Atlas Renewable Energy Secures $152 Mn For Financing of 3 Solar Plants in Brazil Updated On Wed, Mar 20th, 2019 by Saurenergy The three projects are estimated to benefit around 470,000 families per year with clean, renewable energy and will avoid the emission of 108,000 tons of CO2 annually. Atlas Renewable Energy, a leader in clean energy in Latin America, announced the completion of long-term financing of three of its solar energy plants in Brazil for a total amount […] Read more
Vestas Helps Unlock Vietnamese Wind Energy Project Through Innovative Financing Structure Updated On Thu, Mar 14th, 2019 by Saurenergy The solution can – with some modifications – easily be applied to other developing/emerging wind energy markets. With emerging markets looking to renewable energy to fuel their growth, securing competitive financing solutions play a key role in ensuring projects achieve attractive financial returns. With challenges associated with project bankability, the cost of local lending, and […] Read more
Trine Helps Greenlight Planet Secure Financing For Off-Grid Solar Projects in India Updated On Thu, Mar 14th, 2019 by Saurenergy The strategic partnership between Trine and Greenlight Planet sets out to answer the off-grid solar industry’s strong demand for innovation in distribution and financing. Swedish investment firm, Trine, which enables individuals to invest in renewables sustainably has joined forces with Greenlight Planet, a provider of off-grid solar products, to secure a Euro 1.8 million (Rs 14 […] Read more
OPIC Provides Initial Financing to $85 Mn Solar Energy Transformation Fund Updated On Mon, Feb 25th, 2019 by Saurenergy The fund supports businesses providing solar solutions to some of the millions of people in India and Sub-Saharan Africa who lack access to electricity. The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, has provided initial financing to SunFunder’s $85 million Solar Energy Transformation Fund which supports businesses providing solar solutions to […] Read more
ReneSola Secures Financing for Hungary and Poland Projects Updated On Tue, Feb 5th, 2019 by Saurenergy Eiffel Energy Transition Fund will finance ReneSola’s 41.3 MW project in Hungary and 55 MW projects in Poland in the amount of Euro 13,428,000. ReneSola Ltd., a leading fully integrated solar project developer, has entered into a bridge financing agreement with Eiffel Energy Transition Fund for its photovoltaic projects in Hungary and Poland. Xianshou Li, Chairman and Chief Executive Officer of ReneSola, said, […] Read more
EBRD Devoted 36% to Green Financing in 2018 Updated On Sat, Jan 19th, 2019 by Saurenergy It is well on the way to meeting a target of dedicating 40 per cent share of investments to the green economy by 2020. The European Bank for Reconstruction and Development (EBRD) has devoted 36 per cent of its total investments to the green economy in 2018. The bank said in a statement that, it […] Read more
REDAVIA Secures $2 M Debt Financing for Expansion in Ghana Updated On Tue, Jan 8th, 2019 by Saurenergy “ElectriFI’s funding will be a stepping stone towards the international expansion of our successful delivery model in Ghana,” Erwin added. In order to further expand the leasing of solar assets in Ghana, REDAVIA Global Asset SCA secured a USD 2 million debt financing from ElectriFI to be invested in Ghana in conjunction with the recently signed USD 4 million innovative debt financing deal from responsAbility […] Read more
Freedom Solar Launches Commercial Solar Financing Vehicle in Texas Updated On Sat, Dec 1st, 2018 by Saurenergy The company said in a statement that financing through it allows companies to finance up to 70 percent of the cost of an entire solar installation and ensures that an investment in solar is cash-flow positive from day one. Freedom Solar Financial Services, the first solar financial vehicle of its kind in Texas, has raised […] Read more
EIB Expands Cooperation with SBI in Wind Energy Financing Updated On Sat, Nov 24th, 2018 by Saurenergy With this collaboration, the promoters of wind projects in the country will benefit from long-term low cost financing under the dedicated EUR 600 million renewable energy financing programme that is already supporting large-scale solar investment across the country. The European Investment Bank (EIB) will increase its support for India’s wind energy projects by expanding the existing lending programmes […] Read more
