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
GSSG Solar Announces Increased Commitment to Japanese Mega-Solar Updated On Tue, Mar 28th, 2017 by Saurenergy GSSG solar will be investing in the acquisition and financing of an incremental $1 billion of Japanese mega-solar plants over a three-year investment period. GSSG Solar has announced that an investment of over $120 million of additional commitments to the firm’s investments in Japanese solar projects. Through this increased capacity, GSSG will invest in the […] Read more
IREDA to sanction Rs 13,000 crore loan for renewables in FY18 Updated On Mon, Mar 27th, 2017 by Saurenergy Indian Renewable Energy Development Agency will be sanctioning Rs 13000 crore loan to meet the Government’s target of achieving 15 to 16 GW of renewable energy projects. State-run Indian Renewable Energy Development Agency (IREDA) will sanction Rs 13,000 crore for clean energy projects next fiscal in the country, vying for around 20 per cent of […] Read more
