World Bank signs agreement with Jharkhand and Central government for a $310 million loan Updated On Tue, Nov 20th, 2018 by Saurenergy The Jharkhand Power System Improvement Project will help build new power transmission infrastructure To provide affordable, reliable and 24×7 electricity to the citizens of Jharkhand, the state and the central government have signed an agreement with the World Bank for a loan of $310 million. The Jharkhand Power System Improvement Project will help build new […] Read more
GoI, ADB Lend $300 Mn via IIFCL to Fund Projects Including Renewables Updated On Sat, Nov 17th, 2018 by Saurenergy ADB funding is expected to fund at least 13 sub-projects through IIFCL, involving roads and renewable power generation, under the last tranche, says Kenichi Yokoyama. The Government of India (GoI) and Asian Development Bank (ADB) signed a USD 300 million loan agreement to support lending by India Infrastructure Finance Company (IIFCL). The Ministry of Finance […] Read more
Leaders Gather for Groundbreaking of Georgia’s Solar Plant Updated On Tue, Nov 13th, 2018 by Saurenergy The largest infrastructure project in Twiggs County, the GA Solar 4 project will create up to 400 construction jobs and ongoing tax revenues for the region. Leaders of various organisations gathered on Monday in Twiggs County, Georgia to celebrate the ceremonial groundbreaking of the largest solar plant in the state. The largest infrastructure project in […] Read more
EDF Renewables Signs Two 20-Yr PPA For Solar+Storage Proj in California Updated On Tue, Nov 13th, 2018 by Saurenergy The Project is slated to achieve commercial operation by the end of 2021. The agreement is for generation and storage of solar energy. EDF Renewables North America signed two 20-years Power Purchase Agreement (PPA) with Silicon Valley Clean Energy (SVCE) purchasing 55 percent of the output, and Monterey Bay Community Power (MBCP) getting the remaining […] Read more
EESL, ADB Ink Pact for $13 Mn GEF Grant to Establish EERF Updated On Mon, Nov 12th, 2018 by Saurenergy EERF aims to expand and sustain investments in the energy efficiency market in India, build market diversification, and scale up existing technologies. Towards supporting investments in new, innovative and scalable business models, EESL and Asian Development Bank (ADB) signed an agreement for a Global Environment Facility (GEF) grant of USD 13 million to establish an […] Read more
LONGi Issues 2018 Q3 Report: Revenue Rose 35.26% Compared to the Same 3 Quarters in 2017 to USD 2.11 Billion Updated On Thu, Nov 1st, 2018 by Saurenergy Yesterday, LONGi Green Energy Technology Co., Ltd. (601012.SH) released its 2018 Q3 financial report, which showed: In the first three quarters of 2018, LONGi realized revenue of USD 2.11 billion, up 35.26% compared to the same 3 quarters in 2017. Net profit attributable to the parent company was USD 242.83 million. LONGi’s revenue has steadily […] Read more
Marathon Capital Sells OCI Solar Power’s 66MW Project Ivory to DESRI Updated On Tue, Oct 23rd, 2018 by Saurenergy The project, located in Dawson County, Texas, is anticipated to reach commercial operation in November 2018. One of the leading financial advisory and investment banking firm Marathon Capital has sold OCI Solar Power’s 66 MWDC in-construction solar photovoltaic project (Project Ivory) to D. E. Shaw Renewable Investments (DESRI). However, the company said that, OCI Solar Power funded the […] Read more
CDPQ Raises Stake in Azure Power to 40% via $100 Mn Addl Investment Updated On Mon, Oct 22nd, 2018 by Saurenergy Post this new investment, the total amount invested by CDPQ in Azure Power grew to USD 240 million. Canada’s one of the leading institutional fund managers, La Caisse de dépôt et placement du Québec (CDPQ) has raised its shareholding in Azure Power Global, India-based solar firm, to 40 percent through USD 100 million contribution to the company’s recent […] Read more
DELTA DELCEN HV SERIES – 1500vdc Grid Tied Solar Central Outdoor Inverter Updated On Mon, Oct 15th, 2018 by Saurenergy The continuous evolution of Solar panel technology to higher DC Voltages up to 1500V has helped to lower the Balance of system costs, higher output power capability leading to reduction in Energy production costs. Delta’s commitment to be on par and adapt with this latest technology developments of other interactive systems has led to the […] Read more
