Africa Finance Corp to Invest $63 Mn in 60 MW Wind Farm in Djibouti Updated On Mon, Feb 24th, 2020 by Saurenergy Africa Finance Corporation has announced a USD 63 million investment to construct and operate a 60 MW wind project in the Ghoubet area of Djibouti. Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, has announced a USD 63 million strategic investment to construct and operate a 60MW wind project in the Ghoubet […] Read more
KEC Expands Global Footprint; Acquires Transmission Tower Mfg Unit in Dubai Updated On Mon, Feb 24th, 2020 by Saurenergy RPG Group flagship firm KEC International (KEC), through its arm KEC Towers LLC, has acquired an automated transmission tower manufacturing facility in mainland Dubai, United Arab Emirates (UAE). The global infrastructure Engineering, Procurement and Construction (EPC) major has won Dubai-based facility, with a capacity of 50,000 tons p.a., in an auction sale conducted by the Emirates Auction Authority. The BSE-listed company […] Read more
NIWE Issues EOI for 1 MW Rooftop Solar PV Plant in Chennai Updated On Mon, Feb 24th, 2020 by Saurenergy NIWE on behalf of CMWSSB has issued an EOI for setting up of a 1 MW rooftop solar plant on the underground tank at Chembarambakkam WTP in Chennai. The National Institute of Wind Energy (NIWE) on behalf of the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB) has issued an Expression of Interest (EOI), inviting […] Read more
Leclanché Secures $65 Mn Loan Facility to Expand Operations Updated On Mon, Feb 24th, 2020 by Saurenergy Leclanché has signed an agreement with Yorkville Advisors for an unsecured convertible loan facility with a maximum ceiling of USD 40 million. One of the world’s leading energy storage companies Leclanché has signed an agreement with Yorkville Advisors Global, a New Jersey-based investment firm providing for an unsecured convertible loan facility with a maximum ceiling […] Read more
LFDE, ÉNES Launch Largest Solar Thermal Power Plant in France Updated On Mon, Feb 24th, 2020 by Saurenergy LFDE has launched in Creutzwald the largest thermal solar power plant in France injecting the heat produced into the network, in partnership with ÉNES. La Française de l’Énergie (LFDE), a leader in industrial ecology has strengthened its position in green energies with the launch in Creutzwald of the largest thermal solar power plant in France […] Read more
State Fund, Engie to Build Solar, Storage & EV Charging Stations in California Updated On Mon, Feb 24th, 2020 by Saurenergy The State Fund and Engie North America have announced an agreement to build solar panels, energy storage systems, and EV charging stations across California The State Compensation Insurance Fund (State Fund) and Engie North America have announced an agreement to build solar photovoltaic (PV) panels, energy storage systems, and electric vehicle (EV) charging stations across […] Read more
MNRE to Soon Issue Relief Guidelines for Solar Projects Delayed By Coronavirus Updated On Sat, Feb 22nd, 2020 by Saurenergy With an aim to save renewable energy developers from expected delays in project commissioning on the back of lack of supply from China due to spread of coronavirus, the Ministry of New and Renewable Energy (MNRE) will provide extra time for such developers. The move is expected to be in line with the earlier clarification […] Read more
Mahindra Renewables Sells its 3 Arms to CLP India for About Rs 340 Cr Updated On Sat, Feb 22nd, 2020 by Saurenergy India’s leading car maker Mahindra & Mahindra said that its wholly-owned renewables subsidiary, Mahindra Renewables, has sold its entire stake in three subsidiaries for about Rs 340 crore to CLP India, an arm of Hong Kong-based CLP Group. CLP India has entered into a share purchase agreement to buy 100 percent shareholding each in Cleansolar Renewable […] Read more
TNERC Approves Rs 2.91 Tariff for Procurement of 441 MW Wind Power Updated On Fri, Feb 21st, 2020 by Saurenergy TNERC has approved a tariff rate of Rs 2.91/kWh for TANGEDCO to procure nearly 441 MW of wind power through SECI for a period of 25 years. The Tamil Nadu Electricity Regulatory Commission (TNERC) in its latest order has approved a tariff rate of Rs 2.91/kWh for the Tamil Nadu Generation and Distribution Corporation (TANGEDCO) […] Read more
