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
ACME Solar Holdings and HG Infra Engineering Gets SEBI Approval to Launch Initial Public Offerings Updated On Tue, Dec 19th, 2017 by Saurenergy The financing of company’s Rajasthan based 200MW solar power project and debt payment and few other corporate purposes are on the list in which the raised funds from the issue to be used. ACME Solar Holdings and HG Infra Engineering are the two companies to whom the SEBI has issued approval to launch initial public […] Read more
Genex Power Appoints UGL as Preferred EPC Contractor for 270MW Kidston Solar Power Project Updated On Thu, Dec 14th, 2017 by Saurenergy UGL is a wholly-owned subsidiary of Australian publicly listed company CIMIC Group Limited, which is a world-leading infrastructure, mining, services and public private partnerships group. Genex Power Limited has announced the appointment of UGL as EPC in relation to the development of the 270MW Kidston Stage 2 Solar project (K2-Solar) at Kidston, North Queensland. The […] Read more
Europe Moves to Grow Green Economy at Paris Climate Meeting Updated On Thu, Dec 14th, 2017 by Saurenergy European leaders in Paris called for a sector-by-sector approach to investments that makes good use of the single market in the European Union. Commemorating the Paris climate agreement, European leaders said they are committed to establishing the bloc as the destination for green development. European and international delegates are in Paris for a series of […] Read more
