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
SunPower secures 27 out of the total 33 awards under France’s ZNI Tender Updated On Thu, Jul 7th, 2016 by Saurenergy SunPower has announced that it was selected to provide 39.1 megawatts of solar photovoltaic technology under the French government’s tender for supplying the country’s ZNI (non-interconnected zones) with renewable energy and storage. The company secured 27 out of the total of 33 awards, or 76 percent, under the tender program. As part of the tender […] Read more
SPI Energy signs non-binding framework agreement with GSR GO Scale Capital Updated On Tue, Jul 5th, 2016 by Saurenergy SPI Energy, a global provider of photovoltaic (PV) solutions has signed a non-binding framework agreement with private equity firm GSR GO Scale Capital Advisors for the issue of US$500 million convertible bonds by the Company. GSR GO Scale Capital will act as an investment advisor to bond holders in order to build the largest capacity […] Read more
Juwi, KPS partners on solar, battery and diesel hybrid system Updated On Sat, Jun 18th, 2016 by Saurenergy juwi Australia has entered into strategic partnership with KPS, a subsidiary of Pacific Energy Limited on hybrid system. The strategic alliance will focus on remote projects seeking to integrate solar and battery energy with traditional diesel or gas fueled power stations. It will bring together the capabilities, technology and resources of the two. KPS and […] Read more
Sunverge Energy names ABB software veteran Clinton Davis to lead product Updated On Fri, Jun 10th, 2016 by Saurenergy Sunverge Energy named ABB Software Veteran- Clinton Davis as its Senior Vice President of Product and Program Management. Davis will be responsible for continuing the rapid expansion of Sunverge’s hardware and software offerings .He also will direct the enhancement of the innovative services the company provides to electric utilities, retailers and solar installers to help […] Read more
SkyPower enters into an agreement with BYD to submit a joint bid for 750 MW Solar Power in India Updated On Sat, May 14th, 2016 by Saurenergy SkyPower has entered into an agreement with BYD to submit a joint bid in the upcoming tenders for solar power generation capacity and energy storage of up to 750 MW in India. The agreement was signed during the opening ceremony of the China-Canada Economic and Trade Cooperation Conference in the presence of Hu Chunhua, Party […] Read more
ENGIE acquires an 80 percent stake in Green Charge Networks Updated On Wed, May 11th, 2016 by Saurenergy ENGIE has acquired an 80 percent stake in leading battery storage company, the Green Charge Networks. Green Charge, utilizing its advanced patented software algorithms and analytics, deploys, owns, operates, and optimizes battery systems at commercial & industrial (C&I) and public sector customer sites in the US. Both the company did not reveal terms of the […] Read more
Enphase Energy’s Enphase AC Battery is now available in Australia and New Zealand Updated On Mon, May 9th, 2016 by Saurenergy Enphase Energy has announced that Enphase AC Battery is now available from authorized distributors and accepting orders from installers in Australia and New Zealand. The first global shipment is expected to arrive in Australia in August this year. Company’s partner network of over 1,000 installers located in the region will be the first in the […] Read more
Infineon introduces 1200 V Silicon Carbide MOSFET technology Updated On Thu, May 5th, 2016 by Saurenergy Infineon Technologies has introduced a 1200 V silicon carbide (SiC) MOSFET technology for exceptional efficiency and performance in power conversion. The company in a statement said its CoolSiC MOSFETs offer a new degree of flexibility for increasing efficiency and frequency and help developers of power conversion schemes to save space and weight, reduce cooling requirements, […] Read more
