Under its $7 billion global medium-term note programme, Indian Railway Finance Corporation (IRFC), the financial arm of the Indian Railways, has issued $500 million of denominated, senior and unsecured green notes. The green notes will […]
ReNew Energy Global, an Indian renewable energy developer, announced that its wholly-owned subsidiary, India Clean Energy Holdings, raised $400 million by issuing senior secured dollar notes at a rate of 4.5 per cent. The dollar […]
NTPC Limited is planning to procure a 5 per cent equity stake in Power Exchange of India Limited, which facilitates several electricity trading options. This decision was made in light of the government’s objective to grow […]
Rural Electrification Corporation (REC) Limited has signed an agreement with KfW Development Bank for availing official development assistance (ODA) term loan of $169.5 million under Indo-German Bilateral Partnership in accordance with the approval granted by […]
CleanMax, an Indian renewable energy company has received $34 million in funding from the Danish Investment Fund for Developing Countries (IFU). T the company is expected to utilize the funding to enhance its commercial and […]
Virescent Renewable Energy Trust, a platform established by global investment firm KKR to purchase renewable energy assets in India, has announced the acquisition of a 49 MW solar portfolio from five Focal Energy special purpose […]
Reliance Industries (RIL) has secured a $736 million green loan to fund its largest foreign acquisition, REC Solar Holdings in Norway, adding to a growing list of Indian corporations that are turning to sustainable finance […]
The US International Development Finance Corporation (DFC) has approved up to $500 million in debt financing for First Solar, the largest solar manufacturing company in the United States, subject to definitive agreements being negotiated. The […]
Central Electronics Limited was cleared for sale by the Cabinet Committee on Economic Affairs (CCEA) for Rs 2.1 billion to Nandal Finance and Leasing. Following Air India, the government is selling its second strategic stake. In […]
Virescent Renewable Energy Trust (VRET) raised Rs 10 billion in non-convertible debentures (NCD) its debut issuance , which was split into three tranches of three, five, and seven years. This is the first time a […]
Tata Power Company Limited has released its financial results for the quarter ending September 30, 2021. The company earned Rs.101 billion in total income for the quarter ended September 30, 2021, compared to Rs.103 billion […]
Oorja Development Solutions has raised $1 million in seed funding, with Schneider Electric Energy Access Asia (SEEAA) providing equity and the Water & Energy for Food Grand Challenge (WE4F) and the DOEN Foundation providing grant […]
Reliance New Energy Solar Limited (RNESL), the green energy subsidiary of Reliance Industries Limited (RIL), has offered Rs 375 per share to acquire 49.14 million equity shares of Sterling and Wilson Solar for around Rs […]
The Green Growth Equity Fund (GGEF), India’s climate change fund, has received a $70 million investment from the CDC Group, a UK government-owned development finance firm. Eversource Capital, a joint venture between private equity firm […]
Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of the Energy Efficiency Services Limited, has invited expressions of interest (EoI) to empanel financial institutions which can finance electric vehicles (EVs). CESL will appoint authorised and […]
India’s Sun Mobility has raised $50 million from one of the largest global traders of energy, Vitol. Vitol is also a significant investor in zero-emission technologies. The strategic investment by Vitol is expected to enable […]
Adani Group’s portfolio companies in the energy and utility business plan to invest over $20 billion in renewable energy generation and $50 billion and $70 billion in overall organic and inorganic investment across the entire […]
France-based solar producer Technique Solaire has bought a 34 MW ground-mounted solar project in Uttar Pradesh, India from the Jakson Group and an individual businessman. Technique Solaire currently has 68 MW of operational solar power […]
Vector Green Energy, a Mumbai-based independent power producer focused on solar and wind energy has received an Rs 11 billion loan from the Indian Renewable Energy Development Agency (IREDA). Vector Green’s six operating solar projects […]
Jubilant Ingrevia, a Noida-based integrated life sciences company, has signed an agreement with AMP Energy C&I Private Limited, a wholly-owned subsidiary of AMP Energy, to acquire a 26.6 per cent stake in AMP Green Energy […]
COPYRIGHT © 2017 | RENEWABLE WATCH