Canadian Solar Subsidiary Recurrent Energy Gets $50 Million LoC from Natixis Updated On Tue, Apr 2nd, 2019 by Saurenergy Canadian Solar today announced that its wholly-owned subsidiary Recurrent Energy, LLC has secured a $50 million letter of credit facility from global financial services company Natixis. The US-based firm Recurrent Energy, which is one of the leading utility-scale solar and energy storage project developer has secured a $50 million LoC facility from multinational financial services […] Read more
LONGi Solar Wins Order For Ukraine’s Second Largest Solar Plant Updated On Tue, Apr 2nd, 2019 by Saurenergy LONGi Solar will deliver 63.8 MW monocrystalline PERC modules and provide technical support during project implementation. In Ukraine, the second-largest solar power plant in Panovtsy, Kamianets-Podilskyi, in the Khmelnytskyi district, has been put into operation. The solar power plant is a joint venture of ICU, an independent asset manager, private equity, and investment advisory firm […] Read more
GE Renewable Energy Secures First Order For Cypress Platform Updated On Tue, Apr 2nd, 2019 by Saurenergy GE Renewable Energy will supply its largest onshore wind turbine for Prowind’s project in Bavaria. GE Renewable Energy has been selected by Prowind GmbH to provide three Cypress units for the Elfershausen project in Germany. This marks the first order for GE’s Cypress platform, the company’s largest onshore wind turbine in the field. Prowind will operate […] Read more
Tata Power and IGL to Co-Develop EV Charging Stations and Solar Projects Updated On Tue, Apr 2nd, 2019 by Saurenergy Tata Power and IGL sign pact to jointly work on developing EV charging stations, swapping stations and solar power projects. Tata Power, one of India’s largest integrated power company, has signed an agreement with one of the country’s leading natural gas distribution companies, Indraprastha Gas Ltd (IGL) to co-develop electric vehicle charging stations, battery swapping […] Read more
India Levies Anti-Dumping Duty on EVA Sheet for Solar Module Updated On Mon, Apr 1st, 2019 by Saurenergy The anti-dumping duty imposed shall be effective for a period of five years. The Department of Revenue under the Ministry of Finance has imposed an anti-dumping duty on the import of ‘Ethylene Vinyl Acetate (EVA)’ sheet used in the manufacture of solar cells and modules from China, Saudi Arabia, Malaysia and Thailand. In a notification, […] Read more
Lubi Solar Bags Order for 500 Solar Water Pump Installations in Rajasthan Updated On Sat, Mar 30th, 2019 by Saurenergy The company spokesperson when contacted said that, with this order in Rajasthan, Lubi Solar will grab other solar water pump projects such as RHDH soon. Lubi Solar, which is a division of Lubi Electronics, has won the prestigious order for supply, installation and commissioning of 500 Solar Photovoltaic (SPV) water pumping systems in various parts […] Read more
Kochi Metro Plans to Double its Solar Power Usage to 40 Percent Updated On Sat, Mar 30th, 2019 by Saurenergy The panels will be installed at four hectares of the marshy land at the Muttom Yard, adjacent to the Muttom Station on the KMRL metro line. The second phase powering of Kochi Metro with solar power will soon be inaugurated with the installation of panels at Muttom yard. The latest capacity additions are expected to bump the metro rail corps solar […] Read more
Chile’s First Floating Solar Plant Breaks New Ground for Miners Worldwide Updated On Sat, Mar 30th, 2019 by Saurenergy The commissioning of an 84 kW solar floating plant in a tailings pond owned by Anglo American, the mining giant, in Chile opens up another area for miners to make up for the pollution their activities cause. Coal India Limited should take note. Chile, South America’s richest country on a per capita basis, which is […] Read more
BHEL and GAIL Sign Pact For Co-Development of Solar Power Projects Updated On Sat, Mar 30th, 2019 by Saurenergy State-owned gas utility GAIL India Ltd has signed an agreement with Bharat Heavy Electricals Ltd (BHEL) for cooperation in the development of solar power projects. “GAIL shall be the project developer and BHEL shall act as an engineering, procurement, construction and project management contractor,” the company said in a statement. BHEL shall also provide operation and maintenance services during […] Read more
