Canadian Solar Arm Sells 134 MW Solar Plant to Goldman Sachs Updated On Sat, May 18th, 2019 by Saurenergy This transaction completes Recurrent Energy’s sale of equity stakes in the 973 MW portfolio of California solar projects that came online in 2016. Canadian Solar one of the world’s largest solar power companies, today announced its wholly owned subsidiary Recurrent Energy has sold its equity stake in the 134 MW Mustang solar project to the Renewable Power Group […] Read more
JinkoSolar Clinches Intersolar Award 2019 under PV Category Updated On Sat, May 18th, 2019 by Saurenergy Besides, the Chinese module maker also provides a linear 30 years of performance warranty to its customers. JinkoSolar Holding, one of the world’s largest and innovative solar module makers, has received the Intersolar Award 2019 for its Swan bifacial module having DuPont’s transparent backsheet, under the category of ‘Photovoltaics’ (PV). The company has won this […] Read more
JSW Energy Bounces Back in Black in Q4; Drops EV Biz Plan; to Focus on Power Biz Updated On Fri, May 17th, 2019 by Saurenergy The power generation arm of JSW Group has reported its consolidated net profit after tax (PAT) at Rs 5.79 crore in the January-March quarter of FY 19, against a net loss of Rs 480.05 crore during the same period previous year, led by higher revenues. On the back of prevailing higher uncertainties in the electric […] Read more
Canadian Solar Secures $50Mn Loan For International Project Pipeline Updated On Fri, May 17th, 2019 by Saurenergy Canadian Solar, one of the world’s largest solar power companies, recently announced the closing of a US$50 million term loan from Credit Suisse AG, Singapore Branch. The company issued in a statement that it intends to deploy the term loan to support the development of international solar project pipeline and for general corporate purposes. The U.S. dollar-denominated term loan […] Read more
CDPQ Invests in Lightsource BP For $194 MN Solar Financing Platform Updated On Wed, May 15th, 2019 by Saurenergy The facility will initially be used to finance a diversified portfolio composed of over 100 solar projects located across various countries and totalling more than 700 MW. Canadian institutional investor, Caisse de dépôt et placement du Québec (CDPQ) and Lightsource BP recently announced a debt investment of £150 million ($194 million) to finance a portfolio of solar assets […] Read more
Solar power, EVs Become Top Attractions in India Fund Fest Updated On Tue, May 14th, 2019 by Saurenergy The selection of these startups was made by an eminent jury and through a proprietary ‘Investor Readiness Report’ process, ensuring the companies are thoroughly vetted After two successful editions of India Fund Fest, the third edition amassed 25 Crores on its first day. The contestants of the India Fund Fest range from product designers or […] Read more
RenewSys India Launches Country’s First 6 BB Solar PV Cells Updated On Tue, May 14th, 2019 by Saurenergy The high-efficiency 6BB cells with these improved designs, increase the module power output. RenewSys, India’s first integrated manufacturer of solar PV modules and its components – Encapsulants, Backsheets and Solar PV Cells, is the first Indian company to launch the production of six Bus Bar (6BB) Solar Photovoltaic (PV) Cells and modules. The 6BB cells, […] Read more
CEL Issues Tender For O&M of 509 kW Solar Plant in Maharashtra Updated On Tue, May 14th, 2019 by Saurenergy The last date for bid submission is May 16, 2019 The Central Electronics Limited (CEL) has issued a tender, seeking bids from eligible bidders to take on the operation and maintenance (O&M) services of a 509.355 kW solar power plant installed at 33/11 kV MSEDCL substation in Nasik, Maharashtra. The bidder shall be responsible for […] Read more
Tata Power Inks Pact with MGL to Expand Footprints in e-mobility, Other Services Updated On Mon, May 13th, 2019 by Saurenergy This deal is the fourth major partnership of an electric utility company with an energy retailer to further expand its presence in the e-mobility space. In order to become future ready, utility giant Tata Power has entered into an agreement with one of the country’s leading city gas distribution companies, Mahanagar Gas Ltd (MGL), to […] Read more
