Canadian Solar closes a USD 52 million project financing facility with BayernLB Updated On Tue, May 24th, 2016 by Saurenergy Canadian Solar announces that it has closed a £36.4 million (US$52 million) project financing facility with BayernLB to refinance a portfolio of four solar power plants, totaling 40.2 megawatts in the UK. This financing facility with BayernLB is non-recourse project finance, with a term of 17 years. “We are delighted to complete this project financing […] Read more
Mississippi Power and Origis Energy inaugurates 52MW solar facility in Lamar County Updated On Mon, May 23rd, 2016 by Saurenergy Mississippi Power and Origis Energy, along with officials from the Area Development Partnership and Lamar County, held a groundbreaking ceremony for state’s largest solar facility. The USD 100 million facility will generate 52MW electricity which can power approximately 8,000 homes, said the company in a statement. Mississippi Power will receive all energy and associated renewable […] Read more
ReneSola partners UCK Group to develop 116 MW solar power projects in Turkey Updated On Fri, May 20th, 2016 by Saurenergy ReneSola has partnered with a leading Turkish solar energy solution provider UCK Group to develop a pipeline of solar power projects in Turkey with a total installed capacity of 116 MW. All of the projects are unlicensed thus qualifying for the Feed-in-Tariff of $134/Mwh. As per the terms of the partnership agreement, UCK Group’s Berak […] Read more
Delhi Solar Policy Updated On Fri, May 20th, 2016 by Saurenergy Delhi Solar Policy Updates 2017 Delhi Solar Policy 2016 released by the Delhi state government applicable for the period, 2016-2020. Promotion for investment climate enabling multiple financial models is the primary focus of the policy. With the major focus on self-owned Capital Expenditure (CAPEX) to third-party owned Renewable Energy Service Company (RESCO) models applied to […] Read more
sPower signs a deal with PG&E for three 20 MW solar projects Updated On Fri, May 20th, 2016 by Saurenergy sPower has signed a power purchase agreements (PPAs) with Pacific Gas and Electric (PG&E) for its forthcoming Californian solar projects. The independent power producer, sPower will construct and commission three PV facilities (20 MW each) dubbed Bayshore A, B, and C over the course of 2017 in Lancaster, California. These three solar power plants will […] Read more
Solar power plant at Chennai airport to become operational soon Updated On Thu, May 19th, 2016 by Saurenergy Chennai airport’s 1.5 MW solar power plant will soon become operational and save Rs. 8 crore annually. The installation of the panels on cargo terminal is complete and it will become operational soon after the election result of the state is out. With the installation of solar power plant the power bill is said to […] Read more
UNSW engineers set a new world record in solar cell efficiency Updated On Thu, May 19th, 2016 by Saurenergy Engineers at the University of New South Wales have developed a new solar cell configuration that is 34.5 percent efficient at converting unfocused sunlight into electricity. The new solar cell is 44 percent better than the previous record – made by Alta Devices of the USA, which reached 24% efficiency with a larger solar array. […] Read more
GE Energy Financial Services connects 32 MW PV mega-solar project in Okayama Prefecture, Japan Updated On Wed, May 18th, 2016 by Saurenergy GE Energy Financial Services and Virginia Solar Group have started commercial operations on its jointly owned 32-megawatt Pacifico Energy Kumenan Mega Solar Project in Okayama prefecture, Japan. As one of largest solar power plants in the prefecture, Kumenan Solar Project has been operating with enough power to meet the demands of 11,000 Japanese households since […] Read more
ReNew Power & Hareon Solar JV Commissions 72 MW Project in Andhra Pradesh Updated On Tue, May 17th, 2016 by Saurenergy Leading solar players in the Indian and Chinese PV markets, ReNew and Hareon Solar Power has announced that their joint venture company has commissioned 72 MW solar PV plant project in Andhra Pradesh, India. The project, located across two districts of Andhra Pradesh – Kurnool and Prakasam – is expected to generate 115 million units […] Read more
