MAHAGENCO Floats tender for 110 MW of solar power projects in the state Updated On Sat, Aug 19th, 2017 by Saurenergy The 60 MW grid Interactive Solar PV power plant will be developed at various locations of Tembhu, Tal. Karad, Dist. Satara to cater the load of Tembhu lift irrigation scheme on boot basis. Maharashtra State Power Generation Company (MAHAGENCO) has floated tendered for two (60 +50 MW) solar projects in the state. The 60 MW […] Read more
ReneSola and Nautilus Solar Acquires 13.3MW Community Solar Portfolio in Minnesota Updated On Wed, Aug 16th, 2017 by Saurenergy Now that Nautilus has finalized the transaction with ReneSola, the projects will be owned by an affiliate of Virgo Investment Group, which is also a minority shareholder of Nautilus Solar Energy. ReneSola and Nautilus Solar Energy has jointly announced Nautilus’s acquisition of an approximately 13.3 MW community solar portfolio previously developed by ReneSola. The community […] Read more
Alterra Power announces closing of $19.9 million construction loan facility for 11 MW Spartan solar project Updated On Wed, Aug 9th, 2017 by Saurenergy Alterra expects the Spartan project to achieve commercial operations in December 2017 Alterra Power Corp. has announced the closing of a $19.9 million construction loan facility for the Spartan solar project, an 11 MW solar project located on the Michigan State University campus in East Lansing, Michigan. The loan facility is supplied by 1st Source […] Read more
ContourGlobal Adds 20MW of Operating Solar Plants in Italy to European Solar Business Updated On Thu, Aug 3rd, 2017 by Saurenergy The acquisition further expands ContourGlobal’s Italian power business and leverages the company’s existing Italian thermal and renewable operating platform consisting of high efficiency QuadGeneration facilities. ContourGlobal has signed an agreement for the acquisition of a group of companies owning 20MW of operational solar photovoltaic (“PV”) plants in Italy from ErgyCapital S.p.A. The plants, located in […] Read more
Siemens and AES Join Forces to Create Fluence, a New Global Energy Storage Technology Company Updated On Tue, Jul 18th, 2017 by Saurenergy Combining the proven AES Advancion and Siemens Siestorage energy storage platforms with expanded services, Fluence will offer customers a wider variety of options to meet the challenges of a rapidly transforming energy landscape. Siemens and the AES Corporation has announced their agreement to form a new global energy storage technology and services company under the […] Read more
ReneSola announces grid connection of over 180 MW of solar rooftop projects in China Updated On Wed, Jul 5th, 2017 by Saurenergy ReneSola Connects 180 MW of Distributed Generation Projects in China ReneSola has announced the grid connection of over 180 MW of solar rooftop projects in China during the first half of 2017. Over 170 MW of the projects will supply power to the utility grid under the Feed-in-Tariff of RMB 0.98/kWh. Xianshou Li, Chairman and […] Read more
Swedish Court of Appeal Rules Against Fortum in Income Tax Case Updated On Sat, Jul 1st, 2017 by Saurenergy Fortum will book a tax cost of 1,175 MSEK (EUR 123 million) in the second quarter 2017 results. The booking will not have any cash flow effect for Fortum, as the additional taxes and interest have already been paid in 2016. The Court of Appeal in Stockholm, Sweden on 30 June 2017 ruled against Fortum […] Read more
JinkoSolar Signs Cooperation Agreement for 187 MW Solar PV Modules with Quantum Power in Japan Updated On Tue, Jun 13th, 2017 by Saurenergy JinkoSolar’s 187 MW solar PV modules will be delivered to three projects of Quantum Power in Japan located in Ibaraki, Gunma and Mie prefecture. JinkoSolar Holding Co., Ltd., a global leader in the solar PV industry has announced that its Japan subsidiary (Jinko Japan) has entered into an 187MW Cooperation Agreement with Quantum Power GK, […] Read more
Renewables are becoming the least cost option in India, Denmark, Egypt, Mexico, Peru and UAE Updated On Thu, Jun 8th, 2017 by Saurenergy The cost of renewables is well below equivalent costs for fossil fuel and nuclear generating capacity in India, Denmark, Egypt, Mexico, Peru and UAE Renewables are becoming the least cost option in India, Denmark, Egypt, Mexico, Peru and the United Arab Emirates, a global multi-stakeholder renewable energy policy network said on Wednesday. It said record […] Read more