Solar Projects: Yes Bank to Mobilise USD 1 Billion by 2023 for Clean Energy Updated On Thu, Jan 18th, 2018 by Saurenergy Yes Bank made at the the announcement at the International Solar Alliance (ISA) conference organised at World Future Energy Summit 2018 in Abu Dhabi. In a significant development, Yes Bank, India’s fifth largest private sector bank, said it will mobilise USD 1 billion by 2023 for financing solar energy projects in India. The announcement was […] Read more
Delta Electronics New Launches Modulon DPH 500kVA UPS Achieves World’s Highest Per-Rack Power Density Updated On Tue, Nov 14th, 2017 by Saurenergy Modular UPS systems have achieved the world’s highest per-rack power density while offering a range of benefits for mission critical applications. Global power supply maker and energy management solution provider, Delta Electronics, Inc. has announced the global launch of its 500kVA Modulon DPH series uninterruptible power supply (UPS). The double conversion UPS boasts the world’s […] Read more
Softbank Collaborates with Saudi Wealth Fund to Frame Solar Energy Plan Updated On Fri, Nov 3rd, 2017 by Saurenergy The energy plan will set out a new framework for developing Saudi Arabia’s solar sector, while the solar project will be executed by Saudi Electric Company (SEC) in which PIF has 74.3% stake. SoftBank has joined hands with Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF) to frame a ‘Solar Energy Plan 2030’ for […] Read more
State Bank of India Floats Fund for Solar Power Projects Updated On Tue, Oct 31st, 2017 by Saurenergy SBI has funded 43 rooftop solar power projects with the capacity of 475MW by availing line of credit from World Bank. State Bank of India has signed an agreement with seven companies for funding rooftop solar power projects. The seven companies include Adani Group, JSW Energy, Hinduja Renewables, Tata Renewables Energy, Azure Power, Cleantech Solar […] Read more
European Investment Bank Signs Partnership Pact with Solar Alliance Updated On Sat, Oct 7th, 2017 by Saurenergy This new agreement reflects shared commitment to successful implementation of the Paris Climate Agreement and ensuring that solar rich economies can harness solar power to increase supply of affordable clean energy. The European Investment Bank (EIB) has agreed on a new partnership with the International Solar Alliance to mobilise finance to develop and deploy affordable […] Read more
First Project of BRICS Development Bank Starts Operation Updated On Mon, Sep 4th, 2017 by Saurenergy The The New Development Bank approved its loans worth USD 811 million in April 2016. Four of the bank’s loan projects are in China. The first project funded by The New Development Bank, set up by India and other members of the BRICS grouping of emerging economies, has started operation in Shanghai. The USD 76 […] Read more
ICICI Bank commissions over 200 solar powered ATMs Updated On Tue, Jun 6th, 2017 by Saurenergy ICICI Bank on the occasion of World Environment Day said that it has reduced its overall energy consumption in large offices and branches and has commissioned over 200 solar powered ATMs ICICI Bank commissioned over 200 solar powered ATM sites in the last one year as part of its efforts to reduce carbon footprint and […] Read more
Gale causes huge damage to Kurnool Solar Park, Solar panels erected by Greenko & Softbank uprooted: Report Updated On Thu, May 11th, 2017 by Saurenergy Solar Park is touted as one of the largest solar project with 1,000 MW generation capacity at Gani-Shakunala in Kurnool district Strong wind and thunderstorm has reportedly caused huge damage to Kurnool Solar Park on Sunday night. The Solar Park is touted as one of the largest solar project with 1,000 MW generation capacity at […] Read more
European Investment Bank Sanctions EUR 200 Million for Indian Large-Scale Solar Power Projects Updated On Mon, Apr 3rd, 2017 by Saurenergy The State Bank of India gets EUR 200 Million long-term loan from European Investment Bank to fund five different solar power projects in Tamil Nadu and Telangana. The European Investment Bank has confirmed new support for solar power generation in India in partnership with the State Bank of India. The EUR 200 million (INR 1400 […] Read more
