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
Indian solar industry to bring bankable investment opportunities at WFES 2107 in Abu Dhabi Updated On Wed, Oct 26th, 2016 by Saurenergy India’s top notch solar power enterprises will be showcasing an unprecedented range of investment opportunities at the World Future Energy Summit (WFES) 2017 in Abu Dhabi002E This also follows the Indian government’s plans to add an additional 175 GW of renewable energy to the nation’s electricity supply by 2022. Indian solar developers will bring bankable, […] Read more
The banking system in India is not well developed compared to other countries: Gautam Mediratta, Manager-BD, Rays Power Infra. Updated On Wed, Aug 31st, 2016 by Saurenergy RPIPL is one of the snowballing EPC Companies of India. The company leverages Consulting-Engineering-Contracting-Commissioning services with practicing expertise in the renewable power plant and transmission industry. Gautam Mediratta, Manager-BD, Rays Power Infra takes us inside the Industry’s temporal lobe. What is stopping us from building a Truly Massive solar power plant in India when this […] Read more
8minutenergy Secures $21 Million USD Letter of Credit Facility from Rabobank Updated On Fri, Jul 8th, 2016 by Saurenergy 8minutenergy Renewables has secured a $21 million USD letter of credit facility from Rabobank. The purpose of the credit facility is to enable 8minutenergy’s utility-scale solar development activities across North America, including supporting the execution of Power Purchase Agreements and Interconnection Agreements associated with projects in various stages of development. “We are thrilled to be […] Read more
SunEdison files voluntary petitions for reorganization under chapter 11 of the U.S Bankruptcy Code Updated On Fri, Apr 22nd, 2016 by Saurenergy SunEdison has announced that it has commenced a process to restructure its balance sheet and position the Company for the future. To facilitate this restructuring, SunEdison and certain of its domestic and international subsidiaries have filed voluntary petitions for reorganization under chapter 11 of the U.S. Bankruptcy Code in the Bankruptcy Court for the Southern District of New […] Read more
Over Rs. 71,200 crore sanctioned for Renewable Energy Sector by Banks & NBFCs since February, 2015 Updated On Mon, Apr 11th, 2016 by Saurenergy Banks & Non-Banking Financial Companies (NBFCs) have sanctioned over Rs. 71,201.54 crore to finance various renewable energy projects and disbursed Rs. 29,529.57 crore against the sanctioned amount since February 2015 till 21 March, 2016. During RE-INVEST 2015, 40 major Banks and Non-Banking Financial Companies (NBFCs) committed to provide debt funding to Renewable Energy Projects aggregating […] Read more
World’s Largest Solar Power Plant Operational in Morocco Updated On Thu, Feb 11th, 2016 by Saurenergy Reducing emissions by 76,000 tons a year and catering 1.1 million people with energy, the world’s largest solar power plant facility now flaunts in Morocco. Funded by the World Bank and other associates, the $9 billion Noor Concentrated Solar Power (CSP) plant is located in Souss-Massa-Drâa area in Morocco, about 6 miles from Ouarzazate town. […] Read more
IFC Invests $400Mn To Support Bajaj Finance Climate Fundraising Updated On Thu, Nov 7th, 2024 by Saurenergy The International Finance Corporation (IFC), the World Bank’s private sector focused entity that offers investment, advisory, and asset-management services recently partnered with NBFC Bajaj Finance Limited (BFL) to invest $400 million. This is part of a $1 billion fundraising initiative by BFL. BFL raised IFC’s $400 million loan to expand financing options for customers buying […] Read more
Ashish Khanna To Take Charge As 3rd DG at ISA Updated On Tue, Nov 5th, 2024 by Saurenergy The seventh session of the ISA Assembly in progress in New Delhi has selected Ashish Khanna from India as its third Director General. The other office candidates included Wisdom Ahiataku —Togobo from Ghana and Gosaye Mengistie Abayneh from Ethiopia. Khanna, currently working as the head of the World Bank’s west and Central Africa programme, will […] Read more
