India Offers $75 Mn Credit Support for 100 MW Solar Project in Cuba

During talks, both countries agreed to enhance cooperation in the fields of renewable energy, biotechnology, traditional medicine and trade and investment. During the third leg of Indian President Ram Nath Kovind’s three nations tour, India offered a USD 75 million credit support to Cuba for a 100 MW solar power project. The President’s Secretariat said […]

Read more

Piyush Goyal Inaugurates NLCIL’s Rs 1,302 Cr Solar PV Projects in TN

The three solar plants are having an installed capacity of 100 MW each and were erected at a cost of Rs 1300 crore, including operation & maintenance cost for 15 years. The Union Minister for railways, coal, finance & company affairs, Piyush Goyal has inaugurated the Rs 1,302 crore worth of Neyveli Lignite Corporation India […]

Read more

Risen Energy Gets Financing from EBRD for 63MW Solar Project in Kazakhstan

The construction of the greenfield 63 MW solar project will kick off in the month of September and is expected to be completed in June next year. Chinese solar panel maker Risen Energy has signed a mandate letter with the European Bank for Reconstruction and Development (EBRD) for financing the construction of a 63 MW solar […]

Read more

AfDB Okays $1.5 Mn Grant for Nigeria’s On-Grid IPP Solar Procurement Program

This program will assist the Nigerian government to achieve its national goal of reaching 75 percent electricity access by 2020 and electrifying unserved and underserved areas. The African Development Bank (AfDB) board has approved the USD 1.5 million grant to support the Nigerian Government’s implementation of phase 1 of the Jigawa 1-GW Independent Power Producer (IPP) solar […]

Read more

Adani’s Mundra Solar Seeks to be $1bn Firm in 2-3 Years

In next 2-3 years, it is also mulling to scale up its manufacturing capacity of modules and cells from the current 1,200 MW to around 3,000 MW. Adani Group’s solar PV manufacturing arm, Mundra Solar PV, eyes to become a USD 1 billion company over the next 2-3 years. In next 2-3 years, it is […]

Read more

CMEC to Invest €230 mn in Solar Plant Construction in Ukraine

This plant will be built in Dnipropetrovsk region until the end of 2018. Construction engineering company China Machinery Engineering Corporation (CMEC) is planning to invest EUR 230 million for the construction of the largest solar power plant in Ukraine. This plant will be built in Dnipropetrovsk region until the end of 2018. Further, the corresponding […]

Read more

Mahindra Renewables gets Rs 750 cr Assistance from Yes Bank for Rewa Solar Proj

This project also demonstrates Mahindra Group’s commitment and focus towards renewable energy by partnering with leading banks like Yes Bank, which has a significant renewable energy footprint, says Zhooben Bhiwandiwala. Mahindra Renewables has achieved financial closure for its 250 MW solar power project, to be located in Rewa district of Madhya Pradesh with Yes Bank for […]

Read more

Don’t Grant Loans to Huge Loss Making Discoms, says RK Singh to REC, PFC

He said that many distribution companies have been making heavy transmission and distribution (T&D) losses and it may be difficult for them to repay the loans. In a review meeting, the Union Minister of State (IC) Power and New & Renewable Energy, R K Singh has directed the two financing arms of the Power Ministry […]

Read more

To help personalise content, tailor your experience and help us improve our services, saurenergy.com uses cookies.
By navigating our site, you agree to allow us to use cookies, in accordance with our Privacy Policy.

      SUBSCRIBE NEWS LETTER
Scroll