European Investment Bank Signs Partnership Pact with Solar Alliance Updated On Sat, Oct 7th, 2017 by Saurenergy This new agreement reflects shared commitment to successful implementation of the Paris Climate Agreement and ensuring that solar rich economies can harness solar power to increase supply of affordable clean energy. The European Investment Bank (EIB) has agreed on a new partnership with the International Solar Alliance to mobilise finance to develop and deploy affordable […] Read more
Sonnedix Announces Partnership and Acquisition of Controlling Interest in Cox Energy Chile SpA Updated On Wed, Oct 4th, 2017 by Saurenergy As a result of the acquisition, Sonnedix has secured a 20-year off-take commencing in 2022 and the option to acquire a 74 MW solar project that adds to its current development portfolio of more than 250 MW. Sonnedix has announced the acquisition of a controlling interest in Cox Energy Chile SpA and a strategic […] Read more
French companies looking to invest in India in areas of renewables, defense, infrastructure Updated On Fri, Sep 29th, 2017 by Saurenergy A 45-member French delegation from sectors such as transport, logistics, ports & shipping, energy, environment, construction, infrastructure, digital sector, bank, insurance and legal services is in the city. French companies are exploring investment opportunities in India in areas of defence, infrastructure, renewable energy, and waste & water management & recycling. A 45-member French delegation from […] Read more
ADB Expands Clean Energy Project in India with AIIB Co-financing Updated On Thu, Sep 28th, 2017 by Saurenergy The ADB financing comprised a $500 million government-backed loan and a further $500 million in non-sovereign lending to India’s national transmission company, Power Grid Corporation of India Limited (POWERGRID). The Asian Development Bank (ADB) has agreed to finance additional power transmission network components with co-financing from the Asian Infrastructure Investment Bank (AIIB) that will connect […] Read more
JLM Energy announces $25-million project finance investment Updated On Wed, Sep 27th, 2017 by Saurenergy The investment was arranged by GoldenSet Capital Partners as subadvisor to the North Sky Alliance Fund II. CohnReznick Capital was the advisor to JLM Energy in this transaction. JLM Energy, a renewable energy technology company, has announced that it has secured $25 million to finance distributed energy storage projects for Commercial & Industrial (C&I) customers. […] Read more
Mytrah Energy Successfully Raises Rs. 1800 Crore Updated On Tue, Sep 19th, 2017 by Saurenergy The 1800 crore fund is being invested in the form of non-convertible debentures (“NCDs”) with a 7-year tenor into two Mytrah Group entities, Mytrah Energy (India) Private Limited (Rs. 980 crores) and Mytrah Ujjwal Power Private Limited (Rs. 820 crores). Mytrah, the Hyderabad-based renewable power producer has raised Rs 1,800 crores from Piramal Group’s financial […] Read more
JinkoSolar Set to Dazzle at the Renewable Energy India Expo 2017 Updated On Tue, Sep 19th, 2017 by Saurenergy JinkoSolar will showcase the Eagle MCT, Eagle MCT MX 72, Eagle PERC 72, Bifacial N-Type 72 and Eagle 1500V modules at the Renewable Energy India Expo 2017. JinkoSolar Holding Co., Ltd., the global leader in the photovoltaic (“PV”) industry today announces its presence at the 11th Renewable Energy India Expo (REI) from 20th – 22nd […] Read more
IESA commemorates World Energy Storage Day by organizing policy roundtable Updated On Fri, Sep 15th, 2017 by Saurenergy The objective of this forum is to have a dialogue between thought leaders from industry and the policy makers to identify policy priorities that can help drive adoption of energy storage in India and make India a global hub for manufacturing of advanced energy storage technologies by 2020 said IESA. To commemorate on the 1st […] Read more
Fronius is a Pioneer in the Expansion of Renewable Energy in Iran Updated On Wed, Sep 13th, 2017 by Saurenergy Iran is home to a number of Fronius Service Partners who are qualified and certified in accordance with strict criteria, and a wide range of products and unique service plan make Fronius a sought-after renewable energy supplier. The Iranian government is supporting the construction of photovoltaic systems by offering a generous, long-term feed-in tariff. This […] Read more