EBRD Approves US$ 500 Million for Private Renewable Energy Projects in Egypt Updated On Fri, Jun 9th, 2017 by Saurenergy The European Bank for Reconstruction and Development (EBRD) financing will support the development of private renewable energy projects under the Egyptian government’s feed-in-tariff programme. The European Bank for Reconstruction and Development (EBRD) has taken a major step forward in the rollout of renewable energy with the approval of a US$ 500 million framework to finance […] Read more
First Solar Secures Syndicated Development Loan Facility from Mizuho for Solar Projects in Japan Updated On Fri, Jun 9th, 2017 by Saurenergy This financing represents the first syndicated solar project development loan facility arranged and participated in by Mizuho Bank, and it is the third loan facility First Solar has secured with Mizuho Bank. First Solar has announced that it has signed a syndicated development loan facility agreement of approximately $64 million with Mizuho Bank for utility-scale […] Read more
SkyPower, China Huayang Group Partners to Develop Solar Energy Projects around the World Updated On Thu, Jun 8th, 2017 by Saurenergy Huayang has selected SkyPower to be its global partner to develop, build, and operate large utility-scale solar projects in key strategic markets. SkyPower and China Huayang Economic and Trade Group Co., has entered into a partnership to develop solar energy projects around the world. Huayang in a statement said that it has selected SkyPower to […] Read more
Cabinet approves Initial Public Offer of Indian Renewable Energy Development Agency Limited Updated On Wed, Jun 7th, 2017 by Saurenergy The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval to: (a) issue 13,90,00,000 fresh equity shares of Indian Renewable Energy Development Agency (IREDA) of Rs.10 each to the public on book-building basis through the IPO; (b) issue shares to retail investors and IREDA employees at a […] Read more
Emel Solar announces sale of Wirsol’s 105 MW portfolio of solar projects to Rockfire Capital Updated On Tue, Jun 6th, 2017 by Saurenergy Emel worked with Wirsol to market the 105 MW portfolio of solar project and help identify the right financing partner. The deal was completed in two months, according to Rockfire chief executive Liam Kavanagh Emel Solar Limited has announced the sale of Wirsol’s 105 MW portfolio of solar projects located throughout the UK to a […] Read more
Solar Irrigating: Farmers not only selling excess power but also saving ground water Updated On Mon, Jun 5th, 2017 by Saurenergy Solar Pump Irrigators’ Cooperative Enterprise (SPICE), which began operating in May 2016, not only made a switch from diesel to solar pumps but also adopted net metering – selling excess power to the local electricity utility. Phodabhai Parmar, a 72-year-old farmer, sits on a charpai sipping tea as solar panels gleam in the fields behind […] Read more
SBI to Finance Rs 400 crore for 100 MW of Rooftop Solar Power Projects Updated On Sat, Jun 3rd, 2017 by Saurenergy With the World Bank-funded capacity development program, the SBI aims to expand and incentivize the market for rooftop solar power projects by way of low cost financing. The State Bank of India has announced its decision to finance 100 MW Solar Power Project worth Rs 400 crore. To this regard, the SBI has secured a […] Read more
ADB and PNB sign $100 million loan to finance Solar Rooftop projects Updated On Fri, Jun 2nd, 2017 by Saurenergy PNB will use the ADB funds to make further loans to various developers and end users to install rooftop solar systems. The Asian Development Bank (ADB) and the Punjab National Bank (PNB) recently signed a $100 million loan to finance large solar rooftop systems on industrial and commercial buildings throughout India. The loan will be […] Read more
SECI to Launch Overseas Arm to Meet Demand for Solar Power Production Updated On Sat, May 27th, 2017 by Saurenergy SECI is looking forward to launch an overseas arm by the name SECI Videsh to meet the Solar Power Production demand from globally. In a bid to cater to the overseas demand for solar power, the Solar Energy Corporation of India (SECI) is mulling international foray along with International Solar Alliance (ISA). The renewable energy […] Read more
