IFC Invests Rs 667 Crore in L&T Infrastructure for Solar Power Projects Updated On Fri, Jul 7th, 2017 by Saurenergy L&T Infrastructure Finance Co will use the fund to provide loan to solar power projects across India. The World Bank’s private financing arm IFC has invested Rs 667 crore ($103 million) in L&T Infrastructure Finance Co by subscribing to the first official Green Bonds in India, as stated in a joint statement by both the […] Read more
JinkoSolar Japan signs a JPY4.1 billion syndicated loan agreement with Japanese bank led bySMBC Updated On Tue, Jun 27th, 2017 by Saurenergy “This loan agreement demonstrates the trust and recognition of a respected financial institution in JinkoSolar’s brand, business scale, operations and financial position. We look forward to working closely with SMBC and other local banks to further expand our business in Japan” JinkoSolar has announced that it has signed a JPY4.1 billion syndicated loan agreement up […] Read more
SECI invite bids for 750 MW grid connected solar PV power project in Rajasthan Updated On Wed, Jun 21st, 2017 by Saurenergy Solar Energy Corporation of India (SECI) notes that RfS document for the 750 MW solar project will be available for download from 21st June at 3pm. Last date for submission of is 4th August Solar Energy Corporation of India Limited (SECI) is inviting bid for setting up of 750MW grid connected solar PV power projects […] Read more
Central Railways floats tender for 1 MW rooftop solar project at Matunga in Mumbai Updated On Mon, Jun 19th, 2017 by Saurenergy Last date for the submission of the bid for 1 MW rooftop solar project at the Central Railways carriage workshop at Matunga in Mumbai is July 3, 2017 and the estimated project cost is Rs.80 million. The Central Railways recently floated tender for 1 MW rooftop solar project at the Central Railways carriage workshop at […] Read more
GameChange Solar Unveils $2 Billion Capital Intro Program to Fund Solar Projects Updated On Fri, Jun 16th, 2017 by Saurenergy GameChange Solar has expanded its capital introduction program to fund solar projects across the United States GameChange Solar has announced that it has expanded its capital introduction program to fund solar projects across the United States to over $2 billion in available capital. The program is primarily in concert with five leading funding sources, two […] Read more
Azure Power Taps IBRD (World Bank) Loan to Scale its solar rooftop platform Updated On Fri, Jun 16th, 2017 by Saurenergy The loan is for 15 years with an interest rate of 8.35% per annum, one of the lowest interest rates availed by a solar power developer in the Indian solar sector to date. The loan will be utilized to scale Azure Roof Power, Azure Power’s solar rooftop platform. Azure Power, an independent solar power producer […] Read more
Viz-A-Viz with Xiande Li | Chairman | JinkoSolar Holding Co., Ltd. Updated On Thu, Jun 15th, 2017 by Saurenergy JinkoSolar recently completed financial agreements for 1,177 MW Sweihan PV Power Project in Abu Dhabi, this is not the company’s first participation in a large international bid of the highest level, JinkoSolar has already bagged 250MW project in Mexico and 94MW in Argentina. However, this Abu Dhabi project is of 1.177 GW so what does […] Read more
Mytrah Energy reports USD 362.23mn in revenue Updated On Wed, Jun 14th, 2017 by Saurenergy The renewable power producer Mytrah Energy entered into PPAs for 140 MW of solar power capacity, bringing the total to 422 MW AC in Telangana, Punjab and Karnataka Renewable energy company Mytrah Energy Ltd. announced its full year results for the year ended 31 December 2016. The company reported full year revenues of USD 362.23mn, […] Read more
EBRD Invests in Second Solar Park in Kazakhstan Updated On Tue, Jun 13th, 2017 by Saurenergy The EBRD’s investment in the southern Zhambyl region follows Burnoye Solar Park -1, the award-winning first utility-scale renewable energy project in Kazakhstan under the new legislation which enabled private investment in the sector. The European Bank for Reconstruction and Development is financing the 50 MW Burnoye Solar Park-2 project in Kazakhstan in partnership with the […] Read more