Rooftop Power Plants Can Save 95 Percent on Bills, Says Study Updated On Wed, Jul 4th, 2018 by Saurenergy Residents buying power from a community rooftop solar PV plant, via a subscription plan, could also save up to 35% on their electricity bills. These savings have been estimated over the 25-year lifetime of these systems. Households owning rooftop solar systems could save up to 95% on their electricity bills, says an independent study released at the CEEW Renewable Energy Dialogue […] Read more
PROINSO, Joules Power to Build First Utility-Scale Solar Project in Bangladesh Updated On Wed, Jul 4th, 2018 by Saurenergy The project is located in Teknaf, a sub-district of Cox’s Bazar, in the Division of Chittagong. It forms the southernmost point of mainland Bangladesh and has a population of over 200,000. In a first of its kind in the country, PROINSO, a global energy supplier, has commissioned a 28MWp utility-scale project in Bangladesh. PROINSO UK […] Read more
Solar Boom – A Fantastic Fillip for India! Updated On Sun, Jul 1st, 2018 by Saurenergy India’s solar boom proved to be a game changer for the country’s renewable growth trajectory, as the sector witnesses’ sharp momentum during the past four years under the leadership of Prime Minister Narendra Modi. In 2014, when he took PM’s chair, India had about 2.63 GW of solar energy capacity, which now surged to nearly […] Read more
EIB to Provide $11.75 Mn Loan for 34 MW Solar Project in Zambia Updated On Mon, Jun 25th, 2018 by Saurenergy Further, the Zambian project is promoted by Enel company and will also be supported by loans from the IFC, World Bank Group member, and IFC-Canada Climate Change Program. European Union lender, the European Investment Bank (EIB) has provided up to USD 11.75 million loan to support the 34 MW Ngonye solar power plant in Zambia. Further, the Zambian […] Read more
India Offers $75 Mn Credit Support for 100 MW Solar Project in Cuba Updated On Sat, Jun 23rd, 2018 by Saurenergy During talks, both countries agreed to enhance cooperation in the fields of renewable energy, biotechnology, traditional medicine and trade and investment. During the third leg of Indian President Ram Nath Kovind’s three nations tour, India offered a USD 75 million credit support to Cuba for a 100 MW solar power project. The President’s Secretariat said […] Read more
Viz-A-Viz with Damian Miller, CEO, Orb Energy Updated On Thu, Jun 21st, 2018 by Saurenergy Q. Could you please tell our readers about Orb Energy and its journey? NP Ramesh and I were colleagues at Shell Solar for almost seven years. After Shell exited the solar market in 2006, we secured venture funding and started Orb Energy (Orb) in India. By the start of 2007 we had started full-fledged operations […] Read more
Renesola Sells North Carolina Solar Project to Greenbacker Updated On Wed, Jun 20th, 2018 by Saurenergy As per the deal, this project will sell all power generated to the local utility under a 15-year purchase agreement. Chinese solar company ReneSola has sold its utility-scale North Carolina project to New York-based Greenbacker Renewable Energy Company. This North Carolina solar project has a capacity of 6.75 MW and represents the Chinese company’s second project sale to Greenbacker, following […] Read more
Ellomay Arm Inks EPC Pact with METKA for 300 MW Spanish Talasol Project Updated On Tue, Jun 19th, 2018 by Saurenergy This is a very significant milestone in the advancement of the Talasol project, which is expected to be one of the largest photovoltaic projects in Europe and one of the first projects to work on grid parity, that is, without subsidies, says Ran Fridrich. Israel-headquartered renewable energy company Ellomay Capital’s arm Talasol Solar has entered into an […] Read more
ReneSola Gets EUR 36 Mn Addl Funding for 55 MW Poland Projects Updated On Mon, Jun 18th, 2018 by Saurenergy All these 55 MW projects are under Poland’s Contract for Difference (CFD) regime and eligible for a 15-year guaranteed tariff. Chinese solar company ReneSola said that Sequoia Economic Infrastructure Income Fund (Sequoia) had agreed to extend senior debt facility to EUR 36 million for ReneSola’s 55 MW Poland projects, with 1MW capacity each. In December 2017, Sequoia […] Read more
