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
French Technology Companies in Renewable Sector Pledges to Contribute to India’s Energy Targets Updated On Wed, Sep 14th, 2016 by Saurenergy A French delegation specializing in the renewable energy sector recently visited India. The delegation comprised leading French technology companies, and representatives of associations and federations of the French renewable energy sector. The French technology companies are looking for partnerships to contribute to the renewable energy targets in India through innovative solutions and technology cooperation. These […] Read more
Solar Energy Sector Has Immense Potential to Grow Within The Next Few Years: Hiten Parekh, Sr. Vice President at Waaree Energies Limited Updated On Wed, Aug 31st, 2016 by Saurenergy Founded in 1989, WAAREE Energies Ltd is a flagship company of Waaree Group. The company has poised as a pioneer in the global solar energy space. To bring on context, the company flaunts India’s largest solar PV module manufacturing capacity of 500 MW. Waaree Energies is a broad presence across the solar value chain providing […] Read more
Japan Asia Investment commissions 2 MW Solar Project in Aichi Updated On Sat, Aug 13th, 2016 by Saurenergy Tokyo-based Japan Asia Investment Co. Ltd. has announced that the project for its 2-MW solar photovoltaic (PV) plant in Aichi prefecture has been commissioned. Local utility Chubu Electric Power Co. will be purchasing power from the plant. With a total cost of about JPY 780 million (USD 7.71m/EUR 6.88m, the 2-MW solar plant was built […] Read more
Greenbacker buys majority of 12.1 MW rooftop solar portfolio from OneRoof Energy Updated On Thu, Aug 11th, 2016 by Saurenergy On the heels of a recent $25 million wind power investment, Greenbacker Renewable Energy Company acquired a controlling interest in a 12.1 MW portfolio of 1611 solar systems from a subsidiary of OneRoof Energy Inc., approximately for $19.75 million. The 12.1 MW systems are located on residential rooftops across seven U.S. states, including New Jersey, […] Read more
Duke Energy’s 15,000 solar panels in Osceola County is now providing carbon-free energy Updated On Wed, Jul 27th, 2016 by Saurenergy Duke Energy’s 15,000 solar panels on 17-acre facility soaking up the sun in Osceola County are now providing clean, renewable energy to the customers in Florida. The new Duke Energy owned and operated Osceola Solar Facility is about the size of 13 football fields and produces nearly 4 megawatts of carbon-free energy. It officially began commercial operation on May […] Read more
MNRE invites proposal for availing Green Climate Fund (GCF) support in renewable energy areas Updated On Mon, Jun 13th, 2016 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has invited proposals from State governments, industry, developers, electrical utilities, private and public institutions, international agencies and other stakeholders for availing Green Climate Fund (GCF) support in renewable energy areas. MNRE in a statement said proposals shall have potential to deliver transformative impact on climate change mitigation […] Read more
Will continue to support renewable energy projects in India: OPIC Updated On Sat, Jun 11th, 2016 by Saurenergy U.S. Government’s development finance institution, Overseas Private Investment Corporation (OPIC) has announced that it will continue to support early stage renewable energy projects in India. OPIC in a blog post said “this week’s historic agreement between the U.S. and India to address climate change recognizes the need for private investment and will work to support […] Read more
SoftBank’s investments in India to surpass $10 billion in 5-10 years Updated On Wed, Jun 1st, 2016 by Saurenergy Japanese telecom and Internet giant SoftBank has announced that its investments in the country will surpass USD 10 billion in 5-10 years. Chief Executive Masayoshi Son to PTI said SoftBank will make its first USD 350 million investment in a solar project in India and expand in next 5-10 years, probably around USD 10 billion. […] Read more
