Uzbekistan’s First Competitively Tendered Solar Project Receives Global Interest Updated On Fri, Mar 29th, 2019 by Saurenergy IFC, a member of the World Bank Group, is advising the government of Uzbekistan on a landmark PPP transaction that will lead to the creation of a 100 MW solar plant in Navoi region. This project will be the first phase of a larger government initiative to generate up to 1 GW of new solar […] 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
At IDEF, the Focus shifts to Solar Products Updated On Thu, Jan 31st, 2019 by Saurenergy New Delhi is hosting the India Distributed Energy Forum, organised by industry body GOGLA, and their partners IFC Lighting Asia/India and the Ashden India Collective. GOGLA, or the Global Association for off Grid Solar is the global body tasked with promoting its members offerings most effectively. The India Regional Representative, Viraj Gada puts it like […] Read more
The Positive Impact of Solar Lanterns on UP, Bihar Households Updated On Thu, Jan 31st, 2019 by Saurenergy The study was presented at the IDEF 2019 forum in New Delhi. A recent study undertaken by IFC’s Lighting Asia/India Program in partnership with d.light analysed the impact of solar lanterns on rural households in Uttar Pradesh and Bihar. The study titled, “Impact of Solar Off-grid Lighting Solutions on Rural Households in the states of […] Read more
The Indian Solar Standalone Product Market Projected to Reach Rs 26,178 Mn by 2023 Updated On Thu, Jan 31st, 2019 by Saurenergy The unveiling of a report, titled- ‘Peering into the future – India and the solar standalone products market’ by GOGLA, at the IDEF event, steer the discussions to the future of the distributed solar market in India, business opportunities, impact and innovations. GOGLA, together with International Finance Corporation, and Ashden India Collective, opened the conference […] Read more
EIB to Provide $11.75 Mn Loan for 34 MW Solar Project in Zambia Updated On Mon, Jun 25th, 2018 by Saurenergy Further, the Zambian project is promoted by Enel company and will also be supported by loans from the IFC, World Bank Group member, and IFC-Canada Climate Change Program. European Union lender, the European Investment Bank (EIB) has provided up to USD 11.75 million loan to support the 34 MW Ngonye solar power plant in Zambia. Further, the Zambian […] Read more
Azure Power Raises $135 Mn via Debt Financing from IFC Consortium Updated On Fri, Jun 1st, 2018 by Saurenergy The company will use these proceedings to finance approximately 200 MWs of it’s solar rooftop projects across the country. Indian solar power producer Azure Power has raised USD 135 million through debt financing from a consortium led by International Finance Corporation (IFC). The IFC led consortium also includes other lenders like FMO – the Dutch […] Read more
Azure Power Hits another Milestone; Surpasses 1 GW of Operating Solar Capacity Updated On Tue, May 15th, 2018 by Saurenergy This milestone was achieved with the company’s recent commissioning of a 50 MW project in Andhra Pradesh. Adding another feather in the cap, Indian solar power producer Azure Power has enhanced its portfolio by surpassing 1 GW of operating solar capacity. The achievement has made it one of the largest solar power companies in India. Further, […] Read more
Rs 2,800 Cr To be Invested in Madhya Pradesh Based Solar Park by IFC Updated On Thu, Jan 11th, 2018 by Saurenergy Continues of the speculation by IFC will be utilized for the development, operation, and upkeep of the solar plant. In one of the greatest arrangements in the sustainable power source space, International Finance Corporation (IFC), some portion of World Bank gathering, is near contributing $440 million or Rs 2,800 crore in Rewa Ultra Mega Solar […] Read more
