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
Alta Energy Hires Solar Veteran Mark Bettis as Vice President of Sales Updated On Sat, Jul 30th, 2016 by Saurenergy Alta Energy, solar analytics and Procurement Company has hired Mark Bettis to serve as Vice President of Sales. Alta Energy enables commercial enterprises, property owners and agricultural companies to make clear, rational decisions about where, when and how to deploy renewable energy profitably. Prior to joining Alta Energy, Bettis served as Vice President of Sales […] Read more
Uganda Debuts Solar-Powered Bus Updated On Thu, Jul 28th, 2016 by Saurenergy Kiira Motors‘s solar-powered bus has made a public debut in Uganda. Recently the company showcased the solar powered bus named Kayoola at Uganda’s capital. The bus has 35 seats and is the first public bus in Africa to be powered by the Sun. According to the chief engineer of the project, Mairo Obuwa, engines of […] Read more
Bras Solar to open solar panel factory in Brazil Updated On Thu, Jul 28th, 2016 by Saurenergy China based Bras Solar has announced that it will open a solar panel factory in Rio Grande do Norte, Brazil. Construction is expected to start this year and the facility is expected to have an initial revenue of USD 61mper year, it will be up and running by 2017. The company aims to reach revenue […] Read more
Solar Power Tariffs expected to drop to as low as INR 3.50 a unit in 3 years Updated On Tue, Jul 26th, 2016 by Saurenergy Solar power tariffs in India, which fell below Rs. 5 per unit since last November, are once again expected to sink further as the industry doubles volumes every year and the cost of producing power continues to drop. A report published in the Mint mentions that that tariffs will fall to as low as 3.5 […] Read more
China installed 20GW of solar PV in first half of 2016, three times higher from 2015 Updated On Sat, Jul 23rd, 2016 by Saurenergy China’s solar surge has accelerated drastically in the first half (H1) of this year, with reports stating that the country added 20 GW of new PV capacity in the six months to June 30, which is times as much as during the same period a year ago. Wang Bohua, General Secretary of the China Photovoltaic […] Read more
PM Narendra Modi invites India’s top fossil fuel ventures to contribute in solar Updated On Fri, Jul 22nd, 2016 by Saurenergy India’s topmost energy corporations are moving beyond their roots in fossil fuels to plough money into renewables, supporting the idea of Prime Minister Narendra Modi’s goal to expand the growth of alternatives to the most polluting forms of energy. According to the reports of state agency responsible for implementing energy policy, one of the prominent […] Read more
New Studies exhibits the True Costs of Fossil Fuels & Value of Solar Photovoltaics Updated On Wed, Jul 20th, 2016 by Saurenergy Two new studies published in Review Journal (MRS E and S) MRS Energy and Sustainability, by Carol Olson and Frank Lenzmann emphasizes the true economic, social and environmental benefits of solar PV compared to fossil fuels, in regards to the supply chain of all relevant fuels. In their new studies, Authors Carol Olson and Frank […] Read more
Canadian Solar launches new T4 Field-Installable PV Connector Updated On Wed, Jul 20th, 2016 by Saurenergy Canadian Solar has introduced the new T4 Field-Installable PV Connector in the North American market. The T4 PV Connector is a field-installable PV connector manufactured by a subsidiary of Canadian Solar, TLIAN. The connector has been in production since May 2015 and 12 million connectors have already been deployed in field installations said the company […] Read more
