The Total-Adani Deal- Impact on Indian Solar Sector Updated On Fri, Feb 7th, 2020 by Saurenergy The announcement yesterday of a proposed JV between Total Total SA, the french energy major, and Adani Green Energy, the renewable energy arm of the Adani Group, for $510 million (approx Rs 3600 crores) is, to put it mildly, a surprise. After all, while not dire, the sector today faces multiple pressure points, the latest […] Read more
Total to Buy 50% Stake in Adani’s Solar Portfolio for About USD 510 Mn Updated On Thu, Feb 6th, 2020 by Saurenergy In a bid to extend its long term partnership to renewables portfolio, Adani Group on Thursday entered into binding agreement to sell its half of the stake in solar energy assets for about USD 510 million to Total Gas & Power Business Services SAS (Total). As per the deal, Total will acquire 50 percent stake […] Read more
Sunnova Debuts Bundled Roofing Plus Solar Finance Offering Updated On Thu, Feb 6th, 2020 by Saurenergy Sunnova is launching a new product that bundles financing for roof replacements with its solar or solar + storage system under a single finance agreement. Sunnova Energy International has announced that the Company is launching a new, innovative product, which bundles financing for roof replacements with a Sunnova solar or solar + battery storage system […] Read more
TGC Gets Financing for 70 MW New York Community Solar Portfolio Updated On Thu, Feb 6th, 2020 by Saurenergy TGC has closed on $42.8 million in debt financing and $41.1 million in tax equity financing for a 70 MW community solar portfolio located in New York State. True Green Capital Management (TGC), a specialized energy infrastructure asset management firm, today announced that its has closed on USD 42.8 million in debt financing and USD […] Read more
Canadian Solar, Lightsource BP Sign 1.2 GW Module Supply Agreement Updated On Thu, Feb 6th, 2020 by Saurenergy Canadian Solar has signed a multi-year module supply agreement with Lightsource BP to deliver 1.2 GW of high efficiency polycrystalline solar modules Canadian Solar, one of the world’s largest solar power companies, has announced that it has signed a multi-year module supply agreement with Lightsource BP to deliver 1.2 GW of high efficiency polycrystalline solar […] Read more
Solar Power to Become Cheaper and More Efficient in 2020s: Report Updated On Wed, Feb 5th, 2020 by Saurenergy Solar system prices will continue to become cheaper over the next decade, driven by advances in module efficiency, manufacturing, labour practices, and software, a new analysis has revealed. Solar system prices will continue to become cheaper over the next decade, driven by advances in module efficiency, manufacturing, labour practices, and software, according to Wood Mackenzie. […] Read more
Vikram Solar Hires Inox Wind’s Saibaba Vutukuri as New CEO Updated On Wed, Feb 5th, 2020 by Saurenergy In a significant development, country’s one of the leading solar module maker Vikram Solar on Wednesday said that it has appointed Saibaba Vutukuri as its new Chief Executive Officer (CEO). After Vutukuri’s appointment, Gyanesh Chaudhary, who was earlier holding the post of Managing Director and CEO of Vikram Solar, will remain as the company’s Managing […] Read more
Flair Group to Solarise its Manufacturing Plant with SunAlpha Energy Updated On Wed, Feb 5th, 2020 by Saurenergy Rajasthan based SunAlpha Energy on Wednesday said that it has entered into partnership with Flair Writing Industries Ltd, country’s one of the leading manufacturers of writing instruments, to solarise its manufacturing facility. As per the deal, the company will install a solar plant of 150 kW capacity at the Flair’s manufacturing plant in Daman. Further, the […] Read more
CIP to Fund Development of Canada’s Largest Solar Project Updated On Tue, Feb 4th, 2020 by Saurenergy Greengate and CIP have entered into an agreement to fund the further development of the Travers Solar project, the largest solar project (to date) in Canada. Greengate Power Corporation and the Copenhagen Infrastructure Partners (CIP) have announced that they have entered into an agreement with the intention to fund the further development and construction of […] Read more
