Etrion and Hitachi High-Technologies signs Project Finance Agreement for 13.2 MW Komatsu solar project in Japan Updated On Mon, Nov 21st, 2016 by Saurenergy Etrion Corporation, a solar independent power producer, announced today the signing of a project finance agreement with Sumitomo Mitsui Trust Bank, Limited (“SuMi Trust”) for the construction of the 13.2-MW Komatsu solar project located in the Ishikawa Prefecture of Japan. Marco A. Northland, Etrion’s Chief Executive Officer, commented: “I am delighted to announce the signing […] Read more
SolarCity raises USD 345 million from four partners to finance new solar projects Updated On Mon, Jul 18th, 2016 by Saurenergy SolarCity has raised $345 million in tax equity from four separate partners in June and July to finance new solar projects. The fund will cover capital cost of new equipment and installations and make it possible for customers to pay less for solar power than they for utility power. Beside the USD345 million in new […] Read more
Etrion and Tamagawa signs a project finance to build a 9.5 MW utility-scale solar project in Japan Updated On Mon, Jul 11th, 2016 by Saurenergy Etrion Corporation and Tamagawa Holdings announced signing of the project finance and construction of the Aomori solar power project located in Misawa city in the Aomori prefecture of the Tohoku region in Japan. Aomori is a 9.5 MW utility-scale solar PV power plant to be built in Aomori Prefecture of Japan. Construction-related works are expected […] Read more
SECI asks World Bank to finance 50% of it solar projects Updated On Tue, May 3rd, 2016 by Saurenergy The Solar Energy Corporation of India (SECI) set up originally to help the growth of solar power in the country by holding auctions and promoting projects under the Jawaharlal Nehru National Solar Mission, is now going ahead with plans of developing a second suite of PV projects in India claims a report. According to ET […] Read more
Distributed Solar Startup Aerem Raises Rs 100 Crores Updated On Fri, Apr 4th, 2025 by Saurenergy Aerem, a solar platform dedicated to simplifying solar adoption for businesses and households, has announced that it has secured ₹100 crore in Series A round led by UTEC (University of Tokyo Edge Capital Partners), the Japan-based $700 million venture firm. The funds will drive the company’s expansion across India and enhance its solar financing and marketplace […] Read more
ACME Solar Secures ₹2,491 Cr Refinancing for 490 MW RE Projects Updated On Thu, Apr 3rd, 2025 by Saurenergy ACME Solar Holdings, a unit of the diversified ACME Group, has secured a Rs 2,491 crore long-term project finance facility for 18-20 years. The refinancing will help the company restructure its existing debt and lower financing costs for its 490 MW operational renewable energy projects across Andhra Pradesh, Rajasthan, and Punjab. The refinancing, secured from […] Read more
5 Ways Battery Storage Is Transforming Solar Energy Deployments Updated On Tue, Apr 1st, 2025 by Saurenergy Solar power’s biggest ally, the battery energy storage systems (BESS), has arrived in force in 2024. The pairing of batteries with solar photovoltaic (PV) farms is rapidly reshaping how and when solar energy is used, turning daylight-only generation into flexible, round-the-clock power. BESS has meant the momentum does not flag for solar deployments, even in […] Read more
As Fy25 Ends, A Mixed Message For Solar From Regulators, Courts Updated On Tue, Apr 1st, 2025 by Saurenergy The final week of March, also the end of the financial year 2024-25, saw a troika of rulings in favour of solar, and solar customers by extension, across key states of Maharashtra, Karnataka and Tamil Nadu. Maharashtra Regulator Backs Solar With Vote For Status Quo In Maharashtra, the Maharashtra Electricity Regulatory Commission (MERC) […] Read more
Pentagreen, BII Invest $80M With ib vogt To Build Solar, BESS in SE Asia Updated On Wed, Mar 26th, 2025 by Saurenergy Pentagreen Capital (Pentagreen) and British International Investment (BII) have announced joint financing of US$80 million to accelerate the rollout of utility-scale solar and battery storage projects across Southeast Asia. These companies are developing their latest project in collaboration with ib vogt Singapore Pte. Ltd. (ib vogt), an international renewable energy development platform. Pentagreen is the sustainable […] Read more