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
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 International Solar Alliance Updated On Tue, Sep 26th, 2017 by Saurenergy Till date 40 countries signed and 11 countries ratified the Framework Agreement Fiji, Niger and Tuvalu deposited instrument of ratification of the Framework Agreement of the International Solar Alliance (ISA) in the 5th meeting of International Steering Committee (ISC) of the ISA that was held in New Delhi yesterday . In this meeting representatives from […] Read more
Enel Commissions Largest Solar Project in South America Updated On Tue, Sep 26th, 2017 by Saurenergy Enel has commissioned two solar plants that include the 254 MW and the 292 MW located respectively at Ituverava and Nova Olinda solar parks. Italian developer Enel’s subsidiary Enel Green Power Brasil Participações (EGPB) announced the operation of two solar power plants located in Brazil with an aggregate capacity of 546 megawatts. The two solar […] Read more
Trina Solar Achieves Milestone in Shipping 3GW of Solar Modules to India Updated On Tue, Sep 19th, 2017 by Saurenergy Since its inception in 2010, Trina Solar has successfully built an extensive sales network throughout the country, offering innovative solar PV solutions to developers, distributors, engineering, procurement and construction (EPC) contractors, independent power producers (IPPs), and others. Trina Solar has announced that it has achieved cumulative shipment of 3GW solar modules in India from 2010 […] Read more
Will GST Slowdown India’s Solar Power Juggernaut? Updated On Tue, Sep 19th, 2017 by Saurenergy The Government’s recent announcement of 18% tax rate under the new indirect tax regime for solar module was the biggest surprise for the power and renewable sector. Looking into the uproar and dissatisfaction in the industry the government seems to have changed its plan and working on settling the incongruities in the new regime. The […] Read more
Trina Solar Rated Top Bankable Module Supplier by BNEF Updated On Mon, Sep 18th, 2017 by Saurenergy After having obtained the top spot in the previous 2016 report, Trina Solar has now once again been rated bankable by 100% of the banks, EPCs, consultants and industry experts participating in the BNEF survey. Trina Solar has announced that it has received a top rating in the latest module bankability report, published by Bloomberg […] Read more
GCL-SI Showcases Black Silicon and PERC Solar Cells Updated On Fri, Sep 15th, 2017 by Saurenergy GCL-SI has been developing solar modules that utilize new technologies, specifically black silicon, PERC and diamond wiring. At SPI, the company showcased its latest products, including the Black Silicon 5 Busbar (5BB), Multi-Busbar (MBB) and Double-glass modules. GCL System Integration Technology exhibited their collection of solar products that adopts its latest black silicon and PERC […] Read more
Phanes Group Opens Solar Power Incubator to Unlock Potential of Energy in sub-Saharan Africa Updated On Mon, Sep 11th, 2017 by Saurenergy “We believe the Phanes Group Solar Incubator -in collaboration with our partners- will leverage untapped local PV potential, and create more opportunities for local projects. Combined with our strengths in developing bankable solutions for clean, affordable energy and efforts in CSR, the incubator initiative can help to address local needs that haven’t yet been met.” […] Read more