Azure Power Taps IBRD (World Bank) Loan to Scale its solar rooftop platform Updated On Fri, Jun 16th, 2017 by Saurenergy The loan is for 15 years with an interest rate of 8.35% per annum, one of the lowest interest rates availed by a solar power developer in the Indian solar sector to date. The loan will be utilized to scale Azure Roof Power, Azure Power’s solar rooftop platform. Azure Power, an independent solar power producer […] Read more
Mytrah Energy reports USD 362.23mn in revenue Updated On Wed, Jun 14th, 2017 by Saurenergy The renewable power producer Mytrah Energy entered into PPAs for 140 MW of solar power capacity, bringing the total to 422 MW AC in Telangana, Punjab and Karnataka Renewable energy company Mytrah Energy Ltd. announced its full year results for the year ended 31 December 2016. The company reported full year revenues of USD 362.23mn, […] Read more
EBRD Invests in Second Solar Park in Kazakhstan Updated On Tue, Jun 13th, 2017 by Saurenergy The EBRD’s investment in the southern Zhambyl region follows Burnoye Solar Park -1, the award-winning first utility-scale renewable energy project in Kazakhstan under the new legislation which enabled private investment in the sector. The European Bank for Reconstruction and Development is financing the 50 MW Burnoye Solar Park-2 project in Kazakhstan in partnership with the […] Read more
JinkoSolar Signs Cooperation Agreement for 187 MW Solar PV Modules with Quantum Power in Japan Updated On Tue, Jun 13th, 2017 by Saurenergy JinkoSolar’s 187 MW solar PV modules will be delivered to three projects of Quantum Power in Japan located in Ibaraki, Gunma and Mie prefecture. JinkoSolar Holding Co., Ltd., a global leader in the solar PV industry has announced that its Japan subsidiary (Jinko Japan) has entered into an 187MW Cooperation Agreement with Quantum Power GK, […] Read more
EBRD Approves US$ 500 Million for Private Renewable Energy Projects in Egypt Updated On Fri, Jun 9th, 2017 by Saurenergy The European Bank for Reconstruction and Development (EBRD) financing will support the development of private renewable energy projects under the Egyptian government’s feed-in-tariff programme. The European Bank for Reconstruction and Development (EBRD) has taken a major step forward in the rollout of renewable energy with the approval of a US$ 500 million framework to finance […] Read more
Ellomay to Buy 300 MWp Spanish Solar Power Project Updated On Wed, May 3rd, 2017 by Saurenergy Ellomay has entered into a SPA, acquiring the Spanish firm behind the project, Talasol Solar’s 300 MW solar power project with purchase amount of EUR 10 million. Ellomay Capital Ltd., an emerging operator in the renewable energy and energy infrastructure sector has announced its entry, through one of the Company’s subsidiaries, into a share purchase […] Read more
REPORT ON THE 11TH SNEC PV POWER EXPO Updated On Sat, Apr 29th, 2017 by Saurenergy SNEC2017, with the exhibiting space reaching 180,000 square meters, attracted over 1,800 exhibitors and over 220,000 visits from 95 countries and regions The 11th SNEC PV POWER EXPO Successfully Held The largest PV tradeshow in the world — SNEC 11th (2017) International Photovoltaic Power Generation Conference & Exhibition was successfully rounded off on April 21st, 2017. […] Read more
SunPower to Supply Equipment Solutions to Global Solar Power Plant Market Updated On Mon, Apr 24th, 2017 by Saurenergy “The SunPower Oasis platform delivers competitive cost of energy with the proven reliability and quality of SunPower technology in a fully pre-engineered complete solution” SunPower has announced that it now offers the fully-integrated SunPower Oasis Power Plant platform directly to solar power plant developers and engineering, procurement and construction (EPC) providers through a newly formed […] Read more
Secondary Solar Market in India Updated On Tue, Apr 18th, 2017 by Saurenergy with the rise of the solar market, there has been a constant pressure on Indian developers to churn their capital. To minimize the pressure the developers are laying the foundation for the advent of the secondary market for solar assets by shopping their rapidly growing solar projects to prospective investors. The merger and acquisition (M&A) […] Read more