JLM Energy announces $25-million project finance investment Updated On Wed, Sep 27th, 2017 by Saurenergy The investment was arranged by GoldenSet Capital Partners as subadvisor to the North Sky Alliance Fund II. CohnReznick Capital was the advisor to JLM Energy in this transaction. JLM Energy, a renewable energy technology company, has announced that it has secured $25 million to finance distributed energy storage projects for Commercial & Industrial (C&I) customers. […] Read more
Azure Power Bags 260 MW Solar Power Project in Gujarat Updated On Wed, Sep 27th, 2017 by Saurenergy The 260 MW allocation is the largest allocation by GUVNL to a solar power developer, 52% of the total allocated capacity of 500 MW announced. Azure Power will provide power for 25 years to GUVNL which has been rated AA- by ICRA, a Moody’s company, at a tariff of INR 2.67 (~US$ 0.04) per kWh. […] Read more
Siemens Gamesa Wins First Order For a Hybrid Wind-Solar Project in Karnataka Updated On Wed, Sep 27th, 2017 by Saurenergy The Wind Solar Hybrid (WiSH) project constitutes the hybridization of an existing 50 MW wind farm with a 28.8 MW solar power plant to be executed in the state of Karnataka, the company said in a statement. Siemens Gamesa has been mandated to develop India’s first large commercial hybrid wind-solar project, where a 28.8-MW solar […] Read more
ONGC will encourage and fund solar electric stove project: Pradhan, Petroleum and Natural Gas Minister Updated On Wed, Sep 27th, 2017 by Saurenergy “Funds from the “ONGC StartUp Program” will be used to make the idea of solar-powered electric stove a reality.” The union government on Monday said energy major ONGC will fund and encourage startups to carry out research and innovation for development of advance electric household stoves which can be powered using solar power. According to […] Read more
Transelec, SunPower Finalize Acquisition of Switchyard Interconnecting 100MW El Pelicano Solar Project Updated On Tue, Sep 26th, 2017 by Saurenergy The Don Héctor switchyard is located 6.5 kilometers from El Pelicano, which SunPower is constructing in Chile’s commune of La Higuera (Coquimbo Region). El Pelicano is expected to be operational by the end of 2017, and will supply 300 gigawatt hours per year of energy to Metro de Santiago, the city of Santiago’s underground railway […] Read more
Fiji, Niger and Tuvalu deposited instrument of ratification of the Framework Agreement of the International Solar Alliance Updated On Tue, Sep 26th, 2017 by Saurenergy Till date 40 countries signed and 11 countries ratified the Framework Agreement Fiji, Niger and Tuvalu deposited instrument of ratification of the Framework Agreement of the International Solar Alliance (ISA) in the 5th meeting of International Steering Committee (ISC) of the ISA that was held in New Delhi yesterday . In this meeting representatives from […] Read more
Solar Photovoltaic (PV) Glass Market to Grow From USD 4.38 Billion in 2017 to USD 18.48 Billion by 2022: MarketsandMarkets Updated On Tue, Sep 26th, 2017 by Saurenergy MarketsandMarket forecasts the solar photovoltaic (PV) glass market to grow from USD 4.38 Billion in 2017 to USD 18.48 Billion by 2022, at a CAGR of 33.4% from 2017 to 2022. Surging demand for solar energy in emerging economies and preference for solar energy in the residential applications are the key factors contributing to the […] Read more
Enel Commissions Largest Solar Project in South America Updated On Tue, Sep 26th, 2017 by Saurenergy Enel has commissioned two solar plants that include the 254 MW and the 292 MW located respectively at Ituverava and Nova Olinda solar parks. Italian developer Enel’s subsidiary Enel Green Power Brasil Participações (EGPB) announced the operation of two solar power plants located in Brazil with an aggregate capacity of 546 megawatts. The two solar […] Read more
SolarEdge – A leading Global Inverter Company Updated On Mon, Sep 25th, 2017 by Saurenergy Now a leading global inverter company, SolarEdge was initially founded in 2006. Its founders include Guy Sella, CEO and Chairman, Lior Handelsman, VP of Marketing and Product Strategy, Yoav Galin, VP of Research and Development, Meir Adest, VP of Core Technologies, and Amir Fishelov, Chief Software Architect. SolarEdge’s founders and executive team bring extensive multidisciplinary […] Read more
