ADB to Help Develop Rooftop Solar Power Systems in Sri Lanka Updated On Thu, Sep 28th, 2017 by Saurenergy Apart from extending $50 million loan, ADB will also administer a $1 million technical assistance from the Asian Clean Energy Fund under the Clean Energy Financing Partnership Facility to help build capacity, increase awareness of stakeholders, and support the project’s implementation in Sri Lanka. The Asian Development Bank’s (ADB) Board of Directors has approved a […] 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
TMEIC Setups a Newly Established Power Electronics Factory in Karnataka Updated On Thu, Sep 28th, 2017 by Saurenergy The newly established a factory of TMEIC is built to further reinforce company’s power electronics business in India. Toshiba Mitsubishi-Electric Industrial Systems Corporation (hereinafter, “TMEIC”; President & CEO Masahiko Yamawaki) has newly established a power electronics factory in Tumakuru district near Bengaluru, Karnataka State, in India. The new factory which is expected to be fully […] 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
Transelec, SunPower Finalize Acquisition of Switchyard Interconnecting 100MW El Pelicano Solar Project Updated On Tue, Sep 26th, 2017 by Saurenergy The Don Héctor switchyard is located 6.5 kilometers from El Pelicano, which SunPower is constructing in Chile’s commune of La Higuera (Coquimbo Region). El Pelicano is expected to be operational by the end of 2017, and will supply 300 gigawatt hours per year of energy to Metro de Santiago, the city of Santiago’s underground railway […] Read more
Shri R K Singh inaugurates workshop on “Waste to Energy” as a part of “Swachchata Hi Sewa” campaign Updated On Tue, Sep 26th, 2017 by Saurenergy Union Minister of State (IC) for Power and New & Renewable Energy, Shri R K Singh has emphasised the need for setting up more waste management plants around the country. Shri Singh said this while inaugurating a Workshop on “Waste to Energy” – Swachchata Se Swachh Urja here today. The workshop was organised by the […] Read more
Dr. Rahul Walawalkar receives Renewable Energy India Award Updated On Tue, Sep 26th, 2017 by Saurenergy Dr. Rahul Walawalkar was selected by eminent Jury in the category of Leading Crusader for Energy Storage Solutions. Dr. Rahul Walawalkar, Executive Director of India Energy Storage Alliance (IESA) and President & MD of Customized Energy Solutions (India) has received the Renewable Energy India (REI) award in the category of Leading Crusader for Energy Storage […] Read more
Fonrich Shined at REI Expo with PV Power Optimizer and Intelligent SMU Updated On Tue, Sep 26th, 2017 by Saurenergy Fonrich New Energy shined at Renewable Energy India Expo with its advanced PV Power Optimizer and Intelligent String Monitoring Unit. Fonrich New Energy, a leading solar power company located in Shanghai, China, has entered the Indian solar market with its smart generation and intelligent O&M solution for both rooftop and megawatts projects. It’s the first […] Read more
Let’s Talk Solar Energy Storage Systems Updated On Mon, Sep 25th, 2017 by Saurenergy It is now said to be primitive if we sit with a strong brewed coffee and the board directors of green revolutionaries give a throwback on coal and thermal reserves. Without sharing an anecdote, the facts and figures and latest economics of renewables especially solar has tethered traditional energy production. India has one national grid […] Read more