Martifer Solar signs DA with Canadian Solar for a 63MW PV plant project in Mexico Updated On Mon, May 9th, 2016 by Saurenergy Martifer Solar and its JV MIRE partners have signed a Development Agreement with Canadian Solar for a 63MW solar power project in Aguascalientes, Mexico. The joint venture formed by Martifer Solar Sistemas Solares, S.A., Energía ECG, S.A.P.I de C.V. and Ithaca Environmental Ventures Limited to develop projects in Mexico. MIRE began the development of this […] Read more
GE signs contract with TSK to provide 220MW LV5 series 1,000-volt solar inverters Updated On Wed, May 4th, 2016 by Saurenergy GE’s Power Conversion business has signed a contract with TSK to provide 220-megawatt (MW) LV5 series 1,000-volt solar inverters and has established the possibility to expand the collaboration for future possible projects with the LV5 series solar inverters. Both the companies have been strategic partners in thermal power plant and wind businesses. With the new […] Read more
SECI asks World Bank to finance 50% of it solar projects Updated On Tue, May 3rd, 2016 by Saurenergy The Solar Energy Corporation of India (SECI) set up originally to help the growth of solar power in the country by holding auctions and promoting projects under the Jawaharlal Nehru National Solar Mission, is now going ahead with plans of developing a second suite of PV projects in India claims a report. According to ET […] Read more
Ecotricity announces that it has acquired SunEdison UK solar business Updated On Wed, Apr 27th, 2016 by Saurenergy Ecotricity has announced that it has acquired home rooftop solar business of SunEdison. Before exiting UK, SunEdison had built a portfolio of nearly a thousand rooftop solar installations, a product known as the Energy Saver Plan. Dale Vince, Ecotricity founder, in a statement said: “This is an exciting and important step for Ecotricity. As a […] Read more
Frisky plans of France to outfit the Renewable Goal Updated On Tue, Apr 26th, 2016 by Saurenergy France is taking strategic leads to spur its renewable energy goals and also sought commitments to be the first country to issue “green bonds” encouraging green energy. Recently, French President Francois Hollande has also asserted that that the country’s oldest nuclear power plant, Fessenheim which sits near the German and Swiss borders would be closed. Also at […] Read more
Fortum launches Nordic countries’ biggest electricity storage pilot project Updated On Fri, Apr 22nd, 2016 by Saurenergy Fortum has announced the launch of Nordic countries’ biggest electricity storage pilot project integrating Saft’s megawatt-scale Li-ion (lithium-ion) battery energy storage technology. The company in a statement said “the objective is to research the suitability of batteries used for storing electricity to maintain a power balance in the electricity system. Additionally, the research will explore […] Read more
Quercus and Swiss Life Asset Managers acquires Antin Solar Investments and its Solar Photovoltaic Asset Portfolio Updated On Tue, Apr 19th, 2016 by Saurenergy Quercus Assets Selection and Swiss Life Asset Managers have announced the successful completion of deal to acquire Antin Solar Investments (ASI) and its 77.1 MW Solar Photovoltaic Asset Portfolio in 50:50 joint ventures. ASI now operates as Azienda Solare Italiana Spa. Last year on December 18, the joint venture called Quercus Swiss Life Italian Solar […] Read more
Indian Banks edgy, as Solar Companies fails to deliver Updated On Thu, Apr 14th, 2016 by Saurenergy What could make Prime Minister Narendra Modi’s plans of capitalizing $100 billion of solar power from foreign investments edgy? Indeed, an In-Flow and Out-Flow leeway of Investment and Finance. The global renowned US Company, SunEdison standstill on at least $1.4 billion of loans and credit facilities, is seeking to sell as much as 1 gigawatt(GW) […] Read more
Fortum announces to invest EUR 200–400 million in solar projects in India Updated On Tue, Apr 12th, 2016 by Saurenergy Finnish utility firm Fortum on Tuesday announced to invest euros 200-400 million (Approx. Rs 15100-30200 crore) in solar power projects in India. Fortum in a statement said “the country offers one of the best solar resources and a sound government support for the development of the solar sector. The country provides a good platform for […] Read more
