Africa Finance Corp to Invest $63 Mn in 60 MW Wind Farm in Djibouti Updated On Mon, Feb 24th, 2020 by Saurenergy Africa Finance Corporation has announced a USD 63 million investment to construct and operate a 60 MW wind project in the Ghoubet area of Djibouti. Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, has announced a USD 63 million strategic investment to construct and operate a 60MW wind project in the Ghoubet […] Read more
IFC to Assess Potential of Private Investments in Energy Storage Solutions in Burkina Faso Updated On Mon, Feb 24th, 2020 by Saurenergy IFC will assess how private investment in energy storage can contribute to higher solar power production while enhancing grid stability in Burkina Faso The International Finance Corporation (IFC), a member of the World Bank Group, has announced that it has signed an agreement with Burkina Faso’s Ministry of Energy to assess how private investment in […] Read more
Off-Grid Solar Industry now a USD 1.75 Billion Annual Market: Report Updated On Mon, Feb 24th, 2020 by Saurenergy The off-grid solar industry has grown into a USD 1.75 billion annual market, providing lighting and other energy to 420 million users, a new report has shown The off-grid solar industry has grown into a USD 1.75 billion annual market, providing lighting and other energy services to 420 million users and remains on a solid […] Read more
Leclanché Secures $65 Mn Loan Facility to Expand Operations Updated On Mon, Feb 24th, 2020 by Saurenergy Leclanché has signed an agreement with Yorkville Advisors for an unsecured convertible loan facility with a maximum ceiling of USD 40 million. One of the world’s leading energy storage companies Leclanché has signed an agreement with Yorkville Advisors Global, a New Jersey-based investment firm providing for an unsecured convertible loan facility with a maximum ceiling […] Read more
State Fund, Engie to Build Solar, Storage & EV Charging Stations in California Updated On Mon, Feb 24th, 2020 by Saurenergy The State Fund and Engie North America have announced an agreement to build solar panels, energy storage systems, and EV charging stations across California The State Compensation Insurance Fund (State Fund) and Engie North America have announced an agreement to build solar photovoltaic (PV) panels, energy storage systems, and electric vehicle (EV) charging stations across […] Read more
EDP Renewables Posts 52% Rise in net Profit to Reach EUR 475 Mn Updated On Fri, Feb 21st, 2020 by Saurenergy EDP Renewables has announced its full-year results for 2019, posting total revenues of EUR 1,824 million and Net Profit amounting to EUR 475 million. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world with a presence in 14 countries, has announced its […] Read more
Canadian Solar Begins Work on 26.6 MW Solar Projects in Japan Updated On Thu, Feb 20th, 2020 by Saurenergy Canadian Solar has announced it has commenced work on the construction of two solar photovoltaic (PV) power projects in Japan. Canadian Solar, one of the world’s largest solar power companies, has announced it has commenced construction on two solar photovoltaic (PV) power projects in Japan. The first is a 13.6 MWp project in the Ibaraki Prefecture. The project will […] Read more
Standard Chartered Commits $35 Bn Towards Renewable Projects Updated On Wed, Feb 19th, 2020 by Saurenergy Standard Chartered has committed to providing USD 35 billion of project financing, M&A advisory and debt structuring services for renewable projects by 2024 Standard Chartered Bank has announced its business targets for supporting its clients as they transition to a low- carbon economy as part of the Bank’s sustainability aspirations. By the end of 2024, […] Read more
Canadian Solar Sells 56.3 MW Solar Plant in Japan for JPY 22.3 Bn Updated On Wed, Feb 19th, 2020 by Saurenergy Canadian Solar has completed the sale of the Yamaguchi Shin Mine, a 56.3 MW operational solar power plant in the Yamaguchi Prefecture in Japan. Canadian Solar, one of the world’s largest solar power companies, has announced that it has completed the sale of the Yamaguchi Shin Mine, a 56.3 MW operational solar power plant in the Yamaguchi Prefecture […] Read more
