Aurora Solar Technologies announces addition of John McNicol to the Board of Directors Updated On Thu, Nov 24th, 2016 by Saurenergy Aurora Solar Technologies has named John McNicol to the Board of Directors. McNicol brings in a proven track record of building high growth international companies from early start up through periods of substantial asset investment, rapid sales growth and significant shareholder value appreciation. McNicol was formerly the President and Co-CEO of Enwave Corporation where he […] Read more
Trina Solar Announces Third Quarter 2016 Results Updated On Thu, Nov 24th, 2016 by Saurenergy Trina Solar Limited, a global leader in photovoltaic (“PV”) modules, solutions, and services, announced its unaudited financial results for the quarter ended September 30, 2016. Third Quarter 2016 Financial and Operating Highlights Total module shipments were 1,361.2 MW, compared with 1,658.3 MW in the second quarter of 2016, and 1,703.2 MW in the third quarter […] Read more
Tesla, SolarCity Powering entire Island of Ta’u in American Samoa with solar power Updated On Wed, Nov 23rd, 2016 by Saurenergy Tesla has revealed that with SolarCity it is powering nearly the entire island of Ta’u in American Samoa with solar power. Tesla officially acquired SolarCity on Monday. SolarCity in a blog notes that Ta’u now hosts a solar power and battery storage-enabled microgrid that can supply nearly 100 percent of the island’s power needs from […] Read more
Report: Global Utility-Scale Solar PV O&M market to reach 182GW in 2016 Updated On Tue, Nov 22nd, 2016 by Saurenergy The global addressable market for megawatt-scale PV operations & maintenance (O&M) and asset management will reach 182-GW by the end 2016. According to GTM Research and SoliChamba Consulting’s latest report, Global Megawatt-Scale PV O&M and Asset Management 2016-2021, this represents a 54 percent annual increase in deployments over last year. Cumulative Megawatt-Scale PV O&M Market, […] Read more
Mosaic Announces New Financing Facilities for Over $550 Million in Home Solar Loans Updated On Tue, Nov 22nd, 2016 by Saurenergy Mosaic, the leading provider of solar loan financing for homeowners, today announced the closing of a $250 million warehouse facility with Deutsche Bank as the arranger and administrative agent. Together with recent upsizes to Mosaic’s existing warehouse facility and a forward flow whole loan sale arrangement, this agreement provides Mosaic with $550 million of new […] Read more
PSEG Solar Source Acquires 6.6 MW Solar Project from BayWa r.e. Updated On Tue, Nov 22nd, 2016 by Saurenergy PSEG Solar Source today announced it has acquired a 6.6 MW-dc solar energy facility from BayWa r.e. Solar Projects representing an investment of $12.2 million. The PSEG Hemlock Solar Energy Center is under construction and scheduled to begin operations later this year. The PSEG Hemlock Solar Energy Center has a 15-year power purchase agreement with […] Read more
Canadian Solar Reports Third Quarter 2016 Results Updated On Tue, Nov 22nd, 2016 by Saurenergy Canadian Solar Inc., one of the world’s largest solar power companies, announced its financial results for the third quarter ended September 30, 2016. Third Quarter 2016 Highlights Total solar module shipments were 1,185 MW, of which 1,161 MW was recognized in revenue, compared to 1,290 MW recognized in revenue in the second quarter of 2016, and […] Read more
The Investors Theorem: Your Rooftop PV Solar Project Updated On Mon, Nov 21st, 2016 by Saurenergy Over the past two decades, there have been many attempts to reform the electric utility market. The costly and complex operations of transporting energy have made utilities natural monopolies, while regulatory barriers and the high fixed costs of building and maintaining regional electrical grid infrastructure have also kept much competition at verge. Now with vigorous […] Read more
Etrion and Hitachi High-Technologies signs Project Finance Agreement for 13.2 MW Komatsu solar project in Japan Updated On Mon, Nov 21st, 2016 by Saurenergy Etrion Corporation, a solar independent power producer, announced today the signing of a project finance agreement with Sumitomo Mitsui Trust Bank, Limited (“SuMi Trust”) for the construction of the 13.2-MW Komatsu solar project located in the Ishikawa Prefecture of Japan. Marco A. Northland, Etrion’s Chief Executive Officer, commented: “I am delighted to announce the signing […] Read more