Rays Power Infra Raises Rs 200 Cr from DMI Finance Updated On Fri, Dec 21st, 2018 by Saurenergy The capital will be predominantly used to strengthen the company’s presence in the country and to develop ground mounted solar power projects. Mumbai-based solar power developer Rays Power Infra announced that it has successfully raised Rs 200 crore in debt and equity financing in the first round from DMI Finance. The capital will be predominantly […] Read more
Wintery Breath Clouding The Sunny Solar Sky! Updated On Wed, Dec 19th, 2018 by Saurenergy Winter has already approached and the month of December is also knocking our doors. Before we plan for Christmas and New Year holidays, I reckon, this is the perfect time to look back on the past one year journey of our solar industry and do some analysis on it. This New Year not only brews […] Read more
Silverpeak Launches Renewable Investment arm to Finance Green Projects Updated On Thu, Dec 13th, 2018 by Saurenergy The investment arm will be run by Santosh Raikarwho has joined Silverpeak as the strategy’s managing partner. Ramping up the investment platforms for renewable energy, enewable Investment armsak Renewables Investment Partners will provide an opportunity to institutional investors to invest in renewable technologies such as wind, solar and in the area of energy storage. The […] Read more
Solar Energy Production in the year 2018-19 was 21.365 Billion Units Updated On Wed, Dec 12th, 2018 by Saurenergy Central Electricity Authority (CEA) has reported that the total solar energy production in the year 2018-19 was 21.365 Billion Units (BUs), as on 31.10.2018. The year-wise details of solar energy production since, 2015 are given as under: – S. No Year Generation from Solar Projects (BUs) 1. 2015-16 7.448 2. 2016-17 13.499 3. 2017-18 25.871 […] Read more
UK Government Gives £100 million for Renewable Energy Projects in Africa Updated On Tue, Dec 11th, 2018 by Saurenergy The new investment triples funds for the Renewable Energy Performance Platform (REPP), to support up to 40 more renewable energy projects over the next 5 years UK Government has earmarked a fund of £100 million for the development of renewable energy projects in Africa. The new investment triples funds for the Renewable Energy Performance Platform […] Read more
LONGi Solar Named Tier-1 Module Maker in Q4 BNEF Report Updated On Mon, Dec 3rd, 2018 by Saurenergy BNEF’s criteria require module manufacturers to have supplied own-brand, own-manufacture products to six different projects over 1.5MW that have been financed by six different banks in the past 2 years. One of the leading solar modules manufacturer LONGi Solar has been named tier-1 module manufacturer in the Bloomberg New Energy Finance’s (BNEF) fourth quarter 2018 report. […] Read more
Freedom Solar Launches Commercial Solar Financing Vehicle in Texas Updated On Sat, Dec 1st, 2018 by Saurenergy The company said in a statement that financing through it allows companies to finance up to 70 percent of the cost of an entire solar installation and ensures that an investment in solar is cash-flow positive from day one. Freedom Solar Financial Services, the first solar financial vehicle of its kind in Texas, has raised […] Read more
Green Bank Network Earmarks $10 Billion for Green Projects Updated On Fri, Nov 30th, 2018 by Saurenergy Green Bank members invest across multiple technology platforms such as wind, utility, and small-scale solar, energy efficiency, low-carbon transport etc,. Green Bank Networks, specialized financial institutions involved in financing green projects, are expected to shell out $41 billion in as capital for projects around the globe. Green Bank members invest across multiple technology platforms such […] Read more
European Commission Approves 600 Million Euros in State Aid to French Solar Projects Updated On Thu, Nov 29th, 2018 by Saurenergy The approval has been given under EU State aid rules which prohibits financial support by the government towards a business entity unless it is justified The European Commission has given its approval to a measure of providing stat sponsored financial support of 600 million euros innovative solar power installations in France. The approval has been […] Read more
