Evolution II Fund Closes ZAR100 Mn Investment Targeting C&I Solar Rooftop Market in Africa Updated On Tue, Feb 5th, 2019 by Saurenergy The investment will be used to finance rooftop solar projects for commercial and industrial consumers. Inspired Evolution, an Africa-focused investment advisory firm that specialises in the clean energy sector, has closed a ZAR100 ($7.47) million investment facility by its Evolution II Fund into Commercial Energy SA – an affiliate of SolarAfrica. Commercial Energy SA offers […] Read more
Aurora Solar Raises $20 Mn to Scale Solar Software Updated On Tue, Feb 5th, 2019 by Saurenergy This financing signals a high-growth phase for Aurora, as the company expands its product functionality to further streamline solar installers’ processes. San Fransisco startup, Aurora Solar, one of the leading software platforms for distributed solar, has raised $20 million in a Series A round, led by Energize Ventures. S28 Capital also joins existing investor, Pear, in the round. “We see a […] Read more
PMC Gets Rooftop Solar Power Setup on 34 Buildings Updated On Tue, Feb 5th, 2019 by Saurenergy With the new solar systems, the civic body expects to save Rs 1 crore per annum on electricity bills. The Pune Municipal Corporation (PMC) now has a rooftop solar system on 34 of the municipal properties in the city. The capacity of these rooftop systems range anywhere between 100 kW and 500 kW and cumulatively […] Read more
Containerised Solar PV Solutions to Provide Clean Energy to Off-Grid Populations Updated On Tue, Feb 5th, 2019 by Saurenergy The containerised system can work as a grid-tied system where power is available and as an off-grid system where the grid is unavailable. Keeping in view the agenda of attaining universal electricity access by 2030, and to enable access to reliable and affordable energy, STEAG Energy Services has developed a containerised hybrid Solar PV solution […] Read more
Uzbekistan Issues Tender in Partnership with IFC for 100 MW Solar Project Updated On Tue, Feb 5th, 2019 by Saurenergy Based on the success of the implementation of the tender, the volume of the projects will be raised to 900 MW in consequent tenders. Uzbekenergo JSC, a government-owned power utility, has issued a request for selection (RfS) for 100 MW of grid-connected solar projects to be developed in Navoi region of the Republic of Uzbekistan. […] Read more
Tender for 53 Solar Pumping Systems Issued in Maharashtra Updated On Tue, Feb 5th, 2019 by Saurenergy The bid submission deadline for all the tenders is February 11, 2019, and the technical bids will be opened on February 13, 2019. The Rural Water Supply Department under the Palghar Zilla Parishad has invited online percentage rate tenders from engineers registered in the appropriate class/category with Maharashtra Jeevan Pradhikaran (MJP) & Zilla Parishad (ZP) […] Read more
Kerala Floats Tender for 3 MW Solar Plant at Kannur Naval Station Updated On Tue, Feb 5th, 2019 by Saurenergy The last date of bid submissions is February 11, 2019, and the technical bids will open on February 14, 2019. The Kerala State Electronics Development Corporation (KELTRON) has issued tender to set up a 3 MW grid-connected solar photovoltaic (PV) project at The Indian Naval Academy, Naval Station, Ezhimala, Kannur. The brief scope of work for […] Read more
Tamil Nadu Sets Target for 9 GW with New Solar Policy Updated On Tue, Feb 5th, 2019 by Saurenergy Tamil Nadu will need to add 1,700 MW of solar capacity per annum for the next 4 years to attain the new target. Tamil Nadu has issued its latest state solar policy the “Vision Tamil Nadu 2023”, a revision from its 2012 policy which had a target of 3 GW of installed capacity by 2015. The […] Read more
ReneSola Secures Financing for Hungary and Poland Projects Updated On Tue, Feb 5th, 2019 by Saurenergy Eiffel Energy Transition Fund will finance ReneSola’s 41.3 MW project in Hungary and 55 MW projects in Poland in the amount of Euro 13,428,000. ReneSola Ltd., a leading fully integrated solar project developer, has entered into a bridge financing agreement with Eiffel Energy Transition Fund for its photovoltaic projects in Hungary and Poland. Xianshou Li, Chairman and Chief Executive Officer of ReneSola, said, […] Read more
