Loanpal Closes Securitization of $474 Million of Residential Solar Loans Updated On Fri, Jan 8th, 2021 by Saurenergy The securitization, the largest residential solar securitization to date, brings the total amount of securitized loans generated on the Loanpal technology platform to $1.4 billion since the beginning of 2020 Loanpal, the nation’s leader in point-of-sale sustainable home improvement financing, today announced that Loanpal Solar Loan 2021-1 Ltd. and Loanpal Solar Loan 2021-1 LLC (“LPSLT […] Read more
Sembcorp India Confirms 400 MW Solar Capacity Win in Rajasthan Updated On Fri, Jan 8th, 2021 by Saurenergy Sembcorp Energy India has confirmed that it has won a 400 MW solar power project in Rajasthan in a closely contested auction conducted by SECI. Sembcorp Energy India Limited (SEIL), a wholly-owned subsidiary of Sembcorp Industries, has won a bid for a new 400 MW solar power project. Through its renewables subsidiary, Sembcorp Green Infra, […] Read more
Tata Power Takes Over Operations of WESCO & SOUTHCO in Odisha Updated On Fri, Jan 8th, 2021 by Saurenergy Tata Power has taken over the management and operations of WESCO and SOUTHCO upon completion of the sale process. Tata Power has announced that it has taken over the management and operations of WESCO and SOUTHCO upon completion of the sale process. Now, WESCO and SOUTHCO will operate under the company name as TP Western […] Read more
South Korea’s SK Group Invest $1.5 Billion in Hydrogen Player Plug Power Updated On Fri, Jan 8th, 2021 by Saurenergy Plug Power and SK Group intend to form a strategic partnership to accelerate hydrogen as an alternative energy source in Asian markets. Plug Power, a leading provider of hydrogen fuel cell and fueling solutions enabling e-mobility, and SK Group, one of the leading South Korean business groups, has announced that the companies intend to form […] Read more
Emmvee Commissions 700 kWp Rooftop Solar Project for Balaji Technologies Updated On Fri, Jan 8th, 2021 by Saurenergy Emmvee has commissioned a 700 kWp rooftop solar project for Balaji Building Technologies, a leading glass treatment company in Bengaluru. Leading domestic solar module manufacturer and solar solutions provider Emmvee has announced that it has commissioned a rooftop solar PV project for Balaji Building Technologies, a leading glass treatment company in Bengaluru. The 700 kWp […] Read more
ACWA Power, APICORP Sign on $125 Mn Facility to Accelerate Green Transition Updated On Fri, Jan 8th, 2021 by Saurenergy APICORP and ACWA Power have signed on a USD 125 million 5-year corporate facility to support ACWA Power’s future growth pipeline. APICORP, a leading multilateral development financial institution, and ACWA Power, a leading Saudi developer, have announced the signing of a USD 125 million 5-year Shariah-compliant corporate facility to support ACWA Power’s future growth pipeline. […] Read more
PV Manufacturer Alpex Solar Appoints Satish Gupta as CEO Updated On Thu, Jan 7th, 2021 by Saurenergy Alpex Solar, one of the renowned Photovoltaic Module manufacturing company, has announced the appointment of Satish Gupta as its Chief Executive Officer. Satish will be taking over the charge of the organisation effective 7th January 2021. The firm currently has module manufacturing capacity of 450MW and has plans for aggressive growth in the coming years. […] Read more
Deadline Extension for 100 MW Solar Plus 40 MW Storage Tender for Chhattisgarh Updated On Thu, Jan 7th, 2021 by Saurenergy SECI has extended the bid submission deadline for its tender for commissioning of 100 MW solar along with a 40 MW Storage in Chhattisgarh. The Solar Energy Corporation of India (SECI) has announced that it has once again extended the bid submission deadline for its tender for commissioning of a 100 MW (ac) solar project […] Read more
Gurudwaras to Have Solar Systems, As SGPC Wants Cheap Electricity Updated On Wed, Jan 6th, 2021 by Saurenergy The Shiromani Gurdwara Parbandhak Committee (SGPC) has yesterday announced to install solar systems at historic gurdwaras to reduce the cost of electricity. The solar-generated electricity would be drawn for the preparation of ‘langar’ by steam. SGPC chief Bibi Jagir Kaur told in an interim meeting, that solar systems would be installed at gurdwaras, and a […] Read more
