IDFC Alternatives looking to buy First Solar’s 200 MW assets in India for $200 million: Report Updated On Thu, Apr 13th, 2017 by Saurenergy IDFC Alternatives is interested in acquiring First Solar’s 200 MW power generation assets price valued at around Rs 200 million. IDFC is reportedly in talk with First Solar to buy its 200 MW worth of renewable energy assets in India. Live Mint citing close sources to the development reports that IDFC Alternatives is interested in […] Read more
Solar Alliance Announces Private Placement Updated On Tue, Apr 11th, 2017 by Saurenergy Solar Alliance notes that each unit will consist of one common share of the Company (each, a “Common Share”) and one Common Share purchase warrant (each, a “Warrant”), with each Warrant entitling the holder thereof to purchase one Common Share at a price of $0.30 per Common Share for a period of two (2) years […] Read more
SunPower Solar Installation Underway at New Toyota Headquarters Updated On Mon, Apr 10th, 2017 by Saurenergy The SunPower solar system is expected to generate enough clean energy to offset approximately 33 percent of the headquarters’ energy needs, reducing Toyota’s reliance on traditional electricity from the grid SunPower has announced that construction has begun on an 8.79-megawatt SunPower solar system at Toyota Motor North America’s new headquarters in Plano, Texas, which the […] Read more
India and ADB Sign $175 Million Loan Agreement to help improve Solar Transmission System Updated On Fri, Apr 7th, 2017 by Saurenergy Asian Development Bank has granted $175 Million Loan Agreement to India for supporting construction of high voltage transmission systems to evacuate power generated from new mega solar parks. The Government of India and the Asian Development Bank (ADB) signed a $175 million loan agreement to support construction of high voltage transmission systems to evacuate power […] Read more
Contradiction in Key Markets Predicts Sluggish Growth Of Global PV Demand: IHS Markit Updated On Thu, Apr 6th, 2017 by Saurenergy A report from HIS Markit suggests that there will be 2 percent increase over the 78 GW installed in 2016, and will reach 79 GW in 2017. According to IHS Markit (London, UK), global demand for solar photovoltaics (PV) will reach 79 GW in 2017, a slight 2 percent increase over the 78 GW installed […] Read more
Canadian Solar Raises JPY5.4 Billion with Inaugural Dual-Tenor Green Project Bond in Japan Updated On Mon, Apr 3rd, 2017 by Saurenergy The JPY5.4 billion (US$47.0 million) dual-tenor green project bond was issued to finance Canadian Solar’s 19.05 MWp Gunma Aramaki Solar Power Plant in Gunma Prefecture, Japan. Canadian Solar Inc. has announced completion of its second green project bond placement with Goldman Sachs Japan Co., Ltd. The JPY5.4 billion (US$47.0 million) dual-tenor green project bond was […] Read more
Asia Clean Capital and LONGI Solar Team Up to Build High Efficiency Distributed Solar PV Updated On Mon, Apr 3rd, 2017 by Saurenergy LONGI Solar has created a partnership with Asia Clean Capital to co-develop an identified 300 Megawatts Solar PV Projects in Mainland China. Asia Clean Capital has announced a cooperation agreement with LONGI LERRI Solar Technology Co., Ltd (“LONGI Solar”), a fully-owned subsidiary of LONGI Green Energy Technology Co., Ltd., to co-develop an identified solar PV […] Read more
European Investment Bank Sanctions EUR 200 Million for Indian Large-Scale Solar Power Projects Updated On Mon, Apr 3rd, 2017 by Saurenergy The State Bank of India gets EUR 200 Million long-term loan from European Investment Bank to fund five different solar power projects in Tamil Nadu and Telangana. The European Investment Bank has confirmed new support for solar power generation in India in partnership with the State Bank of India. The EUR 200 million (INR 1400 […] Read more
Canadian Solar Secures JPY4 Billion Credit Facility with SMFL Updated On Thu, Mar 30th, 2017 by Saurenergy Canadian Solar intends to use proceeds from the facility to expand the development of solar energy projects in Japan. Canadian Solar Inc. has announced that its wholly-owned subsidiary Canadian Solar Projects K.K. has entered into a 3-year credit agreement for JPY4 billion (US$35 million) with Sumitomo Mitsui Finance and Leasing Company, Limited (“SMFL”), a member […] Read more