SECI asks World Bank to finance 50% of it solar projects Updated On Tue, May 3rd, 2016 by Saurenergy The Solar Energy Corporation of India (SECI) set up originally to help the growth of solar power in the country by holding auctions and promoting projects under the Jawaharlal Nehru National Solar Mission, is now going ahead with plans of developing a second suite of PV projects in India claims a report. According to ET […] Read more
A World Solar Bank and India’s Solar Ambitions. Updated On Tue, Jun 30th, 2020 by Saurenergy In the past week, talk of a World Solar Bank, midwifed by the International Solar Alliance (ISA), Prime Minister Modi’s biggest foreign policy initiative has picked pace again. The ISA, whose overarching mandate can be considered the raising of 1 trillion dollars to build, spread and sustain solar energy worldwide, with special attention to the […] Read more
World’s New Power Generation Banking on Sunshine Updated On Sat, Apr 7th, 2018 by Saurenergy The United Nations Environment report indicated that the solar energy has dominated global investment in new power generation like never before in 2017. The world installed a record 98 gigawatts of new solar capacity, far more than the net additions of any other technology – renewable, fossil fuel or nuclear. Climbing investment Solar power attracted […] Read more
Saudi Arabia, Softbank to Create World’s Largest Solar Power Project Updated On Wed, Mar 28th, 2018 by Saurenergy The projects are expected to create an estimated 100,000 jobs in Saudi Arabia and boost Saudi Arabia’s GDP by an estimated $40 billion annually. Saudi Crown Prince Mohammed bin Salman signed a Memorandum of Understanding with SoftBank CEO Masayoshi Son to create the world’s largest solar power generation company in Saudi Arabia. At a press […] Read more
Foxconn and SoftBank to Bring World’s Cheapest Solar Power in India Updated On Sat, May 13th, 2017 by Saurenergy SBG Cleantech Ltd., the clean-energy joint venture between Japan’s SoftBank Group Corp., India’s Bharti Enterprises Pvt. and Taiwan’s Foxconn Technology Group quoted 2.45 rupees to scoop up the 300 MW solar power project. Companies led by SoftBank Group Corp. of Japan and Taiwan’s Foxconn Technology Co. Ltd. are bringing India some of the cheapest solar […] Read more
The Top 5: Largest Commissioned Wind Farms in the World Updated On Wed, Nov 20th, 2024 by Saurenergy The global wind industry installed 10.8 GW of new offshore wind capacity in 2023. This increased the global total to 75.2 GW of capacities. This growth came despite macroeconomic challenges in key markets. The commissioning of several large-scale wind energy farms worldwide highlights the impact of increasing policy momentum, which is driving the expansion of […] Read more
Coming Soon: World’s Largest 16 Gwh Supercap Energy Storage Facility Updated On Tue, Sep 17th, 2024 by Saurenergy Dubai based supercap energy storage manufacturer Enercap Holdings and Abu Dhabi based Apex Investments PSC, a leading diversified investment holding company have formed a joint-venture to build 16GWh per year manufacturing capacity of supercap energy storage, a cutting-edge technology with features that surpass the current lithium-ion technology we commonly see. The joint venture is set […] Read more
REC Gets $200 Mn Loan From Deutsche Bank To Finance RE Projects Updated On Thu, Jul 11th, 2024 by Saurenergy REC recently secured a green loan of JPY 31.96 billion which is equivalent to $200 million to finance green projects in India. The green loan transaction was conducted by Deutsche Bank AG, through its GIFT City branch. For REC, the public financial institution, the facility is also positioned as one of the first JPY-denominated green […] Read more
Solis Strengthens Bankability Rank For Buyers Updated On Mon, Feb 5th, 2024 by Saurenergy In a key development Ginlong (Solis) has announced its notable position in the 2023 BloombergNEF (BNEF) Inverter Bankability Survey. The survey, engaging diverse industry stakeholders such as banks, solar engineering contractors, and technical advisers, sheds light on the solar inverter bankability landscape. Bankability rankings serve to reassure financial institutions backing solar projects on the quality […] Read more