IDFC Alternatives to Acquire First Solar’s India portfolio for Rs 1950 Crore Updated On Mon, Jul 31st, 2017 by Saurenergy IDFC infrastructure will acquire entire 200 megawatts of First Solar’s operational portfolio of solar power projects in India for around $300 million. The infrastructure fund of multi-asset manager IDFC Alternatives is set to make its biggest acquisition till date by taking over the entire 200 megawatts of First Solar’s operational portfolio of solar power projects […] Read more
Australia Becomes 35th Nation to Joins International Solar Alliance Updated On Fri, Jul 21st, 2017 by Saurenergy Total 6 countries had ratified the International Solar Alliance agreement, and once 15 countries ratify it, the agreement will become a legal entity. Australia has become the 35th nation to join. Australia has become the 35th nation to join the International Solar Alliance, an initiative launched by India’s Prime Minister Narendra Modi in November 2015 […] Read more
IFC Invests Rs 667 Crore in L&T Infrastructure for Solar Power Projects Updated On Fri, Jul 7th, 2017 by Saurenergy L&T Infrastructure Finance Co will use the fund to provide loan to solar power projects across India. The World Bank’s private financing arm IFC has invested Rs 667 crore ($103 million) in L&T Infrastructure Finance Co by subscribing to the first official Green Bonds in India, as stated in a joint statement by both the […] Read more
Morocco Secures USD 25 Million Loan for Solar Energy Projects Updated On Thu, Jul 6th, 2017 by Saurenergy The project’s innovative hybrid solar design is also built on a unique Public-Private Partnership between the Moroccan Agency for Sustainable Energy (MASEN) and private sector sponsors – with a Build, Own, Operate and Transfer project structure and implementation approach Morocco has received USD 25 million loan from the Climate Investment Funds’ Clean Technology Fund, for […] Read more
Piramal Finance Introduces ‘Flexi Line of Credit’ for Renewable Energy, Sanctions an Additional Rs. 700cr to ACME Solar Updated On Thu, Jul 6th, 2017 by Saurenergy Piramal Finance Limited (PFL) had first invested Rs. 499 Cr with ACME in July 2016, together with its partner APG. Piramal Enterprises, through its subsidiary Piramal Finance Limited (PFL), sanctioned an additional Rs.700Cr to ACME Solar Holdings Limited. The deal was made through Corporate Finance Group (“CFG”) of Piramal Finance Limited by introducing a new […] Read more
University of California, Merced Selects SunPower for 5-Megawatt Solar Energy System with Storage Updated On Tue, Jun 27th, 2017 by Saurenergy The system will be UC Merced’s second featuring SunPower solar technology. A 1-megawatt ground-mounted tracker system has been in operation and exceeding performance expectations since 2009, and the two systems combined are expected to supply more than 50 percent of the campus’s energy needs The University of California, Merced’s precedent-setting Triple Zero Commitment aims for […] Read more
GameChange Solar Unveils $2 Billion Capital Intro Program to Fund Solar Projects Updated On Fri, Jun 16th, 2017 by Saurenergy GameChange Solar has expanded its capital introduction program to fund solar projects across the United States GameChange Solar has announced that it has expanded its capital introduction program to fund solar projects across the United States to over $2 billion in available capital. The program is primarily in concert with five leading funding sources, two […] Read more
Viz-A-Viz with Xiande Li | Chairman | JinkoSolar Holding Co., Ltd. Updated On Thu, Jun 15th, 2017 by Saurenergy JinkoSolar recently completed financial agreements for 1,177 MW Sweihan PV Power Project in Abu Dhabi, this is not the company’s first participation in a large international bid of the highest level, JinkoSolar has already bagged 250MW project in Mexico and 94MW in Argentina. However, this Abu Dhabi project is of 1.177 GW so what does […] Read more
EBRD Approves US$ 500 Million for Private Renewable Energy Projects in Egypt Updated On Fri, Jun 9th, 2017 by Saurenergy The European Bank for Reconstruction and Development (EBRD) financing will support the development of private renewable energy projects under the Egyptian government’s feed-in-tariff programme. The European Bank for Reconstruction and Development (EBRD) has taken a major step forward in the rollout of renewable energy with the approval of a US$ 500 million framework to finance […] Read more
