Cheap Finance Can Make Renewables Cost-Competitive Faster in Developing Countries Updated On Mon, Feb 25th, 2019 by Saurenergy A new report pinpoints how concessional finance can make wind, solar, and batteries cost-competitive faster in developing countries, accelerating the shift from fossil-fuelled power. Cut-rate financing has the potential to substantially speed the transition from fossil-fuelled power generation to renewable energy in developing countries, according to a new report produced by BloombergNEF (BNEF) and commissioned […] Read more
Bank of Baroda-KfW to Extend Funding of $113 Mn For Solar Projects in India Updated On Mon, Feb 25th, 2019 by Saurenergy The tie-up will be funding solar power projects as a part of the Solar Partnership II – Promotion of Solar PV in India scheme, under the Indo-German Solar Energy Partnership. Bank of Baroda has announced a partnership with Germany’s KfW Development Bank to extend funding of USD 113 million to refinance solar power projects in […] Read more
Maldives Steps Up Renewable Adoption With 5 MW Solar Tender Updated On Mon, Feb 25th, 2019 by Saurenergy The 5MW solar system will be developed under design, build, finance, own, operate, and transfer basis. The Government of the Republic of Maldives is implementing the “Accelerating Sustainable Private Investment in Renewable Energy (ASPIRE)” Project and has invited bids from investors for installation of 5MW Grid-connected Solar PV Power System in the Greater Malé Region […] Read more
Adani Green Energy Arm Awarded 150 MW Solar Tender in Gujarat Updated On Mon, Feb 25th, 2019 by Saurenergy The project is expected to be commissioned by October-December quarter of the 2020-21 financial year. Adani Green Energy in a recent regulatory filing has announced that its wholly-owned subsidiary Adani Renewable Energy Park (Gujarat) has been awarded a tender to set up 150 MW of solar power projects in the state of Gujarat. The project is expected […] Read more
OPIC Provides Initial Financing to $85 Mn Solar Energy Transformation Fund Updated On Mon, Feb 25th, 2019 by Saurenergy The fund supports businesses providing solar solutions to some of the millions of people in India and Sub-Saharan Africa who lack access to electricity. The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, has provided initial financing to SunFunder’s $85 million Solar Energy Transformation Fund which supports businesses providing solar solutions to […] Read more
DGTR Recommends Anti-Dumping Duty on EVA Sheets For Solar Modules Updated On Mon, Feb 25th, 2019 by Saurenergy The DGTR suggested that the purpose of anti-dumping duties is to eliminate injury caused to the domestic industry by the unfair trade practices of dumping and to re-establish open and fair competition in the Indian market. The Directorate General of Trade Remedies (DGTR) in its final findings notification on the matter of anti-dumping investigation concerning […] Read more
Tender For 2 MW Rooftop Solar Issued in Maharashtra Updated On Sat, Feb 23rd, 2019 by Saurenergy The last date of bid submission is February 26, 2019. The Public Works Department (PWD) of Amravati has issued a tender inviting bids for selection of developers to set up cumulative 2 MW of solar capacity rooftop projects at various places distributed in 12 electrical divisions and approximately 63 rest houses in different districts of […] Read more
MEDA Issues Tenders For 175 kW Rooftop Solar Plants in Nagpur Updated On Fri, Feb 22nd, 2019 by Saurenergy The last date of bid submissions is, March 07, 2019, for the 100 kW system, and February 27, 2019, for the 40 kW system and 35 kW system. The Maharashtra Energy Development Agency (MEDA) has issued three tenders for setting up of 175 kW of cumulative capacity rooftop solar PV power projects under rooftop net […] Read more
Sungrow Shipments to India Hits 3 GW Updated On Fri, Feb 22nd, 2019 by Saurenergy Sungrow has crossed the 3 GW mark for inverter shipments in India, and the company claims to have contracts signed and ready for the shipment of another 1 GW of inverters soon. Sungrow, one of the leading inverter solution supplier for renewables, recently announced that it has surpassed 3GW of inverter shipments, announcing it is accelerating […] Read more
