Boralex to Acquire Interests in 7 Solar Plants in the US Updated On Tue, Nov 24th, 2020 by Saurenergy Boralex Inc. (TSX: BLX) (“Boralex” or the “Corporation”) is pleased to announce that Boralex US Solar CIA LLC, a wholly owned subsidiary of the Corporation, has entered into binding agreements with Centaurus Renewable Energy LLC (“CRE”) and certain other investors to acquire their controlling interests in seven solar plants, located in the United States, for a […] Read more
Canadian Solar Signs a Total of 862 MW in Solar PPA in Brazil Updated On Tue, Nov 24th, 2020 by Saurenergy Canadian Solar has announced that it recently signed a PPA and awarded 2 projects for a total of 862 MWp in solar power projects in Brazil. Canadian Solar, one of the world’s largest solar power companies, announced that it recently signed a power purchase agreement (PPA) with BTG Pactual, and that it was awarded two projects […] Read more
IIT Madras Develops Solar-Powered Survey Craft for Indian Ports and Waterways Updated On Tue, Nov 24th, 2020 by Saurenergy Researchers at IIT Madras have developed a solar-powered unmanned autonomous survey craft for Indian ports and inland waterways. Researchers at the Indian Institute of Technology (IIT), Madras have developed a solar-powered unmanned autonomous survey craft for Indian ports and inland waterways. According to the team, the system can undertake autonomous hydrographic and oceanographic surveys and provide real-time […] Read more
Exide Increase Stake in Li-ion Battery JV With Leclanche to 80.15% Updated On Tue, Nov 24th, 2020 by Saurenergy Battery maker Exide Industries has increased its stake in its JV with Swiss firm Leclanche to 80.15 percent with a further investment of Rs 33.17 crore Battery maker Exide Industries has announced that it has increased its stake in its joint venture (JV) with Swiss firm Leclanche to 80.15 percent with a further investment of Rs 33.17 crore by way of […] Read more
Biotech Major Biocon Takes 26% Stake in Hinduja Renewables Two Updated On Tue, Nov 24th, 2020 by Saurenergy Bengaluru-based biotechnology major Biocon has entered into an agreement for the acquisition of a 26 percent equity stake in Hinduja Renewables Two. Bengaluru-based biotechnology major Biocon has announced that it has entered into an agreement on November 21, 2020, for the acquisition of a 26 percent equity stake on a fully diluted basis in Hinduja […] Read more
With Fresh Price Lows In Auctions, Are Solar Projects Awaiting PSA’s Truly Safe? Updated On Tue, Nov 24th, 2020 by Saurenergy In the last month and more, there have been multiple reports about the failure of the Solar Energy Corporation of India (SECI), a key nodal body that has been conducting utility scale solar auctions to sign PPA’s (Power purchase Agreement) with winning developers. SECI in turn blames it on the delay on the part of […] Read more
Solar Tariffs Drop to Record Low of Rs 2/kWh in SECI’s 1070 MW Tender Updated On Tue, Nov 24th, 2020 by Saurenergy The latest auction by SECI has seen solar power tariffs drop to a new record low of Rs 2 per kWh in the Indian solar segment. The latest auction by the Solar Energy Corporation of India (SECI) has seen solar tariffs drop to a new record low in the Indian solar segment. SECI’s auction for […] Read more
Solar Loans Securitisation. Loanpal Raises $400 Million In US Updated On Tue, Nov 24th, 2020 by Saurenergy Almost no infra sector can grow without access to finance, and this is as true of residential solar as anything else. If the Auto and housing sector exploded on the back of better access to finance, then the residential solar sector, at least in the US, seems to be going the same way. And now, […] Read more
Sonnen Introduces the sonnenCore, a new all-in-one, affordable home battery for every home Updated On Mon, Nov 23rd, 2020 by Saurenergy The first-of-its-kind, all-in-one sonnen home battery solution makes the company’s proven, long-lasting and safe home battery technology even more accessible to all energy storage customers. sonnen, a global market leader in smart residential energy storage and virtual power plants, today announced the launch of sonnenCore. The new compact, affordable, and fully sonnen-designed sonnenCore home battery […] Read more
