ADB and LEAP Sign $18.7 Mn Loan Agreement For Financing 5MW Solar Plant in Mongolia Updated On Fri, Mar 22nd, 2019 by Saurenergy The loan agreement marks ADB’s first co-financing with LEAP in Mongolia’s renewable energy sector. The Asian Development Bank (ADB) and the Leading Asia’s Private Infrastructure Fund (LEAP) today signed an $18.7 million loan with Sermsang Power Corporation Public Company Limited (SSP) and Tenuun Gerel Construction LLC (TGC) to build, operate, and maintain a 15 MW […] Read more
West Bengal Issues Tender For 7 MW Solar Plant in Durgapur Updated On Fri, Mar 22nd, 2019 by Saurenergy The last date for bid submission is April 10, 2019. The West Bengal Renewable Energy Development Agency (WBREDA) has issued a tender for developing of a 7 MW grid-connected solar PV power plant on turnkey basis at Durgapur, West Bengal. The brief scope of work for selected bidders will include the design, engineering, manufacture/procurement, supply, […] Read more
CECEP Connects World’s Largest Floating Solar Plant in China Updated On Fri, Mar 22nd, 2019 by Saurenergy Chinese state-owned developer CECEP, in collaboration with French floating solar specialists Ciel & Terre, has connected its 70 MW floating solar power plant in Anhui, China to the grid after the project successfully cleared all tests and monitoring. Located on a former coal-mining area, in Yongqiao district, Suzhou city, the floating PV array will mainly […] Read more
SECI Re-Issues Notice For Selection of SPDs For 2 MW Solar Projects at Army Posts in J&K Updated On Fri, Mar 22nd, 2019 by Saurenergy The solar projects will be developed at the army post in Siachen and an army post in Partapur. The Solar Energy Corporation of India (SECI) has issued a notice for the third time, inviting online bids for setting up of 2 MW solar power plants in Jammu and Kashmir. The solar projects will be developed […] Read more
In a First: Solar Panels That Store Both Electricity and Heat Updated On Wed, Mar 20th, 2019 by Saurenergy Building-integrated PV cells that supply both heat and electricity have been developed at SINTEF’s solar cell lab in Trondheim. One answer to new energy demands of the world is to install building-integrated PV (BIPV) cells, either in the form of roof tiles or facade elements. However, the feasibility of this will require lower costs and […] Read more
Lakshmi Machine Works to Commission its First Solar Power Plant Updated On Wed, Mar 20th, 2019 by Saurenergy The 10 MW photovoltaic solar power generating facility will come up at Kondampatti in Coimbatore district. Coimbatore-based Lakshmi Machine Works has forayed into solar power generation, with its first facility to be inaugurated on March 24, 2019, in Tamil Nadu. The 10 MW photovoltaic solar power generating facility will come up at Kondampatti in Coimbatore […] Read more
China’s Ambitious Solar Power Space Project is a bet on the future Updated On Wed, Mar 20th, 2019 by Saurenergy China plans to have a solar power station orbiting the earth at 36,000 km, allowing it to tap the energy of the sun’s rays without interference from the atmosphere or loss of sunlight. According to Chinese media, the country is working on plans to build a solar farm in space. The project is hugely ambitious […] Read more
Atlas Renewable Energy Secures $152 Mn For Financing of 3 Solar Plants in Brazil Updated On Wed, Mar 20th, 2019 by Saurenergy The three projects are estimated to benefit around 470,000 families per year with clean, renewable energy and will avoid the emission of 108,000 tons of CO2 annually. Atlas Renewable Energy, a leader in clean energy in Latin America, announced the completion of long-term financing of three of its solar energy plants in Brazil for a total amount […] Read more
ADB Commits $50 Mn in Noida-Based Solar Power Developer Avaada Updated On Wed, Mar 20th, 2019 by Saurenergy The multi-lateral funding agency said the investment contributes to ADB’s goal to provide cumulative climate finance of $80 billion from 2019 to 2030. The Manila based Asian Development Bank (ADB) announced that it has inked an agreement to invest $50 million in solar energy project developer Avaada Energy Pvt Ltd to help the company scale up rapidly. The investment will […] Read more
