SBI to Finance Rs 400 crore for 100 MW of Rooftop Solar Power Projects Updated On Sat, Jun 3rd, 2017 by Saurenergy With the World Bank-funded capacity development program, the SBI aims to expand and incentivize the market for rooftop solar power projects by way of low cost financing. The State Bank of India has announced its decision to finance 100 MW Solar Power Project worth Rs 400 crore. To this regard, the SBI has secured a […] Read more
SunPower to Supply 64 Megawatts in First Round of French’s Tender Process for Rooftop Solar Projects Updated On Thu, Jun 1st, 2017 by Saurenergy In March this year, SunPower announced that it was the leading solar panel provider in the first round of France’s tender process for large-scale solar power project SunPower has announced that in the first round of France’s tender process for rooftop solar projects, the company will supply 64MW of its high efficiency SunPower E-Series solar […] Read more
ISA countries support commissioning of a Study on CRMM for Solar Power Generation Projects in Solar Resource Rich Countries Updated On Sat, May 20th, 2017 by Saurenergy The proposed CRMM will offer a simple and affordable tool that will create a secure environment for private institutional investment in solar assets. Argentina, Burkina-Faso, Chad, France, India, Ivory Coast, Mali, Namibia, Niger, Nigeria, Sénégal, Uganda and Yemen have jointly supported commissioning of a study to define and structure a Common Risk Mitigation Mechanism (CRMM) […] Read more
International Finance Corporation to Invest 40 Million Dollars in Tata Cleantech Capital to Promote Renewable Energy Projects Updated On Wed, May 17th, 2017 by Saurenergy World Bank’s private-sector arm will use the money raised through green bonds to financing environment-friendly Renewable Energy Projects. International Finance Corporation is planning to invest up to $40 million in Tata Cleantech Capital Ltd’s (TCCL) green bond issue to help the company expand long-term environment-friendly infrastructure funding. The money raised through green bonds will be […] Read more
Canadian Solar Secures AUD65 Million Project Financing for its 47MWp Solar Power Projects in Australia Updated On Tue, May 2nd, 2017 by Saurenergy The 17MW Longreach 30MW Oakey solar power projects in Queensland, Australia are both scheduled to commence construction in May 2017 and reach commercial operation in early 2018. Canadian Solar, one of the world’s largest solar power companies, today announced that it has secured AUD65 million (US$50 million) of non-recourse project financing with a 5-year term […] 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
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
Dominican Republic to Commission 361 MW Renewable Energy Projects by 2018 Updated On Fri, Apr 7th, 2017 by Saurenergy The announced renewable energy projects will be completed with an investment of US$780 million, which would include three solar and five wind farms. The Dominican Corporation of State Electric Companies has announced that the company has begun the work on eight renewable-energy projects that will provide 361.2MW of new generation capacity to the country’s grid […] Read more
WEG Secures Two Solar EPC Job for 62 MWp Solar Power Projects in Brazil Updated On Wed, Apr 5th, 2017 by Saurenergy WEG has acquired EPC contract for two solar power projects called Coremas I and Coremas II in Brazil. WEG SA announced the signing of EPC (engineering, procurement and construction) supply contracts for the photovoltaic solar power complexes Coremas I and II. The contracts provide for the construction of two solar power plants of 31.12 MWp […] Read more
