The KfW, a German financial institution, has signed loan agreement worth Rs 16 billion (Euro 200 million) with Rural Electrification Corporation Limited (REC) for funding renewable energy project developers in the form of low-interest loans. […]
In its annual general meeting (AGM), Tata Power has obtained an approval from its shareholders to raise up to Rs 55 billion by issuing of non-convertible debentures on a private placement basis. Reportedly, the company […]
The United States Trade and Development Agency (USTDA) has provided a grant to IL&FS Energy Development Company Limited (IEDCL) for the development of a 41 MW wind-solar hybrid project with energy storage in Andhra Pradesh. […]
Fourth Partner Energy has raised an investment amount of $70 million from The Rise Fund, a global impact investment fund managed by TPG Growth. For this transaction, Investec, along with KPMG, acted as the adviser […]
ACME Solar Holdings has announced plans to re-evaluate its proposed initial public offering (IPO). As per media sources, the organisation is likely to downsize the IPO from Rs 22 billion to Rs 10 billion-Rs 15 […]
ZunRoof, an Indian solar rooftop start-up, has raised an amount of Rs 16.6 million in the second round of angel funding from the I3N (intellecap impact investment network). The funding was led by representatives from […]
YES Bank, an India-based private sector bank, has launched its cleantech accelerator platform ‘Yes Scale’ in association with the MNRE. The accelerator aims to assist start-ups in the fields of energy efficiency, waste management, and […]
According to the World Energy Investment 2018 report by the International Energy Agency (IEA), investments in India’s renewable energy sector overtook those made in the fossil-fuel based power projects 2017. The total investment in renewables […]
ZunRoof, an Indian solar rooftop startup, has raised an amount of Rs 16.6 million in second round of angel funding from the I3N (intellecap impact investment network). The funding was led by representatives from Asian […]
ACME Solar Holdings, has announced a plan to re-evaluate its proposed Initial Public Offering (IPO). As per media sources, the organisation is likely to downsize the IPO from Rs 22 billion to Rs 10-15 billion. […]
The Rural Electrification Corporation (REC) announced a contribution of $1 million to the International Solar Alliance (ISA) on the World Environment Day. Following the contribution, REC would become a corpus contributor in the ISA.
Azure Power India Private Limited has raised funds worth $135 million through debt financing to facilitate the development of about 200 MW of rooftop solar projects in the country. The funds have been raised through […]
Greenko Energy Holdings has signed an agreement for raising equity amounting to $447 million from an affiliate of Singapore-based GIC and a wholly owned entity of the Abu Dhabi Investment Authority (ADIA). Under the agreement, […]
The Greenko Group has acquired Orange Renewables for an approximate enterprise value of $1.02 billion. This includes a $680 million debt which will be taken over by Greenko from Orange, and an equity infusion of […]
Fourth Partner Energy has raised an investment amount of $70 million from The Rise Fund, which is a global impact investment fund managed by TPG Growth. Investec acted as the advisor to this transaction for […]
Azure Power India Private Limited has raised funds worth $135 million through debt financing to facilitate the development of about 200 MW of rooftop solar projects in the country. The funds have been raised through […]
The Greenko Group has acquired Orange Renewables for an approximate enterprise value of $1.02 billion. This includes a $680 million debt which will be taken over by Greenko from Orange. An amount of $340 million […]
Azure Power India Private Limited has raised funds worth $ 135 million through debt financing to facilitate development of about 200 MW solar rooftop projects in the country. The funds have been raised through a […]
Hinduja National Power Corporation, part of the Hinduja Group, has acquired Kiran Energy Solar Power. The estimated value of acquisition is Rs 10 billion. Kiran Energy has an operational portfolio of 85 MW capacity and […]
ReNew Power has acquired a 100 per cent stake in Indian Energy Limited (IEL) at a price of Rs 364 million. The transaction is expected to complete in a period of approximately 60-90 days and […]
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