Microgrid as a service market to provide over USD 904 Million revenue post 2016 Updated On Fri, Dec 30th, 2016 by Saurenergy Micro-grid as a service market is expected to deliver CAGR of 16% during the period 2016 to 2022. Market Research Future expects the global micro-grid as a service market to grow over the CAGR of 16% during the period 2016 to 2022 from USD 772 million in 2015. Micro-grid as a solution combines solar photovoltaic […] Read more
VivoPower International and Arowana Inc. Announce Completion of Business Combination Updated On Fri, Dec 30th, 2016 by Saurenergy VivoPower International PLC, a global next generation solar power company, and Arowana Inc. announced the closing of their business combination transaction. Pursuant to the transaction, ARWA contributed approximately $16.8 million in cash to VivoPower in exchange for 6,088,200 newly issued VivoPower ordinary shares, which are to be distributed to holders of ARWA’s ordinary shares, rights […] Read more
Panasonic, Tesla to start Manufacturing Solar Cells and Modules in Buffalo, NY Factory Updated On Wed, Dec 28th, 2016 by Saurenergy Panasonic Corp. will invest more than 30 billion yen in the production facility of Tesla Motors to make photovoltaic (PV) cells and modules. Tesla and Panasonic have finalized an agreement to start the manufacturing of photovoltaic (PV) cells and modules at the Buffalo, NY factory. According to reports Panasonic Corp will invest more than 30 […] Read more
Sterling and Wilson secures 170 MW Solar Project in Morocco Updated On Tue, Dec 27th, 2016 by Saurenergy Global solar EPC firm Sterling and Wilson has signed an agreement with a consortium led by ACWA Power to construct a 170 MW photovoltaic (PV) facility in Morocco. The agreement was signed during a ceremony at COP 22 in Marrakech, the company said in a statement. “The NOOR PV I Program will consist of three […] Read more
SunPower dedicates 20-MW solar plant in Arizona Updated On Fri, Dec 23rd, 2016 by Saurenergy At an event today in Cochise County, Ariz., Sulphur Springs Valley Electric Cooperative (SSVEC) and SunPower are dedicating a 20-megawatt (AC) solar photovoltaic power plant that is now generating clean, renewable solar power for customers in SSVEC’s service territory. SSVEC will purchase the power generated by the solar plant under a 20-year power purchase agreement […] 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
1366 Technologies with Hanwha Q CELLS hits 19.6% Cell Efficiency Using Direct Wafer and Q.ANTUM Cell Technologies Updated On Thu, Dec 22nd, 2016 by Saurenergy 1366 Technologies with Hanwha Q CELLS has achieved a new performance record of 19.6% cell efficiency for 1366’s Direct Wafer technology. The result was independently confirmed by the Fraunhofer ISE CalLab and clearly demonstrates the combined potential of the two inventions – 1366’s kerfless, drop-in 156 mm multicrystalline wafers and Hanwha Q CELLS Q.ANTUM, passivated […] 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
sPower Connects its Largest Solar Project to the Grid Updated On Tue, Dec 20th, 2016 by Saurenergy sPower and the California Department of Water Resources (DWR) has announced commencement of commercial operations of the 107 megawatt (MWdc) Solverde 1 solar farm. The project is located in the City of Lancaster, Calif., in northern LA County. sPower installed more than 330,000 solar modules with a peak construction crew of 250 plus workers. The […] Read more