Canadian Solar Subsidiary Recurrent Energy Gets $50 Million LoC from Natixis Updated On Tue, Apr 2nd, 2019 by Saurenergy Canadian Solar today announced that its wholly-owned subsidiary Recurrent Energy, LLC has secured a $50 million letter of credit facility from global financial services company Natixis. The US-based firm Recurrent Energy, which is one of the leading utility-scale solar and energy storage project developer has secured a $50 million LoC facility from multinational financial services […] Read more
No Transmission Charges For Use of ISTS Network For Solar and Wind Projects : CERC Updated On Thu, Mar 28th, 2019 by Saurenergy CERC amends regulations for sharing of Inter-state Transmission Charges & Losses to levy no charges for use of the ISTS-Network for Solar and Wind projects. The Central Electricity Regulatory Commission (CERC) has issued an amendment for the Central Electricity Regulatory Commission (Sharing of Inter-State Transmission Charges & Losses) Regulations, 2010. According to the latest amendment, […] Read more
Interview with Mohua Mukherjee, Program Ambassador Pro-Bono, International Solar Alliance Updated On Wed, Mar 27th, 2019 by Saurenergy Next Generation Women will have Opportunities to Involve in Different Parts of Solar Value Chain Women of the next generation will have opportunities to be involved in many different parts of the solar value chain, including designing these new, energy-efficient solar gadgets or appliances, as well. We just need to start their familiarity with solar […] Read more
South Korea Unlikely to Meet 2030 Renewables Target : WoodMac Updated On Wed, Mar 27th, 2019 by Saurenergy South Korea is unlikely to meet its 2030 renewables target, according to consultancy firm Wood Mackenzie. According to the consultancy’s analysis, renewables will account for about 17% of the country’s power mix, a little shy of its original target. Shortly after Moon Jae-in took over the reins as President, the South Korean government unveiled its […] Read more
South Pacific’s Biggest Solar Plant to Help Tonga Meet Renewable Energy Target Updated On Fri, Mar 22nd, 2019 by Saurenergy Spread over three sites, the solar plant will be the second biggest in the Pacific and the second that TPL has established with an independent power producer. The largest solar plant in the south Pacific will be built in Tonga through the country’s second commercially financed public-private partnership (PPP) after an agreement was signed in […] Read more
Iberdrola Commences Work on $340 million Spanish Solar Plant Updated On Wed, Mar 20th, 2019 by Saurenergy Spanish utility Iberdrola has commenced work on a 500-megawatt (MW) solar photovoltaic power plant in Badajoz, Spain. It is its first PV project in Europe. The facility, Iberdrola’s first photovoltaic plant in Europe, will use 1.5 million panels spread across a 1,000-hectare site. The company will invest around 300 million (US$340 million) euros in its development. Iberdrola […] 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
Maharashtra Issues Tender For 184 MW Solar Projects for AG Feeders Updated On Wed, Mar 13th, 2019 by Saurenergy The last date for bid submission is April 16, 2019. The Maharashtra State Power Generation Company Limited (MAHAGENCO) has issued a tender inviting online bids for the development of 184 MW of grid-interactive solar PV power plants at various locations in the state. The successful bidder will also have to provide operations and maintenance (O&M) for 25 […] Read more
SunSource Energy to Set Up 70 MW Solar Plant in UP Updated On Thu, Mar 7th, 2019 by Saurenergy The project, once commissioned, will be one of the largest open access solar power projects in Uttar Pradesh. SunSource Energy on Wednesday said it will develop a 70 MW solar power project under the open access scheme in Uttar Pradesh. The power generated by the project will be sold to commercial and industrial customers through long-term Power Purchase […] Read more
