India Signs MoU to Share Bolivia’s Vast Lithium Deposit Updated On Mon, Apr 1st, 2019 by Saurenergy Both sides agreed to work together for exploration and extraction of the vast Lithium deposits of Bolivia. Lithium is a key resource used in making batteries that India needs for its clean technology initiatives such as increased use of electric cars. India after signing a Memorandum of Understanding (MoU) with Bolivia, has leveraged its way […] Read more
InfraCo Africa Signs $2.2 M Loan Agreements with Gigawatt Global Updated On Fri, Mar 22nd, 2019 by Saurenergy InfraCo Africa has signed $2.2 million convertible loan agreements with energy developer Gigawatt Global for the development of the Samburu Solar and Transmara Solar projects in Kenya. Each with a capacity of 10MWAC, the sister facilities will generate clean, reliable electricity in some of the poorest counties in the country. The financing committed by InfraCo Africa will […] Read more
China’s Ambitious Solar Power Space Project is a bet on the future Updated On Wed, Mar 20th, 2019 by Saurenergy China plans to have a solar power station orbiting the earth at 36,000 km, allowing it to tap the energy of the sun’s rays without interference from the atmosphere or loss of sunlight. According to Chinese media, the country is working on plans to build a solar farm in space. The project is hugely ambitious […] Read more
ReNew Power Concludes $375 Mn Green Bond Issue Updated On Wed, Mar 13th, 2019 by Saurenergy The capital raised through the green bond issue will be utilised for refinancing of outstanding external commercial borrowings and as Capex in eligible green projects. ReNew Power Limited, one of India’s largest renewable energy Independent Power Producer (IPP) has successfully concluded a green bond issue of US$ 375 million. The five-year non-call two notes were […] Read more
Coming up. A 100 MW Solar Park in Bangladesh with Saudi backing Updated On Tue, Mar 12th, 2019 by Saurenergy The AlFanar Group, a leading Saudi construction and manufacturing conglomerate, has agreed to provide a $100 million worth of financing for an upcoming solar project in Bangladesh. Financing has been a challenge for developers in Bangladesh, with projects struggling due to inability of the developers to raise funding.The Riyadh-based Alfanar signed a Memorandum of Understanding […] Read more
Int’l: Jumeme Starts on Phase-I of Lake Victoria Hybrid Solar Mini-Grid Project Updated On Tue, Mar 5th, 2019 by Saurenergy In this first scaling phase, 11 new mini-grids are currently being constructed to bring 24/7 electricity supply to a population of more than 80,000 people. RP Global, an independent renewable energy developer and majority shareholder of Jumeme Rural Power Supply Ltd., has announced that construction of the first phase of its ambitious solar-hybrid mini-grid project […] Read more
SECI Seeking Owners Engineer For Andhra Pradesh Hybrid Project Updated On Thu, Feb 28th, 2019 by Saurenergy The last date of submission of the EoI is March 25, 2019. The Solar Energy Corporation of India (SECI) has issued an Expression of Interest (EOI) for the selection of owners engineer for the 160 MW solar-wind hybrid power plant with Battery Energy Storage System (BESS) at Ramagiri, Anantapur District, Andhra Pradesh. The selection of […] Read more
Risen Energy Begins Work on 117 MW Mexico Solar Project Updated On Wed, Feb 27th, 2019 by Saurenergy With a total installed capacity of 117MW, the facility is expected to supply 269,068 MWh of green electricity to Mexico annually. Chinese Solar Module Manufacturer, Risen Energy has initiated work on its 117 MW solar park in Mexico, the company has issued in a statement. This marks the solar panel maker’s formal entry into the build-out […] Read more
EBRD Deepens Green Finance in Armenia with €2.5 Mn Loan Updated On Tue, Feb 26th, 2019 by Saurenergy Possible investments include technologies such as thermal insulation, photovoltaic solar panels, geothermal heat pumps and water efficient irrigation systems. The European Bank for Reconstruction and Development (EBRD) is intensifying efforts to strengthen energy efficiency in Armenia with the launch of a new Green Economy Financing Facility for the country, co-financed by the Green Climate Fund (GCF). Small and medium-sized enterprises (SMEs) […] Read more
