SolarCity raises USD 345 million from four partners to finance new solar projects Updated On Mon, Jul 18th, 2016 by Saurenergy SolarCity has raised $345 million in tax equity from four separate partners in June and July to finance new solar projects. The fund will cover capital cost of new equipment and installations and make it possible for customers to pay less for solar power than they for utility power. Beside the USD345 million in new […] Read more
UGE to Design and Develop 300 kW Solar Project in Kaladar, Ontario Updated On Fri, Jul 15th, 2016 by Saurenergy UGE International has secured a contract to design and develop a 300 kilowatt solar project near Kaladar, Ontario. The project will derive revenue through Ontario’s feed-in tariff FIT3 program and builds upon the relationship between UGE, Soventix Canada (“SCI”), and TREC SolarShare Co-operative, which will finance all construction activities and purchase the commissioned energy generating […] Read more
SECI invites bid for 2.5 MW Grid Connected Roof Top Solar project in Delhi Updated On Thu, Jul 14th, 2016 by Saurenergy As part of the Jawaharlal Nehru National Solar Mission, the Solar Energy Corporation of India (SECI) has issued a tender on behalf of SDMC for Implementation of 2.5MW Grid Connected Roof Top Solar PV System Scheme. Successful bidders have to carry out Design, Engineering, Manufacture, Supply, Storage, Civil work, Erection, Testing & Commissioning of the […] Read more
Etrion and Tamagawa signs a project finance to build a 9.5 MW utility-scale solar project in Japan Updated On Mon, Jul 11th, 2016 by Saurenergy Etrion Corporation and Tamagawa Holdings announced signing of the project finance and construction of the Aomori solar power project located in Misawa city in the Aomori prefecture of the Tohoku region in Japan. Aomori is a 9.5 MW utility-scale solar PV power plant to be built in Aomori Prefecture of Japan. Construction-related works are expected […] Read more
Hartek Power bags 330 Mw solar projects Updated On Thu, Jul 7th, 2016 by Saurenergy India’s fastest growing EPC Company Hartek Power has bagged substation orders for 330-Mw solar projects across the country in the Q1 of the current FY. The Chandigarh based company has set a target of executing EPC for 500-Mw solar power projects to the grid 2016-17. The 330-Mw solar EPC orders include 10 substation projects of up to 132 Kv spread across […] Read more
ReneSola Connects 26MW Solar Projects to UK Grid Updated On Tue, Jul 5th, 2016 by Saurenergy ReneSola has announced the completion and grid connection of six utility-scale projects in the United Kingdom. These projects have a combined capacity of approximately 26 MW. ReneSola managed the design and construction of these projects, and will provide ongoing operation and maintenance services until final acceptance. Powered by ReneSola’s Virtus II modules, the six projects […] Read more
OneRoof Energy to sell its 19.8MW solar project assets Updated On Tue, Jul 5th, 2016 by Saurenergy OneRoof Energy has announced that it has entered into definitive agreements with two different third parties to sell 19.8 MW of its solar project assets. The Transactions are expected to generate gross proceeds up to $61 million, with$19 million funded as of the date of this announcement, and $42 million expected to be funded in tranches through September of […] Read more
World Bank announces to provide more than $1 billion for India’s solar project Updated On Thu, Jun 30th, 2016 by Saurenergy The World Bank Group has signed an agreement with India led International Solar Alliance (ISA) to work together on increasing solar energy use around the world, with the goal of mobilizing $1 trillion in investments by 2030. The agreement was signed in the presence of Finance Minister Arun Jaitley, Power, Coal, New and Renewable Energy minister Piyush […] Read more
MNRE collaborates with KfW for floating solar projects in Maharashtra and Kerala Updated On Thu, Jun 30th, 2016 by Saurenergy Ministry of New and Renewable Energy (MNRE) in collaboration with Germany-based development bank KfW to set up two floating solar PV plants in the Maharashtra and Kerala. MNRE recently conducted a study to assess the potential of floating solar power in the country. Both the plants are estimated to cost around USD 46.15 million. “The KfW-funded […] Read more
