EIB to Sign Loan Agreement with India for Renewable Energy Projects on March 10 Updated On Thu, Mar 8th, 2018 by Saurenergy The EIB claimed that it is the world biggest financier of climate action and clean energy projects. In 2017 the EIB financed EURO 19.6 billion of climate action projects, which is about 28 percent of its total financing. In a significant development, European Investment Bank (EIB) said it will ink an agreement on Saturday to […] Read more
Amplus Signs Rs 2,700 cr Solar Energy Deal with Andhra, Maharashtra Updated On Wed, Mar 7th, 2018 by Saurenergy The rooftop solar energy company has signed an MoU with Andhra Pradesh government to install 200 MW solar capacity with investment of Rs 1,200 crore. Gurgaon-based Amplus Energy Solutions Pvt. Ltd has inked a pct with the state governments of Maharashtra and Andhra Pradesh to build solar projects with an investment of Rs 2,700 crore. The rooftop […] Read more
Canadian Solar Secures $149m Loan for 53 MW in Japan Updated On Mon, Mar 5th, 2018 by Saurenergy The Oita Hijimachi solar power project is located in southern Japan. Construction of the project commenced in November 2017. Canadian Solar announced that it has secured a non-recourse project finance facility of up to JPY16 billion ($149 million) from Shinsei Bank, Limited for its 53.4 MWp Oita Hijimachi solar power project. The non-recourse facility has […] Read more
Intersolar India is celebrating its 10th anniversary in Bengaluru – the Silicon Valley and technology hub of India Updated On Thu, Mar 1st, 2018 by Saurenergy Solar developments in India grew exponentially in 2017. Further announcements and new market opportunities in the energy storage and electric mobility sector strengthen India to become an interesting and very promising market in the future. The state of Karnataka is one of the most flourishing Indian solar markets and the first Indian state to launch […] Read more
Enel Begins Operations at 103 MW Solar Park in Brazil Updated On Tue, Feb 20th, 2018 by Saurenergy For this project, Enel Green Power claims to have invested around $110m for the construction of the Horizonte solar park. Italian renewable energy company Enel has begun operations at the 103MW Horizonte solar park in Brazil through its subsidiary Enel Green Power Brasil Participações (EGPB). The solar park is located in the municipality of Tabocas […] Read more
SunSource Energy Aims to Set-Up 200 MW Solar Park in UP Updated On Sat, Feb 17th, 2018 by Saurenergy The project will be financed through a mix of debt and equity. Solar power solutions provider, SunSource Energy Pvt Ltd is planning to build a 200-mw solar park in Uttar Pradesh (UP) with an investment of Rs 900 crore. Commenting on the matter, SunSource Energy, President, and Co-Founder, Kushagra Nandan said, “At the Uttar Pradesh Investors Summit […] Read more
Sterling and Wilson to Build Zambia’s Largest Solar Plant Updated On Wed, Feb 7th, 2018 by Saurenergy Sterling and Wilson was ranked as the world’s largest pure play solar EPC company (outside USA and China) by IHSMarkit in Q1 2017. Sterling and Wilson, leading Global Solar EPC Company has been chosen to construct Zambia’s largest solar plant, of capacity 54.3 MWp. It is the first project to be implemented in the frame […] Read more
Budget 2018: Reactions From the Solar Industry Updated On Thu, Feb 1st, 2018 by Saurenergy Jaitley in his budget 2018 speech proposed that the duty on solar tempered glass or solar tempered [anti-reflective coated] glass for the manufacture of solar cells, panels, modules be reduced from 5 percent to zero. The Budget 2018 presented by Finance Minister Arun Jaitley has proposed to eliminate the import duty on components that […] Read more
Ireda and Rumsl Join Hands for Large-Scale Solar Parks in Madhya Pradesh Updated On Thu, Feb 1st, 2018 by Saurenergy Out of the total power proposed to be generated at Rewa solar park, 24% has been agreed to be purchased by Delhi Metro Rail Corporation and balance 76% by Madhya Pradesh Power Management Company Ltd ( MPPMCL). Indian Renewable Energy Development Agency Limited (IREDA) and Rewa Ultra Mega Solar Limited (RUMSL) signed an agreement today […] Read more
