Canadian Solar Secures $149m Loan for 53 MW in Japan Updated On Mon, Mar 5th, 2018 by Saurenergy The Oita Hijimachi solar power project is located in southern Japan. Construction of the project commenced in November 2017. Canadian Solar announced that it has secured a non-recourse project finance facility of up to JPY16 billion ($149 million) from Shinsei Bank, Limited for its 53.4 MWp Oita Hijimachi solar power project. The non-recourse facility has […] Read more
Egypt’s Solar Power Gets $102M Support from World Bank Agency Updated On Thu, Jan 11th, 2018 by Saurenergy The Egyptian government is moving forward on a mega project that involves private sector companies building solar and wind plants under a FiT scheme. The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group has announced a guarantee of $102.6 million for the construction of six power plants in Egypt. The power […] Read more
Greenbacker Acquires to be Constructed 26 MW Solar Project in California Updated On Fri, Dec 29th, 2017 by Saurenergy Once operational, Midway III will sell all the power generated to a large California utility through a 20-year fixed-price power purchase agreement. Greenbacker Renewable Energy Company LLC says it has purchased Midway III, to be constructed 26 megawatt solar project in California from Solar Frontier Americas Holdings LLC through a wholly-owned subsidiary. Midway III is […] Read more
Year End Review 2017 –MNRE Updated On Wed, Dec 27th, 2017 by Saurenergy Government is on its way to achieving 175 GW target for installed Renewable Energy capacity by 2022 India attains 6th position in global Solar Power installed capacity By November 2017, a total of 62 GW Renewable Power installed, of which 27 GW installed since May 2014 and 11.79 GW since January 2017 Historic Low Tariffs […] Read more
Genex Power Appoints UGL as Preferred EPC Contractor for 270MW Kidston Solar Power Project Updated On Thu, Dec 14th, 2017 by Saurenergy UGL is a wholly-owned subsidiary of Australian publicly listed company CIMIC Group Limited, which is a world-leading infrastructure, mining, services and public private partnerships group. Genex Power Limited has announced the appointment of UGL as EPC in relation to the development of the 270MW Kidston Stage 2 Solar project (K2-Solar) at Kidston, North Queensland. The […] Read more
Gigawatt-Scale Solar Markets Seen in 13 countries in 2018: GTM Research Updated On Fri, Dec 1st, 2017 by Saurenergy GTM Research identifies five new countries (solar markets) poised to install more than a gigawatt of solar annually. As the year 2017 nears to its end, GTM Research report has identified 13 countries of gigawatt-scale solar markets in 2018 that would exceed the 1-GW worth of annual solar PV installations, up from eight in 2017. […] Read more
ADB Grants 44.76 Million Dollars Loan to Develop Solar Power Plant in Afghanistan Updated On Mon, Nov 27th, 2017 by Saurenergy The new on-grid solar power generation project will not only provide access to a clean and reliable power supply, but also demonstrate the viability of future renewable energy investments through public-private partnerships. The Asian Development Bank (ADB) has approved a $44.76 million grant to develop Afghanistan’s first 20 megawatts on-grid solar power plant and boost […] Read more
Solar Energy Insurance for Utility Scale Projects Updated On Mon, Nov 13th, 2017 by Saurenergy With each step towards achieving 100GW solar power goal by 2022, the momentous development of solar insurance and reinsurance market in India could not come at a better time. When it comes to new and innovative financing models, growing number of large-scale solar PV power plants and reduction in the feed-in tariff has spurred the […] Read more
EBRD strengthens ties with International Solar Alliance Updated On Thu, Nov 2nd, 2017 by Saurenergy A joint declaration to promote solar energy in the countries, where both EBRD and ISA operate was signed in New Delhi. The European Bank for Reconstruction & Development (EBRD) and the International Solar Alliance (ISA) have agreed to strengthen cooperation in pursuit of their shared goal of mobilizing green energy financing. A joint declaration to […] Read more
