New Solar Power Program to Help Electrify Rural Communities in Afghanistan Updated On Thu, Feb 21st, 2019 by Saurenergy The initiative is designed to provide electricity to some of the nearly 20 million Afghans who are not connected to the national power grid. IFC, a member of the World Bank Group, has launched a pioneering program to supply small-scale solar power systems to homeowners across Afghanistan. The pilot program will see the introduction of […] Read more
Uzbekistan Issues Tender in Partnership with IFC for 100 MW Solar Project Updated On Tue, Feb 5th, 2019 by Saurenergy Based on the success of the implementation of the tender, the volume of the projects will be raised to 900 MW in consequent tenders. Uzbekenergo JSC, a government-owned power utility, has issued a request for selection (RfS) for 100 MW of grid-connected solar projects to be developed in Navoi region of the Republic of Uzbekistan. […] Read more
UAE’s Yellow Door Energy Raises $65 Million Updated On Wed, Jan 30th, 2019 by Saurenergy The investment comes from IFC, Mitsui, Equinor, APICORP and Adenium and will be used to expand distributed solar and energy efficiency solutions into new markets. Yellow Door Energy, a UAE-based leading solar developer, announced that it has raised $65 million in Series A financing to scale its investments in solar energy and energy efficiency solutions […] Read more
CleanMax Solar Conferred “Best Solar Power Turnkey Solutions” in India Updated On Wed, Jan 23rd, 2019 by Saurenergy CFI Magazine’s Clean Energy Award recognises the highest levels of achievement in energy and environmental sustainability. CleanMax Solar, one of India’s most trusted sustainability partner for corporates, was conferred the ‘Best Solar Power Turnkey Solutions – India 2018’ award by UK based Capital Finance International (CFI) Magazine. CleanMax Solar was recognised for its pioneering efforts […] Read more
Abu Dhabi’s Masdar Eyes Minority Stake in Hero Future Energies Updated On Tue, Jan 22nd, 2019 by Saurenergy Asian energy producers including Petronas of Malaysia, Masdar and Singapore’s Sembcorp are in separate discussions to acquire a minority stake in Hero Future Energies Abu Dhabi’s Masdar Clean Energy has thrown its hat into the ring for a minority stake in Hero Future Energies. It has entered into exclusive talks to acquire a 30-35% stake […] Read more
Oakridge Energy Raises Line of Credit for Residential Rooftop Solar Updated On Fri, Jan 4th, 2019 by Saurenergy Oakridge will use this money to offer payment plans to home owners who install solar rooftop plants with easy repayment options. One of North India’s leading residential rooftop solar companies, Oakridge Energy has raised the first line of credit from the Indian arm of Dutch social impact investor Oikocredit. The credit has been provided for […] Read more
100% Electrification in 25 States: RK Singh Updated On Thu, Jan 3rd, 2019 by Saurenergy Now, only about 10.48 Lakh households are left to be electrified in 4 States, Assam, Rajasthan, Meghalaya and Chhattisgarh. By the end of 2018, India has achieved 100% electrification in households in 25 states, The Minister of State for Power and New & Renewable Energy RK Singh said. Now, only about 10.48 Lakh households are […] Read more
EESL Inks Pact for Rs 500 Cr First Long-Term Rupee Loan Updated On Wed, Jan 2nd, 2019 by Saurenergy The Punjab National Bank (PNB)-issued funds will be utilized by the company towards funding its capital expenditure for its flagship programmes including Street Lighting National Programme, Smart Meter National Programme, Solar Substation, and E-Mobility project. Energy Efficiency Services Ltd (EESL), a joint venture of PSUs under the Union Ministry of Power, has raised its first […] Read more
Uttar Pradesh to be 100% Electrified by December 31 Updated On Mon, Dec 24th, 2018 by Saurenergy UP is among one of the states which still has a large chunk of the population yet to get an electricity connection under the Saubhagya scheme. Uttar Pradesh is all set to provide electricity to the entire population of the state, Uttar Pradesh power minister Srikant Sharma said. UP is among one of the states […] Read more
