Sonnedix Announces Partnership and Acquisition of Controlling Interest in Cox Energy Chile SpA Updated On Wed, Oct 4th, 2017 by Saurenergy As a result of the acquisition, Sonnedix has secured a 20-year off-take commencing in 2022 and the option to acquire a 74 MW solar project that adds to its current development portfolio of more than 250 MW. Sonnedix has announced the acquisition of a controlling interest in Cox Energy Chile SpA and a strategic […] Read more
Digging Software for Solar Updated On Wed, Oct 4th, 2017 by Saurenergy Solar industry in India seems sound. The most undeniable facet of renewable especially solar is that it floats between both the operational and technology world. Simulation, monitoring, theft-control, system design are critical while yielding a successful solar story. Most importantly, project management solutions are evident for a solar project. Solar is also in the preface […] Read more
ADB $500 million funding soon for private sector infrastructure in Asia and Pacific Updated On Wed, Oct 4th, 2017 by Saurenergy ADB expects these initial projects will generate about USD 1.4 billion in total financing, including USD 264.5 million from ADB’s own capital and an additional USD 890 million from co-financing partners. Asian Development Bank (ADB) said it is actively processing USD 500 million (about Rs 3,275 crore) as debt and equity funding for private infrastructure […] Read more
Saudi Arabia opens bid for ‘utility scale’ 300 MW solar project Updated On Wed, Oct 4th, 2017 by Saurenergy “Today’s bid opening represents a significant milestone for the National Renewable Energy Programme, and an important step on the way to diversifying Saudi Arabia’s domestic energy mix and building a cutting edge domestic renewable energy sector” Saudi Arabia invited bids today for a “utility-scale” 300-megawatt solar project, a first for the world’s top oil exporter. […] Read more
Making Smart India Updated On Fri, Sep 29th, 2017 by Saurenergy It is believed that the most attractive and fastest growing cities in 2023 will be those that embrace the need to create sustainable intelligent communities where the citizens, administration and the government work together constructively to produce regional energy that can be either consumed or supplied to local networks, using local resources and consumed on […] Read more
Prominent Inverter Manufacturer Sineng Electric Exhibits its Products at REI 2017 Updated On Fri, Sep 29th, 2017 by Saurenergy Sineng Electric launched the EP-2500- HA-OD central inverter. With 1500V DC voltage, maximum efficiency of up to 99.02% and 2.5MW unit integrated design, the EP-2500- HA-OD helps reduce the initial investment cost and increases the income from power generation significantly. Leading global solar inverter manufacturer Sineng Electric presented its product line-up at the 2017 Renewable […] Read more
ADB Expands Clean Energy Project in India with AIIB Co-financing Updated On Thu, Sep 28th, 2017 by Saurenergy The ADB financing comprised a $500 million government-backed loan and a further $500 million in non-sovereign lending to India’s national transmission company, Power Grid Corporation of India Limited (POWERGRID). The Asian Development Bank (ADB) has agreed to finance additional power transmission network components with co-financing from the Asian Infrastructure Investment Bank (AIIB) that will connect […] Read more
Fate of Paris Climate Accord Updated On Wed, Sep 27th, 2017 by Saurenergy “WE’RE GETTING OUT.” These were the words that made headlines in the entire world, and were used specifically by the US President Donald Trump to signify America’s exist from the Paris Climate Agreement. The Republican Party Premier cited a number of negative statistics about the predicted economic impact from the climate deal, including a $3 […] Read more
JLM Energy announces $25-million project finance investment Updated On Wed, Sep 27th, 2017 by Saurenergy The investment was arranged by GoldenSet Capital Partners as subadvisor to the North Sky Alliance Fund II. CohnReznick Capital was the advisor to JLM Energy in this transaction. JLM Energy, a renewable energy technology company, has announced that it has secured $25 million to finance distributed energy storage projects for Commercial & Industrial (C&I) customers. […] Read more