Tumbling Solar Prices Starts Claiming Victims as Trina Reconsiders India Updated On Thu, Nov 30th, 2017 by Saurenergy Trina solar CEO says the Chinese company is reconsidering a planned India plant because prices there are now too low. The price of solar is tumbling across the world. And solar auctions are having their intended effect: Prices for developers are tumbling across Asia. While that’s good news for consumers, solar companies might have to […] Read more
World Bank’s IFC Funds CleanMax Solar with $15 Million Updated On Thu, Nov 30th, 2017 by Saurenergy IFC also invested $125 million in Hero Future Energies, Hero Group’s renewable arm against an undisclosed equity stake. A senior executive from rooftop solar company CleanMax Solar has announced that the firm which is currently backed by American private equity giant Warburg Pincus has recently secured $15 million of funding against equity capital from International […] Read more
Ingeteam and My Sun Collaborated to Bring Affordable and High Quality Rooftop Solar Solutions Updated On Wed, Nov 29th, 2017 by Saurenergy MYSUN portal to be the online portal to sell INGETEAM’s string inverters in the Indian market INGETEAM, a global company specializing in power and control electronics and MYSUN, India’s leading rooftop solar platform focused on providing end to end solar solutions announced a strategic partnership to make rooftop solar accessible to every home in India. […] Read more
A 24MW Floating Solar Power Plant in Tuticorin to Be Setup By SPIC Updated On Wed, Nov 29th, 2017 by Saurenergy EDAC Engineering will be responsible to provide support for construction of the floating solar power plant. The Southern India Chamber of Commerce and Industry (SICCI) announced during a conference on ‘Climate change mitigation in manufacturing industries’, to set up a 24MW floating solar power plant to be built by Southern Petrochemical Industries Corporation (SPIC), a […] Read more
Canadian Solar to Build 367 MW Solar Projects in Mexican Energy Auction Updated On Tue, Nov 28th, 2017 by Saurenergy Canadian Solar will develop and build three projects, totaling 367 MW in Mexico’s third Long-term Auction for renewables held on Nov. 15 Canadian Solar Inc. has announced that it won 367 MW of solar power projects in Aguascalientes, Hermosillo and Obregón, Mexico, in the country’s third Long-term Auction for renewables held on Nov. 15. Canadian […] Read more
$205 Million Raised, As The Year’s Third Largest Funding By New Energy Solar As IPO Updated On Tue, Nov 28th, 2017 by Saurenergy At the median share range of $1.50 per share between $1.45 and $1.55 the book was closed totaling to $205 million. The amount of $205 million at $1.5 per share has been raised by renewable energy investor New Energy Solar as per their Initial Public Offering (IPO) by Morgan Stanley and Evans and Partners. Bookrunner […] Read more
Mobisol Successfully Installs Off-Grid Solar Power Plant with 10MW Capacity in East Africa Updated On Tue, Nov 28th, 2017 by Saurenergy Mobisol fights global climate change by offsetting 50,000 tons of CO2 equivalent per year through smart rent-to-own solar power systems. Mobisol, a Germany-based provider of decentralized solar power solutions, has successfully installed a capacity of 10MW and electrified over 500,000 people in East Africa to date. The company fights global climate change by offsetting 50,000 […] Read more
Tata Power Solar Commissions India’s First Rooftop Solar Carport Updated On Mon, Nov 27th, 2017 by Saurenergy Inaugurated by Satyender Jain, Minister of Power, the unique rooftop solar carport is estimated to set off 438 Tons of carbon emission annually. Tata Power Solar, an integrated solar company has commissioned India’s first rooftop solar carport at Unity One mall in Rohini, in association with Delhi Metro Rail Corporation (DMRC), to offer provide 300KW […] Read more
Arctech Solar’s First African Solar Power Project Successfully Constructed Updated On Mon, Nov 27th, 2017 by Saurenergy Arctech Solar is expecting a significant solar power yield increase from this project. It is also the first solar power tracker project in southern Namibia so far. The 6MWp solar power plant in Namibia, built by the PowerChina Guizhou Engineering Company, was successfully constructed and is expected to be commissioned and grid connected by the […] Read more