Sungrow Raises US$ 400 Million to Strengthen Core Solar Business Updated On Wed, Aug 3rd, 2016 by Saurenergy Chinese PV inverter manufacturer Sungrow has announced that it issued 120 million additional shares—raising US$400 million of additional capital to strengthen it solar core business. With this new stock offering, the company is expected to reinforce its financial strength, reduce financial risk, and optimize its financial structure. The US$400 million raised in equity capital will […] Read more
Tesla wagers on renewable energy, to acquire SolarCity for $2.6 billion Updated On Mon, Aug 1st, 2016 by Saurenergy Elon Musk’s Tesla Motors Inc. has acquired solar panel installer SolarCity for USD 2.6 billion. Tesla to acquire SolarCity in an all-stock transaction, under the agreement SolarCity stockholders will receive 0.110 Tesla common shares per SolarCity share, valuing SolarCity common stock at $25.37 per share based on the 5-day volume weighted average price of Tesla […] Read more
Germany’s energy storage market will grow 11-fold and reach $1B by 2021: GTM Research Updated On Fri, Jul 29th, 2016 by Saurenergy GTM Research in its latest report ‘The German Energy Storage Market: 2016-2021’, has revealed that Germany’s energy storage market will grow 11-fold in megawatt terms between 2015 and 2021 and will reach an annual value of $1.03 billion. Germany is already one of the world’s leading energy storage markets. At the end of 2015, Germany […] Read more
NALCO Inviting Bids For 20MW Solar PV Project in Madhya Pradesh Updated On Fri, Jul 22nd, 2016 by Saurenergy National Aluminium Company Limited (NALCO), a Navratna CPSE under Ministry of Mines, Govt. of India inviting bid for setting up a 20MW solar PV project in Madhya Pradesh. The identified Govt. revenue land of approximately 55.62 hectare bearing Khasra Number 892,860,909,914,908,917,921,919,974,975,976 at Palra village, Susner Tehsil, Agar Malwa Dist of M.P, as per the requirement […] Read more
Interface of Solar with DC Technology will help Secure Energy Security & provide green energy: Piyush Goyal Updated On Sat, Jul 16th, 2016 by Saurenergy Union Minister of State for Power, Coal, Mines and New & Renewable Energy Piyush Goyal, said that the interface of solar technology with DC technology will help to secure energy security & provide green energy. Goyal further added that this fusion of Solar Technology for providing green energy & energy security can be utilized for […] Read more
SECI invites bid for 2.5 MW Grid Connected Roof Top Solar project in Delhi Updated On Thu, Jul 14th, 2016 by Saurenergy As part of the Jawaharlal Nehru National Solar Mission, the Solar Energy Corporation of India (SECI) has issued a tender on behalf of SDMC for Implementation of 2.5MW Grid Connected Roof Top Solar PV System Scheme. Successful bidders have to carry out Design, Engineering, Manufacture, Supply, Storage, Civil work, Erection, Testing & Commissioning of the […] Read more
SolarCity Collaborates With PG&E For Distributed Energy Resource Projects Updated On Thu, Jul 14th, 2016 by Saurenergy SolarCity and Pacific Gas and Electric Company (PG&E) collaborates to demonstrate how the coordinated use of solar smart inverters and behind the meter energy storage could provide enhanced benefits to the grid. PG&E has partnered with SolarCity to install smart inverters and battery storage systems for residential rooftop solar customers. The demonstrations will give an Idea how PG&E […] Read more
Tabuchi America announces Adjustable Solar-Plus-Storage Controls for Homes Updated On Wed, Jul 13th, 2016 by Saurenergy Tabuchi America announced new functionalities to their residential system that will help customers optimize their solar investment. The four modes integrated in the system enable customers to prioritize their specific needs from their solar-plus-storage system, from reducing costs to ensuring reliable backup power. The company in a statement said that this level of control is […] Read more
The residential solar market in the US to grow at a CAGR of 33.12% by 2020: Research and Markets Updated On Sat, Jul 9th, 2016 by Saurenergy Research and Markets has announced the addition of the “Residential Solar Market in the US 2016-2020” report to their offering. The research firm forecast the residential solar market in the US to grow at a CAGR of 33.12% during the period 2016-2020. The report covers the present scenario and the growth prospects of the residential […] Read more
