Rooftop solar units from third party costs 40 percent cheaper than DISCOMs Updated On Thu, Dec 22nd, 2016 by Saurenergy Rooftop solar units installed on industrial and corporate establishments by third parties are offering power 30-40% cheaper than the rates offered by the state’s power distribution companies. This gap is expected to widen further as thermal power companies would need to increase tariffs to accommodate inflationary measures and solar modules prices fall further. The model […] Read more
India to invest $1.8 Billion on Lines to Transmit Solar Power Updated On Thu, Dec 22nd, 2016 by Saurenergy India will invest Rs 127 billion on lines to transmit power from solar parks to enable Prime Minister Narendra Modi’s goal of boosting clean energy capacity to 175 gigawatts by 2022. The dedicated transmission lines, part of the so-called green corridor project was announced at an event ‘Empowering the Grid to meet Future Challenges’ organized […] Read more
NDB signs first loan agreement for financing Shanghai Lingang distributed solar power project Updated On Thu, Dec 22nd, 2016 by Saurenergy The People’s Republic of China and the New Development Bank signed a Loan Agreement approving the provision of RMB (CNY) 525 million (INR 512 million/ USD 75 million) sovereign project loan for the Bank’s first project in China – Shanghai Lingang Distributed Solar Power Project. The Loan Agreement was signed by Mr. Shi Yaobin, Vice […] Read more
Duke Energy completes sale of international businesses in Peru, Chile, Ecuador, Guatemala, El Salvador, Argentina Updated On Wed, Dec 21st, 2016 by Saurenergy Duke Energy completed the previously announced sale of its international businesses in Peru, Chile, Ecuador, Guatemala, El Salvador and Argentina to I Squared Capital for approximately $1.2 billion enterprise value. The company is exiting the Latin American market to focus on its domestic U.S. regulated core business. Duke Energy announced the sale of its assets […] Read more
Thin Film Solar Cells Market Size to Exceed $30bn by 2024: Global Market Insights Updated On Tue, Dec 20th, 2016 by Saurenergy Global Market Insights forecasts the thin film solar cells market size to exceed USD 30 billion by 2024. The research firm notes that strong concerns towards fossil fuel depletion with stringent regulations to reduce greenhouse gas emission will drive global thin film solar cells market share. Financial incentives including tax rebate, subsidies, net metering, FIT, […] Read more
First Funding agreement signed for ARENA’s program to accelerate the rollout of big solar projects Updated On Tue, Dec 20th, 2016 by Saurenergy Australian Renewable Energy Agency’s program to drive down the cost and accelerate the rollout of big solar projects has just seen the first funding agreement signed. The new agreement commits up to $8.9 million of ARENA funding towards Genex’s $126 million Kidston Solar Project in North Queensland. ARENA CEO Ivor Frischknecht said the Kidston project was […] Read more
Canadian Solar Secures USD 62.8 million Refinancing For 50 Megawatts Solar Power Projects Updated On Mon, Dec 19th, 2016 by Saurenergy Canadian Solar has secured GBP 49.3 million (US$62.8 million) non-recourse term loan facilities to refinance a portfolio of 10 solar power plants, with total capacity of 50 megawatts in the United Kingdom. National Westminster Bank (NatWest), a subsidiary of RBS Group, is providing the 18.7-year term facility. Part of the proceeds will be used to […] Read more
Blue Oak Energy with Sun Air Solar Completes 808 kWdc rooftop Solar PV System Updated On Mon, Dec 19th, 2016 by Saurenergy Blue Oak Energy and Sun Air Solar have announced the completion of a 259 kWdc rooftop solar PV system atop a facility occupied by Abbott’s diabetes care business and the Federal Aviation Administration (FAA). Located near Oakland International Airport on Bay Farm Island in San Francisco’s East Bay, a new 259 kWdc rooftop system complements […] Read more
Global Solar Batteries Market Is Expected To Grow At A CAGR Of More Than 16% Through 2020: Technavio Updated On Mon, Dec 19th, 2016 by Saurenergy Technavio forecasts the global solar batteries market to grow at a CAGR of more than 16% through 2022 report. According to the research firm the telecom sector will be one of the major factors that will have a positive impact on the growth of the solar power batteries market in the coming years. With the growth of […] Read more
