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
SimpliPhi Energy Storage to be featured at Intersolar Solar Winery and Microgrid Tour Updated On Thu, Jul 6th, 2017 by Saurenergy The AccESS and full line of SimpliPhi non-toxic energy storage solutions will be in the SimpliPhi Booth #8031 at Intersolar North America, held at the San Francisco Moscone Center from July 11-13, 2017. SimpliPhi Power’s non-toxic energy storage technology is operational at the Stone Edge Farm Microgrid project, which is part of the official Intersolar […] Read more
Morocco Secures USD 25 Million Loan for Solar Energy Projects Updated On Thu, Jul 6th, 2017 by Saurenergy The project’s innovative hybrid solar design is also built on a unique Public-Private Partnership between the Moroccan Agency for Sustainable Energy (MASEN) and private sector sponsors – with a Build, Own, Operate and Transfer project structure and implementation approach Morocco has received USD 25 million loan from the Climate Investment Funds’ Clean Technology Fund, for […] Read more
Piramal Finance Introduces ‘Flexi Line of Credit’ for Renewable Energy, Sanctions an Additional Rs. 700cr to ACME Solar Updated On Thu, Jul 6th, 2017 by Saurenergy Piramal Finance Limited (PFL) had first invested Rs. 499 Cr with ACME in July 2016, together with its partner APG. Piramal Enterprises, through its subsidiary Piramal Finance Limited (PFL), sanctioned an additional Rs.700Cr to ACME Solar Holdings Limited. The deal was made through Corporate Finance Group (“CFG”) of Piramal Finance Limited by introducing a new […] 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
CleanMax Solar Awarded with 2.5 MW Rooftop Solar Power Projects from IPGCL Updated On Sat, Jun 17th, 2017 by Saurenergy The Rooftop Solar Power plants will assist in bridging the demand-supply gap, generating enough energy to power 1500 homes. Solar Power developer CleanMax Solar has secured a contract for 2.5 MW rooftop solar power projects from Delhi government-owned Indraprastha Power Generation Co Ltd (IPGCL). The value of the contract is unknown. “CleanMax Solar has been […] Read more
GameChange Solar Unveils $2 Billion Capital Intro Program to Fund Solar Projects Updated On Fri, Jun 16th, 2017 by Saurenergy GameChange Solar has expanded its capital introduction program to fund solar projects across the United States GameChange Solar has announced that it has expanded its capital introduction program to fund solar projects across the United States to over $2 billion in available capital. The program is primarily in concert with five leading funding sources, two […] 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
Trina Solar’s PV Modules Operational in 455 MW DC Solar Project in Andhra Pradesh developed by SB Energy Updated On Mon, Jun 12th, 2017 by Saurenergy The PV modules supplied for this solar project in Andhra Pradesh were Trina Solar’s TALLMAX 72-cell polycrystalline panels. TALLMAX modules are recognized by industry professionals for their proven historical performance in the field and the high quality standard. Trina Solar’s PV modules have commenced operations in a 455MW DC solar power plant in Andhra Pradesh […] Read more