NEPCO Gets $265 Mn EBRD Loan to Bolster Jordan’s Renewable Energy Updated On Thu, Dec 6th, 2018 by Saurenergy The loan will strengthen NEPCO’s balance sheet through refinancing of existing short-term debt and will fund vitally needed investments to enhance the capability of the grid to absorb and manage renewable power. Multilateral developmental investment lender European Bank for Reconstruction and Development (EBRD) will provide a USD 265 million loan to Jordan’s National Electric Power […] Read more
NTPC Wins 85 MW in UPNEDA’s 550 MW Solar Tender Updated On Wed, Dec 5th, 2018 by Saurenergy The company has won the tender for grid-connected solar projects in the reverse auction held on December 3, 2018 for 25 years. NTPC, India’s largest energy conglomerate, has won 85 MW of solar capacities under Uttar Pradesh New and Renewable Energy Development Agency’s (UPNEDA’s) 550 MW solar tender. The company has won the tender for […] Read more
BlackRock Sells 14 French Solar Projects to International Consortium Updated On Wed, Dec 5th, 2018 by Saurenergy The move will mark the first realization for BlackRock’s renewable power platform and offers Samsung, Samchully AMC and Schroders an attractive foothold into the European renewables power market. BlackRock Real Assets has reached an agreement with the Consortium of Samsung Securities as the financial investor, Samchully Asset Management as the asset manager with Schroder AIDA […] Read more
Tariff Drops Further in Uttar Pradesh Solar Project Auction Updated On Tue, Dec 4th, 2018 by Saurenergy The lowest price for the bid was quoted by National Thermal Power Corporation at Rs 3.04 per unit; NTPC won 85 MW of the capacity. A commissioning deadline of 21 months has resulted in refreshingly low winning tariff in an solar project auction by the UP New and Renewable Energy Development Agency (UPNEDA). The 500 […] Read more
More Then 20% Australian Homes Have Solar Rooftop Installed Updated On Tue, Dec 4th, 2018 by Saurenergy With 2 million residents having rooftop solar projects across the nation, the combined generation of electricity amounts to 7.9 GW. With an overall 20.3 percent of Australian residents having a rooftop solar project installed, country’s solar industry is leading the way in the rooftop solar market globally. With 2 million residents having rooftop solar projects […] Read more
AfDB Approves ZAR 3Bn for 100MW Solar Project in SA Updated On Mon, Dec 3rd, 2018 by Saurenergy The solar power project, which is located in the Humansrus Solar Park, Northern Cape Province of SA, is expected to generate 466 GWh/year. African Development Bank (AfDB) has approved a senior loan of ZAR 3 billion to the 100 MW Redstone Concentrated Solar Project, which is expected to boost South Africa’s (SA’s) energy mix and hasten transition to renewable energy. […] Read more
LONGi Solar Named Tier-1 Module Maker in Q4 BNEF Report Updated On Mon, Dec 3rd, 2018 by Saurenergy BNEF’s criteria require module manufacturers to have supplied own-brand, own-manufacture products to six different projects over 1.5MW that have been financed by six different banks in the past 2 years. One of the leading solar modules manufacturer LONGi Solar has been named tier-1 module manufacturer in the Bloomberg New Energy Finance’s (BNEF) fourth quarter 2018 report. […] Read more
JA Solar to Supply Mono PERC Modules for 257MW Project in Vietnam Updated On Mon, Dec 3rd, 2018 by Saurenergy The project is of great importance for the development of the renewable energy market in Vietnam as well as other Southeast Asian countries. Shanghai-based high-performance modules maker JA Solar Holdings has inked a pact with Shanxi Electric Power Engineering Co. (SEPEC) to supply high-efficiency mono PERC modules for a 257MW project in Phu Yen, Vietnam. The project is […] Read more
MNRE to Add Massive 23 GW Of Solar Project in Jammu And Kashmir Updated On Sat, Dec 1st, 2018 by Saurenergy Solar Energy Corporation of India which is implementing the project, will tender 5000 MW in Leh district and 2500 MW in Kargil district in the Phase-1 of the project. In a massive solar push, Ministry of New and Renewable Energy (MNRE) has announced its plans for 23 GW of solar projects in Leh and Ladakh […] Read more