Solarpack Raises USD$104 Million in Financing for Solar Power Projects in Chile and India Updated On Tue, May 16th, 2017 by Saurenergy Six solar power projects in India has received $69 million through an Indian financial entity, while a group of Chilean banks has financed three of the Solarpack’s Chilean Small Means of Distributed Generation projects for $35 million. Solarpack has raised a total of USD$104 million for nine solar power projects in Chile and India. A […] Read more
Foxconn and SoftBank to Bring World’s Cheapest Solar Power in India Updated On Sat, May 13th, 2017 by Saurenergy SBG Cleantech Ltd., the clean-energy joint venture between Japan’s SoftBank Group Corp., India’s Bharti Enterprises Pvt. and Taiwan’s Foxconn Technology Group quoted 2.45 rupees to scoop up the 300 MW solar power project. Companies led by SoftBank Group Corp. of Japan and Taiwan’s Foxconn Technology Co. Ltd. are bringing India some of the cheapest solar […] Read more
BayWa r.e. commissions solar projects with output of 76MWp Updated On Mon, May 8th, 2017 by Saurenergy BayWa r.e. has set up all of these turnkey plants within the last five months. The commissioning in March 2017 ensured accreditation of these solar projects for ROC 1.2 promotional programmes in England and Wales as well as for ROC 1.4 in Northern Ireland BayWa r.e. has announced that it has successfully connected seven solar […] Read more
AMU’s answer to minority tag is nanotech, solar research Updated On Mon, May 8th, 2017 by Saurenergy What is little known about AMU is the kind of path-breaking research the institution is doing in the areas of nanotechnology and solar energy. The Aligarh Muslim University (AMU), a nearly 100-year-old institution born out of the independence movement and the quest to modernise Muslim education, has often been a victim of minority politics that […] Read more
Ellomay to Buy 300 MWp Spanish Solar Power Project Updated On Wed, May 3rd, 2017 by Saurenergy Ellomay has entered into a SPA, acquiring the Spanish firm behind the project, Talasol Solar’s 300 MW solar power project with purchase amount of EUR 10 million. Ellomay Capital Ltd., an emerging operator in the renewable energy and energy infrastructure sector has announced its entry, through one of the Company’s subsidiaries, into a share purchase […] Read more
Canadian Solar Secures AUD65 Million Project Financing for its 47MWp Solar Power Projects in Australia Updated On Tue, May 2nd, 2017 by Saurenergy The 17MW Longreach 30MW Oakey solar power projects in Queensland, Australia are both scheduled to commence construction in May 2017 and reach commercial operation in early 2018. Canadian Solar, one of the world’s largest solar power companies, today announced that it has secured AUD65 million (US$50 million) of non-recourse project financing with a 5-year term […] Read more
Fotowatio Renewable Ventures Raises $29 Million from IFC to Fund 100 MW Solar Power Projects in Andhra Pradesh Updated On Sat, Apr 29th, 2017 by Saurenergy The Company is building two solar power projects of 50MW each in Andhra Pradesh. The cost of the project is estimated at $119 million which will be funded through a mix of 75 per cent debt and 25 per cent equity. Fotowatio Renewable Ventures (FRV) has raised $29 million (~Rs.1.86 billion) in non-convertible debentures (NCDs) […] Read more
SOLAR HOME STORAGE: IS INDIA READY? Updated On Wed, Apr 26th, 2017 by Saurenergy The solar industry is churning new dialogues to woo clean energy and become self-reliant for all the modern power needs. When modules gets nodal nudge the billion-dollar market influxes with a proficient game-plan. Climate change concerns, state initiatives including solar portfolio standards, and consumer efforts are resulting in increased deployments of clean technologies. Solar photovoltaics […] Read more
Indian Railways looking to set up Rs. 200 crore 50 MW solar power plant in Bhilai, Chhattisgarh: Report Updated On Tue, Apr 25th, 2017 by Saurenergy The project cost of the 50 MW solar power plant is estimated to be around Rs. 200 crore. Of the total cost, 20 per cent will be borne by the Indian Railways. The Indian Railways is reportedly looking to set up a 50 MW solar power plant in Bhilai, Chhattisgarh, through Railway Energy Management Company […] Read more
