Key technology trends shaping the Global Solar Industry Updated On Mon, Oct 23rd, 2017 by Saurenergy Innovation in Finance When asked about the direction of innovation in financing for clean energy Manish Chaurasia, Managing Director, Tata Cleantech Capital Ltd. (TCCL) said, there is a lot of innovation happening in clean energy financing on a global scale. From securitization of assets to setting up of yield to monetize and plough back capital, […] Read more
India 2022 A Roadmap 100GW Updated On Thu, Oct 12th, 2017 by Saurenergy India is poised to achieve a growth rate which is projected to trigger a major rise in energy demand due to demographic expansion, increasing urbanization and rising demands for mobility. By 2022, India targets solar power installation of 100GW, which is an ambitious target and requires a quantum four-fold growth in the sector. India’s total […] Read more
Heliatek Raises an Additional €15 Million for Organic PV Expansion Updated On Thu, Oct 12th, 2017 by Saurenergy New and existing investors increase financial resources to accelerate development and speed up worldwide market entry. Heliatek, a world leader in organic photovoltaic and a manufacturer of solar films, announced today that it has raised €15 million from new and existing investors. A strong interest among potential investors leads to an extension of the last […] Read more
SunPower Collaborates with True Green Capital Management to Finance $140 Million of U.S. Commercial Solar Projects Updated On Fri, Oct 6th, 2017 by Saurenergy As part of the three-year agreement, SunPower will deliver turn-key distributed solar electric power projects for commercial and public sector customers that will be acquired by TGC. SunPower has collaborated with True Green Capital Management LLC (TGC) to establish a $140 million fund expected to finance approximately 50 megawatts of SunPower solar energy systems. Projects […] Read more
EBRD Earmarks 200 Million Euros for Renewables in Kazakhstan Updated On Thu, Oct 5th, 2017 by Saurenergy The EBRD Board of Directors has approved a financing framework of up to €200 million. This will be used to finance primarily private renewable energy projects with a total generating capacity of 300 MW within the next five years. As Kazakhstan prepares to celebrate the 25th anniversary of its independence, the European Bank for Reconstruction […] Read more
Scatec Solar Has Teamed With Statoil for 162mw Solar Power Plant in Brazil Updated On Thu, Oct 5th, 2017 by Saurenergy Statoil will also acquire a 50 percent share in the project execution company, enabling Statoil to participate in building and operating solar projects in the future. Scatec Solar ASA (SSO) and Statoil ASA (STL) have agreed to establish a 50/50 Joint Venture to build, own and operate large scale solar plants in Brazil. The Joint […] Read more
ADB $500 million funding soon for private sector infrastructure in Asia and Pacific Updated On Wed, Oct 4th, 2017 by Saurenergy ADB expects these initial projects will generate about USD 1.4 billion in total financing, including USD 264.5 million from ADB’s own capital and an additional USD 890 million from co-financing partners. Asian Development Bank (ADB) said it is actively processing USD 500 million (about Rs 3,275 crore) as debt and equity funding for private infrastructure […] Read more
Enel Commissions Largest Solar Project in South America Updated On Tue, Sep 26th, 2017 by Saurenergy Enel has commissioned two solar plants that include the 254 MW and the 292 MW located respectively at Ituverava and Nova Olinda solar parks. Italian developer Enel’s subsidiary Enel Green Power Brasil Participações (EGPB) announced the operation of two solar power plants located in Brazil with an aggregate capacity of 546 megawatts. The two solar […] Read more
Mytrah Energy Successfully Raises Rs. 1800 Crore Updated On Tue, Sep 19th, 2017 by Saurenergy The 1800 crore fund is being invested in the form of non-convertible debentures (“NCDs”) with a 7-year tenor into two Mytrah Group entities, Mytrah Energy (India) Private Limited (Rs. 980 crores) and Mytrah Ujjwal Power Private Limited (Rs. 820 crores). Mytrah, the Hyderabad-based renewable power producer has raised Rs 1,800 crores from Piramal Group’s financial […] Read more
