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
ReneSola Connects 10MW of Ground-mount Solar Projects to UK Grid Updated On Thu, Mar 30th, 2017 by Saurenergy ReneSola managed the design and construction of these ground-mount solar projects, and will provide ongoing operation and maintenance services until final acceptance. ReneSola has announced the completion and grid connection of two ground-mount projects in the United Kingdom. These projects have a combined capacity of approximately 10 MW. ReneSola managed the design and construction of […] Read more
Innovative Solar Systems selling over 7.5GW of premier, high return Solar Farm projects in US Updated On Mon, Mar 20th, 2017 by Saurenergy ISS currently has approximately one hundred fifty (150) projects for sale that total over 7.5GW’s of solar energy production Innovative Solar Systems (ISS) has announced the Sales Offering of over 7.5 Gigawatts (GW’s) of premier, high return Solar Farm projects here in United States. ISS has become the single largest developer of Utility Scale Solar […] Read more
57 Inter Regional Power Transmission projects worth Rs.7, 268 crores sanctioned under PSDF scheme: Piyush Goyal Updated On Sat, Mar 11th, 2017 by Saurenergy Presently the total transmission capacity of such inter regional links is 63650 MW (as on January, 2017) Union Minister of State for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal, recently in a written reply informed Lok Sabha that Inter Regional Transmission Corridors (IRTC) are planned and implemented for transfer of power from […] Read more
Schletter Group Remains on Growth Path in Caribbean, Completes Three Solar Projects in Dominican Republic Updated On Tue, Mar 7th, 2017 by Saurenergy Schletter installed three ground-mounted plants with a total capacity of more than 2.2 MWp. The largest solar power plant in the entire Caribbean region had been connected in collaboration with Schletter only a few months ago. The Schletter Group has announced that it has completed three solar projects in the Dominican Republic in collaboration with […] Read more