First Solar sells 250MW Moapa Solar Project to Capital Dynamics Updated On Fri, Mar 31st, 2017 by Saurenergy PV solar systems provider First Solar has sold the cash equity interests in the 250MW Moapa Southern Paiute Solar Project to Capital Dynamics. First Solar has announced that it has completed the sale of the cash equity interests in the 250MWac Moapa Southern Paiute Solar Power Project in Nevada to global private asset manager Capital […] Read more
Tata Power, Renew Power Top List Of Large-Scale Solar Project Developers In India: Mercom Capital Updated On Fri, Jan 13th, 2017 by Saurenergy Tata Power has come out on top with the largest share of operating solar projects in India, while ReNew Power comes out on top for the largest pipeline of large-scale projects in the country. Utility scale solar in India has witnessed aggressive growth over the past two years with installations of approximately 9 GW to […] Read more
Hero Future Energies Raises USD 125 Million from World Bank’s private investment arm to fund RE projects Updated On Thu, Jan 5th, 2017 by Saurenergy HFE signed an agreement with IFC for the investment, the proceeds of which will be used to fund the construction of wind and solar power plants Hero Future Energies (HFE) has raised US$ 125 million in equity infusion from International Finance Corporation (IFC), the World Bank’s private investment arm. HFE signed an agreement with IFC […] Read more
10 Indian states accounting for approximately 90 percent of all solar installations and pipeline: Mercom Capital Updated On Fri, Dec 16th, 2016 by Saurenergy Mercom Capital in its recent report has revealed that top 10 states in the country accounting for approximately 90 percent of all solar installations and pipeline. According to the research firm as of December 2016India has a total installed large-scale solar capacity of 9,018 MW and a solar pipeline of 14,030 MW. The top 10 […] Read more
ACWA Power launches new clean energy division to capitalize on the MENA market potential Updated On Fri, Nov 11th, 2016 by Saurenergy ACWA Power is all set to launch a new clean energy company to accelerate growth of its current renewable energy portfolio of 1 GW and capitalize on the rapidly growing market potential for renewable energy in emerging markets. According to UN Environment Programme (UNEP) in 2015, US$266 billion was invested globally in renewable power capacity, […] Read more
Total corporate funding in the solar sector in Q3 2016 was $3 billion: Mercom Capital Group Updated On Wed, Oct 12th, 2016 by Saurenergy Mercom Capital Group has released a report on funding and merger and acquisition (M&A) activity for the solar sector in the third quarter of 2016. According to the global clean energy communications and consulting firm total corporate funding, including venture capital and private equity (VC) funding, public market and debt financing into the solar sector in Q3 2016 was up […] Read more
Azure Power Ties up with Overseas Private Investment Corporation (OPIC) Updated On Tue, Oct 4th, 2016 by Saurenergy Azure Power has announced that it has partnered with U.S. Government’s development finance institution- Overseas Private Investment Corporation (OPIC) for long-term low-cost debt financing facility of USD 20 million for 15 years at a cost of capital of 4.74%. The company will utilize the load to construct 19 MW new solar rooftop projects across multiple […] Read more
SPI Energy signs non-binding framework agreement with GSR GO Scale Capital Updated On Tue, Jul 5th, 2016 by Saurenergy SPI Energy, a global provider of photovoltaic (PV) solutions has signed a non-binding framework agreement with private equity firm GSR GO Scale Capital Advisors for the issue of US$500 million convertible bonds by the Company. GSR GO Scale Capital will act as an investment advisor to bond holders in order to build the largest capacity […] Read more
Government to set up a pool of capital to fund research on green energy technologies: Piyush Goyal Updated On Wed, May 11th, 2016 by Saurenergy Minister of Power, Coal and New & Renewable Energy, Piyush Goyal delivering Keynote address on Tuesday at a conference on ‘The Future of Electricity’ said “the future of electricity in India rest on the pillars of affordability, sustainability and country’s energy security.” India’s electricity consumption is going to increase fourfold from 1.1 trillion units to […] Read more
