Alterra Power acquires 20 MW solar portfolio from Inovateus Solar Updated On Thu, Jul 21st, 2016 by Saurenergy Alterra Power enters into an agreement with Inovateus Solar to acquire an 80% ownership interest in a two-project 20 MWDC portfolio of solar farms in the Midwestern United States. Both the solar projects are contracted under long-term, investment-grade power purchase agreements. Alterra is actively developing and arranging finance for its first project, a 7 MWDC […] Read more
Decline in the Prices of Chinese-made solar panels set to aid Indian solar Market Updated On Wed, Jul 20th, 2016 by Saurenergy The projected decline in the prices of Chinese-made solar panels could benefit the Indian solar developers, due to weakened demand in China and Japan and prolonged trade restrictions in the EU and the USA. The Tier-1 module prices are expected to go down to Rs. 27.50 (USD 0.41/EUR 0.37) per Wp for shipments in the […] Read more
Wave Solar partners with Mosaic Updated On Wed, Jul 20th, 2016 by Saurenergy Wave Solar, one of the leading marketing software company has partnered with Mosaic US’s largest provider of home solar loan. This partnership will provide Mosaic clients access to Wave Solar’s lead generation and qualification software. Mosaic also made an equity investment in Wave Solar to help build and launch a platform that reduces the cost […] Read more
Surat Municipal Corporation signs MoU with SECI to tap into solar power Updated On Tue, Jul 19th, 2016 by Saurenergy Surat Municipal Corporation (SMC) on Monday inked Memorandum of Understanding (MoU) with Solar Energy Corporation of India (SECI) to generate solar power from rooftop of the buildings. The MoU was signed by Surat Municipal Commissioner Milind Torwane and SECI managing director Ashvini Kumar. Under the MoU signed SECI will set up solar power plants on […] Read more
Import of solar cells, modules increases by more than three times in India Updated On Tue, Jul 19th, 2016 by Saurenergy Imports of solar cells and modules have increased by over three times from Rs 5,051 crore in 2014-15 to Rs 15,523 crore in 2015-16. The solar industry in India is certainly having good times as the installations soar and investment increases. Early this year in April the import of solar modules and cell stood at […] Read more
SolarCity raises USD 345 million from four partners to finance new solar projects Updated On Mon, Jul 18th, 2016 by Saurenergy SolarCity has raised $345 million in tax equity from four separate partners in June and July to finance new solar projects. The fund will cover capital cost of new equipment and installations and make it possible for customers to pay less for solar power than they for utility power. Beside the USD345 million in new […] Read more
American Reading Company and TerraSol completes 313kW high efficiency SunPower Helix Roof solar power system Updated On Mon, Jul 18th, 2016 by Saurenergy American Reading Company and SunPower commercial partner, TerraSol Energies has announced the completion of a 313-kilowatt high efficiency SunPower Helix Roof solar power system at American Reading’s warehouse in King of Prussia. The SunPower Helix Roof product launched last year is the company’s first fully-integrated rooftop solar solution for commercial customers. It is a pre-engineered, […] Read more
Indian Railways to install Solar panels in all railway buildings across the nation: Suresh Prabhu Updated On Mon, Jul 18th, 2016 by Saurenergy Railway Minister Suresh Prabhu on Sunday announced that the ministry is planning to install solar panels in all railways building across the country in near future. The solar plants would be set up at a cost of Rs. 8 crores and is expected to produce 14 lakh unit of power per year. The Minister earlier […] Read more
District Panchayat in Kasaragod, Kerela commissions 15KW solar plant Updated On Mon, Jul 18th, 2016 by Saurenergy The panchayat office in Kasargod district of Kerela commissioned a 15kW solar plant. This solar plant is expected to reduce the investment envisaged on setting up energy-saving projects. The solar panels installed by KELTRON at the office building at a cost of Rs.15.25 lakh, can supply 7-8 kW power to the Kerala State Electricity Board […] Read more
