Alterra Power Announces Amendment of Power Purchase Agreement for Michigan Solar Project Updated On Fri, Dec 23rd, 2016 by Saurenergy Alterra Power and Inovateus Solar announces the execution of an amended and restated power purchase agreement under which Spartan PV 1, LLC is expected to sell power to the Board of Trustees of Michigan State University (“MSU”). Under the agreement, the Project, a 15.5MWDC (10.1MWAC) solar power plant to be located on carports on the […] Read more
sPower Connects its Largest Solar Project to the Grid Updated On Tue, Dec 20th, 2016 by Saurenergy sPower and the California Department of Water Resources (DWR) has announced commencement of commercial operations of the 107 megawatt (MWdc) Solverde 1 solar farm. The project is located in the City of Lancaster, Calif., in northern LA County. sPower installed more than 330,000 solar modules with a peak construction crew of 250 plus workers. The […] Read more
New Energy Solar Acquires Two large-scale solar projects of SunPower in California Updated On Mon, Dec 12th, 2016 by Saurenergy New Energy Solar has announced that it has acquired a substantial majority interest in two large-scale solar projects of SunPower in California, totaling over 134 megawatts (MW). SunPower will retain an ownership interest in the projects, which each having a capacity of 67.4 MWs, and provide ongoing operation and maintenance services. Stanford University has a […] Read more
sPower Inks 105 Megawatt 20-Year Solar PPA with MCE Updated On Fri, Dec 9th, 2016 by Saurenergy sPower has announced that it has been awarded a 20-year power purchase agreement (PPA) with MCE, a Community Choice Aggregation (CCA) program serving Marin County, Napa County and the cities of Benicia, El Cerrito, Lafayette, Richmond, San Pablo and Walnut Creek. The PPA is for 105MWac of photovoltaic solar power. The power will be generated […] Read more
Tata Power Solar rated ‘Tier I module manufacturer’ by BNEF Updated On Tue, Dec 6th, 2016 by Saurenergy Tata Power Solar has announced that it has been rated ‘Tier I module manufacturer’ by Bloomberg New Energy Finance (BNEF). The global tiering system evaluates various PV manufacturing companies globally, every quarter, based on different aspects and their bankability, to identify the top tier companies in the market across the world. BNEF rates a company […] Read more
Solar Accounts For 1% Of Total Power Generated In India In First Half Of FY 2016-17: Mercom Capital Updated On Mon, Dec 5th, 2016 by Saurenergy Marcom Capital in its latest report has revealed that solar energy accounts for almost 1% of total power generated in the country. 5,791.54 million Units of electricity produced in the country during the six-month period from April to September, 2016, the research firm quotes Central Electricity Authority (CEA) stated. The firm note that in the […] Read more
Marathon Capital Announces the Successful Closing of Empower Energies’ DG Solar Fund Updated On Thu, Dec 1st, 2016 by Saurenergy Marathon Capital is pleased to announce the successful closing of the Empower Energies, Inc. (“Empower” or the “Company”) Distributed Generation Fund (“DG Fund”) for commercial and industrial (“C&I”) photovoltaic solar projects originated and developed by Empower and its co-development partners. Marathon Capital served as the exclusive financial advisor and evaluated a variety of tailored, structuring […] Read more
Hindustan Power to invest Rs 17000 crore in Madhya Pradesh, focuses on solar Updated On Wed, Nov 30th, 2016 by Saurenergy Hindustan Power will invest Rs 17000 crore in Madhya Pradesh in the energy sector by 2020. This will account for half of the company’s investment plan across the country by that year. Apart from its 1200 MW thermal power plant in Anuppur district, Hindustan Power, formerly known as Moser Baer, has commissioned a 30 MW […] Read more
ReNew Power to install solar rooftop for Indian Railways Updated On Mon, Nov 28th, 2016 by Saurenergy After successfully securing the highest subsidy allocation from SECI for rooftop solar projects, ReNew Power Ventures has won bids for 5MW solar installations across various locations for the Indian Railways. India’s leading renewable energy development company will invest around Rs 35 crore in these projects which will supply energy to Railways through a 25-year power […] Read more