Rs 2,800 Cr To be Invested in Madhya Pradesh Based Solar Park by IFC Updated On Thu, Jan 11th, 2018 by Saurenergy Continues of the speculation by IFC will be utilized for the development, operation, and upkeep of the solar plant. In one of the greatest arrangements in the sustainable power source space, International Finance Corporation (IFC), some portion of World Bank gathering, is near contributing $440 million or Rs 2,800 crore in Rewa Ultra Mega Solar […] Read more
Solar Power Projects Get Assistance from International Institutions: Government Updated On Fri, Jan 5th, 2018 by Saurenergy The assistance for solar power projects under such schemes are available to all States/UTs depending on requirement and demand. The Government has various solar power programmes which are being implemented through assistance of World Bank, International Finance Corporation and other multilateral financial institutions. This was stated by Power and New & Renewable Energy Minister, Raj […] Read more
ReneSola Connects 90MW of Distributed Generation Projects in China Updated On Wed, Jan 3rd, 2018 by Saurenergy ReneSola’s rooftop project business in China continues to gain traction, and remains optimistic about the opportunities ahead. ReneSola Ltd, a leading solar project developer and operator has announced that it connected over 90MW of rooftop projects in China in the second half of 2017. It intends to hold over 70MW of these projects and provided […] Read more
Greenbacker Acquires to be Constructed 26 MW Solar Project in California Updated On Fri, Dec 29th, 2017 by Saurenergy Once operational, Midway III will sell all the power generated to a large California utility through a 20-year fixed-price power purchase agreement. Greenbacker Renewable Energy Company LLC says it has purchased Midway III, to be constructed 26 megawatt solar project in California from Solar Frontier Americas Holdings LLC through a wholly-owned subsidiary. Midway III is […] Read more
Canadian Solar announces the Commercial Operation of 19.1 MW Solar Power Plant in Tokyo Updated On Thu, Dec 28th, 2017 by Saurenergy Earlier on April 3, 2017, the Company announced it had raised JPY 5.4 billion for the Gunma Aramaki project through a dual-tenor green project bond. Canadian Solar Inc., one of the world’s largest solar power companies, today announced that it has reached commercial operation on its 19.1MWp Gunma Aramaki solar power plant, located approximately 100km northwest of Tokyo, Japan. […] Read more
Year End Review 2017 –MNRE Updated On Wed, Dec 27th, 2017 by Saurenergy Government is on its way to achieving 175 GW target for installed Renewable Energy capacity by 2022 India attains 6th position in global Solar Power installed capacity By November 2017, a total of 62 GW Renewable Power installed, of which 27 GW installed since May 2014 and 11.79 GW since January 2017 Historic Low Tariffs […] Read more
Solar Power Saves Government’s Money and Key to Environment Protection: C P Singh Updated On Sat, Dec 23rd, 2017 by Saurenergy Jharkhand, which produces just about 30MW of solar power as of now, experiences 300 days of clear skies a year and has the potential to take the figure to 18,000MW. Jharkhand Urban Development Minister CP Singh has emphasised to promote solar power generation in the state as traditional methods were polluting the environment. According to […] Read more
Waaree Energies Limited Raises Rs 100 crore From Centrum Financial Services Limited Updated On Thu, Dec 21st, 2017 by Saurenergy Centrum Group, controlled by ex-Standard Chartered top leader, Jaspal Bindra, made the investment through its non-banking finance arm. The integrated solar power solutions company, Waaree Energies Limited raised Rs 100 crore from Centrum Financial Services Limited for helping the Mumbai-based alternate energy equipments firm’s capacity expansion through a structured financing deal. Founded in 1989 and headquartered […] Read more
YES Bank, EIB to Invest $400mn in Indian Renewable Energy Sector Updated On Wed, Dec 20th, 2017 by Saurenergy The new $400 million private sector renewable energy financing programme is divided into two components. Of the $400-million, the EIB will fund $200 million, while the rest will be supported by YES Bank. YES Bank and the European Investment Bank will jointly invest $400-million funding for renewable power generation in the country. “The new financing […] Read more
