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
Canadian Solar Closes Financing For 55 Megawatt Yamaguchi Shin Mine Solar Power Project in Japan Updated On Tue, Dec 6th, 2016 by Saurenergy Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, today announced that it has closed JPY14.9 billion (US$141.5 million) senior and subordinate non-recourse term loan facilities to finance the construction and operation of a 55 MWp solar power plant in the Yamaguchi prefecture, Japan. The facilities […] Read more
Government of India sanctions three ultra mega solar power projects for Maharashtra Updated On Sat, Nov 26th, 2016 by Saurenergy The Government of India has sanctioned three ultra mega solar power projects in Maharashtra. Of three, one will be set up in Vidarbha while the other two will be in Marathwada and Khandesh. A committee of an eleven member under principal secretary (energy) had been set up to identify the sites for these plants. According […] Read more
Bollywood Actor Richa Chadha to help set up solar power project for school kids in Bulandshahar Updated On Sat, Nov 12th, 2016 by Saurenergy Bollywood Actor Richa Chadha has joined hand with her aunt who runs a charitable school in Bulandshahr, a small town in Uttar Pradesh to set up solar power project. Richa’s aunt has been running the school for the past five years; she left her Delhi life to provide free education to kids coming from low-income […] Read more
10 MW Solar power project commissioned on Teesta Canal Bank in West Bengal Updated On Mon, Oct 3rd, 2016 by Saurenergy A 10 MW solar PV project has been commissioned on the Teesta canal bank of West Bengal under the Central Government’s scheme for Canal-top and Canal bank projects. It is worth noting that this is the first 10 MW canal-bank project to be commissioned under the scheme. The Plant has been inaugurated by Chief Minister […] Read more
KSEB commissions 1.25 MW solar power project at Edayar Updated On Thu, Sep 29th, 2016 by Saurenergy The successful commissioning of Cochin International Airport Limited (CIAL) in generating enough solar power to operate the airport, the Kerala State Electricity Board’s (KSEB) solar power project on the campus of the 110 KV substation at Edayar is in the verge of scripting a new saga. Edayar’s 1.25 MW solar power project is amongst the […] Read more
Tamil Nadu to float tenders for solar power projects Updated On Wed, Sep 21st, 2016 by Saurenergy Tamil Nadu seems quite eager to hand over new tenders for solar power projects. Despite the price per unit of solar power falling down across the country, the states of Tamil Nadu was among the few states which signed PPA at 7.10 per unit until recently. Now, the Tamil Nadu Electricity Regulatory Commission (TNERC) has […] Read more
NLC India Limited commences work on 65MW solar power project at Neyveli Updated On Thu, Sep 1st, 2016 by Saurenergy NLC India Limited, India’s publicly-owned lignite mining and power generation company, also formerly known as Neyveli Lignite Corporation Limited has started construction activities at its third solar power project of 65 MW capacity at Neyveli. Chairman and Managing Director of NLC India Limited, Sarat Kumar Acharya formally kick-started the construction activities on the 65 MW […] Read more
Firestone Solar to install 19.8 MW solar power project in Buckingham County, Virginia Updated On Sat, Aug 13th, 2016 by Saurenergy Governor McAuliffe granted permission for a new solar facility to be built by Firestone Solar LLC, a subsidiary of Virginia Solar. Once complete, the 19.8-megawatt project will be the first utility-scale solar generator of its kind in Buckingham County. Construction of the solar plant that spreads across 200-acres is expected to begin early next year […] Read more