VivoPower International and Arowana Inc. Announce Completion of Business Combination Updated On Fri, Dec 30th, 2016 by Saurenergy VivoPower International PLC, a global next generation solar power company, and Arowana Inc. announced the closing of their business combination transaction. Pursuant to the transaction, ARWA contributed approximately $16.8 million in cash to VivoPower in exchange for 6,088,200 newly issued VivoPower ordinary shares, which are to be distributed to holders of ARWA’s ordinary shares, rights […] Read more
Scatec Solar closes sale of 104 MW (DC) Utah Red Hills solar power plant to MIC Renewable Energy Updated On Fri, Dec 30th, 2016 by Saurenergy Sale generated gross cash proceeds to Scatec Solar of USD 28 million Scatec Solar has closed the sale of 100% of the sponsor equity in the 104 MW Utah Red Hills solar power plant to MIC Renewable Energy Holdings. The sale generated gross cash proceeds to Scatec of USD 28 million (NOK 245 million). The […] Read more
Innovative Solar Systems Selling 500MW Blocks of Utility Scale Projects Updated On Thu, Dec 29th, 2016 by Saurenergy Innovative Solar Systems is After the recent announcement of selling 1GW off Utility Scale size Solar Farm projects, ISS has now announced that it is in process of selling 500MW Blocks of Utility Scale Projects. Innovative Solar Systems is in the process of selling off the company’s next portfolio of Utility Scale Solar Farm projects […] Read more
JinkoSolar Donates 14 kW to RE-volv Updated On Wed, Dec 28th, 2016 by Saurenergy 14KW donated by JinkoSolar will provide 2 local charities with solar power JinkoSolar has announced that it has donated 14 kW to RE-volv, a solar non-profit and member of the White House National Community Solar Partnership. This donation will provide 2 local charities with solar power. JinkoSolar’s donation significantly reduced RE-volv’s crowd-funding goal, allowing both […] Read more
CM Akhilesh Yadav to inaugurate 105 MW Solar Projects in Mahoba Updated On Wed, Dec 28th, 2016 by Saurenergy Akhilesh Yadav to inaugurate a solar project with 105 MW capacity in Mahoba. Uttar Pradesh Chief Minister Akhilesh Yadav will inaugurate 105 MW solar project in Mahoba during his day-long tour of Jhansi. Akhilesh was earlier expected to spend three consecutive days in Bundelkhand, campaigning for the Samajwadi Party during his Vikas Rath. However, due to the […] Read more
Sterling and Wilson secures 170 MW Solar Project in Morocco Updated On Tue, Dec 27th, 2016 by Saurenergy Global solar EPC firm Sterling and Wilson has signed an agreement with a consortium led by ACWA Power to construct a 170 MW photovoltaic (PV) facility in Morocco. The agreement was signed during a ceremony at COP 22 in Marrakech, the company said in a statement. “The NOOR PV I Program will consist of three […] Read more
Year-End Review – Ministry of Power Updated On Mon, Dec 26th, 2016 by Saurenergy In view of the growing need of the Indian Economy, Government of India has embarked upon a massive programme to provide 24×7 power across the country by 2019. After the completion of half of its term, the Government has achieved many important milestones in the Power sector. Special focus has also been given to North East by giving […] Read more
Rajasthan Government Exempts Electricity Duty for Rooftop Solar Updated On Mon, Dec 26th, 2016 by Saurenergy To further encourage the investments in renewable energy projects, the state government of Rajasthan has exempted electricity duty of 40 paise/unit for rooftop solar and captive units. The decision will help the state to reach closer to 2300 MW rooftop solar capacity by 2022, a target given to it by the Centre. The duty cut […] Read more
Etrion Completes Balance of Sale of Italian Solar Portfolio to EF Solare Italia Updated On Sat, Dec 24th, 2016 by Saurenergy Early this year in November Etrion Corporation signed definitive sale and purchase agreement with Ultor S.p.A, a joint venture owned equally by Enel Green Power S.p.A. and Fondo Italiano per le Infrastrutture. Now the company has announced that it has completed phase two of the previously disclosed sale of its Italian solar portfolio to EF […] Read more
