Tata Cleantech Capital Raises Rs 180 Cr via Green Bond Updated On Wed, Jan 2nd, 2019 by Saurenergy Further, the bonds have been rated CRISIL AAA/ Stable and the proceeds of the bond will be exclusively applied to finance eligible green projects. Tata Cleantech Capital Ltd, a joint venture between Tata Capital and the International Finance Corporation (IFC), has raised Rs 180 crore through its maiden green bond for 5 years from FMO […] Read more
Leclanché to Complete 100 MW of Storage Projects Updated On Wed, Jan 2nd, 2019 by Saurenergy Leclanché’s Lithium Titanate Cells (LTO)-based Battery Energy Storage System was selected to power this landmark project. Leclanché SA, one of the world’s leading energy storage solutions companies, was expected to complete more than 100 MWh of stationary storage projects around the world. Anil Srivastava, CEO of Leclanché announced during the 2018 Extraordinary General Meeting (EGM) […] Read more
EESL Inks Pact for Rs 500 Cr First Long-Term Rupee Loan Updated On Wed, Jan 2nd, 2019 by Saurenergy The Punjab National Bank (PNB)-issued funds will be utilized by the company towards funding its capital expenditure for its flagship programmes including Street Lighting National Programme, Smart Meter National Programme, Solar Substation, and E-Mobility project. Energy Efficiency Services Ltd (EESL), a joint venture of PSUs under the Union Ministry of Power, has raised its first […] Read more
JinkoSolar to Supply 60 MW of Solar Modules in Cambodia Updated On Mon, Dec 31st, 2018 by Saurenergy The solar farm will use more than 200,000 solar modules from JinkoSolar, and will add significantly to Cambodia’s fast-growing renewable capacity. JinkoSolar announced that it is working with SchneiTec Group, a Cambodian real estate developer to build a 60 MW solar farm in Kampong Speu province, Cambodia. The solar farm will use more than 200,000 […] Read more
JinkoSolar and Schneider Electric Donate 55 KW Solar Plant in Egypt Updated On Mon, Dec 31st, 2018 by Saurenergy Prior to completion of the project, the only electricity source of the village was three 30 kW diesel generators supplying the village with electricity. JinkoSolar announced its partnership with Schneider Electric to donate a 55 KW off-grid solar project in Abu Redis, South Sinai, Egypt. The remote village called ABU GHURAQD is located about 30 […] Read more
Vestas Bagged 12 GW of order Worldwide in 2018 Updated On Mon, Dec 31st, 2018 by Saurenergy The 2018 order intake is based on announced orders in all four quarters of 2018 as well as unannounced orders in the first three quarters. With the signing of a 32 MW contract for the extension of the Ulassai wind park in Italy Vestas’ global order intake in 2018 has reached 12,014 MW, clearly passing […] Read more
Chinese Solar Plant Achieves Lower Tariff than Coal Updated On Mon, Dec 31st, 2018 by Saurenergy Making solar power competitive, the tariff from the Golmud plant, developed by the China Three Gorges Group, is 0.316 yuan. Two solar plants in northwest China’s Qinghai Province totaling a capacity of 1 GW were commissioned today. Each plant is having 500 MW capacity. The two solar power bases are managed by National Energy Administration […] Read more
Construction of Dubai’s Largest Solar Park Goes into Fourth Phase Updated On Mon, Dec 31st, 2018 by Saurenergy The fourth phase of the Park is the largest single-site investment project in Concentrated Solar Power (CSP) in the world based on the IPP mode. The Dubai Electricity and Water Authority has said that construction work on the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park has advanced further with the completion […] Read more
New Jersey Moves to Phasing Out Solar Subsidies Updated On Fri, Dec 28th, 2018 by Saurenergy At New Jersey’s Board of Public Utilities’ board meeting, the Board adopted a rule beginning the process of phasing out the current program. The state of New Jersey in the USA is planning to reduce the financial burden by reducing the subsidies given for the development of solar power. The Solar Renewable Energy Certificate program […] Read more