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
DERC Approves PSA Between SECI and Tata Power-DDL For Sale of 50 MW Wind Power Updated On Fri, Mar 22nd, 2019 by Saurenergy The Delhi Electricity Regulatory Commission (DERC) has approved the Power Sale Agreement (PSA) between the Solar Energy Corporation of India (SECI) and Tata Power Delhi Distribution Limited (TPDDL) for the sale of 50 MW of wind power. The order was passed after TPDDL had petitioned the commission to approve the PSA and adopt a tariff […] Read more
723 GW of New Wind Capacity Expected in the Next Decade : WoodMac Updated On Fri, Mar 22nd, 2019 by Saurenergy Wood Mackenzie Power and Renewables ‘Global Wind Power Market Outlook Update: Q1 2019’ report predicts the additions of nearly 723 GW of new wind capacity in the decade leading up to 2028. According to the report, 50.2GW of new wind power was added globally in 2018, a 4% increase Year on Year (YoY) and the […] Read more
InfraCo Africa Signs $2.2 M Loan Agreements with Gigawatt Global Updated On Fri, Mar 22nd, 2019 by Saurenergy InfraCo Africa has signed $2.2 million convertible loan agreements with energy developer Gigawatt Global for the development of the Samburu Solar and Transmara Solar projects in Kenya. Each with a capacity of 10MWAC, the sister facilities will generate clean, reliable electricity in some of the poorest counties in the country. The financing committed by InfraCo Africa will […] 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
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
India, Maldives Exchange MoUs on Energy Efficiency Updated On Tue, Mar 19th, 2019 by Saurenergy India and Maldives have signed one agreement and two MoU, including collaboration in the field of energy efficiency and renewable energy, in the presence of Sushma Swaraj and her Maldivian counterpart Abdulla Shahid. India and Maldives signed an agreement on the exemption from visa requirement for holders of diplomatic and official passports, while, the MoUs exchanged focused on Indian Grant Assistance for the implementation of High Impact Community Development Projects […] Read more
