Solar Business

Canadian Solar sells solar power projects to Create Technology & Science in China

Canadian Solar announced that its wholly-owned subsidiary, CSI Solar Power (China) Inc. has entered into a project sale agreement, pursuant to which, Create Technology & Science has agreed to purchase Canadian Solar’s operating solar power projects in Funing County, Jiangsu Province, China for approximately USD 32.8 million). The project sale agreement will become effective after […]

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Fortum signs EUR 1,750 million syndicated Multicurrency Revolving Facility Agreement

Fortum Corporation has signed a EUR 1. 75 billion syndicated Multicurrency Revolving Facility Agreement. The company will use the committed facility for general corporate purposes and replaces the existing credit facility signed in July 2011. The facility has an initial maturity of five years and Fortum may request two one-year extension options. The company in […]

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ACME to sell 275MW of its operational solar assets to IDFC Alternatives: Report

IDFC Alternatives is reportedly gearing up to buy 275 megawatts (MW) of operational solar assets from ACME Solar. Livemint citing sources reports that the deal between the two companies will likely close in stages as “IDFC will need separate approvals from the lenders of the various assets and other approvals as per the power purchase […]

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Havells India forays into solar business

Havells India on Monday in a filing with the BSE informed that the Company is launching solar solutions including Solar power generating systems, Home lighting kits, Solar Pumps, Solar street lights etc. The company will start rolling out the solar products pan India in phases, starting from month itself. However, Havells did not reveal exact […]

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Sunverge Energy names ABB software veteran Clinton Davis to lead product

Sunverge Energy named ABB Software Veteran- Clinton Davis as its Senior Vice President of Product and Program Management. Davis will be responsible for continuing the rapid expansion of Sunverge’s hardware and software offerings .He also will direct the enhancement of the innovative services the company provides to electric utilities, retailers and solar installers to help […]

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BayWa r.e. targets the South-East Asian market for expansion of its solar business

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 […]

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Vivint Solar closes a tax equity investment fund with new investor

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, […]

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Solar Business Is Very Viable and Green: Kartik Sachdev, Marketing Head Solar- Su-Kam

Kartik Sachdev, Marketing Head Solar- Su-Kam talking to Saurenergy shared insight on solar Industry in India. He said the solar business is very green and economically viable, it is getting very good response in the country. Sachdev said solar has very beautiful application in rural India where there is no electricity, in those areas solar […]

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