Regulatory Challenges a Limiting Factor for RE in India Updated On Tue, Jun 4th, 2019 by Saurenergy The increasing share of renewables in the total energy mix of the country may lead to an increase in regulatory challenges for coal-based projects in the long term, global rating agency Moody’s Investors Service has revealed. The higher share of renewable energy in the total energy mix presents key regulatory challenges in terms of integrating new renewable […] Read more
Kenya’s 1st Utility Scale IPP Solar Proj to Kick-off Construction Post Financial Close Updated On Mon, Jun 3rd, 2019 by Saurenergy Meanwhile, it is expected that the plant will reach commercial operation in mid-2020 as the construction work likely to take around twelve months. With an aim to power Africa’s growth trajectory, Globeleq is mulling to begin the construction of Kenya’s one of the first IPP-owned utility scale solar power plants post the financial close. This 40 […] Read more
Solar Packs To Reach Over 300 Van Gurjars’ Families in UP Reserve Updated On Mon, Jun 3rd, 2019 by Saurenergy As many as 391 Van Gurjars families residing in Amangarh area of Uttar Pradesh will get solar power packs as logistic problem does not allow them to have access to electricity by conventional means. According to officials, each power pack costs Rs 47,000 and will be provided to each Van Gurjar family under PM Saubhaagya […] Read more
Facebook Partners with Longroad Energy For 379 MW Texas Solar Project Updated On Fri, May 31st, 2019 by Saurenergy Facebook will be the sole tax equity investor for the project, the company’s first direct investment in a renewable energy project. Longroad Energy, a US-based renewable energy developer, has announced the financial close and start of construction of its Prospero Solar project in Andrews County, Texas with a total financing package of approximately $416 million. […] Read more
An Innovative Plan to Drive Higher Solar Rooftop in Chandigarh takes Shape Updated On Wed, May 29th, 2019 by Saurenergy CREST, or the Chandigarh Renewable Energy and Science & Technology Promotion Society, a society under the department of science and technology, Chandigarh Administration, has come up with a model to drive higher solar use. Expanding the RESCO model to residential houses. The planned move by CREST is really interesting because it tries to tackle one of the […] Read more
Alfa Ventures Invests in Noida-Based Skilancer Solar Updated On Tue, May 28th, 2019 by Saurenergy Alfa Ventures recently has invested in cleantech startup Skilancer Solar. Venture Capitalist fund, Alfa Ventures has announced that it has invested in Noida-based startup, Skilancer Solar. The VC fund has, however, not disclosed the amount that it has invested in the startup that primarily works in artificial intelligence-powered autonomous robot for cleaning of solar panels. […] Read more
ADB Grants $4Mn Loan For 15.1 MW Solar Plant in Afghanistan Updated On Tue, May 28th, 2019 by Saurenergy The Asian Development Bank (ADB) has signed a $4 million loan with a special purpose vehicle (SPV) to help build a 15.1 megawatt (MW) solar power plant in Afghanistan. The Asian Development Bank (ADB) has signed a $4 million loan with a special purpose vehicle (SPV) and subsidiaries owned by the 77 Construction, Contracting, and Trading […] Read more
ADB Grants $750 Mn For Railway Track Electrification in India Updated On Mon, May 27th, 2019 by Saurenergy ADB has signed off on what is its largest single nonsovereign loan ever committed, for the electrification of the Indian railway network. A project expected to help India’s railway sector transition to electric power and away from dependence on fossil fuels. The Asian Development Bank (ADB) has signed an agreement to provide $750 million (Rs […] Read more
ADB Agrees To Help Finance 100-MW Solar Project in Cambodia Updated On Fri, May 24th, 2019 by Saurenergy The Asian Development Bank (ADB) said today it will extend a loan of USD 7.64 million to support the construction of a 100-MW photovoltaic (PV) park in Cambodia. The National Solar Park Project was developed with grants from the governments of Canada and Singapore and envisages the installation of a power plant in Kampong Chhnang […] Read more
