IFC Invests Rs 667 Crore in L&T Infrastructure for Solar Power Projects Updated On Fri, Jul 7th, 2017 by Saurenergy L&T Infrastructure Finance Co will use the fund to provide loan to solar power projects across India. The World Bank’s private financing arm IFC has invested Rs 667 crore ($103 million) in L&T Infrastructure Finance Co by subscribing to the first official Green Bonds in India, as stated in a joint statement by both the […] Read more
Piramal Finance Introduces ‘Flexi Line of Credit’ for Renewable Energy, Sanctions an Additional Rs. 700cr to ACME Solar Updated On Thu, Jul 6th, 2017 by Saurenergy Piramal Finance Limited (PFL) had first invested Rs. 499 Cr with ACME in July 2016, together with its partner APG. Piramal Enterprises, through its subsidiary Piramal Finance Limited (PFL), sanctioned an additional Rs.700Cr to ACME Solar Holdings Limited. The deal was made through Corporate Finance Group (“CFG”) of Piramal Finance Limited by introducing a new […] Read more
Philips Lighting secures renewable energy certificates in the Gulf region Updated On Wed, Jul 5th, 2017 by Saurenergy Philips Lighting is the first major international company to secure its renewable energy consumption in the Gulf region using the pioneering International REC Standard. Philips Lighting has announced that it has purchased traceable renewable electricity from Dubai Electricity and Water Authority (DEWA’s) Mohammed bin Rashid Al Maktoum Solar Park in Dubai. The company has purchased […] Read more
Swedish Court of Appeal Rules Against Fortum in Income Tax Case Updated On Sat, Jul 1st, 2017 by Saurenergy Fortum will book a tax cost of 1,175 MSEK (EUR 123 million) in the second quarter 2017 results. The booking will not have any cash flow effect for Fortum, as the additional taxes and interest have already been paid in 2016. The Court of Appeal in Stockholm, Sweden on 30 June 2017 ruled against Fortum […] Read more
Solar Films Manufactured by Heliatek Installed on ENGIE Laborelec’s Building in Linkebeek, Belgium Updated On Sat, Jul 1st, 2017 by Saurenergy In 2016 the ENGIE Group acquired a 6.6% stake in Heliatek, one of the world leaders in the production of organic photovoltaic (OPV) films. Solar films manufactured by German company Heliatek have been installed on ENGIE Laborelec’s building in Linkebeek, Belgium. The HeliaFilm organic films have been incorporated into the façade and windows and will […] Read more
NTPC now has 845 MW of Installed Solar Power Capacity across India: Report Updated On Thu, Jun 22nd, 2017 by Saurenergy NTPC recently revealed that 845 megawatt capacity solar power plants have been installed in India after the recent addition of 225 MW Mandsaur Solar Power project The National Thermal Power Corporation (NTPC) of India recently revealed that it now has 845 megawatt installed solar power capacity of across the country. NTPC boasted the number after […] Read more
Adani inks deal with top Chinese firm East Hope Group, to invest over $300 million in Gujarat Updated On Wed, Jun 21st, 2017 by Saurenergy The MoU between Adani group and top Chinese firm East Hope Group proposes to set up manufacturing units in Mundra special economic zone in Gujarat to produce solar power generation equipment, chemicals, aluminium and animal feed Adani Group has signed a MoU with top Chinese firm to invest $300 million in manufacturing units in Gujarat. […] Read more
Sunworks to construct 1.1 Megawatt (MW) solar system at CSP Labs in Pleasant Grove, California Updated On Tue, Jun 20th, 2017 by Saurenergy CSP Labs will incorporate the 1.1 Megawatt (MW) solar system to offset more than 90% of its power consumption through long term partnership with Sunworks Sunworks, Inc. has announced a new project for a 1.1 Megawatt (MW) solar system that will be constructed at CSP Labs in Pleasant Grove, California. The 1.1 Megawatt (MW) solar […] Read more
Wind, Solar Power Could Overpower Political Winds: Deloitte Study Updated On Thu, Jun 15th, 2017 by Saurenergy “Green energy no longer solely means environmental concerns, ‘green energy’ also means the dollars that can be saved by investing in wind, solar and other clean energy sources.” According to Deloitte’s annual “Resources 2017 Study – Energy Management: Sustainability & Progress” report the demand for renewable energy by consumers and businesses – along with a […] Read more
