Solarpack Raises USD$104 Million in Financing for Solar Power Projects in Chile and India Updated On Tue, May 16th, 2017 by Saurenergy Six solar power projects in India has received $69 million through an Indian financial entity, while a group of Chilean banks has financed three of the Solarpack’s Chilean Small Means of Distributed Generation projects for $35 million. Solarpack has raised a total of USD$104 million for nine solar power projects in Chile and India. A […] Read more
EnSync Terminates Supply Agreement with SPI Solar Updated On Thu, May 11th, 2017 by Saurenergy Pursuant to the Supply Agreement EnSync agreed to sell and SPI agreed to purchase energy management system solutions for solar projects and related services EnSync Energy Systems has reported that due to the failure of SPI Solar Inc. to meet its purchase obligations under its supply agreement with the Company, the Company has terminated the […] Read more
Soltage and Basalt Announce 57 MW North Carolina Solar Power Project Portfolio Updated On Fri, May 5th, 2017 by Saurenergy Soltage and Basalt have announced 57MW solar power project portfolio in North Carolina under a $140 million equity capital partnership. Renewable Energy Company Soltage and Basalt Infrastructure Partners have announced that they have closed an investment in a nine-project, 57 MW solar power project portfolio across the state of North Carolina. This is the second […] Read more
Ellomay to Buy 300 MWp Spanish Solar Power Project Updated On Wed, May 3rd, 2017 by Saurenergy Ellomay has entered into a SPA, acquiring the Spanish firm behind the project, Talasol Solar’s 300 MW solar power project with purchase amount of EUR 10 million. Ellomay Capital Ltd., an emerging operator in the renewable energy and energy infrastructure sector has announced its entry, through one of the Company’s subsidiaries, into a share purchase […] Read more
Agreements Signed For 120 MW of Solar Power Projects in Nigeria Updated On Tue, May 2nd, 2017 by Saurenergy Afrinegia Nigeria Limited and CT Cosmos Nigeria Limited have inked an agreement for put/call option with the Ministry of Power Works and Housing for 120 MW of Solar Power Projects in Nigeria Two more solar project developers have signed financial risk agreements for utility-scale solar power projects in Nigeria, strengthening the country’s roadmap towards becoming […] Read more
Mumbai Metro One Private to Utilize Solar Panels to Meet its Power Needs Updated On Mon, May 1st, 2017 by Saurenergy The electricity generated from the solar panels will be utilized for operations of various Mumbai Metro stations equipment such as lighting, air-conditioning, lifts, escalators and pumps. From May onwards, Mumbai Metro One Private Ltd (MMOPL) will source 30% of its non-traction energy requirement through solar panels which have been installed at Andheri and Ghtatkopar Metro […] Read more
ADB Backs Sunseap to Build Cambodia’s First Large-Scale Solar Power Farm Updated On Mon, May 1st, 2017 by Saurenergy As part of the Cambodia’s First Large-Scale Solar Farm project, Sunseap entered into a 20-year solar power purchase agreement (PPA) with EDC. The Asian Development Bank (ADB) has backed Singapore’s Sunseap Group’s project to build Cambodia’s first large-scale solar power project under a long-term agreement with Electricité Du Cambodge (EDC). ADB’s Private Sector Operations Department […] Read more
Fotowatio Renewable Ventures Raises $29 Million from IFC to Fund 100 MW Solar Power Projects in Andhra Pradesh Updated On Sat, Apr 29th, 2017 by Saurenergy The Company is building two solar power projects of 50MW each in Andhra Pradesh. The cost of the project is estimated at $119 million which will be funded through a mix of 75 per cent debt and 25 per cent equity. Fotowatio Renewable Ventures (FRV) has raised $29 million (~Rs.1.86 billion) in non-convertible debentures (NCDs) […] Read more
Azure Power and Hareon Solar Forms Joint Venture to Develop 118 Mw Solar Power Project in Telangana Updated On Fri, Apr 28th, 2017 by Saurenergy Hareon Power Singapore Limited, the Singapore subsidiary of Hareon Solar will be collobarating with Azure Power to develop 118 MW solar power project in Telangana. Hareon Solar Technology Co., Ltd. will be partnering with Azure Power Global Limited to develop a 118 MW solar power project in India. Hareon will be investing through its Singapore […] Read more
