India gets Lowest Wind Tariff of Rs. 2.64 per kWh in second Wind Auction of 1000 MW Updated On Thu, Oct 5th, 2017 by Saurenergy The wind tariff in India touched lowest level of Rs.2.64 per kWh in the second wind auction conducted by the Solar Energy Corporation of India (SECI) on behalf of Ministry of New & Renewable Energy, Government of India yesterday. The tariff discovered is much lower than first wind auction concluded at Rs. 3.46 per kWh […] Read more
Sonnedix Announces Partnership and Acquisition of Controlling Interest in Cox Energy Chile SpA Updated On Wed, Oct 4th, 2017 by Saurenergy As a result of the acquisition, Sonnedix has secured a 20-year off-take commencing in 2022 and the option to acquire a 74 MW solar project that adds to its current development portfolio of more than 250 MW. Sonnedix has announced the acquisition of a controlling interest in Cox Energy Chile SpA and a strategic […] Read more
ADB $500 million funding soon for private sector infrastructure in Asia and Pacific Updated On Wed, Oct 4th, 2017 by Saurenergy ADB expects these initial projects will generate about USD 1.4 billion in total financing, including USD 264.5 million from ADB’s own capital and an additional USD 890 million from co-financing partners. Asian Development Bank (ADB) said it is actively processing USD 500 million (about Rs 3,275 crore) as debt and equity funding for private infrastructure […] Read more
Making Smart India Updated On Fri, Sep 29th, 2017 by Saurenergy It is believed that the most attractive and fastest growing cities in 2023 will be those that embrace the need to create sustainable intelligent communities where the citizens, administration and the government work together constructively to produce regional energy that can be either consumed or supplied to local networks, using local resources and consumed on […] Read more
ADB Expands Clean Energy Project in India with AIIB Co-financing Updated On Thu, Sep 28th, 2017 by Saurenergy The ADB financing comprised a $500 million government-backed loan and a further $500 million in non-sovereign lending to India’s national transmission company, Power Grid Corporation of India Limited (POWERGRID). The Asian Development Bank (ADB) has agreed to finance additional power transmission network components with co-financing from the Asian Infrastructure Investment Bank (AIIB) that will connect […] Read more
Fate of Paris Climate Accord Updated On Wed, Sep 27th, 2017 by Saurenergy “WE’RE GETTING OUT.” These were the words that made headlines in the entire world, and were used specifically by the US President Donald Trump to signify America’s exist from the Paris Climate Agreement. The Republican Party Premier cited a number of negative statistics about the predicted economic impact from the climate deal, including a $3 […] Read more
JLM Energy announces $25-million project finance investment Updated On Wed, Sep 27th, 2017 by Saurenergy The investment was arranged by GoldenSet Capital Partners as subadvisor to the North Sky Alliance Fund II. CohnReznick Capital was the advisor to JLM Energy in this transaction. JLM Energy, a renewable energy technology company, has announced that it has secured $25 million to finance distributed energy storage projects for Commercial & Industrial (C&I) customers. […] Read more
Fiji, Niger and Tuvalu deposited instrument of ratification of the Framework Agreement of the ISA Updated On Wed, Sep 27th, 2017 by Saurenergy “ISA is a reflection of our common desire to significantly augment solar power generation in our countries, and make joint efforts towards technology development and mobilization of the required investment to promote energy security and universal energy access.” Fiji, Niger and Tuvalu deposited instrument of ratification of the Framework Agreement of the International Solar Alliance […] Read more
What you Should Know Before you Choose to be a ‘SYSTEM INSTALLER’ Updated On Tue, Sep 26th, 2017 by Saurenergy Let us start with what does a Solar System Installer in solar industry mean. In common language, it generally refers to KW rated roof top photovoltaic projects. Also known as Solar System Integrator, it encompasses the actual execution/construction task (‘installing’ a solar system); and other role across all functions as required being an entrepreneur; from […] Read more
