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
Solar capacity addition to reach up to 7.5 GW in FY18: ICRA Updated On Sat, Apr 1st, 2017 by Saurenergy Solar capacity addition is expected to increase from 3.5-4 GW in FY17 to at least 7-7.5 GW (in grid connected utility segment) in FY18. Given the number of projects awarded under the National Solar Mission (NSM) and the state policy route in the past 12-18 months, solar capacity addition is expected to increase up to […] Read more
Banks are planning to cut funding to Rajasthan’s power distribution companies missing UDAY targets: Report Updated On Sat, Apr 1st, 2017 by Saurenergy Rajasthan’s power distribution companies have not revised power tariffs as previously agreed which can affect the funding that they receive from banks under UDAY scheme Banks are reportedly planning to cut funding to Rajasthan’s power distribution companies (DISCOMS) which have missed financial targets set under the Ujjwal Discom Assurance Yojana (UDAY). Two bankers aware of […] Read more
CleanMax Installs 1.5MW Rooftop Solar Power Plant at AMU Updated On Fri, Mar 31st, 2017 by Saurenergy In collaboration with SECI and MNRE, CleanMax Solar has commissioned 1.5 MW rooftop solar power plants across 17 roofs at Aligarh Muslim University. India’s one of the oldest and most renowned educational institutes, Aligarh Muslim University has turned to solar power to meet its electricity needs. In collaboration with SECI and MNRE, CleanMax Solar has […] Read more
Azure Power Wins Indian Railway’s Largest Rooftop Solar Power Project Updated On Thu, Mar 30th, 2017 by Saurenergy Azure Power wins 46 MWs of solar projects from Indian Railways across 11 states in India, and company’s rooftop portfolio now more than 100 MWs across 14 states in India. Azure Power, a leading solar power producer in India, announced that it has won 46 MWs of rooftop solar power projects across eleven states pan […] Read more
Azure Power Commissions 7MW Solar Power Plant for Defence Establishments in Maharashtra Updated On Thu, Mar 30th, 2017 by Saurenergy Azure Power becomes the first private solar company to power the Defence Ministry under the National Solar Mission Azure Power, a leading solar power producer in India, commissioned 7 MWs of solar plant capacity in the state of Maharashtra and is the first private solar power project to be set up at defence establishments under Ministry […] Read more
Azure Power Commissions 130 MWs in Karnataka; Now Largest Solar Plant Operator in the State Updated On Wed, Mar 29th, 2017 by Saurenergy Azure Power, a leading solar power producer in India, announced that it has commissioned a 130 MW solar power project in Chitradurga district, Karnataka under the Karnataka Solar Policy 2014-2021. With this commissioning, Azure Power is now the largest operator of solar power plants in Karnataka. Azure Power has a contract to supply power for […] Read more
IREDA to sanction Rs 13,000 crore loan for renewables in FY18 Updated On Mon, Mar 27th, 2017 by Saurenergy Indian Renewable Energy Development Agency will be sanctioning Rs 13000 crore loan to meet the Government’s target of achieving 15 to 16 GW of renewable energy projects. State-run Indian Renewable Energy Development Agency (IREDA) will sanction Rs 13,000 crore for clean energy projects next fiscal in the country, vying for around 20 per cent of […] Read more
India’s 60-65 per cent of installed power generation capacity will be from Renewable Energy: Piyush Goyal Updated On Sat, Mar 25th, 2017 by Saurenergy “India’s renewable energy programme is a great example of how you can do big by thinking big.” Power Minister Piyush Goyal today at Take Pride event organized by CII said that India’s 60-65 per cent of installed power generation capacity will be from renewable energy. “Going by prices we have discovered, I am inspired to say that 60-65 per […] Read more
