Greenko to Raise $1 Billion Through Asia’s Largest Green Bond Updated On Tue, Jul 11th, 2017 by Saurenergy India’s leading clean energy company, Greenko will raise one of the largest greenbond sale to date by a company in Asia, up to $1.1billion via an offshore dollar issue. Less than a year after its last offering, India’s leading clean energy company, Greenko, is raising up to $1.1billion via an offshore dollar issue — the […] Read more
Tata Power Solar Commissions 3 MW Solar Power Plant at Noamundi Updated On Mon, Jul 10th, 2017 by Saurenergy The 3 MW Solar Power Plant is the first solar plant will help in reducing CO2 emission by about 3000 tonnes per annum. With due consideration towards Tata Steel’s initiatives towards reducing carbon footprint, a 3 MW Solar PV Power Plant has been commissioned at Noamundi. This is the 1st Solar Power Plant in any […] Read more
Kochi Metro System to Get 25 Percent of its Power from Rooftop Solar Updated On Mon, Jul 10th, 2017 by Saurenergy The cumulative capacity of rooftop solar power systems will be 4 megawatts and are likely to be partially operational by October this year. Kochi Metro, recently launched in the Indian state of Kerala, will get a quarter of its total electric supply from rooftop solar power systems. This makes the Kochi Metro project unique as […] Read more
IFC Invests Rs 667 Crore in L&T Infrastructure for Solar Power Projects Updated On Fri, Jul 7th, 2017 by Saurenergy L&T Infrastructure Finance Co will use the fund to provide loan to solar power projects across India. The World Bank’s private financing arm IFC has invested Rs 667 crore ($103 million) in L&T Infrastructure Finance Co by subscribing to the first official Green Bonds in India, as stated in a joint statement by both the […] Read more
US Solar Bags Project Financing Facility from Alliance Fund II for PV projects in Minnesota Updated On Tue, Jun 27th, 2017 by Saurenergy US Solar will use this capital secured from Alliance Fund II to support the development of its 100+ MW solar portfolio, with an initial focus on the Minnesota community solar market. United States Solar Corporation (“US Solar”) has secured a project financing facility from the Alliance Fund II, an affiliate of North Sky Capital which […] Read more
Sterling and Wilson Scales New Heights; Gets Awarded the World’s Largest Solar Power Plant Updated On Tue, Jun 20th, 2017 by Saurenergy The solar power plant is jointly developed by Marubeni, a Japanese integrated trading and investment giant, along with Jinko, a global leader in the solar industry, and Abu Dhabi Water and Electricity Authority (ADWEA). Sterling and Wilson, one of the dominant global forces in the solar power space, has bagged Turnkey Engineering Procurement and Construction […] Read more
EBRD Invests in Second Solar Park in Kazakhstan Updated On Tue, Jun 13th, 2017 by Saurenergy The EBRD’s investment in the southern Zhambyl region follows Burnoye Solar Park -1, the award-winning first utility-scale renewable energy project in Kazakhstan under the new legislation which enabled private investment in the sector. The European Bank for Reconstruction and Development is financing the 50 MW Burnoye Solar Park-2 project in Kazakhstan in partnership with the […] Read more
NIIF Ready to Provide Last Mile Funding to Stressed Projects Updated On Tue, Jun 13th, 2017 by Saurenergy The government will set up two sub-funds under the NIIF -one in clean energy fund, which will primarily focus on renewable energy and another with focus on highway projects. The National Investment and Infrastructure Fund (NIIF) is ready to provide last mile funding to stressed projects funded by banks. The issue of funding from NIIF […] Read more
United States solar market adds 2,044 megawatts of new capacity in the Q1 of 2017 Updated On Thu, Jun 8th, 2017 by Saurenergy “Solar is delivering more clean energy, adding jobs 17 times faster than the United States economy and creating tens of billions of dollars in investment. With its cost-competitiveness, we know solar will continue to play a growing role in America’s energy portfolio.” The U.S. solar market has added more than 2GW (2,044 megawatts) of new capacity […] Read more
