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
Ujaas Energy gets SP-1A Solar Energy Grading from CARE Updated On Mon, Aug 1st, 2016 by Saurenergy Indore based Solar EPC Company, Ujaas Energy Limited (formerly M&B Swtichgears Limited) has received “SP-1A” grading for its system Integrated (PV) from CARE under the Ministry of New and Renewal Energy Scheme for accreditation of channel partners. “SP-1A” grading stands for the “Highest performance” and “Highest financial strength” Speaking on this occasion JMD, Ujaas Energy […] Read more
Alta Energy Hires Solar Veteran Mark Bettis as Vice President of Sales Updated On Sat, Jul 30th, 2016 by Saurenergy Alta Energy, solar analytics and Procurement Company has hired Mark Bettis to serve as Vice President of Sales. Alta Energy enables commercial enterprises, property owners and agricultural companies to make clear, rational decisions about where, when and how to deploy renewable energy profitably. Prior to joining Alta Energy, Bettis served as Vice President of Sales […] Read more
Solar-Apps Energy announces availability of all in one solar LED street lights Updated On Sat, Jul 30th, 2016 by Saurenergy Solar-Apps Energy has announced the availability of its all in one solar LED street lights. These new street lights use Lithium Phosphate batteries instead of inefficient lead acid. It comes with a LED heat sink for longer life, and fixed point tracking solar panel for highest efficiency. According to the company these all in one […] Read more
Oriental Group signs 50 MW Solar Project with Nigeria Updated On Fri, Jul 29th, 2016 by Saurenergy Oriental Renewable Solutions, also a member of the Oriental Group, have announced that it has sealed a 20-year PPA for a 50 megawatts solar project in Jigawa State of Nigeria. The 50-MW solar project forms part of the 12 solar schemes of 1.2-GW project, which was recently secured off-take contracts with the NBET (Nigerian Bulk […] Read more
Azure Power installs 10MW rooftop solar PV project in Mohali, Punjab Updated On Thu, Jul 28th, 2016 by Saurenergy Azure Power has installed a 10MW rooftop solar PV project in Mohali, Punjab. The 10 MW solar rooftop project is spread across eight locations in the state. Power produced by the solar plant will be sold to Punjab State Power Corporation Limited under 25-year power purchase agreement (PPA) at a tariff of Rs. 7.59/kWh. The […] Read more
Koyna’s Dam to get floating solar panels to generate 600MW power Updated On Thu, Jul 28th, 2016 by Saurenergy A proposal to set up floating solar panels on a surface area of 891 square kilometres on Koyna dam has been cleared. It will be used for solar power generation. The primary survey for the dam has been completed and the next stage of planning is currently underway. Departments like water resources, transmission, and renewable […] Read more
Uganda Debuts Solar-Powered Bus Updated On Thu, Jul 28th, 2016 by Saurenergy Kiira Motors‘s solar-powered bus has made a public debut in Uganda. Recently the company showcased the solar powered bus named Kayoola at Uganda’s capital. The bus has 35 seats and is the first public bus in Africa to be powered by the Sun. According to the chief engineer of the project, Mairo Obuwa, engines of […] Read more
Bras Solar to open solar panel factory in Brazil Updated On Thu, Jul 28th, 2016 by Saurenergy China based Bras Solar has announced that it will open a solar panel factory in Rio Grande do Norte, Brazil. Construction is expected to start this year and the facility is expected to have an initial revenue of USD 61mper year, it will be up and running by 2017. The company aims to reach revenue […] Read more
