Vivint Solar Receives $100 Mn Tax Equity Financing For 55 MW Residential PV Systems Updated On Tue, Jun 25th, 2019 by Saurenergy Vivint Solar has received $100 million of tax equity financing, to install more than 55 MW of residential solar energy systems. Vivint Solar, a leading full-service residential solar provider, announced it has received commitments for an additional $100 million of tax equity financing, which will enable it to install more than 55 megawatts (MW) of residential solar energy systems. “We […] Read more
OPIC Approves $87 Mn in Funding For 250 MW Wind Project in Egypt Updated On Fri, Jun 14th, 2019 by Saurenergy OPIC has approved $87 million in funding for a 250 MW wind project in Egypt to support economic growth through the development of power infrastructure. The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, today approved $87 million in financing to Lekela Egypt Wind Power BOO S.A.E. to support economic growth in […] Read more
BSE India INX Launches Dedicated Green Bonds Trading Platform Updated On Thu, Jun 13th, 2019 by Saurenergy BSE-owned India International Exchange on June 12, 2019 said it has launched an exclusive platform for trading in green bonds. The platform — GSM (Global Securities Market) Green — has gone live on Wednesday, India International Exchange (India INX) said in a statement. “On Wednesday, BSE’s international arm, India International Exchange, unveiled its exclusive green […] Read more
Wind Majors Come Together For Africa Task Force Updated On Wed, May 29th, 2019 by Saurenergy The Global Wind Industry Council (GWEC) has set up a new Task Force to speed up and facilitate the development of wind energy in Africa. The Task Force brings together leading developers, manufacturers and associations that are active in the African market, including Siemens Gamesa Renewable Energy, Vestas, the South Africa Wind Energy Association, Africa […] Read more
ADB Grants $750 Mn For Railway Track Electrification in India Updated On Mon, May 27th, 2019 by Saurenergy ADB has signed off on what is its largest single nonsovereign loan ever committed, for the electrification of the Indian railway network. A project expected to help India’s railway sector transition to electric power and away from dependence on fossil fuels. The Asian Development Bank (ADB) has signed an agreement to provide $750 million (Rs […] Read more
MNRE Mulling Over Public Portal To Disclose Payment Delays by Discoms Updated On Fri, May 24th, 2019 by Saurenergy MNRE may open an online portal to publicly disclose the status of Discoms’ payments. The Ministry of New and Renewable Energy (MNRE) is considering setting up a web portal to publicly disclose payment delays to renewable energy players from power distribution companies (Discoms). The move is expected to usher in more transparency in pending payments. […] Read more
Missing The Sunshine – Mini Grids in India Updated On Tue, May 21st, 2019 by Saurenergy Even as the solar story develops in India, there is a part of the sector that has quietly been working and making an impact in its own way. Yes, Mini Grids and even micro grids, in the limited opportunities they have had in the country, have made a strong case for themselves. Serving areas that […] Read more
EBRD to Invest $100Mn in Turkish Renewable Firm Updated On Mon, May 13th, 2019 by Saurenergy With EBRD funds, the company plans to invest in wind farms and solar projects with a combined capacity of up to 250MW. In a new boost to Turkey’s renewable energy sector, the European Bank for Reconstruction and Development (EBRD) is investing US$ 100 million in a stake of Ictas Surdurulebilir Enerji Yatirimlari (Ictas Energy), the […] Read more
Demand of Solar Powered Devices in Odisha Shoots Up after Cyclone Fani Updated On Thu, May 9th, 2019 by Saurenergy Cyclone Fani might have sent shudders down plans for large sized solar parks in the region, but ironically, the demand for distributed solar products has gone up. People are now grappling with water shortage, lack of electricity, poor mobile connectivity and cash crunch. With no end to electricity woes on sight, residents of the capital […] Read more
