Canadian Solar Secures AUD65 Million Project Financing for its 47MWp Solar Power Projects in Australia Updated On Tue, May 2nd, 2017 by Saurenergy The 17MW Longreach 30MW Oakey solar power projects in Queensland, Australia are both scheduled to commence construction in May 2017 and reach commercial operation in early 2018. Canadian Solar, one of the world’s largest solar power companies, today announced that it has secured AUD65 million (US$50 million) of non-recourse project financing with a 5-year term […] Read more
Agreements Signed For 120 MW of Solar Power Projects in Nigeria Updated On Tue, May 2nd, 2017 by Saurenergy Afrinegia Nigeria Limited and CT Cosmos Nigeria Limited have inked an agreement for put/call option with the Ministry of Power Works and Housing for 120 MW of Solar Power Projects in Nigeria Two more solar project developers have signed financial risk agreements for utility-scale solar power projects in Nigeria, strengthening the country’s roadmap towards becoming […] Read more
India Expects To Add Almost 10 GW of Solar Power Capacity in 2017 Updated On Tue, May 2nd, 2017 by Saurenergy Mercom Capital Group expects over 9,000 megawatts of utility-scale and almost 800 megawatts of rooftop solar power capacity to be added in 2017. The Indian solar power market is expected to see another record capacity addition this year as several large-scale power projects are lined up for commissioning. According to India-based consultancy Mercom Capital Group, […] Read more
China Flaunts Solar Boom Drives the Global Solar Market Updated On Mon, May 1st, 2017 by Saurenergy Latest report has unveiled record solar demand in China which has dramatically moulded the global PV installation for 2017. Chinese demand exceeded 34 gigawatts last year, pushing global installed solar capacity just over 78 gigawatts. These latest figures oust the 51 gigawatts of solar installed in 2015, and puts cumulative installed capacity beyond 306 gigawatts […] Read more
ADB Backs Sunseap to Build Cambodia’s First Large-Scale Solar Power Farm Updated On Mon, May 1st, 2017 by Saurenergy As part of the Cambodia’s First Large-Scale Solar Farm project, Sunseap entered into a 20-year solar power purchase agreement (PPA) with EDC. The Asian Development Bank (ADB) has backed Singapore’s Sunseap Group’s project to build Cambodia’s first large-scale solar power project under a long-term agreement with Electricité Du Cambodge (EDC). ADB’s Private Sector Operations Department […] Read more
NISE to Conduct Three Day Skill Development Program on Solar PV System Design Using PVSYST & PVSOL Software Updated On Mon, May 1st, 2017 by Saurenergy The Three Day Skill Development Program from NISE will focus on Solar PV System Design Using “PVSYST & PVSOL” simulation software and understand an off- grid system, on- grid system and hybrid system. National Institute of Solar Energy (NISE) is conducting its 11th Three Day Skill Development Program on Solar PV System Design Using “PVSYST […] Read more
VIZ-A-VIZ with Hiten G. Parekh, Head, Everest Solar Updated On Sun, Apr 30th, 2017 by Saurenergy Q. Roof of commercial buildings and manufacturing facilities in India are usually old and weak, and installing solar panels would affect the life of the roof, what key facets are been looked into before commissioning such critical projects? For any roof – old or new, it is important to first check the structure stability. As a […] Read more
Coal Use in China Declines in 2016 as Solar Capacity Rises 82% Updated On Sun, Apr 30th, 2017 by Saurenergy Significant investments in clean energy and favourable renewable energy prices continue to stifle the demand for coal in China. The world’s largest carbon emitter’s coal consumption fell in 2016 for the third consecutive year. The National Bureau of Statistics said the country’s consumption of coal fell by 4.7 per cent last year, according to preliminary […] Read more
Filipino, Chinese Firms Launch Wind and Solar Power Plants Updated On Sun, Apr 30th, 2017 by Saurenergy Filipino and Chinese companies announced $43 million wind and solar power plants that will be built in the northern Philippines. Energy Logics Philippines Inc and Qingdao Hengshun Zhongsheng Group Co, will build a 132-megawatt plant in Burgos and a 100-megawatt facility in Pasuquin, both in Ilocos Norte. “It is the biggest project that a China enterprise […] Read more