IFC Lends $35 mn to Promote Green Projects in Costa Rica Updated On Tue, Jul 23rd, 2019 by Saurenergy IFC has signed a loan of US$ 35 million to incentivise the issuance of a green bond by Davivienda Costa Rica, the third largest private bank in Costa Rica The International Finance Corporation (IFC), a member of the World Bank Group, has signed a loan of US$ 35 million to support and incentivise the issuance […] Read more
IL&FS Gets Approval for Sale of Wind Assets to Orix Updated On Tue, Jul 23rd, 2019 by Saurenergy IL&FS has said it has received the necessary approval for the sale of its balance 51 percent of stake in seven wind energy subsidiaries to Orix Corporation The Infrastructure Leasing and Financial Services (IL&FS) has said it has received approval from NCLAT appointed Justice (Retd) D K Jain for the proposed sale of its balance 51 […] Read more
SECI Amends 2 GW Tender Under CPSU-II Scheme Updated On Fri, Jul 19th, 2019 by Saurenergy SECI has amended its RfS for setting up of 2 GW solar projects in India under the CPSU scheme phase-II for a second time. The Solar Energy Corporation of India (SECI) has amended its Request for Selection (RfS) for setting up of 2 GW grid-connected solar PV power projects in India (Tranche-I) under the CPSU […] Read more
Investments in RE Doubled Over Last 5 Years, Surpass Coal in 2018: Report Updated On Fri, Jul 19th, 2019 by Saurenergy According to a new report, investments in India’s renewable market doubled over the last five years. And at $20 billion in 2018, it surpassed coal. According to a new report, investments in India’s renewable energy market have doubled over the last five years. And at $20 billion in 2018, it surpassed the capital expenditure in […] Read more
BHEL Floats Tender for 2 Solar Projects Worth 69 MW in Telangana Updated On Fri, Jul 19th, 2019 by Saurenergy BHEL has issued a tender for setting up of two solar power projects worth a combined 69 MW in Telangana. Bharat Heavy Electricals Limited (BHEL) has issued a tender, seeking bids from eligible bidders for setting up of two solar PV power projects worth a combined 69 MW in the state of Telangana. The scope […] Read more
Captive Power Producers in Rajasthan Stand Together Against Duty Hike Updated On Fri, Jul 19th, 2019 by Saurenergy After the decision to hike electricity duty on captive power by 150%, representatives from energy-intensive sectors in Rajasthan are knocking on the doors of various government departments Rattled by the Rajasthan government’s decision to hike electricity duty on captive power by 150 percent, representatives from energy-intensive sectors like cement, textile, mining, etc have come together […] Read more
Government Agencies Should Continue to Show Desire for the Commenced Projects: Amruth Puttappa Updated On Thu, Jul 18th, 2019 by Saurenergy Recently, the Indian solar market bounced back from the sluggish year of 2018. With the climate agreement in place and an estimated global investment of $2.8 billion in Q1 2019, there is no doubt that there is a huge scope. We are going through a positive phase. All government bodies are working towards our ambitious […] Read more
Canadian Solar Awarded 51.1 MW Solar Project in Brazil Auction Updated On Thu, Jul 18th, 2019 by Saurenergy Canadian Solar has been awarded a 51.1 MW solar PV project in the Sixth Federal Energy Auction (A-4) held in Brazil. Canadian Solar, one of the world’s largest solar power companies, has announced that it has been awarded a 51.1 MW solar photovoltaic (PV) project in the Sixth Federal Energy Auction (A-4) held in Brazil […] Read more
Philippines Switches on its First Hybrid Floating Solar Project Updated On Tue, Jul 16th, 2019 by Saurenergy The first floating solar power project in the Philippines was recently switched on by Ocean Sun, a leading solar energy company based in Norway. The Philippines first 200 kW floating solar power project by Ocean Sun, a leading solar energy company based in Norway, was recently switched on. The joint project is part of the partnership between Ocean Sun […] Read more