NDB signs first loan agreement for financing Shanghai Lingang distributed solar power project Updated On Thu, Dec 22nd, 2016 by Saurenergy The People’s Republic of China and the New Development Bank signed a Loan Agreement approving the provision of RMB (CNY) 525 million (INR 512 million/ USD 75 million) sovereign project loan for the Bank’s first project in China – Shanghai Lingang Distributed Solar Power Project. The Loan Agreement was signed by Mr. Shi Yaobin, Vice […] Read more
LG CNS bags contract for 55MW Yamaguchi Shin Mine Solar Power Project in Japan Updated On Wed, Dec 21st, 2016 by Saurenergy LG CNS has announced that it will construct a 55 Megawatt solar power plant in Shin Mine of Yamaguchi prefecture, Japan. The project amounts to approx. KRW 170 billion in size with the cost of construction and operation combined, and it will last about 18 months with the goal of commencing commercial operation in May […] Read more
First Funding agreement signed for ARENA’s program to accelerate the rollout of big solar projects Updated On Tue, Dec 20th, 2016 by Saurenergy Australian Renewable Energy Agency’s program to drive down the cost and accelerate the rollout of big solar projects has just seen the first funding agreement signed. The new agreement commits up to $8.9 million of ARENA funding towards Genex’s $126 million Kidston Solar Project in North Queensland. ARENA CEO Ivor Frischknecht said the Kidston project was […] Read more
Canadian Solar Secures USD 62.8 million Refinancing For 50 Megawatts Solar Power Projects Updated On Mon, Dec 19th, 2016 by Saurenergy Canadian Solar has secured GBP 49.3 million (US$62.8 million) non-recourse term loan facilities to refinance a portfolio of 10 solar power plants, with total capacity of 50 megawatts in the United Kingdom. National Westminster Bank (NatWest), a subsidiary of RBS Group, is providing the 18.7-year term facility. Part of the proceeds will be used to […] Read more
UPERC confers Dayalbagh Educational Institute with recognition for harnessing solar power Updated On Mon, Dec 19th, 2016 by Saurenergy The Dayalbagh Educational Institute (DEI) has received recognition from the Uttar Pradesh Electricity Regulatory Commission for its work in harnessing solar power and spreading awareness among students about saving energy. The university has been successful in meeting a major portion of its own electricity demand and distributes its surplus energy to local colonies in Dayalbagh. […] Read more
Gujarat’s Position Trips to Third in Solar Power Generation Capacity Updated On Mon, Dec 19th, 2016 by Saurenergy After losing its top rank to Rajasthan last year, Gujarat has now slipped further to end at third position in commissioned solar power capacity. Rapid capacity addition by Tamil Nadu helped the state to topple both Rajasthan and Gujarat from their respective top ranks. According to the MNRE, Tamil Nadu has topped the list with […] Read more
Solar Farms are Now The Gold Standard for Investors, Family Offices and Funds Updated On Mon, Dec 19th, 2016 by Saurenergy Solar Farms are now producing electricity at prices that are much less than both natural gas and coal fired power plants. Due to the ever lowering costs of Solar Farms the returns that investors are now deriving from Solar Farm Investments are some of the most sought after investments in the investment community. Investors can […] Read more
MNRE launches Online Training Program for Solar PV Design Updated On Fri, Dec 16th, 2016 by Saurenergy The New and Renewable Energy Ministry has developed an online training programe under public-private partnership for design, installation and maintenance of solar photovoltaics (PV) to meet the manpower requirements of the booming solar industry. The skilling online programme has been developed by the National Institute of Wind Energy under in association with Iacharya Silicon Ltd, […] Read more
Solar Frontier announces it is nearing completion of 106 MWdc of Utility-Scale Solar Projects in California Updated On Thu, Dec 15th, 2016 by Saurenergy Solar Frontier Americas has announced that it is nearing completion of 2 solar electric power plants totaling 106 MWdc in the Imperial Valley of Southern California. The company recently held a Ribbon Cutting event to celebrate the achievement. The projects, Midway I & II are located a few miles northwest of Calipatria in the great […] Read more
