India and ADB Sign $175 Million Loan Agreement to help improve Solar Transmission System Updated On Fri, Apr 7th, 2017 by Saurenergy Asian Development Bank has granted $175 Million Loan Agreement to India for supporting construction of high voltage transmission systems to evacuate power generated from new mega solar parks. The Government of India and the Asian Development Bank (ADB) signed a $175 million loan agreement to support construction of high voltage transmission systems to evacuate power […] Read more
Delhi Railway Stations to get Rooftop Solar Power Plants Updated On Thu, Apr 6th, 2017 by Saurenergy Delhi’s four major railway stations will soon be installed with rooftop solar power plants, contributing towards reducing carbon footprint. Four major railway stations in Delhi will soon reduce their carbon footprint with rooftop solar power plants with a total five MW capacity. The power plants will be installed at New Delhi Railway Station, Hazrat Nizamuddin […] Read more
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
