8minutenergy Secures $21 Million USD Letter of Credit Facility from Rabobank Updated On Fri, Jul 8th, 2016 by Saurenergy 8minutenergy Renewables has secured a $21 million USD letter of credit facility from Rabobank. The purpose of the credit facility is to enable 8minutenergy’s utility-scale solar development activities across North America, including supporting the execution of Power Purchase Agreements and Interconnection Agreements associated with projects in various stages of development. “We are thrilled to be […] Read more
Hartek Power bags 330 Mw solar projects Updated On Thu, Jul 7th, 2016 by Saurenergy India’s fastest growing EPC Company Hartek Power has bagged substation orders for 330-Mw solar projects across the country in the Q1 of the current FY. The Chandigarh based company has set a target of executing EPC for 500-Mw solar power projects to the grid 2016-17. The 330-Mw solar EPC orders include 10 substation projects of up to 132 Kv spread across […] Read more
Canadian Solar sells solar power projects to Create Technology & Science in China Updated On Thu, Jul 7th, 2016 by Saurenergy Canadian Solar announced that its wholly-owned subsidiary, CSI Solar Power (China) Inc. has entered into a project sale agreement, pursuant to which, Create Technology & Science has agreed to purchase Canadian Solar’s operating solar power projects in Funing County, Jiangsu Province, China for approximately USD 32.8 million). The project sale agreement will become effective after […] Read more
ReneSola Connects 26MW Solar Projects to UK Grid Updated On Tue, Jul 5th, 2016 by Saurenergy ReneSola has announced the completion and grid connection of six utility-scale projects in the United Kingdom. These projects have a combined capacity of approximately 26 MW. ReneSola managed the design and construction of these projects, and will provide ongoing operation and maintenance services until final acceptance. Powered by ReneSola’s Virtus II modules, the six projects […] Read more
OneRoof Energy to sell its 19.8MW solar project assets Updated On Tue, Jul 5th, 2016 by Saurenergy OneRoof Energy has announced that it has entered into definitive agreements with two different third parties to sell 19.8 MW of its solar project assets. The Transactions are expected to generate gross proceeds up to $61 million, with$19 million funded as of the date of this announcement, and $42 million expected to be funded in tranches through September of […] Read more
Coal India Limited and SECI signs two agreements for 200MW solar power project in MP Updated On Fri, Jul 1st, 2016 by Saurenergy Coal India limited and Solar Energy Corporation of India (SECI) have signed two agreements for implementation of 200 MW solar power project in Madhya Pradesh. The 100 MW solar power generated by the plant will be utilized by Northern Coalfields limited and another 100 MW will be used by South Eastern Coalfields Limited, each at […] Read more
World Bank announces to provide more than $1 billion for India’s solar project Updated On Thu, Jun 30th, 2016 by Saurenergy The World Bank Group has signed an agreement with India led International Solar Alliance (ISA) to work together on increasing solar energy use around the world, with the goal of mobilizing $1 trillion in investments by 2030. The agreement was signed in the presence of Finance Minister Arun Jaitley, Power, Coal, New and Renewable Energy minister Piyush […] Read more
MNRE collaborates with KfW for floating solar projects in Maharashtra and Kerala Updated On Thu, Jun 30th, 2016 by Saurenergy Ministry of New and Renewable Energy (MNRE) in collaboration with Germany-based development bank KfW to set up two floating solar PV plants in the Maharashtra and Kerala. MNRE recently conducted a study to assess the potential of floating solar power in the country. Both the plants are estimated to cost around USD 46.15 million. “The KfW-funded […] Read more
NHPC planning to set up 600MW solar project at Koyna dam in Maharashtra Updated On Mon, Jun 27th, 2016 by Saurenergy National Hydroelectric Power Corporation (NHPC) as part of an initiative to expand its solar portfolio is reportedly planning to set a 600-MW solar project at the Koyna dam in Maharashtra. NHPC is carrying out financial and feasibility study for the project. The company t plans to set up floating solar panels with pumped storage system […] Read more
