Azure Power Ties up with Overseas Private Investment Corporation (OPIC) Updated On Tue, Oct 4th, 2016 by Saurenergy Azure Power has announced that it has partnered with U.S. Government’s development finance institution- Overseas Private Investment Corporation (OPIC) for long-term low-cost debt financing facility of USD 20 million for 15 years at a cost of capital of 4.74%. The company will utilize the load to construct 19 MW new solar rooftop projects across multiple […] Read more
IFC to invest up to USD 125 mn in Hero Future Energies Updated On Fri, Aug 26th, 2016 by Saurenergy International Finance Corporation (IFC) has announced to invest up to USD 125 million with IFC Global Infrastructure Fund in Hero Future Energies. The USD 125 million of equity and proceeds will be used to fund the construction of solar and wind power plant projects. Hero Future Energies Pvt Ltd plans to have a total installed […] Read more
Canada to set up large-scale solar power plant in Balochistan Updated On Mon, Jul 25th, 2016 by Saurenergy Canadian Government and Balochistan have signed an agreement to set up solar plants of 1,000MW in different parts of the province. According to local media reports the agreement was signed by Chief Secretary Saifullah Chattah provincial government under special power received through the Pakistan constitution. Under the agreement Canadian firm would establish 20 solar power […] Read more
Vivint Solar closes a tax equity investment fund with new investor Updated On Tue, May 24th, 2016 by Saurenergy Vivint Solar closed a tax equity investment fund with a new investor, with an aggregate funding commitment of $75 million, which will enable the company to install more than 45 megawatts of residential solar energy systems. This is company’s first investment fund with this tax equity investor. The investment will enable Vivint Solar to design, […] Read more
SolarCity Opens Fund of $249 Million in Solar Projects Updated On Sat, Feb 27th, 2016 by Saurenergy SolarCity announces its opening of a new tax equity fund of $249 million in solar projects. Whereas, the other financing partner name was not unveiled, though this investment is reported as the fourth solar project fund by the two partnering companies. After total consolidation, the fund is known to twofold in size making a total […] Read more
