SBI to Finance Rs 400 crore for 100 MW of Rooftop Solar Power Projects Updated On Sat, Jun 3rd, 2017 by Saurenergy With the World Bank-funded capacity development program, the SBI aims to expand and incentivize the market for rooftop solar power projects by way of low cost financing. The State Bank of India has announced its decision to finance 100 MW Solar Power Project worth Rs 400 crore. To this regard, the SBI has secured a […] Read more
Andhra Pradesh Government Plans to Float Tenders for Two Pilot Battery-Backed Solar Power Projects Updated On Thu, May 18th, 2017 by Saurenergy Andhra Pradesh Chief Minister N Chandrababu Naidu has emphasized the need to tap and store the solar power in reducing power charges. With rapid growth in the solar power capacity and changes in the battery backup technologies, the Andhra Pradesh Government plans to float tenders for two solar parks to be taken up on a […] Read more
Solarpack Raises USD$104 Million in Financing for Solar Power Projects in Chile and India Updated On Tue, May 16th, 2017 by Saurenergy Six solar power projects in India has received $69 million through an Indian financial entity, while a group of Chilean banks has financed three of the Solarpack’s Chilean Small Means of Distributed Generation projects for $35 million. Solarpack has raised a total of USD$104 million for nine solar power projects in Chile and India. A […] Read more
Telangana Power Generation Corporation Invites Bid for 15 MW of Solar Power Projects Updated On Fri, May 5th, 2017 by Saurenergy TSGENCO has released two separate EPC contract for 8MW and 7MW Solar Power Projects to be set up in Paloncha and Mellacheru, respectively. The Telangana Power Generation Corporation (TSGENCO) has put in a bid EPC contract for 15 MW of solar power projects in the state. The tender includes two solar power projects- 8 MW […] Read more
Canadian Solar Secures AUD65 Million Project Financing for its 47MWp Solar Power Projects in Australia Updated On Tue, May 2nd, 2017 by Saurenergy The 17MW Longreach 30MW Oakey solar power projects in Queensland, Australia are both scheduled to commence construction in May 2017 and reach commercial operation in early 2018. Canadian Solar, one of the world’s largest solar power companies, today announced that it has secured AUD65 million (US$50 million) of non-recourse project financing with a 5-year term […] Read more
Agreements Signed For 120 MW of Solar Power Projects in Nigeria Updated On Tue, May 2nd, 2017 by Saurenergy Afrinegia Nigeria Limited and CT Cosmos Nigeria Limited have inked an agreement for put/call option with the Ministry of Power Works and Housing for 120 MW of Solar Power Projects in Nigeria Two more solar project developers have signed financial risk agreements for utility-scale solar power projects in Nigeria, strengthening the country’s roadmap towards becoming […] Read more
Fotowatio Renewable Ventures Raises $29 Million from IFC to Fund 100 MW Solar Power Projects in Andhra Pradesh Updated On Sat, Apr 29th, 2017 by Saurenergy The Company is building two solar power projects of 50MW each in Andhra Pradesh. The cost of the project is estimated at $119 million which will be funded through a mix of 75 per cent debt and 25 per cent equity. Fotowatio Renewable Ventures (FRV) has raised $29 million (~Rs.1.86 billion) in non-convertible debentures (NCDs) […] Read more
Foundation stone laid for 25 MW of Solar Power Projects in Andaman and Nicobar Updated On Tue, Apr 11th, 2017 by Saurenergy The Union Home Minister laid the foundation stone for the Solar Power Projects of 17 MW capacity at Manglutan and 8 MW capacity at Chidiyatapu, in South Andaman Home Minister Rajnath Singh recently laid foundation stones for NTPC Ltd’s solar projects aggregating 25 MW in Andaman & Nicobar. The Union Home Minister laid the foundation […] Read more
WEG Secures Two Solar EPC Job for 62 MWp Solar Power Projects in Brazil Updated On Wed, Apr 5th, 2017 by Saurenergy WEG has acquired EPC contract for two solar power projects called Coremas I and Coremas II in Brazil. WEG SA announced the signing of EPC (engineering, procurement and construction) supply contracts for the photovoltaic solar power complexes Coremas I and II. The contracts provide for the construction of two solar power plants of 31.12 MWp […] Read more
