Argentina Signs Framework Agreement of ISA Updated On Tue, Feb 19th, 2019 by Saurenergy Argentina has become the 72nd country to sign the Framework Agreement of the International Solar Alliance (ISA). The agreement was inked on the sidelines of the official three-day visit of Argentinian President Mauricio Macri to India by Argentina’s Foreign Minister Jorge Faurie in the presence of ISA’s Director-General Upendra Tripathy. “A new partner in the Alliance. Foreign […] Read more
Review of a PV Plant Featuring Single-Axis Trackers Updated On Tue, Feb 19th, 2019 by Saurenergy Soltec, a leading manufacturer and supplier of single-axis solar trackers and related services in large-scale projects, supplied 162 MW of complete tracker equipment to a PV power plant located in Northeast Brazil. The project counts with 5,368 units of the innovative independent-row tracker. Eliminating array-gaps at all pile mounting locations, SF7 achieves complete tracker module […] Read more
Canadian Solar Wins 94 MWp Subsidy-Free Electricity Contracts Updated On Sat, Feb 16th, 2019 by Saurenergy Post commissioning, these plants are expected to fulfill 55% of electricity needs of Alberta provincial government. Solar PV modules maker Canadian Solar has won three contracts with Alberta’s Ministry of Infrastructure, for a total of 94 MWp solar power system in Southeast Alberta, with an average contracted PPA price of C$ 48.05 per MWh. Moreover, in 2019, […] Read more
PPA For 250 MW Wind Farm Signed in Egypt Updated On Thu, Feb 14th, 2019 by Saurenergy The project will produce more than 1000GWh a year, powering the equivalent of over 350,000 homes in Egypt. Lekela, the renewable power company that delivers utility-scale projects across Africa, has signed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for its 250MW wind farm project in the Gulf of Suez, near […] Read more
Interview with Hemant Lamba, Chairperson, Ashden India Collective Updated On Tue, Feb 12th, 2019 by Saurenergy Ashden India Collective (AIC) – a network of India-based winners of the prestigious Ashden Awards. It has 27 member organisations and entrepreneurs from around India. Individually the members of the Collective work to increase the number of Indians benefiting from affordable, clean energy. In an exclusive interview with Saur Energy International during the India […] Read more
Exporting Solar. EXIM Bank to Provide $1.4 Bn For Projects in 15 nations Updated On Tue, Feb 12th, 2019 by Saurenergy The bank has already provided LOCs worth $226 million to finance 16 solar projects in various developing countries. The Export-Import Bank of India (EXIM) will finance 27 solar power projects worth $1.4 billion spread across 15 countries, according to the Managing Director of the Bank, David Rasquinha. “As an agent of Government of India, we […] Read more
IREDA IPO Expected By September Updated On Fri, Feb 8th, 2019 by Saurenergy IREDA will issue fresh 13.90 crore shares, increasing the paid-up share capital of the company from Rs 784 crore to Rs 923 crore. The initial public offer (IPO) of state-owned Indian Renewable Energy Development Agency (IREDA) will be launched before September 2019, a top official has confirmed. “We can raise up to 15 percent of our equity. […] Read more
Nike Signs First Wind Power PPA in Europe Updated On Thu, Feb 7th, 2019 by Saurenergy The global sporting brand now benefits from the supply of over 200 megawatts (MW) of renewable wind power. Nike, the global sporting brand, has signed a Power Purchase Agreement (PPA) with Spain’s Iberdrola to source 40 MW of wind power from the Cavar wind complex in Navarra, northern Spain to power its facilities in Europe. […] Read more
ADB Invests $20 Mn to Finance RE Projects in Southeast Asia Updated On Wed, Feb 6th, 2019 by Saurenergy Proceeds of the bonds will finance renewable energy projects in the Asia and Pacific region, including Vietnam, the Philippines, and Indonesia. The Asian Development Bank (ADB) has invested $20 million in the maiden climate bond issuance of AC Energy, a wholly-owned subsidiary of Ayala Corporation in the Philippines. ADB is an anchor investor in the […] Read more
