Adani Green Energy Acquires AGEPtel to Foray Global Investments Updated On Wed, Aug 22nd, 2018 by Saurenergy AGEPteL has authorised and paid-up share capital of USD2,000 with no turnover as on March 31, 2018. Adani Group’s solar power generation and manufacturing arm, Adani Green Energy has acquired 100 percent stake in Adani Green Energy Pte (AGEPtel) from its group firm Adani Global Pte (AGPte) as per the BSE filing. Launched in March […] Read more
Trina Solar Receives $30 mn Credit Facility from Vietnam Bank Updated On Mon, Aug 20th, 2018 by Saurenergy The financial aide to Trina Solar will be used to further put on fast track Company’s growth at manufacturing plant in Bac Giang Province of Vietnam. Chinese solar manufacturer, Trina Solar has bagged a funding of USD 30 million from Vietin Bank which would be used to further put on fast track Company’s growth at […] Read more
Juwi Energies secures business for EPC of 250 MW Solar Parks in S.Africa Updated On Thu, Aug 16th, 2018 by Saurenergy The USD 206 million contracts include the 86-MW Waterloo and the 78-MW Bokamoso solar plants, both to be located in North West Province, as well as the 86-MW Droogfontein 2 PV farm in the Northern Cape. Leading renewable energy development services provider, Juwi Energies has bagged contracts for Engineering, Procurement and Construction (EPC) and Operations and […] Read more
EBRD May Extend $ 35.3 mn Loan for 30 MW Solar Park in Kazakhstan Updated On Thu, Aug 16th, 2018 by Saurenergy The construction of the PV Park is seen to help offset around 49,000 tons of carbon dioxide (CO2) emissions and lower reliance on power imports and related transmission losses. The European Bank for Reconstruction and Development (EBRD) is thinking to grant a loan of USD 35.3 million for 30 MW solar parks in Kazakhstan. Subsidy […] Read more
India Offers $75 Mn Credit Support for 100 MW Solar Project in Cuba Updated On Sat, Jun 23rd, 2018 by Saurenergy 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 Updated On Fri, Jun 15th, 2018 by Saurenergy 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 Updated On Sat, May 26th, 2018 by Saurenergy 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 Updated On Fri, May 11th, 2018 by Saurenergy 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 Updated On Mon, Apr 23rd, 2018 by Saurenergy 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
