NDB, ISA Join Hands to Promote Solar Energy Updated On Tue, Mar 13th, 2018 by Saurenergy The Declaration was signed by K V Kamath, the NDB President and Upendra Tripathy, Interim Director General of ISA, in the presence of Finance Minister Arun Jaitley. The New Development Bank (NDB), formerly known as the BRICS Development Bank, and International Solar Alliance (ISA) has tied up to promote solar energy across the globe. “On […] Read more
ADB, ISA Sign Pact to Promote Solar Energy Updated On Mon, Mar 12th, 2018 by Saurenergy The ISA and the ADB would also cooperate on knowledge sharing and developing technology roadmaps for the promotion of solar energy. The Asian Development Bank (ADB) and the International Solar Alliance (ISA) has signed a cooperation arrangement to promote solar energy deployment in Asia and the Pacific. Upendra Tripathy, ISA interim director general and ADB […] Read more
Modi, Macron Inaugurate Solar Power Plant in UP Updated On Mon, Mar 12th, 2018 by Saurenergy The solar plant was built at a cost of around Rs 500 crore by French firm ENGIE. Prime Minister Narendra Modi and French President Emmanuel Macron has jointly inaugurated the Uttar Pradesh’s (UP’s) biggest solar power plant, which was built at a cost of around Rs 500 crore by French firm ENGIE. The 75 MW […] Read more
Don’t Grant Loans to Huge Loss Making Discoms, says RK Singh to REC, PFC Updated On Fri, Mar 9th, 2018 by Saurenergy He said that many distribution companies have been making heavy transmission and distribution (T&D) losses and it may be difficult for them to repay the loans. In a review meeting, the Union Minister of State (IC) Power and New & Renewable Energy, R K Singh has directed the two financing arms of the Power Ministry […] Read more
EIB to Sign Loan Agreement with India for Renewable Energy Projects on March 10 Updated On Thu, Mar 8th, 2018 by Saurenergy The EIB claimed that it is the world biggest financier of climate action and clean energy projects. In 2017 the EIB financed EURO 19.6 billion of climate action projects, which is about 28 percent of its total financing. In a significant development, European Investment Bank (EIB) said it will ink an agreement on Saturday to […] Read more
ISA Plans to Invite 50 Solar Proj Dev, Bankers at Action-to-Transaction Meet Updated On Mon, Mar 5th, 2018 by Saurenergy The move has come to provide golden opportunity for project developers, solar equipment manufacturers for interaction with banks to secure funds they are looking for the bankable solar energy and related projects for financing and implementation in India and ISA Member countries. The International Solar Alliance (ISA) and the Ministry of New and Renewable Energy (MNRE) […] Read more
Brazil Set to Join International Solar Alliance Updated On Mon, Mar 5th, 2018 by Saurenergy Brazil has surpassed 1.1 GW of installed solar capacity, with large-scale facilities accounting for 935 MW. It has also started the process of joining the International Renewable Energy Agency (IRENA). In a significant development, the National Congress of Brazil is reviewing a plan for the country to join the International Solar Alliance (ISA), says the […] Read more
Canadian Solar Secures $149m Loan for 53 MW in Japan Updated On Mon, Mar 5th, 2018 by Saurenergy The Oita Hijimachi solar power project is located in southern Japan. Construction of the project commenced in November 2017. Canadian Solar announced that it has secured a non-recourse project finance facility of up to JPY16 billion ($149 million) from Shinsei Bank, Limited for its 53.4 MWp Oita Hijimachi solar power project. The non-recourse facility has […] Read more
Intersolar India is celebrating its 10th anniversary in Bengaluru – the Silicon Valley and technology hub of India Updated On Thu, Mar 1st, 2018 by Saurenergy Solar developments in India grew exponentially in 2017. Further announcements and new market opportunities in the energy storage and electric mobility sector strengthen India to become an interesting and very promising market in the future. The state of Karnataka is one of the most flourishing Indian solar markets and the first Indian state to launch […] Read more
