Gurugram to Organize Solar Mela for Renewable Energy Push Updated On Thu, Aug 10th, 2017 by Saurenergy This solar mela is being organized to provide affordable power to the residents of Gurgaon and to provide a platform to them to come and see for themselves the benefits of solar power. In an attempt to encourage people to switch to solar power, the Gurgaon district administration is organizing a ‘Solar Mela’ on August […] Read more
Alterra Power announces closing of $19.9 million construction loan facility for 11 MW Spartan solar project Updated On Wed, Aug 9th, 2017 by Saurenergy Alterra expects the Spartan project to achieve commercial operations in December 2017 Alterra Power Corp. has announced the closing of a $19.9 million construction loan facility for the Spartan solar project, an 11 MW solar project located on the Michigan State University campus in East Lansing, Michigan. The loan facility is supplied by 1st Source […] Read more
ContourGlobal Adds 20MW of Operating Solar Plants in Italy to European Solar Business Updated On Thu, Aug 3rd, 2017 by Saurenergy The acquisition further expands ContourGlobal’s Italian power business and leverages the company’s existing Italian thermal and renewable operating platform consisting of high efficiency QuadGeneration facilities. ContourGlobal has signed an agreement for the acquisition of a group of companies owning 20MW of operational solar photovoltaic (“PV”) plants in Italy from ErgyCapital S.p.A. The plants, located in […] Read more
Rays Power Infra commissions 5 MW Solar PV Project for Aryavaan Renewable Energy Updated On Tue, Aug 1st, 2017 by Saurenergy The solar PV project that spreads over an area of 25 acres was executed by Rays Power on turnkey basis right from the land acquisition till the commissioning Rays Power Infra has announced that it has successfully completed a 5 MW solar PV project for Aryavaan Renewable Energy Private Ltd. The project execution work was […] Read more
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
