African Development Bank Grants $265M Loan for Two Solar Power Plants Updated On Tue, Dec 12th, 2017 by Saurenergy The bank has committed $265 million for Morocco where two solar power plants named NOORM I and NOORM II with a combined capacity of 800MW The African Development Bank (AFDB) has approved $324 million loan for two renewable energy projects in Africa. The Bank has set aside US$265 million for two solar power plants named […] Read more
MNRE announced new National Lab Policy for Renewable Energy Updated On Tue, Dec 12th, 2017 by Saurenergy As per MNRE, India’s target of achieving 175GW of renewable energy by 2022 has made it mandatory to have and robust and precise policy. In order to acquire better quality and reliability of projects under the renewable energy category in India the Ministry of New and Renewable Energy (MNRE) has recently announced the new and […] Read more
HEEDING the Call for CYBER SECURITY in Renewable Energy Updated On Mon, Dec 11th, 2017 by Saurenergy This is a challenge, but even more so, it is an opportunity to advance the collective technologies towards the attainment of solar cyber security worldwide. In 2012, a computer virus, dubbed Stuxnet, disabled 1000 of Iran’s 5000 centrifuges, detailing a joint US-Israel cyber security attack on Iran that undermined its nuclear enrichment facilities. In 2014, Unit […] Read more
India’s Ultra-Mega Solar Project To Be Discussed At France Summit: World Bank Chief Updated On Mon, Dec 11th, 2017 by Saurenergy The ultra-mega solar power projects are a series of solar power projects planned by India to enhance its capacity from 20,000 MW to 40,000 MW. India’s ultra-mega solar project will come up for discussion at the One Planet Summit in France this week, World Bank President Jim Yong Kim has said. The ultra-mega solar power […] Read more
Pune’s Famous Temple Laxmibai Dagdusheth Datta Mandir Goes Completely Solar Updated On Mon, Dec 11th, 2017 by Saurenergy A popular temple in Pune, Laxmibai Dagdusheth Datta Mandir installs solar panels that will further provide power to at least 20 households. In a significant development, Laxmibai Dagdusheth Datta Mandir, a famous temple in Budhwar Peth in Pune has installed a solar power generation plant that has become its exclusive power supply source. Besides, these […] Read more
Acme Cleantech Solutions Approaches Madras High Court for Levied Import Duty Updated On Fri, Dec 8th, 2017 by Saurenergy In its petition, Acme said that customs officials were not following the proper procedure in making their revised assessments. The Madras High Court was approached by a solar power developer named Acme Cleantech Solutions filing a petition against Chennai port customs officials accusing them of charging import duties on panels and modules by categorizing them […] Read more
Old Mutual to Build 50 MW Solar Power Plants in Zimbabwe Updated On Thu, Dec 7th, 2017 by Saurenergy The projects will entail the construction of two solar power plants in Gwanda and Chipinge Old Mutual plans to construct solar power projects in Zimbabwe with capacity to generate at least 50 megawatts, a senior official has said. The projects will entail the construction of two solar power plants in Gwanda and Chipinge, Old Mutual […] Read more
Indian Railway Finance Corporation Issues USD 500 million Green Bond Updated On Thu, Dec 7th, 2017 by Saurenergy Pricing Of USD 500 Million 3.835% Fixed Rate Senior Unsecured Dollar Green Bond of 10 Year Tenor by Indian Railway Finance Corporation Limited. Indian Railway Finance Corporation Limited (“IRFC”) announced that it has successfully raised USD 500 million 10-year green bond from investors in Asia, Europe and Middle East, and offshore US. Proceeds of the […] Read more
Canadian Solar Declared Itself of Being Awarded With a 17.87MW project in Japan Updated On Wed, Dec 6th, 2017 by Saurenergy A total of 141.3MW AC of projects at a price of JPY 19.6 ($0.18) per kWh, declared on November 21, 2017, as per the results of the first auction. Canadian Solar Inc. has secured a 17.87MW project in Japan’s inaugural solar energy auction. The company is among the world’s largest solar power company. The project is set up […] Read more
