New Interpretation of Customs Rule Classify Solar Modules as Electrical Motors and Generators Updated On Fri, Oct 13th, 2017 by Saurenergy Due to new interpretation of custom rules, around 1000 containers of solar modules are held up at the Chennai port, affecting almost all the leading developers because customs authorities have suddenly started classifying solar modules as “electrical motors and generators.” A new interpretation of customs rules has jeopardized India’s solar energy projects, with officials demanding […] Read more
How Solar Won The Dirty Game? Updated On Tue, Oct 10th, 2017 by Saurenergy Who would ever expect a country with generations naively leaned towards fossil fuels and struggling to lighten up their houses will be blessed with solar power. Sounding like intercession, today, a livelihood is well upholstered to arrogate a technology-driven life. Apparently, the black smut coal field where nourishment of human-kind was painted black has open-armed […] Read more
European Investment Bank Signs Partnership Pact with Solar Alliance Updated On Sat, Oct 7th, 2017 by Saurenergy This new agreement reflects shared commitment to successful implementation of the Paris Climate Agreement and ensuring that solar rich economies can harness solar power to increase supply of affordable clean energy. The European Investment Bank (EIB) has agreed on a new partnership with the International Solar Alliance to mobilise finance to develop and deploy affordable […] Read more
Digging Software for Solar Updated On Wed, Oct 4th, 2017 by Saurenergy Solar industry in India seems sound. The most undeniable facet of renewable especially solar is that it floats between both the operational and technology world. Simulation, monitoring, theft-control, system design are critical while yielding a successful solar story. Most importantly, project management solutions are evident for a solar project. Solar is also in the preface […] Read more
ADB to Help Develop Rooftop Solar Power Systems in Sri Lanka Updated On Thu, Sep 28th, 2017 by Saurenergy Apart from extending $50 million loan, ADB will also administer a $1 million technical assistance from the Asian Clean Energy Fund under the Clean Energy Financing Partnership Facility to help build capacity, increase awareness of stakeholders, and support the project’s implementation in Sri Lanka. The Asian Development Bank’s (ADB) Board of Directors has approved a […] 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
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
