Canadian Solar closes a USD 52 million project financing facility with BayernLB Updated On Tue, May 24th, 2016 by Saurenergy Canadian Solar announces that it has closed a £36.4 million (US$52 million) project financing facility with BayernLB to refinance a portfolio of four solar power plants, totaling 40.2 megawatts in the UK. This financing facility with BayernLB is non-recourse project finance, with a term of 17 years. “We are delighted to complete this project financing […] Read more
Envision Energy Set to Power Egypt’s Gigawatt-Scale Wind Project Updated On Tue, Jan 21st, 2025 by Saurenergy Green technology firm Envision Energy has secured a contract for Saudi developer ACWA Power. The contract is for its 1.1GW onshore wind farm in Egypt’s Gulf of Suez region, set to become one of the largest in the Middle East and North Africa (MENA) region. This collaboration will significantly enhance Egypt’s renewable energy capacity, supporting the country and MENA’s energy […] Read more
Ampere Launches Magnus Neo: New Variant of Its Electric Scooter Updated On Wed, Jan 15th, 2025 by Saurenergy Greaves Electric Mobility Limited (GEML), the e- mobility division of Greaves Cotton Limited, has introduced Ampere Magnus Neo, an enhanced variant of its Magnus electric scooter. The company said the Magnus Neo is designed to make eco-friendly commuting more accessible, stylish, and affordable for everyone. “The Magnus Neo represents the evolution of Ampere’s Magnus EX […] Read more
Finance On Agenda At IRENA’s 15th Assembly Updated On Tue, Jan 14th, 2025 by Saurenergy Renewable energy capacity must triple and the rate of annual energy efficiency increases must double by 2030. This translates into a cumulative investment of USD 31.5 trillion to renewable power, electrical networks, flexibility measures, energy efficiency, and conservation, by 2030. The role of emerging economies will be key in achieving the levels of investments in […] Read more
Sunsure Energy Gets Rs 400 Cr Debt Funding From Aseem Infrastructure Updated On Tue, Jan 14th, 2025 by Saurenergy New Delhi-based Sunsure Energy has secured Rs 416.35 Crore in long-term debt financing from Aseem Infrastructure Finance Limited to fund the development of Sunsure’s 150 MWp open-access solar park in Solapur, Maharashtra. The 1st phase of the plant has already been commissioned, with the full plant is expected to be commissioned by March 2025. Sunsure is […] Read more
PM-KUSUM (Comp A): Centre Allocates 5 GW Capacity To Rajasthan Updated On Fri, Jan 10th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now ordered allocating an additional 5,000 MW capacity to Rajasthan under the PM Kusum (Component A) Scheme. Union Minister for New and Renewable Energy Prahlad Joshi allocated the additional quota to the state after receiving a representation from Rajasthan Chief Minister Bhajan Lal Sharma and a […] Read more
IREDA Q3 Results- PAT Up 26.7% on 25% Rise In Disbursements Updated On Fri, Jan 10th, 2025 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA) has announced its financial results for the third quarter of FY 2024-25, showcasing significant growth across key financial metrics. As the nation’s largest pure-play Green Financing NBFC, IREDA has been focusing on publishing its Quarterly Audited Financial Results quickly, in this case within just 9-days. Key Highlights of […] Read more
ib vogt Sells 780 MWp Greek Renewables Portfolio To Faria Renewables Updated On Thu, Jan 9th, 2025 by Saurenergy International renewable energy development platform ib vogt has entered into an agreement with Faria Renewables, a Greek renewables IPP. Under this agreement, ib vogt would sell its Greek project portfolio to Faria Renewables, a developer backed by Omnes Capital’s Capenergie 5 fund and the Faria Group. The portfolio comprised around 780 MWp of solar PV […] Read more
Husk’s Solar Capacity Hits 20 MW, 100 MW Pipeline Set For 2025 Updated On Tue, Jan 7th, 2025 by Saurenergy MiniGrid operator Husk recently electrified 200 new communities in 12 months, doubling its fleet of solar mini-grids. Husk is now present in over 400 communities in rural Sub-Saharan Africa and South Asia, serving more than 1.5 million people and over 30,000 small businesses. Its community electrification projects are spread across rural India and Nigeria. This […] Read more
