Promoters Help Sterling and Wilson Solar pay Rs 1000 cr in Outstanding Loans Updated On Mon, Jan 6th, 2020 by Saurenergy Sterling and Wilson Solar has reported that thanks to its promoters the company has paid Rs 1000 crore in dues of its outstanding loans. Sterling and Wilson Solar, the solar engineering and construction subsidiary of Shapoorji Pallonji Group, has reported that thanks to its promoters the company has paid Rs 1000 crore in dues of […] Read more
FAME II Scheme has Failed for Electric Two-Wheelers: SMEV Updated On Mon, Jan 6th, 2020 by Saurenergy Electric two-wheelers makers are learning to “live without government support” as the FAME II scheme has not met its objective, according to SMEV. Mass segment electric two-wheelers makers are learning to “live without government support” as the FAME II scheme to promote electric mobility has not met its objective, according to industry body SMEV. The […] Read more
Over 1.03 Crore Smart LED Street Lights Installed so far: EESL Updated On Mon, Jan 6th, 2020 by Saurenergy Over 1.03 crore smart LED street lights have been installed to date, which led to an estimated energy savings of 6.97 billion kWh per year, EESL has said. Over 1.03 crore smart LED street lights have been installed to date, which led to an estimated energy savings of 6.97 billion kWh per year, Energy Efficiency […] Read more
Solar Integrated Roofing Secures $2.7 Million in Financing Updated On Sat, Jan 4th, 2020 by Saurenergy Solar Integrated Roofing has announced that it has secured a USD 2.7 million financing in a non-dilutive structure to close two acquisitions. Solar Integrated Roofing Corporation, an integrated solar and roofing installation company specialising in commercial and residential properties with a focus on acquisitions of like companies to build a footprint nationally, has announced that […] Read more
Siemens Gamesa Reaches €1.72 bn in Green Guarantee Lines in 2019 Updated On Sat, Jan 4th, 2020 by Saurenergy Siemens Gamesa has announced that in less than a year, and aligned to its commitment to sustainability it has accumulated €1.72 billion in green guarantee lines Siemens Gamesa recently extended a guarantee line from Danske Bank to EUR 150 million from an initial EUR 100 million and included Sustainable Development Goals (SDG) criteria. Likewise, the […] Read more
India Extends $75 mn LOC to Cuba for Solar Projects Updated On Sat, Jan 4th, 2020 by Saurenergy India has extended a LOC of USD 75 million to Cuba for financing solar projects after the agreement between Exim Bank and Banco Exterior De Cuba came into effect. India has extended a line of credit (LOC) of USD 75 million (Rs 500 crore) to Cuba for financing solar projects. An agreement signed between Export-Import Bank of India (Exim Bank) […] Read more
Denmark Sets Record With Wind Meeting 47% of its Energy Demands Updated On Fri, Jan 3rd, 2020 by Saurenergy Denmark got half its power from wind and solar last year, wind alone accounted for 47 percent of Danish electricity demand in 2019, setting a new record. Denmark got half its power from wind and solar last year in what its grid operator hailed as an important milestone in its hugely ambitious energy transition push. […] Read more
OPDEnergy Begins Operation of 50 MW Solar Plant in Spain Updated On Fri, Jan 3rd, 2020 by Saurenergy OPDEnergy has announced the completion of construction work on its new solar PV plant Zafra, located in Alcalá de Guadaira (Seville), Spain OPDEnergy, a company specialising in the development, financing, construction, and operation of renewable assets, has announced the completion of construction work on its new solar PV plant Zafra, located in Alcalá de Guadaira […] Read more
Tender for 200 MW Wind Power Issued in Maharashtra Updated On Fri, Jan 3rd, 2020 by Saurenergy MSEDCL has issued an RfS for the procurement of 200 MW wind power on a long term basis from intra-state wind power projects in Maharashtra The Maharashtra Electricity Distribution Corporation (MSEDCL) has issued a Request for Selection (RfS) for the procurement of 200 MW wind power on a long term basis from intra-state wind power […] Read more