Egypt’s Solar Power Gets $102M Support from World Bank Agency Updated On Thu, Jan 11th, 2018 by Saurenergy The Egyptian government is moving forward on a mega project that involves private sector companies building solar and wind plants under a FiT scheme. The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group has announced a guarantee of $102.6 million for the construction of six power plants in Egypt. The power […] Read more
A State Model for Development: Inclusion of Solar in Building Bye-Laws Updated On Thu, Jan 11th, 2018 by Saurenergy The inextricable connection between state policies and development is well defined. Make in India is known to have made a tremendous inroads in invigorating the manufacturing sector. The FDI inflows reached record high levels and GDP growth rate touched the 7.5% mark. In the past few months, metrics to quantify results of state policies reverberated […] Read more
Rs 2,800 Cr To be Invested in Madhya Pradesh Based Solar Park by IFC Updated On Thu, Jan 11th, 2018 by Saurenergy Continues of the speculation by IFC will be utilized for the development, operation, and upkeep of the solar plant. In one of the greatest arrangements in the sustainable power source space, International Finance Corporation (IFC), some portion of World Bank gathering, is near contributing $440 million or Rs 2,800 crore in Rewa Ultra Mega Solar […] Read more
FMO, OPIC with Others Invests Rs 95 Cr in Orb Energy Updated On Wed, Jan 10th, 2018 by Saurenergy Based out of Bengaluru, Orb gives solar energy frameworks, for example, solar panels and water radiators and has sold more than 150,000 frameworks in India since commencement in 2006. Solar energy systems producer Orb Energy has raised over Rs 95 crore ($15 million) in a section value and part-obligation round from the Dutch improvement bank […] Read more
ReNew Power Raises Rs 2,235 Crore From NCD Updated On Wed, Jan 10th, 2018 by Saurenergy The issuance comes in two parts: the first, a credit enhanced NCD worth Rs 760 crore and the second, a multi-issuer cross-collateralised rupee bond involving multiple power distribution companies. ReNew Power Ventures Pvt. Ltd, one of India’s leading clean energy companies, has stated the closure of the issue of non-convertible debentures (NCDs) collectively worth Rs […] Read more
Green Energy: Ukraine to Launch Its First Solar Power Plant at Chernobyl Updated On Wed, Jan 10th, 2018 by Saurenergy According to the company, the solar installation is to go on stream within weeks. Ukraine’s Chernobyl is all set to launch its first solar plant to revive the abandoned territory. The new one-megawatt power plant is located just a hundred metres from the new “sarcophagus”, a giant metal dome sealing the remains of the 1986 […] Read more
FPL Opens Four New Solar Power Plants And Shuts Another Coal Plant Updated On Tue, Jan 9th, 2018 by Saurenergy FPL’s new solar plants are designed to effectively pay for themselves over their operational lifetimes. Florida Power & Light Co. has announced the latest major milestones in its ongoing strategy of advancing clean energy affordably for customers: the retirement of one of Florida’s largest coal-fired power plants and the opening of four new solar power […] Read more
Afghan Govt Approves 30 MW Solar Power Project in Kandhar Updated On Tue, Jan 9th, 2018 by Saurenergy The decision in this regard was taken by Afghan’s Ministry of Finance who said the High Economic Council (HEC) has approved 30 megawatt solar power project plan for the southern Kandahar province of Afghanistan. The government of Afghanistan has approved solar power project contracts in the country and once operational, the projects will produce up […] Read more
NEC Energy Solutions Commissions 50 MW of Grid Energy Storage Facilities in UK for VLC Energy Updated On Mon, Jan 8th, 2018 by Saurenergy The 50MW portfolio, which is now fully operational and includes a 40 MW facility in Glassenbury in Kent and a 10 MW installation in Cleator in Cumbria, represents the largest portfolio of utility-scale battery energy storage systems connected to the UK grid. NEC Energy Solutions (NEC ES), a wholly-owned subsidiary of NEC Corporation has announced […] Read more
