Ellomay to Buy 300 MWp Spanish Solar Power Project Updated On Wed, May 3rd, 2017 by Saurenergy Ellomay has entered into a SPA, acquiring the Spanish firm behind the project, Talasol Solar’s 300 MW solar power project with purchase amount of EUR 10 million. Ellomay Capital Ltd., an emerging operator in the renewable energy and energy infrastructure sector has announced its entry, through one of the Company’s subsidiaries, into a share purchase […] Read more
Canadian Solar Secures AUD65 Million Project Financing for its 47MWp Solar Power Projects in Australia Updated On Tue, May 2nd, 2017 by Saurenergy The 17MW Longreach 30MW Oakey solar power projects in Queensland, Australia are both scheduled to commence construction in May 2017 and reach commercial operation in early 2018. Canadian Solar, one of the world’s largest solar power companies, today announced that it has secured AUD65 million (US$50 million) of non-recourse project financing with a 5-year term […] Read more
ADB Backs Sunseap to Build Cambodia’s First Large-Scale Solar Power Farm Updated On Mon, May 1st, 2017 by Saurenergy As part of the Cambodia’s First Large-Scale Solar Farm project, Sunseap entered into a 20-year solar power purchase agreement (PPA) with EDC. The Asian Development Bank (ADB) has backed Singapore’s Sunseap Group’s project to build Cambodia’s first large-scale solar power project under a long-term agreement with Electricité Du Cambodge (EDC). ADB’s Private Sector Operations Department […] Read more
Market Regulator SEBI Finalizes Norms for Issuance and Listing of Green Bonds Updated On Mon, May 1st, 2017 by Saurenergy SEBI had proposed a new framework for issuance and listing of green bonds more than a year ago, and this will help in raising funds from capital markets for investment in the renewable energy space. Regulator SEBI has finalized norms for issuance and listing of green bonds, which will help in raising funds from capital […] Read more
Coal Use in China Declines in 2016 as Solar Capacity Rises 82% Updated On Sun, Apr 30th, 2017 by Saurenergy Significant investments in clean energy and favourable renewable energy prices continue to stifle the demand for coal in China. The world’s largest carbon emitter’s coal consumption fell in 2016 for the third consecutive year. The National Bureau of Statistics said the country’s consumption of coal fell by 4.7 per cent last year, according to preliminary […] Read more
U.S. Should Ally With China To Drive Global Solar Industry – Study Updated On Sun, Apr 30th, 2017 by Saurenergy In a new study, researchers from Stanford’s Steyer-Taylor Center for Energy Policy and Finance make some intriguing and perhaps controversial solar policy recommendations for the U.S. government. The researchers encourage the U.S. to reconsider a wide variety of its solar energy policies, including its trade war with China, in order to maximize the industry’s long-term […] Read more
Secret to Hit 40GW Updated On Sat, Apr 29th, 2017 by Saurenergy Government of India has rightly made rooftop solar power one of its top clean energy priorities. In 2014, the government revised the national solar installation target from 22 GW to an aggressive 100 GW by 2022 which is helping the country to become one of the world’s fastest-growing solar markets. The 100 GW target was […] Read more
Solar Mounting Structures: Racking Matters Updated On Thu, Apr 27th, 2017 by Saurenergy Globally, solar installations have been growing at an impressive pace. A large share of growth has been contributed from India, and with 100GW of target by 2022 in its hand, India is on the verge of becoming the world’s biggest solar nation. Continuous reduction in the solar system prices with respect to higher grid rates […] Read more
Halving Global Carbon Emissions by 2040 is Within Our Reach, but Govt., Investors and Businesses Must Act Now: ETC Updated On Tue, Apr 25th, 2017 by Saurenergy Falling costs of renewables and batteries make cost-effective, clean electricity, unstoppable and essential to the transition to a low-carbon, energy-abundant world. The Energy Transitions Commission (ETC) in its latest report said that halving global carbon emissions by 2040 is within our reach. According ETC Governments, investors and businesses must seize the opportunity to halve carbon […] Read more