Canadian Solar Subsidiary Recurrent Energy Gets $50 Million LoC from Natixis Updated On Tue, Apr 2nd, 2019 by Saurenergy Canadian Solar today announced that its wholly-owned subsidiary Recurrent Energy, LLC has secured a $50 million letter of credit facility from global financial services company Natixis. The US-based firm Recurrent Energy, which is one of the leading utility-scale solar and energy storage project developer has secured a $50 million LoC facility from multinational financial services […] Read more
LONGi Solar Wins Order For Ukraine’s Second Largest Solar Plant Updated On Tue, Apr 2nd, 2019 by Saurenergy LONGi Solar will deliver 63.8 MW monocrystalline PERC modules and provide technical support during project implementation. In Ukraine, the second-largest solar power plant in Panovtsy, Kamianets-Podilskyi, in the Khmelnytskyi district, has been put into operation. The solar power plant is a joint venture of ICU, an independent asset manager, private equity, and investment advisory firm […] Read more
APEPDCL Seeking Approval of Discom-Driven Solar Rooftop Program Updated On Tue, Apr 2nd, 2019 by Saurenergy In its petition, APEPDCL has asserted that this program will lead to reduced cost of rooftop solar PV systems for consumers, ensure quality, address the challenge of interconnection delays and enable adoption of rooftop solar PV by low-end consumer segments. The Eastern Power Distribution Comp-any of Andhra Pradesh (APEPDCL) has filled a petition with the […] Read more
India Levies Anti-Dumping Duty on EVA Sheet for Solar Module Updated On Mon, Apr 1st, 2019 by Saurenergy The anti-dumping duty imposed shall be effective for a period of five years. The Department of Revenue under the Ministry of Finance has imposed an anti-dumping duty on the import of ‘Ethylene Vinyl Acetate (EVA)’ sheet used in the manufacture of solar cells and modules from China, Saudi Arabia, Malaysia and Thailand. In a notification, […] Read more
$130 Mn Grant For Early-Stage Solar Research Project Updated On Sat, Mar 30th, 2019 by Saurenergy The U.S. Department of Energy (DOE) announced up to $130 million for new research to advance early-stage solar technologies. These projects will help to achieve affordable and reliable energy to enhance America’s economic growth and energy security. “Solar is an integral part of the Administration’s ‘all-of-the-above’ energy strategy,” said U.S. Secretary of Energy Rick Perry. “This cutting-edge, […] Read more
Doublet Module – The Magic of Two! Updated On Sat, Mar 30th, 2019 by Saurenergy With the widespread adaptation of solar energy in early 21st century, it was clear that solar photovoltaic (PV) shall be the next big source of energy in world’s energy mix. While its advantages were obvious, the global energy market started seeking out a more superior PV module. Efforts were made in almost all the field, […] Read more
Plunging Costs of Lithium-Ion Batteries on the Verge of Displacing Coal, Gas Updated On Fri, Mar 29th, 2019 by Saurenergy Two technologies that were immature and expensive only a few years ago but are now at the center of the unfolding low-carbon energy transition have seen spectacular gains in cost-competitiveness in the last year. The latest analysis by research company BloombergNEF shows that the benchmark levelised cost of electricity, or LCOE, for lithium-ion batteries has […] Read more
Interview with Rajendra Kumar Parakh, CFO, Vikram Solar Updated On Thu, Mar 28th, 2019 by Saurenergy Availability of Domestic Finance at Viable Cost is Still a Distant Dream The only challenge that we can foresee is in terms of availability of finance and cost of finance available for renewable energy sector. Sources of finance for both solar manufacturing industry and solar deployment industry are scarce, a large part of funding comes […] Read more
Anesco Picks EDF Energy & Upside For Solar and Battery Farm Trading Deal Updated On Tue, Mar 26th, 2019 by Saurenergy EDF Energy will provide Anesco with a guaranteed minimum revenue to give income certainty. France-based EDF Energy in a partnership with technology partner Upside Energy has signed a deal with Anesco, one of UK’s largest renewable energy companies, to optimise a combined 16 MW of solar and battery assets at the Clayhill solar farm. This unique […] Read more
