Egypt’s Solar Power Gets $102M Support from World Bank Agency Updated On Thu, Jan 11th, 2018 by Saurenergy The Egyptian government is moving forward on a mega project that involves private sector companies building solar and wind plants under a FiT scheme. The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group has announced a guarantee of $102.6 million for the construction of six power plants in Egypt. The power […] Read more
Dominion Energy Invests $1B in Solar Updated On Thu, Jan 11th, 2018 by Saurenergy The Solar Energy Industries Association ranks Dominion Energy the sixth largest among U.S. electric utilities. More money is being invested into the solar industry by the renewable energy companies. Dominion Virginia Power parent company Dominion Energy is investing $1 billion in its solar fleet in Virginia and North Carolina, and now ranks among utilities with […] Read more
Rs 2,800 Cr To be Invested in Madhya Pradesh Based Solar Park by IFC Updated On Thu, Jan 11th, 2018 by Saurenergy Continues of the speculation by IFC will be utilized for the development, operation, and upkeep of the solar plant. In one of the greatest arrangements in the sustainable power source space, International Finance Corporation (IFC), some portion of World Bank gathering, is near contributing $440 million or Rs 2,800 crore in Rewa Ultra Mega Solar […] Read more
Afghan Govt Approves 30 MW Solar Power Project in Kandhar Updated On Tue, Jan 9th, 2018 by Saurenergy The decision in this regard was taken by Afghan’s Ministry of Finance who said the High Economic Council (HEC) has approved 30 megawatt solar power project plan for the southern Kandahar province of Afghanistan. The government of Afghanistan has approved solar power project contracts in the country and once operational, the projects will produce up […] Read more
Solar Modules Stranded at Indian Ports Because of Import Duty Altercation Updated On Sat, Jan 6th, 2018 by Saurenergy Solar modules worth more than $150 million are stuck at different Indian ports because of a disagreement about their grouping and the import charge connected to them. Solar modules worth more than $150 million are stuck at different Indian ports because of a disagreement about their grouping and the import charge connected to them, sources […] Read more
India may Consider Duty of 7.5 per cent On Imported Solar Panels Updated On Fri, Jan 5th, 2018 by Saurenergy The proposed alter could jeopardize Prime Minister Narendra Modi’s driven objective of introducing 100 gigawatts of sun oriented vitality by 2022. India, the biggest buyer of solar gear from neighboring China, is considering a 7.5 percent assessed on the imported solar panels, agreeing to government authorities with information of the situation. Such imports aren’t burdened presently, but might be renamed as engines, which are subject to the tax, the authorities said, inquiring not to […] Read more
Solar Power Projects Get Assistance from International Institutions: Government Updated On Fri, Jan 5th, 2018 by Saurenergy The assistance for solar power projects under such schemes are available to all States/UTs depending on requirement and demand. The Government has various solar power programmes which are being implemented through assistance of World Bank, International Finance Corporation and other multilateral financial institutions. This was stated by Power and New & Renewable Energy Minister, Raj […] Read more
Chennai Rural Areas Will Get Unused Lighting Foundation As per Rs 80 crore Project Updated On Fri, Jan 5th, 2018 by Saurenergy The civic body is to hold up for endorsement of a 140-crore venture for the Driven change of 70,000 streetlight overall 15 zones. Lighting foundation over a few amplified ranges beneath More noteworthy Chennai Enterprise will get a patch up with an 80 crore venture accepting endorsement at a high-power committee assembly final week. Eight […] Read more
Canadian Solar Closes GBP41.9 Million Financing with BayernLB Updated On Sat, Dec 30th, 2017 by Saurenergy The solar power portfolio, consisting of 10 operating solar power plants totaling 52.2 MWp, was accredited under the UK’s Renewable Obligation Certificate scheme. Canadian Solar Inc., one of the world’s largest solar power companies, today announced that it has closed a GBP41.9 million (US$56 million) non-recourse project finance facility with BayernLB. This financing arrangement is […] Read more
