India not doing enough to capture energy storage opportunity: Bridge to India Updated On Wed, Mar 15th, 2017 by Saurenergy India has barely woken up to the potential of electric vehicles or energy storage China is dominating the energy storage industry which has been so far led by Japanese and Korean manufacturers such as Panasonic, Samsung SDI and LG Chem said Bridge to India in a report. The country is using every trick like government […] Read more
World Bank Loan for Rewa Solar Power Project Updated On Wed, Mar 15th, 2017 by Saurenergy World Bank will provide 25% of the loan amount under its Clean Technology Fund to Rewa Solar Power Project at an interest rate of only 0.25%. The World Bank has agreed to provide loan to develop internal transmission arrangements for the upcoming Rewa Ultra Mega Solar Power Project in Madhya Pradesh. “The World Bank has […] Read more
Tata Power Solar Expands and Modernizes its Solar Module Manufacturing Facility Updated On Tue, Mar 14th, 2017 by Saurenergy The expansion and modernization of its manufacturing facility will increase solar module capacity by 100% and cell capacity by 65% to cater to increasing demand for high quality solar panels. Keeping up with Government of India’s progressive ‘Make in India’ plan of domestic production with enhanced efficiency of a solar cells and solar modules, Tata […] Read more
Canadian Solar Signs PPAs with SECI to Develop 80 MWac Solar Power Projects in Maharashtra Updated On Tue, Mar 14th, 2017 by Saurenergy Canadian Solar was awarded these solar power projects under a 450 MWac solar capacity tender in the state of Maharashtra, through a competitive auction process. Canadian Solar has announced that it has secured Power Purchase Agreements for an aggregate 80 MWac of solar power projects with the Solar Energy Corporation of India (SECI). Canadian Solar […] Read more
Engie Wins Nearly 78MW Solar PV Projects in France Updated On Tue, Mar 14th, 2017 by Saurenergy Engie through its subsidiaries has won the bid to install 78 MW of solar PV plant in France. ENGIE, through its subsidiaries ENGIE Green, La Compagnie du Vent, CNR and Solairedirect, ENGIE has won bidding organized by the French Energy Regulatory Commission (CRE) for 10 Solar PV projects representing 78 MW of installed capacity. With […] Read more
Fortum, Futurice developing a new concept for solar energy companies in developing countries Updated On Tue, Mar 14th, 2017 by Saurenergy The solution for solar energy companies will be developed in an open innovation process by combining the resources and know-how of Fortum and Futurice Fortum and software agency Futurice are working on a new kind of cooperation that combines their expertise in solar energy and software design. The aim of the cooperation is to create […] Read more
Trina Solar announces the completion of its merger with Red Viburnum Company Limited Updated On Tue, Mar 14th, 2017 by Saurenergy As a result of the merger, Trina Solar ceased to be a publicly traded company and became a wholly-owned subsidiary of Fortune Solar Holdings Limited. […] Read more
India to become world’s third largest solar market in 2017: Report Updated On Tue, Mar 14th, 2017 by Saurenergy “India still maintain strong demand for PV products, it has the potential to overtake Japan to become the world’s third largest solar market by taking at least 14% of the year’s total PV demand.” Taiwan based market researcher firm, EnergyTrend in its new report forecasts India to become the 3rd largest solar market in the […] Read more
Vivint Solar Extends Aggregation Credit Facility Updated On Tue, Mar 14th, 2017 by Saurenergy This revolving credit facility has provided debt capital to Vivint Solar for new residential solar customers and projects until the company has aggregated the contractual cash flows from those systems into pools that support long term debt facilities Vivint Solar has extended the term of the availability period for borrowing under its aggregation credit facility […] Read more