Sammons Renewable Energy Leads $241 Million Solar Cash Equity Transaction with SolarCity Updated On Mon, Dec 26th, 2016 by Saurenergy Sammons Renewable Energy has announced that it led the equity portion of a $241 million cash equity transaction with SolarCity. Franklin Park Investments manages SRE. As part of the deal, SRE is investing in a portfolio of solar projects in 16 states, including 26,000 home residential systems and 19 commercial and industrial solar projects. The […] Read more
India will be among the largest installations of renewable energy by 2022: Piyush Goyal Updated On Mon, Dec 26th, 2016 by Saurenergy Asserting that the present generation has the duty to leave behind a better place to live in for the next generation, Minister of State for Power, Coal, New and Renewable Energy and Mines Piyush Goyal on Saturday said by 2022, India will be one of the largest installations of renewable energy in world. Goyal also […] Read more
Rajasthan Government Exempts Electricity Duty for Rooftop Solar Updated On Mon, Dec 26th, 2016 by Saurenergy To further encourage the investments in renewable energy projects, the state government of Rajasthan has exempted electricity duty of 40 paise/unit for rooftop solar and captive units. The decision will help the state to reach closer to 2300 MW rooftop solar capacity by 2022, a target given to it by the Centre. The duty cut […] Read more
Solar Integrated Roofing Corp. Appoints Robert Rinaldi Vice President of Sales Updated On Sat, Dec 24th, 2016 by Saurenergy Solar Integrated Roofing Corp., announced that it has appointed Robert Rinaldi as vice president of sales. Mr. Rinaldi, age 47, brings to Solar Integrated Roofing Corporation a range of experience distinctly suited to the sale of SIRC’s products. Most recently, he spent seven years as Manager of the Berkeley Group on Singer Island, Florida. There, […] Read more
HAL Airport Installs 3.5MW Single-Axis Solar Project Updated On Sat, Dec 24th, 2016 by Saurenergy To harness solar energy, a 3.5MW solar power project has been installed by HAL at its Airport in Bengaluru. The solar power project that spread across 23 acres with 12,985 solar modules was inaugurated by T. Suvarna Raju, CMD, HAL on Friday. “We are pleased to be a part of this environment friendly initiative by […] Read more
Etrion Completes Balance of Sale of Italian Solar Portfolio to EF Solare Italia Updated On Sat, Dec 24th, 2016 by Saurenergy Early this year in November Etrion Corporation signed definitive sale and purchase agreement with Ultor S.p.A, a joint venture owned equally by Enel Green Power S.p.A. and Fondo Italiano per le Infrastrutture. Now the company has announced that it has completed phase two of the previously disclosed sale of its Italian solar portfolio to EF […] Read more
France inaugurates world’s first solar highway Updated On Fri, Dec 23rd, 2016 by Saurenergy France has inaugurated the world’s first “solar highway”, a road paved with solar panels providing enough energy to power the street lights of the small Normandy town of Tourouvre. The one-kilometre (half-mile) “Wattway” covered with 2800 square metres (30000 square feet) of resin-coated solar panels was hooked up to the local power grid as environment […] 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
Alterra Power Announces Amendment of Power Purchase Agreement for Michigan Solar Project Updated On Fri, Dec 23rd, 2016 by Saurenergy Alterra Power and Inovateus Solar announces the execution of an amended and restated power purchase agreement under which Spartan PV 1, LLC is expected to sell power to the Board of Trustees of Michigan State University (“MSU”). Under the agreement, the Project, a 15.5MWDC (10.1MWAC) solar power plant to be located on carports on the […] Read more