Canadian Solar Raises JPY5.4 Billion with Inaugural Dual-Tenor Green Project Bond in Japan Updated On Mon, Apr 3rd, 2017 by Saurenergy The JPY5.4 billion (US$47.0 million) dual-tenor green project bond was issued to finance Canadian Solar’s 19.05 MWp Gunma Aramaki Solar Power Plant in Gunma Prefecture, Japan. Canadian Solar Inc. has announced completion of its second green project bond placement with Goldman Sachs Japan Co., Ltd. The JPY5.4 billion (US$47.0 million) dual-tenor green project bond was […] Read more
European Investment Bank Sanctions EUR 200 Million for Indian Large-Scale Solar Power Projects Updated On Mon, Apr 3rd, 2017 by Saurenergy The State Bank of India gets EUR 200 Million long-term loan from European Investment Bank to fund five different solar power projects in Tamil Nadu and Telangana. The European Investment Bank has confirmed new support for solar power generation in India in partnership with the State Bank of India. The EUR 200 million (INR 1400 […] Read more
Oriano Solar gets Rs 20 crore from Samridhi Fund Updated On Fri, Mar 31st, 2017 by Saurenergy Rs. 20 crore fund from Samridhi Fund will be used by Oriano Solar to finance working capital requirements and expand 45-member team Mumbai-based startup Oriano Solar has raised series A funding worth Rs 20 crore from Samridhi Fund, which is managed by SIDBI Venture Capital Ltd, a wholly-owned subsidiary of Small Industries Development Bank of […] Read more
Canadian Solar Secures JPY4 Billion Credit Facility with SMFL Updated On Thu, Mar 30th, 2017 by Saurenergy Canadian Solar intends to use proceeds from the facility to expand the development of solar energy projects in Japan. Canadian Solar Inc. has announced that its wholly-owned subsidiary Canadian Solar Projects K.K. has entered into a 3-year credit agreement for JPY4 billion (US$35 million) with Sumitomo Mitsui Finance and Leasing Company, Limited (“SMFL”), a member […] Read more
BJP Government’s Big Solar Push Could Run into Land Hurdle: Here is Why Updated On Tue, Mar 28th, 2017 by Saurenergy India’s record with solar power generation does not offer reasons to be optimistic either. With just a few days left for end of financial year 2016-17, India still has over 70 per cent of its target to achieve, while targets for upcoming years are even higher. The Union cabinet decided last month to double India’s […] Read more
ReneSola Provides Updated Outlook for its Solar Project Business Updated On Wed, Mar 8th, 2017 by Saurenergy Renesola currently has approximately 335 MW of solar projects that are under construction and plans to construct over 550 MW in 2017 ReneSola Ltd. one of the leading fully-integrated solar project developer and provider of energy-efficient products, today provided an updated outlook for its project business. Renesola currently has approximately 335 MW of projects that […] Read more
Gaz Métro Acquires Standard Solar Updated On Wed, Mar 8th, 2017 by Saurenergy Investment accelerates Standard Solar’s growth and channel opportunities in distributed generation solar, energy storage markets; bolsters Gaz Métro ’s presence in the booming U.S. solar energy industry Standard Solar has announced that it has been acquired by Gaz Métro, a leading energy provider with more than US$5.8 billion in assets that is actively involved in […] Read more
Zambia Signs Second Scaling Solar Mandate to Develop another 500 MW of Renewable Energy Updated On Fri, Feb 24th, 2017 by Saurenergy The Government of Zambia has signed an agreement with Scaling Solar for a second mandate to Develop another 500 MW of Renewable Energy The Government of Zambia has signed agreements for a second mandate with Scaling Solar, the World Bank Group program that is helping developing countries procure low cost, privately financed, solar power. This […] Read more
IDFC Bank Lends Rs 675 Crore for Rajasthan Solar Power Project Updated On Thu, Feb 23rd, 2017 by Saurenergy IDFC Bank will be sanctioning Rs 675 crore for a solar power project in Rajasthan owned by French company Solairedirect. IDFC Bank is creating a renewable energy niche in loans, sanctioning Rs 675 crore to a Rajasthan-based solar power project owned by French company Solairedirect. The deal could be an early sign of a revival […] Read more
