EIB to Provide $11.75 Mn Loan for 34 MW Solar Project in Zambia Updated On Mon, Jun 25th, 2018 by Saurenergy Further, the Zambian project is promoted by Enel company and will also be supported by loans from the IFC, World Bank Group member, and IFC-Canada Climate Change Program. European Union lender, the European Investment Bank (EIB) has provided up to USD 11.75 million loan to support the 34 MW Ngonye solar power plant in Zambia. Further, the Zambian […] Read more
India Extends $20 Mn Concessional Financing for Solar Project in Suriname Updated On Thu, Jun 21st, 2018 by Saurenergy In addition, India will extend a line of credit of USD 27.5 million to support a power transmission project in Pikin Saron area, says President Kovind. In a move to provide clean energy to a cluster of 49 villages, President of India Ram Nath Kovind said that India will extend concessional financing of USD 20 million […] Read more
Renesola Sells North Carolina Solar Project to Greenbacker Updated On Wed, Jun 20th, 2018 by Saurenergy As per the deal, this project will sell all power generated to the local utility under a 15-year purchase agreement. Chinese solar company ReneSola has sold its utility-scale North Carolina project to New York-based Greenbacker Renewable Energy Company. This North Carolina solar project has a capacity of 6.75 MW and represents the Chinese company’s second project sale to Greenbacker, following […] Read more
Seraphim Wins Ukraine’s Largest 246 MW Solar Project Updated On Fri, Jun 15th, 2018 by Saurenergy This large-scale PV plant is to be constructed in Dnepropetrovsk in central Ukraine. Also, 246 MW of the company’s high-efficiency 330 W poly modules will be delivered to the project site before the end of August. Jiangsu Seraphim Solar System Co (Seraphim) has won the supply agreement for a monumental 246 MW Ukraine solar project, developed by Ukraine’s largest energy group, DTEK. […] Read more
GCL New Energy Inks PPA for 110 MW Solar Project in Colorado Updated On Fri, Jun 15th, 2018 by Saurenergy Further, this project is located on 611 acre site 35 miles east of Denver, Colorado where the land is flat and has good irradiance. Clean energy conglomerate GCL Group arm GCL New Energy has inked a long-term power purchase agreement (PPA) with Intermountain Rural Electric Association (IREA) for its Pioneer 110 MW greenfield project in Colorado. Further, this […] Read more
Suzlon Energy Posts Q4 Net Loss at Rs 470 Cr; 340 MW Solar Projects Commissioned Updated On Thu, May 31st, 2018 by Saurenergy There is traction across all new and emerging segments in the sector as evidenced in several positive policy actions for offshore, wind‐solar hybrid, repowering, captive, and feed‐in‐tariff for small projects upto 25 MW, says Tulsi Tanti. Solar & other renewable energy solutions provider Suzlon Energy reported its consolidated net loss at Rs 469.85 crore in […] Read more
Risen Energy Gets Financing from EBRD for 63MW Solar Project in Kazakhstan Updated On Sat, May 26th, 2018 by Saurenergy The construction of the greenfield 63 MW solar project will kick off in the month of September and is expected to be completed in June next year. Chinese solar panel maker Risen Energy has signed a mandate letter with the European Bank for Reconstruction and Development (EBRD) for financing the construction of a 63 MW solar […] Read more
O2 EMC, URE Complete Construction of Bedford Solar Farm Updated On Thu, May 24th, 2018 by Saurenergy The project was a 3MW AC (3.3MW DC) solar power system located on approximately 16 acres of land in Bedford, Virginia. Solar projects developer O2 EMC and EPC firm United Renewable Energy (URE) have completed the construction of the Bedford Solar Farm in Virginia. The project was a 3MW AC (3.3MW DC) solar power system located […] Read more
Conti Solar Kicks off Construction of Largest Landfill Solar Project in Ohio Updated On Wed, May 23rd, 2018 by Saurenergy After completion, the project will provide over 5,000,000 kilowatt hours of clean solar electricity to county-owned facilities annually. Solar EPC company Conti Solar has kicked off construction on the 4 MW largest landfill solar project in Ohio. The project is located in Cuyahoga County and is owned and operated by IGS Solar one of the largest independent […] Read more
