Boralex to Acquire Interests in 7 Solar Plants in the US Updated On Tue, Nov 24th, 2020 by Saurenergy Boralex Inc. (TSX: BLX) (“Boralex” or the “Corporation”) is pleased to announce that Boralex US Solar CIA LLC, a wholly owned subsidiary of the Corporation, has entered into binding agreements with Centaurus Renewable Energy LLC (“CRE”) and certain other investors to acquire their controlling interests in seven solar plants, located in the United States, for a […] Read more
DSM Advanced Solar launches new ‘all purpose’ Endurance backsheet Updated On Tue, Nov 24th, 2020 by Saurenergy Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, today announced the launch of the ‘all purpose’ Endurance backsheet D15: a product that fills a gap in the solar market by delivering superior protection for a wide range of solar modules at an ideal performance-cost ratio. As a leader in co-extruded backsheet […] Read more
Vesper Energy Secures Letter of Credit Facility for up to $100 Million Updated On Tue, Nov 24th, 2020 by Saurenergy New Financing Will Fast-Track the Development of Its 3 GW Solar, 2.5 GWh Energy Storage North American Project Pipeline Vesper Energy – a leading developer, owner and operator of utility-scale renewable energy assets – announced it closed a new letter of credit (LC) facility with Macquarie Group (“Macquarie”) for up to $100 million. The LC […] Read more
Solar Loans Securitisation. Loanpal Raises $400 Million In US Updated On Tue, Nov 24th, 2020 by Saurenergy Almost no infra sector can grow without access to finance, and this is as true of residential solar as anything else. If the Auto and housing sector exploded on the back of better access to finance, then the residential solar sector, at least in the US, seems to be going the same way. And now, […] Read more
Trina Solar Purchases 1.2 Billion units of 210mm Monocrystal Silicon Wafers in Cooperation with Zhonghuan Updated On Mon, Nov 23rd, 2020 by Saurenergy Changzhou Trina Solar Energy Co., Ltd. (hereinafter Trina Solar) and Tianjin Zhonghuan Semiconductor Co., Ltd., (hereinafter Zhonghuan) signed a framework contract. Under the contract, Trina Solar intends to purchase 210mm monocrystal silicon wafers from Tianjin Huanou International Silicon Material Co., Ltd., a subsidiary of Zhonghuan. During the proposed procurement period between January 2021 and December 2021, the estimated total contract value […] Read more
KERC Reinstates Tariff of ₹4.79/unit for Adani Green Energy Updated On Sat, Nov 21st, 2020 by Saurenergy The Karnataka Electricity Regulation Commission (KERC) passed two orders in favor of Adani Green Energy Limited’s (AGEL) solar plants of 20 MW each. Both the projects were part of a tender by Karnataka Renewable Energy Development Limited (KREDL) for 290 MW of solar projects for 17 talukas across Karnataka. The distribution companies (DISCOMs) Hubli Electricity […] Read more
Novartis Inches Closer To 100% Renewable Energy With 5 VPPA’s Updated On Fri, Nov 20th, 2020 by Saurenergy In a move that has made Novartis the first pharma company to attain the 100% renewable electricity user status for its European operations, the firm recently signed up for five virtual power purchase agreements (VPPAs). These agreements together will be generating around 275 MW or more of clean power to the electrical grid, serving as […] Read more
Canadian Solar Records Big Growth in Module Shipments, Profit in Q3 Updated On Fri, Nov 20th, 2020 by Saurenergy Canadian Solar has reported big growth in all key business segments including growth in Module Shipments, Module Manufacturing capacity, etc in Q3. Canadian Solar, one of the largest solar module manufacturers and project developers has reported its financial results for the 3rd quarter (Q3) of the financial year. The firm has reported big growth in […] Read more
SunSource Bags Floating Solar Plus Storage Project in Andaman Updated On Fri, Nov 20th, 2020 by Saurenergy SunSource Energy will develop a 4 MW floating solar project along with a 2 MW storage system in Andaman and Nicobar Islands which it has won in a SECI tender. SunSource Energy, a leading distributed solar energy company, has announced that it will develop a 4 MWac grid-connected floating solar PV power project, along with […] Read more
