AIIB Sets Aside $75 mn Loan for Renewables Financing in India Updated On Mon, Nov 18th, 2019 by Saurenergy AIIB has ramped up its investments in India with a USD 75 million loan to boost private capital investment in renewable energy, power transmission, etc. The Asian Infrastructure Investment Bank (AIIB) has ramped up its investments in India with total in-country financing now standing at USD 2.9 billion. Two of its most recent projects—approved by […] Read more
LG Chem EV Battery Gigafactory in Poland to be Powered by EBRD Updated On Sat, Nov 16th, 2019 by Saurenergy EBRD has extended a long-term loan of EUR 250 million to support the construction of an EV battery gigafactory in Poland by LG Chem The European Bank for Reconstruction and Development (EBRD) has announced that it has extended a long-term loan of EUR 250 million to support the construction of an EV battery gigafactory in Wrocław […] Read more
DTEK Crosses 1 GW Mark in RE Generation With new 100 MW Wind Plant Updated On Sat, Nov 16th, 2019 by Saurenergy DTEK has commissioned the 100 MW Orlivska Wind Power Plant in Ukraine. In doing so, the company has put 1 GW of renewable energy in operation by 2020. DTEK in the partnership with the Danish company Vestas, the world’s leading wind turbine producer, has accomplished the construction of the Orlivska Wind Power Plant, a 100 […] Read more
Azure Power Quarterly Revenue up 28% at $40.3 Million Updated On Sat, Nov 16th, 2019 by Saurenergy Azure Power has announced its consolidated results under the United States GAAP for the fiscal Q2 2020, reporting an increase in revenue of 28 percent Azure Power, a leading independent solar power producer in India, has announced its consolidated results under the United States Generally Accepted Accounting Principles (GAAP) for the fiscal second quarter 2020, […] Read more
Sterling and Wilson Solar Net Profit up 36% in Q2 2019, Stock Slumps Updated On Sat, Nov 16th, 2019 by Saurenergy Sterling and Wilson Solar has reported a 36 percent rise in consolidated net profit at Rs 79.40 crore for the second quarter of this fiscal. Sterling and Wilson Solar on November 15, 2019, issued its financial results for the quarter ended September 30, 2019, reporting a 36 percent rise in consolidated net profit at Rs 79.40 crore […] Read more
Jinko’s High Efficiency Module Tiger Already Places the Company Ahead of Competitors Updated On Fri, Nov 15th, 2019 by Saurenergy JinkoSolar’s worldwide market share has grown significantly over the past few years. Its continuous improvements in product line has reflected well into its increasing sales per quarter. Market entry of new Tiger module launched at All Energy Australia last month, has been reviewed well with marked gains in efficiency and overall performance. 460 Wp Tiger […] Read more
ADB Secures GCF Funding for Innovative Climate Finance Fund in China Updated On Fri, Nov 15th, 2019 by Saurenergy GCF has approved $100 mn in funding for an ADB project in Shandong province in China to mobilise financing for climate change mitigation and adaptation. The Green Climate Fund (GCF) has approved USD 100 million in funding for an Asian Development Bank (ADB) project in Shandong province in the People’s Republic of China (PRC) that […] Read more
ISTS Charges Waived for Solar & Wind Projects Commissioned by 2022 Updated On Fri, Nov 15th, 2019 by Saurenergy Ministry of Power has announced that ISTS charges for solar and wind energy projects will be waived off if they are commissioned before December 31, 2022 The Ministry of Power (MoP) has announced that the Interstate Transmission System (ISTS) charges and losses on the transmission of electricity generated from solar and wind energy projects will […] Read more
Octopus Acquires 9 Wind Farms from RES Group in $110 mn Deal Updated On Fri, Nov 15th, 2019 by Saurenergy Octopus Renewables has agreed to purchase 9 wind energy farms in the UK, France and Ireland from RES Group for USD 110 million Octopus Renewables has agreed to purchase nine wind energy farms in the UK, France and Ireland from RES Group for a reported fee in the region of GBP 100 million (USD 110 […] Read more
