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
RINL Commissions 5MW Grid-Connected Solar at Vishakhapatnam Steel Plant premises in Vizag Updated On Thu, Dec 22nd, 2016 by Saurenergy The corporate entity of Visakhapatnam Steel Plant, Rashtriya Ispat Nigam (RINL) has commissioned 5 MW of grid-connected solar at the Vishakhapatnam Steel Plant premises in Vizag reports Marcom Capital. The research firm notes that the projects were developed on a Build Own Operate (BOO) basis at a cost of about Rs.330 million ($4.86 million). A […] 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
Sewa International installs 5kw solar plant at tribal girls school in Kandhmaal, Odisha Updated On Wed, Dec 21st, 2016 by Saurenergy Sewa International under its Clean Tech Initiative has installed a 5kW solar power plant at tribal girls school, Jaleshpata Kanya Ashram in Kandhamaal district of Odisha. Kandhamal district came into existence on 1st January 1994, after Phulbani District was divided into Kandhamal and Boudh Districts of Odisha. The solar project installed with an aim to […] Read more
Piyush Goyal to release 3 reports today at ‘Empowering the Grid to meet Future Challenges’ Updated On Wed, Dec 21st, 2016 by Saurenergy Power Grid Corporation of India Ltd. (PGCIL) is organizing an event ‘Empowering the Grid to meet Future Challenges’ in National Capital where the Renewable Energy Minister, Piyush Goyal is expected to release three reports. The three reports include ‘Renewable Energy Integration: Transmission, an Enabler’ and ‘Green Energy Corridors – II’ and ‘Electricity Demand Pattern Analysis’. […] Read more
Aruna Sharma inaugurates 5MW solar plant in Visakhapatnam Updated On Wed, Dec 21st, 2016 by Saurenergy Dr. Aruna Sharma, Secretary Steel has inaugurated the 5 MW Solar Plant installed by RINL at a cost of Rs.33 crores in the presence of Shri P Madhusudan, CMD, RINL, Smt Urvilla Khati, Joint Secretary, Ministry of Steel and Directors of RINL in Vishakhapatnam. RINL has joined other major corporates in harnessing solar power with […] 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
