IDFC Alternatives acquires three solar projects from Punj Lloyd Updated On Mon, Oct 24th, 2016 by Saurenergy The India infrastructure fund of IDFC Alternatives has bought three solar projects in Rajasthan and Punjab from Punj Lloyd Infrastructure as part of the company’s plan to set up a strong foothold in the renewable energy space through acquisitions — as much as 1 GW in a year or so. IDFC Alternatives signed the deal […] Read more
TrinaBEST showcases its new residential energy storage system at All Energy 2016 Updated On Fri, Oct 7th, 2016 by Saurenergy The energy storage spin-off from Chinese PV outfit Trina Solar, TrinaBEST has showcased its second generation Residential Energy Storage Solution at All-Energy Australia 2016, held in Melbourne. The event which has been influential to all forms of clean and renewable energy across Asia-Pacific region affords TrinaBEST the opportunity to introduce its new energy storage system […] Read more
Solar Energy Sector Has Immense Potential to Grow Within The Next Few Years: Hiten Parekh, Sr. Vice President at Waaree Energies Limited Updated On Wed, Aug 31st, 2016 by Saurenergy Founded in 1989, WAAREE Energies Ltd is a flagship company of Waaree Group. The company has poised as a pioneer in the global solar energy space. To bring on context, the company flaunts India’s largest solar PV module manufacturing capacity of 500 MW. Waaree Energies is a broad presence across the solar value chain providing […] Read more
AES to install and commission two energy storage arrays totaling 37.5 MW for SDG&E Updated On Fri, Aug 19th, 2016 by Saurenergy The subsidiary of AES Corporation, AES Energy Storage has entered into two contracts with San Diego Gas and Electric (SDG&E). AES will deploy 37.5 MW of Advancion Energy Storage Arrays at sites in San Diego County, California. The SDG&E-owned energy storage arrays will help to improve regional reliability and integrate greater amounts of renewable energy […] Read more
Vivint Solar Expands Solar Energy System Sales And Financing To Three of Its Existing States Updated On Wed, Aug 17th, 2016 by Saurenergy Vivint Solar has announced that it has made solar energy system purchases and financing available to homeowners in three of its existing states — Connecticut, Maryland and South Carolina. Vivint Solar’s financing relationships allow customers finance ownership of a residential solar energy system with no money down. The resulting low monthly financing payments are comparable […] Read more
Tesla wagers on renewable energy, to acquire SolarCity for $2.6 billion Updated On Mon, Aug 1st, 2016 by Saurenergy Elon Musk’s Tesla Motors Inc. has acquired solar panel installer SolarCity for USD 2.6 billion. Tesla to acquire SolarCity in an all-stock transaction, under the agreement SolarCity stockholders will receive 0.110 Tesla common shares per SolarCity share, valuing SolarCity common stock at $25.37 per share based on the 5-day volume weighted average price of Tesla […] Read more
ACME to sell 275MW of its operational solar assets to IDFC Alternatives: Report Updated On Thu, Jun 16th, 2016 by Saurenergy 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 […] Read more
Sunverge Energy inverters meet HECO’s new solar technology standards Updated On Wed, Apr 27th, 2016 by Saurenergy Sunverge Energy has announced that its Solar Integration System (SIS) equipped with Schneider XW6848 and XW5548 inverters meets Hawaii Electric Companies’ (HECO) strict technical specifications for solar installations. The Sunverge SIS units will help electric customers in Hawaii rapidly attain reliable power from their renewable generation and storage systems while earning maximum savings under HECO’s […] Read more
IDFC Alternative is in talks with Delhi-based ACME Solar to invest Rs.600 crore: Report Updated On Tue, Apr 12th, 2016 by Saurenergy IDFC Alternatives is in talks with Delhi-based ACME Solar to invest Rs.600 crore claims a report. Livemint citing sources reports that talks between the two companies are in an advanced stage and the deal is expected to close soon. ACME will pump the fund to complete its solar project that is still under development across various […] Read more
