Facebook Partners with Longroad Energy For 379 MW Texas Solar Project Updated On Fri, May 31st, 2019 by Saurenergy Facebook will be the sole tax equity investor for the project, the company’s first direct investment in a renewable energy project. Longroad Energy, a US-based renewable energy developer, has announced the financial close and start of construction of its Prospero Solar project in Andrews County, Texas with a total financing package of approximately $416 million. […] Read more
Alfa Ventures Invests in Noida-Based Skilancer Solar Updated On Tue, May 28th, 2019 by Saurenergy Alfa Ventures recently has invested in cleantech startup Skilancer Solar. Venture Capitalist fund, Alfa Ventures has announced that it has invested in Noida-based startup, Skilancer Solar. The VC fund has, however, not disclosed the amount that it has invested in the startup that primarily works in artificial intelligence-powered autonomous robot for cleaning of solar panels. […] Read more
ADB Grants $4Mn Loan For 15.1 MW Solar Plant in Afghanistan Updated On Tue, May 28th, 2019 by Saurenergy The Asian Development Bank (ADB) has signed a $4 million loan with a special purpose vehicle (SPV) to help build a 15.1 megawatt (MW) solar power plant in Afghanistan. The Asian Development Bank (ADB) has signed a $4 million loan with a special purpose vehicle (SPV) and subsidiaries owned by the 77 Construction, Contracting, and Trading […] Read more
Scatec Solar Brings on MT Energy For 485 MW Solar Projects in Vietnam Updated On Fri, May 24th, 2019 by Saurenergy Scatec Solar is envisioned to provide the project’s equity funding. In addition, the company will be the turn-key EPC provider and will be providing Operation & Maintenance as well as Asset Management services to the projects. Norway-based Scatec Solar has partnered with MT Energy, a Vietnamese energy company, to develop, finance, construct and operate large-scale […] Read more
Kerala Commission Orders State Discom to Clarify PPA Arrangements For Wind Project Updated On Thu, May 23rd, 2019 by Saurenergy The Commission noted that both the parties need to arrive at a consensus for getting the approval of the PPA to be entered, and regarding the tariff, commercial operation date. The Kerala State Electricity Regulatory Commission (KSERC) recently held a hearing for a petition filed by Kosamattam Finance Ltd. (KFL) regarding the project tariff period, […] Read more
Over Rs 150 Crore Rooftop Solar Power Scam Surfaces in JAKEDA Updated On Mon, May 20th, 2019 by Saurenergy A multi-crore scam has surfaced in Jammu and Kashmir Energy Development Agency (JAKEDA). Solar Projects worth Rs 155 crore for supply, installation and commissioning of roof top solar power plants were allotted to 10 firms without any tenders while the 14 other firms which qualified in the tendering process got just Rs 42.35 crore contract, […] Read more
Canadian Solar Secures $50Mn Loan For International Project Pipeline Updated On Fri, May 17th, 2019 by Saurenergy Canadian Solar, one of the world’s largest solar power companies, recently announced the closing of a US$50 million term loan from Credit Suisse AG, Singapore Branch. The company issued in a statement that it intends to deploy the term loan to support the development of international solar project pipeline and for general corporate purposes. The U.S. dollar-denominated term loan […] Read more
CDPQ Invests in Lightsource BP For $194 MN Solar Financing Platform Updated On Wed, May 15th, 2019 by Saurenergy The facility will initially be used to finance a diversified portfolio composed of over 100 solar projects located across various countries and totalling more than 700 MW. Canadian institutional investor, Caisse de dépôt et placement du Québec (CDPQ) and Lightsource BP recently announced a debt investment of £150 million ($194 million) to finance a portfolio of solar assets […] Read more
Ørsted Issues Green Bonds to Finance Next Wave of Offshore Wind Projects Updated On Fri, May 10th, 2019 by Saurenergy The investment strategy will include the investment in the biggest offshore wind farm in the world, the Hornsea 2 in the United Kingdom with a capacity of 1,386 MW. The largest energy company in Denmark and the world’s largest offshore wind energy developer, Ørsted has successfully issued green bonds. The company announced in a statement […] Read more
