […] Read more
Sunpreme wins Award for Bifacial Smart Solar PV Panels from Frost & Sullivan Updated On Sat, Mar 31st, 2018 by Saurenergy Sunpreme GxB380 Bifacial Smart Solar received high marks across the board for its best practices for innovative technology, world-class quality, and outstanding customer experience. US-based solar PV company Sunpreme won the 2018 Frost & Sullivan New Product Innovation Award for bifacial smart solar PV Panels. Sunpreme GxB380 Bifacial Smart Solar received high marks across the board […] Read more
India’s PV Module Manufacturing Sector Needs Serious Attention Updated On Sat, Mar 31st, 2018 by Saurenergy India’s manufacturing sector is set to take a giant leap forward, with the government announcing a slew of measures to boost domestic manufacturing in recent past. As a result, various companies are gearing up to expand their production facilities in India. However, Indian manufacturers continue to face a stiff competition with Chinese and other global […] Read more
