ADB approves $390 million financing package for ReNew Power to develop renewable energy projects in India Updated On Wed, Jan 18th, 2017 by Saurenergy ReNew Power will utilize the fund to develop solar power projects with combined capacity of 398 megawatts (MW) in Jharkhand and Telangana Asian Development Bank (ADB) has approved a new $390 million financing package for ReNew Power to develop renewable energy projects in India. The financing will assist 7 special purpose vehicles owned by ReNew […] Read more
Amplus plans to Acquire Solar Power Firm Kiran Energy Updated On Wed, Jan 18th, 2017 by Saurenergy Amplus Energy, through investor I Squared Capital, plans to acquire Solar Power Firm Kiran Energy Amplus Energy Solutions Pvt. Ltd, which has offered to sell solar power at a record-low tariff, has evinced interest in acquiring Kiran Energy Solar Power Pvt. Ltd, as reported on Mint. Amplus, backed by US private equity (PE) firm I […] Read more
Solar Energy Can Add Value To Poverty Alleviation Efforts: Piyush Goyal Updated On Wed, Jan 18th, 2017 by Saurenergy Solar energy can help in poverty alleviation programmes as it can provide income to a large number of people having land but no income from it Power Minister Piyush Goyal at World Future Energy Summit 2017 in Abu Dhabi said Solar energy can help in poverty alleviation programmes as it can provide income to a […] Read more
Cherrytree Group Announces Solar Power Investment Fund Updated On Tue, Jan 17th, 2017 by Saurenergy Cherrytree teamed with Durham, New Hampshire developer Golden Goose Renewables to create the fund, which invested in three new utility-scale solar power facilities The closing of an individual investor tax credit fund dedicated to commercial solar power generation projects was announced by Cherrytree Group, a Newton, Massachusetts tax credit advisory firm. Cherrytree teamed with Durham, […] Read more
Four renewable energy projects in developing countries identified by ADFD and IRENA to receive $ 44.5 million funding Updated On Mon, Jan 16th, 2017 by Saurenergy ADFD’s funding will support a diverse set of renewable energy projects including a hybrid micro-grid project employing solar PV and advanced lithium-ion batteries, a hydropower project, integrated wind and solar, and a combination project consisting of micro-grid and solar home kits. Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (IRENA) has […] Read more
Solar Frontier’s CIS solar panels installed at Shell Service Station in Thailand Updated On Mon, Jan 16th, 2017 by Saurenergy Solar Frontier’s CIS thin-film solar panels are 21.76kW in size and are installed on two rooftops of the Shell service station in Chacheongsao province Solar Frontier has announced the installation of its CIS thin-film solar panels at a Shell service station in Thailand. The project was constructed by Energy Pro Corporation Ltd., a Thai solar […] Read more
Indian Army’s College of Military Engineering (CME) to tap solar power: Report Updated On Sat, Jan 14th, 2017 by Saurenergy The solar power project of Rs100 crore was sanctioned by the government in the last financial year. The Indian Army’s College of Military Engineering (CME) is reportedly planning to install solar power plant on its Dapodi campus in a bid to reduce its electricity bill — around Rs9 crore annually. CME authorities speaking to TOI […] Read more
FPL announces completion of three new universal solar energy centers Updated On Sat, Jan 14th, 2017 by Saurenergy FPL’s universal solar energy centers are virtually silent, operate autonomously and without water. Completed on time and under budget, the three new 74.5-MW universal solar power plants officially began generating power for all FPL customers on Dec. 31, 2016 Florida Power & Light Company (FPL) has announced that it plans to build on the successful […] Read more
India’s first solar power boat launched in Kochi Updated On Fri, Jan 13th, 2017 by Saurenergy Aaditya, India first ferry boat that runs on solar power launched in the 2.5-km Vaikom Tavanakkadavu sector. The country’s first solar ferry boat ‘Aaditya’ was launched in the 2.5-km Vaikom-Tavanakkadavu sector, even as the state government sought Central financial assistance to roll out 10 more such passenger boats as part of its aim to replace […] Read more
