France roars the Gigawatt Solar Capacity announces 20GW Solar Tenders Updated On Sat, Jul 16th, 2016 by Saurenergy Few years back, the mammoth Gigawatt(GW) stories were profoundly exciting for the solar sector. Now, it seems not a challenge but an amended pledge for every major economy to rejig the renewable transition. The French environment and energy minister Segolene Royal has lately announced a number of new solar tenders in France for the development of various […] Read more
Infineon acquires Wolfspeed for USD 850 million Updated On Fri, Jul 15th, 2016 by Saurenergy Infineon Technologies has entered into a definitive agreement to acquire the Wolfspeed Power and RF division (“Wolfspeed”) of Cree for USD 850 million. The deal also includes the related SiC wafer substrate business for power and RF power. This acquisition will enable Infineon to provide broadest offering in compound semiconductors, it will also reinforce the […] Read more
Tabuchi America announces Adjustable Solar-Plus-Storage Controls for Homes Updated On Wed, Jul 13th, 2016 by Saurenergy Tabuchi America announced new functionalities to their residential system that will help customers optimize their solar investment. The four modes integrated in the system enable customers to prioritize their specific needs from their solar-plus-storage system, from reducing costs to ensuring reliable backup power. The company in a statement said that this level of control is […] Read more
SPI Energy strengthens its senior management team with two key appointments Updated On Thu, Jul 7th, 2016 by Saurenergy SPI Energy strengthened its senior management team with the appointment of Kevin Qi as Senior Vice President (“SVP”) and Minghua Zhao became as Chief Operating Officer (“COO”) of the Company’s China domestic business. Qi will be in charge of corporate development and capital markets. Kevin Qi has more than 17 years of experience dealing with […] Read more
SPI Energy signs non-binding framework agreement with GSR GO Scale Capital Updated On Tue, Jul 5th, 2016 by Saurenergy SPI Energy, a global provider of photovoltaic (PV) solutions has signed a non-binding framework agreement with private equity firm GSR GO Scale Capital Advisors for the issue of US$500 million convertible bonds by the Company. GSR GO Scale Capital will act as an investment advisor to bond holders in order to build the largest capacity […] Read more
Tamil Nadu to produce 3,000 MW of power in next three years through solar rooftop Updated On Fri, Jul 1st, 2016 by Saurenergy Tamil Nadu is planning to produce 3,000 MW of power in next three years through solar rooftop and develop green villages. Speaking on the sideline of 15th edition of CII Green Power 2016 P Thangamani, Minister for Electricity, Prohibition and Excise said that the state has developed a vision to become a global leader in […] Read more
World Bank announces to provide more than $1 billion for India’s solar project Updated On Thu, Jun 30th, 2016 by Saurenergy The World Bank Group has signed an agreement with India led International Solar Alliance (ISA) to work together on increasing solar energy use around the world, with the goal of mobilizing $1 trillion in investments by 2030. The agreement was signed in the presence of Finance Minister Arun Jaitley, Power, Coal, New and Renewable Energy minister Piyush […] Read more
SolarCity announces Special Committee for Tesla Deal Updated On Tue, Jun 28th, 2016 by Saurenergy Just after the American electric car maker, Tesla proposed an acquisition deal with SolarCity – the solar panel manufacturer company has recently formed a special committee of just two directors to evaluate Tesla Motors $2.8 billion acquisition deal. SolarCity independent directors Donald Kendall and Nancy Pfund will serve on the committee. Kendall is the chief […] Read more
Telangana Solar Energy Policy Updated On Sat, Jun 25th, 2016 by Saurenergy Telangana Solar Energy Policy Updates 2017 In order meet the state’s rooftop solar target of 2,000 MW by 2022, the state government of Telangana will allow equated monthly instalments (EMI) base rooftop installation program for individual consumers prior being served to government employees in the state. Telangana has a vast solar potential with average insolation […] Read more
