REC Signs € 200 mn Loan Agreement with Germany’s KfW Bank Updated On Tue, Aug 14th, 2018 by Saurenergy This is REC’s fourth line of credit under Indo-German Development Cooperation which will be utilized to fund green energy projects in India. State-run entity responsible for financing rural infrastructural projects, Rural Electrification Corporation (REC) has signed a loan agreement with German bank KfW worth euro 200 million for funding renewable energy projects. This is REC’s fourth line […] Read more
Nashik Municipal Corporation Buildings to get Solar Power Systems soon Updated On Fri, Aug 10th, 2018 by Saurenergy Nashik Municipal Corporation has already issued the letter of award to the contractor for installing solar panels at 16 government buildings. Under the ‘Smart City’ scheme, Nashik Municipal Corporation (NMC) approves the tender for installing rooftop solar panels at various government buildings. Moreover, NMC has already issued the letter of award to the contractor for […] Read more
Brett Martin, Lightsource BP Ink Solar Energy Pact Updated On Thu, Aug 9th, 2018 by Saurenergy As per the deal, Brett Martin is now procuring renewable electricity from a solar installation funded and developed by Lightsource BP. County Antrim-headquartered independent manufacturer Brett Martin signed a solar energy agreement with British solar parks developer Lightsource BP. As per the deal, Brett Martin is now procuring renewable electricity from a solar installation funded […] Read more
Ecoppia to fit Panel Cleaning Robots at Solar Farm in Madhya Pradesh Updated On Wed, Aug 8th, 2018 by Saurenergy Ecoppia robotic system will save the solar power plant around 1 billion liters of water annually. Israel based water-free solar panel cleaning robots provider, Ecoppia will install an E4 robotic system for cleaning solar panels at the 325 MW solar power plant in Madhya Pradesh. Sprng Energy is the developer of the solar farm which […] Read more
Ind-Ra Upgrades Mytrah Energy from ‘IND-BBB’ to ‘IND-A’ Updated On Mon, Aug 6th, 2018 by Saurenergy The rating agency has upgraded Mytrah’s long-term credit rating from ‘BBB’ TO ‘A-‘ and short term rating from ‘A3’ to ‘A2+’. A leading wind energy service provider in India, Mytrah Energy (MEIPL) has received a higher credit rating from the chief market analyst India Ratings and Research (Ind-Ra). The rating agency has upgraded Mytrah’s long-term […] Read more
Standard Solar Completes Construction of 9.8 MW Solar Project in Gallup Updated On Sat, Aug 4th, 2018 by Saurenergy Standard Solar project is expected to save Gallup exchequer around USD 0.7 million in the first 8 years of operation. Rockville based solar energy company, Standard Solar has completed the 9.8 MW solar farm project in Gallup of New Mexico. Significantly, the 31 acres Standard Solar’s project is expected to save Gallup exchequer around USD […] Read more
EDF Renewables and PGGM Enter Sale and Purchase Agreements Updated On Sat, Aug 4th, 2018 by Saurenergy EDF Renewables will remain a 50 percent co-owner and provide management as well as operations and maintenance services. EDF Renewables has signed two sale and purchase agreements which will authorize PGGM Infrastructure Fund to acquire a 50 percent ownership interest in the following projects: Glacier’s Edge Wind and Valentine Solar. The transaction for the acquisition […] Read more
Farmers Get Subsidy up to 30% for Installing Solar Water Pumps: MNRE Updated On Fri, Aug 3rd, 2018 by Saurenergy Till now over 1.85 lakh solar water pumps have been reported installed in the country under the MNRE Programme. In a written reply to a question in Lok Sabha, Union Minister of State (IC) Power and New & Renewable Energy (MNRE), R K Singh mentioned that the ministry is providing subsidy up to 30% of […] Read more
Trina Vends Solar Modules to the Largest Private PV Project in Vietnam Updated On Thu, Aug 2nd, 2018 by Saurenergy Costing upto US$ 220 million, the Trina project is expected to play a key role in the country’s transformation to renewable energy. Chinese solar panel manufacturer, Trina Solar (TSL) has revealed that it supplies 258MW Monocrystalline PERC double glass modules to the largest private solar photovoltaic (PV) project in Vietnam. The project scheduled to be completed […] Read more
