LONGi Green Energy Technology’s Revenue Nearly Doubled in 2016 Updated On Fri, Mar 17th, 2017 by Saurenergy LONGi Green Energy Technology’s noticeable improvement in performance is due to the company’s successful effort in breaking free from traditional business model of relying solely on solar wafer, and adding module business to drive revenue growth said the company LONGi Green Energy’s 2016 financial results show that the company posted RMB11.531 billion in revenue, an […] Read more
NEXTracker to Manufacture Additional Structural Components of its Solar Tracking Systems in India Updated On Thu, Mar 16th, 2017 by Saurenergy NEXTracker’s demand has expanded rapidly in India with over 20 projects delivered or under fulfillment with six of India’s largest developers and EPCs. NEXTracker has announced that it will be manufacturing additional structural components of its solar tracking systems locally in India. By augmenting its supply partners to include APL Apollo Tubes Limited along with four other local steel fabricators […] Read more
Indian Oil Corporation Ltd. (IOCL) to add 1 MW of rooftop solar power: Report Updated On Wed, Mar 15th, 2017 by Saurenergy IOCL has a captive solar power project with a capacity of 4 MW at its Cauvery Basin Marketing Terminal in Muttam, in Nagapattinam district The oil major, Indian Oil Corporation Ltd. (IOCL) is reportedly gearing up to add 1 MW of rooftop solar power in Chennai in order reduce its carbon footprint. IOCL has a […] Read more
Neoen Signs PPA for 54MW Solar Power Project in Zambia Updated On Wed, Mar 15th, 2017 by Saurenergy The 54 MW PPA has won by a consortium of Neoen and First Solar for the development of solar power project in Zambia. French solar power developer Neoen has announced that it has signed off on a power purchase agreement (PPA) for a 54MW solar PV project in Zambia. Neoen signed off on the PPA […] Read more
World Bank Loan for Rewa Solar Power Project Updated On Wed, Mar 15th, 2017 by Saurenergy World Bank will provide 25% of the loan amount under its Clean Technology Fund to Rewa Solar Power Project at an interest rate of only 0.25%. The World Bank has agreed to provide loan to develop internal transmission arrangements for the upcoming Rewa Ultra Mega Solar Power Project in Madhya Pradesh. “The World Bank has […] Read more
Canadian Solar Signs PPAs with SECI to Develop 80 MWac Solar Power Projects in Maharashtra Updated On Tue, Mar 14th, 2017 by Saurenergy Canadian Solar was awarded these solar power projects under a 450 MWac solar capacity tender in the state of Maharashtra, through a competitive auction process. Canadian Solar has announced that it has secured Power Purchase Agreements for an aggregate 80 MWac of solar power projects with the Solar Energy Corporation of India (SECI). Canadian Solar […] Read more
Engie Wins Nearly 78MW Solar PV Projects in France Updated On Tue, Mar 14th, 2017 by Saurenergy Engie through its subsidiaries has won the bid to install 78 MW of solar PV plant in France. ENGIE, through its subsidiaries ENGIE Green, La Compagnie du Vent, CNR and Solairedirect, ENGIE has won bidding organized by the French Energy Regulatory Commission (CRE) for 10 Solar PV projects representing 78 MW of installed capacity. With […] Read more
Fortum, Futurice developing a new concept for solar energy companies in developing countries Updated On Tue, Mar 14th, 2017 by Saurenergy The solution for solar energy companies will be developed in an open innovation process by combining the resources and know-how of Fortum and Futurice Fortum and software agency Futurice are working on a new kind of cooperation that combines their expertise in solar energy and software design. The aim of the cooperation is to create […] Read more
Vivint Solar Extends Aggregation Credit Facility Updated On Tue, Mar 14th, 2017 by Saurenergy This revolving credit facility has provided debt capital to Vivint Solar for new residential solar customers and projects until the company has aggregated the contractual cash flows from those systems into pools that support long term debt facilities Vivint Solar has extended the term of the availability period for borrowing under its aggregation credit facility […] Read more
