Avaada Energy Secures Rs 1000 Cr Investment From ADB, DEG and FMO Updated On Tue, Apr 9th, 2019 by Saurenergy Avaada is targeting an extensive portfolio of 5 GW solar projects across Asia and Africa of which about 2.4 GW capacities are under implementation. Avaada Energy has announced that it has received an investment of Rs 1,000 crore for financing its 2.4 GW solar energy portfolio of the targeted 5 GW capacity in Asia and Africa. The investment has come from Asian Development Bank; DEG, the […] Read more
Fourth Partner Energy Commissions Rooftop Solar Projects Over 3 MW in Telangana Updated On Tue, Apr 9th, 2019 by Saurenergy In Telangana, the scheme provides for government offices to switch to solar power at zero capital costs, and avail electricity at a flat rate of Rs 3.14/unit for 25 years. Fourth Partner Energy, one of India’s leading distributed solar rooftop energy company, has announced the commissioning of 8 solar projects with a capacity of 3116 […] Read more
Renesola & Nautilus Complete Acquisition of 21.1 MW Minnesota Community Solar Portfolio Updated On Mon, Apr 8th, 2019 by Saurenergy Nautilus has acquired a 21 MW community solar portfolio, which is the largest community solar portfolio developed by ReneSola in Minnesota. In a joint statement, ReneSola, a leading fully-integrated solar project developer and provider of energy-efficient products, and Nautilus Solar Energy, a leading national solar project acquisition, development and asset management company, announced Nautilus’s acquisition […] Read more
UNDP Tenders For 10.5 MW Solar Power Projects in Gambia Updated On Fri, Apr 5th, 2019 by Saurenergy The last date of bid submission is April 23, 2019. The United Nations Development Program (UNDP) has invited interested companies to submit expressions of interest (EoI) for the deployment of two solar PV projects (Project I and Project II) in the Gambia to be implemented by a single Independent Power Producer (IPP). Project 1 will […] Read more
$1 Bn Green Finance Facility Launched to Boost ASEAN Green Infra Investments Updated On Fri, Apr 5th, 2019 by Saurenergy The new facility will provide loans and necessary technical assistance for sovereign green infrastructure projects such as sustainable transport, clean energy, and resilient water systems. Southeast Asian governments, the Asian Development Bank (ADB), and major development financiers have launched the “ASEAN Catalytic Green Finance Facility”, a new initiative to spur more than $1 billion in […] Read more
Cancellations in 2018 continue to cast a shadow over 2019 Solar and Wind Projections Updated On Fri, Apr 5th, 2019 by Saurenergy With total cancellations of close to 8500 MW, which would have drawn in investments of close to $ Six billion, India’s regulators at both central and state level continue to fend off criticism for the way they are running the show For the renewable sector in India, 2018 was the year which began with so […] Read more
World Bank Grants $148Mn to Finance Access to Electricity in Mozambique Updated On Thu, Apr 4th, 2019 by Saurenergy The World Bank has approved an $82 million grant to increase access to electricity in five of the poorest provinces of Mozambique, including Niassa, Nampula, Zambezia, Cabo Delgado and Sofala. The project is also supported through a $66 million Multi-Donor Trust Fund administered by the Bank. With the potential to benefit about 1.5 million people, […] Read more
Deloitte Proposes Roadmap for Achieving India’s 40 GW Rooftop Solar Target by 2022 Updated On Wed, Apr 3rd, 2019 by Saurenergy Scaling up rooftop solar in the MSME sector in India requires addressing issues related to lack of low-cost financing, inadequate level of awareness, and lack of rooftop aggregation models. In order to achieve the government’s ambitious target of building 40 GW of rooftop solar capacity by 2022, professional services and consultancy firm Deloitte has suggested […] Read more
Urban Development Dept Issues Tender For 340 kW Rooftop Solar on HDMC Buildings Updated On Wed, Apr 3rd, 2019 by Saurenergy The last date for bid submission is May 8, 2019 The Urban Development Department (UDD) on behalf and for the Hubli – Dharwad Municipal Corporation (HDMC) has issued tender for setting up of rooftop solar projects totalling 340 kW on net metering or gross metering models at multiple locations owned by HDMC in the Hubballi […] Read more
