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
SPI Energy signs non-binding framework agreement with GSR GO Scale Capital Updated On Tue, Jul 5th, 2016 by Saurenergy SPI Energy, a global provider of photovoltaic (PV) solutions has signed a non-binding framework agreement with private equity firm GSR GO Scale Capital Advisors for the issue of US$500 million convertible bonds by the Company. GSR GO Scale Capital will act as an investment advisor to bond holders in order to build the largest capacity […] Read more
EESL and TERI sign MoU for strategic partnership to achieve energy efficiency in India and abroad Updated On Thu, Jun 30th, 2016 by Saurenergy Energy Efficiency Services Limited (EESL) has entered into a strategic partnership with The Energy and Resources Institute (TERI) for two years. The MoU was signed between the two parties in the presence of Union Minister of State (IC) Power, Coal and New & Renewable Energy, Piyush Goyal. Under the MoU signed both the oraganizations will […] Read more
Central Jail wants to tap into solar energy Updated On Mon, Jun 20th, 2016 by Saurenergy Central Jail in Agra is reportedly planning to tap into solar energy source in a bid to ensure uninterrupted power supply and strengthen security. The central Jail authorities have already started working on plan to tap the clean energy. The Solar energy plant at central jail will reduce electricity bills and the money saved will […] Read more
8minutenergy to build 4GW solar photovoltaic project in India Updated On Sat, Jun 11th, 2016 by Saurenergy Independent solar developer in the U.S., 8minutenergy Renewables will setup 4GW solar photovoltaic project in India to help the country meet its aggressive renewable energy goals. A statement from White House said “8minutenergy Renewables will pursue a 4 GW solar photovoltaic project pipeline in India”. 8minutenergy’s commitment was made in tandem with Prime Minister Modi […] Read more
Will continue to support renewable energy projects in India: OPIC Updated On Sat, Jun 11th, 2016 by Saurenergy U.S. Government’s development finance institution, Overseas Private Investment Corporation (OPIC) has announced that it will continue to support early stage renewable energy projects in India. OPIC in a blog post said “this week’s historic agreement between the U.S. and India to address climate change recognizes the need for private investment and will work to support […] Read more
CleanMax Solar honored twice by MNRE for excellence in the rooftop solar industry Updated On Thu, Jun 9th, 2016 by Saurenergy CleanMax Solar has been honored twice in the ‘Developer’ and ‘EPC’ categories by the Ministry of New and Renewable Energy (MNRE) for excellence in the rooftop solar industry. The National Excellence Awards 2016′ were bestowed at the ‘National Workshop on Roof Top Solar Power’ organized by MNRE at Vigyan Bhavan. Kuldeep Jain, Managing Director, CleanMax […] Read more
SPI Energy enters into strategic partnership with General Energy Solutions Updated On Thu, Jun 9th, 2016 by Saurenergy SPI Energy has entered into strategic partnership with General Energy Solutions (GES) in Japan. Under the partnership agreement, SPI Energy’s wholly owned Japanese subsidiary, SPI Solar Japan G.K. (“SPI Japan”), will provide local technical support and sales services to GES and deliver more than 15 megawatts (“MW”) of project sales in 2016 and 5MW in […] Read more
Solar Fastest Growing New Energy Source in India: Mercom Capital Group Updated On Tue, Jun 7th, 2016 by Saurenergy Global clean energy communications and research firm, Mercom Capital Group released its quarterly update on the Indian solar market on Monday, 6th June. Mercom predicts approximately 5 GW of solar installations in India for calendar year 2016. Mercom in its report states that cumulative solar installations in India crossed the 7.5 GW mark as of […] Read more