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
NEXTracker Delivers Advanced Single Axis Trackers to the Largest Solar Power Project in Western Hemisphere Updated On Wed, May 3rd, 2017 by Saurenergy NEXTracker has shipped over 200 MW of its Advanced Single Axis Trackers to the solar power project site in Western Hemisphere. NEXTracker has announced that it has started supplying its advanced single axis trackers to the largest solar power plant in the Western Hemisphere. This grid-connected project of over 750 MW will deliver energy to […] Read more
APGENCO Tenders 100 MW of Solar Power Project at Ananthapuramu-II Solar Park at Talaricheruvu Updated On Wed, May 3rd, 2017 by Saurenergy The 100 MW of Solar Power Project has been estimated at Rs.4.45 billion and the project completion timeframe is 15 months from date of issue of letter of intent. The Andhra Pradesh Power Generation Corporation (APGENCO) has tendered a 100 MW solar power project at the Ananthapuramu-II solar park in Talaricheruvu, Andhra Pradesh. The bid-submission […] 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
Central Electronics Limited Tenders 3.22 MW of Rooftop Solar Power Project for Northern Railways Updated On Fri, Apr 28th, 2017 by Saurenergy The 3.22 MW rooftop solar power project will be developed under the RESCO model and the project completion timeframe is nine months. Central Electronics Limited (CEL) tendered 3.22 MW of grid-connected rooftop solar to be installed at railway workshops under Northern Railway across Indian states. The bid-submission deadline is May 26, 2017. The CEL stated, […] 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
India’s solar capacity addition to remain strong (7-7.5 GW) in FY 2018 backed by project pipeline: ICRA Updated On Wed, Apr 26th, 2017 by Saurenergy India’s wind power capacity addition in the current fiscal will depend on bidding plans of utilities, while that of solar power will remain strong at 7- 7.5 GW, credit rating firm Icra said today. The renewable energy (RE) sector reported a record capacity addition of over 11 GW in FY2017, an increase of around 60% […] Read more