BayWa r.e. targets the South-East Asian market for expansion of its solar business Updated On Mon, May 30th, 2016 by Saurenergy BayWa r.e. targets the South-East Asian market for expansion of its solar business. The company will manage solar projects in Thailand, Philippines, Malaysia, Indonesia and other South-East Asian countries from its offices in Singapore and Bangkok. BayWa r.e. will also tap into the market potential of this region for the benefit of its photovoltaic trade […] Read more
MNRE to introduce a policy for solar zones in June Updated On Mon, May 30th, 2016 by Saurenergy Ministry of New and Renewable Energy is gearing up to introduce a policy on solar Zone in June this year. The Solar Zone would be spread over one or more districts of a state. Joint secretary of MNRE , Tarun Kapoor speaking to PTI said “We have been working on a new policy for solar […] Read more
JinkoSolar announces unaudited financial results for the Q1 2016 Updated On Sat, May 28th, 2016 by Saurenergy JinkoSolar Holding has announced its unaudited financial results for the first quarter ended March 31, 2016. In first quarter company’s total solar module shipments were 1,600 megawatts (“MW”), which includes 166 MW to be used in the Company’s downstream projects. Total solar module shipments decreased by 6.4% from 1,710 MW in the fourth quarter of 2015 […] Read more
Total, SunPower bags 164MW solar power plant project in Chile Updated On Fri, May 27th, 2016 by Saurenergy In less than a week Total and SunPower has bagged second large PV contract in Chile. Colbún S.A. has awarded a 15-year power purchase agreement to Total and SunPower for 500 gigawatt hours (GWh) of photovoltaic solar energy per year, with the construction of a 164MW solar power plant. “This contract is a further step […] Read more
Small Wind Solar Hybrid System to provide electricity to un-electrified areas: MNRE Updated On Thu, May 26th, 2016 by Saurenergy Ministry of New and Renewable Energy is implementing a programme to promote the installation of small wind solar hybrid systems. The objective of the programme is to provide electricity in unelectrified areas or areas with irregular electric supply. Under the programme, MNRE provides Central Financial Assistance (CFA) to community users for installation of such systems. […] Read more
JinkoSolar supplies 122 MW of Solar Modules to Pattern Energy for Conejo solar project in Chile Updated On Thu, May 26th, 2016 by Saurenergy JinkoSolar has announced that it has supplied 122 MW of solar modules to Pattern Energy Group for its Conejo solar project in Chile. Pattern Development, a US-based independent power producer, will also be the owner of this project. The Conejo project is one of the largest solar power projects in Chile and is expected to […] Read more
Researchers demonstrate STPVs that converts solar heat into usable electric power Updated On Tue, May 24th, 2016 by Saurenergy Researchers at MIT demonstrated a device based on a method that enables solar cells to break through a theoretically predicted ceiling on how much sunlight they can convert into electricity. A single-layer cell made of silicon is used for the vast majority of today’s solar panels — the upper limit of these cells is about […] Read more
Canadian Solar closes a USD 52 million project financing facility with BayernLB Updated On Tue, May 24th, 2016 by Saurenergy Canadian Solar announces that it has closed a £36.4 million (US$52 million) project financing facility with BayernLB to refinance a portfolio of four solar power plants, totaling 40.2 megawatts in the UK. This financing facility with BayernLB is non-recourse project finance, with a term of 17 years. “We are delighted to complete this project financing […] Read more
Vivint Solar closes a tax equity investment fund with new investor Updated On Tue, May 24th, 2016 by Saurenergy Vivint Solar closed a tax equity investment fund with a new investor, with an aggregate funding commitment of $75 million, which will enable the company to install more than 45 megawatts of residential solar energy systems. This is company’s first investment fund with this tax equity investor. The investment will enable Vivint Solar to design, […] Read more