Evren has secured around $600 million in financing for its firm and despatchable renewable energy (FDRE) hybrid project in Andhra Pradesh and Rajasthan. The project has an installed capacity of nearly 1 GW. It combines […]
Heelstone Renewable Energy, a Qualitas Energy company, has commenced construction on two solar projects totaling 206 MW in Georgia and Michigan. The 104 MW Alligator Creek project in Georgia and the 102 MW Murch project […]
The African Development Bank Group (AfDB) has approved a $5.65 million reimbursable grant from the Sustainable Energy Fund for Africa to pilot the Peace Renewable Energy Certificate (P-REC) Aggregation Facility. The initiative will use renewable […]
By Nehal Gupta, Founder and Managing Director, Accelerated Money For U India is not only talking about sustainable transport. Today, the country is operationalising it as part of national development planning. The government has set […]
Renalfa IPP has secured a €315 million holdco financing for the uptake of green energy transition in central and eastern Europe. The financing has been secured from a consortium of lenders, including the European Bank […]
NLC India Limited has announced plans to invest Rs 1.25 trillion by 2030 to expand its total power generation capacity from the current 6.7 GW to 20 GW. Out of the total planned capital expenditure, […]
The World Bank has approved an operation to support the green hydrogen strategy of Pecém Industrial and Port Complex Company (CIPP) and the Government of Ceará. CIPP is located in Ceará, in Northeastern Brazil, and […]
The Asian Development Bank (ADB) has partnered with the Green Climate Fund (GCF) to launch the India Green Finance Facility (IGFF), supported by $200 million in concessional funding from GCF. The facility aims to unlock […]
Evren, a renewable energy platform established by Brookfield in India, has secured a $100 million investment from ALTÉRRA, Brookfield Asset Management, and other investors. The funding will support the development and construction of up to […]
GAIL India Limited has increased its startup investment fund from Rs 1 billion to Rs 5 billion to support emerging enterprises in clean energy, renewables, energy storage, electric mobility, and digital transformation. With this initiative, […]
Tata Power Renewable Energy Limited (TPREL) has partnered with Canara Bank to support the implementation of the PM Surya Ghar Yojna scheme, which aims to make rooftop solar systems accessible and affordable for Indian households. […]
India’s growth trajectory reflects a strong commitment to both economic growth and environmental sustainability. A key element in its decarbonisation strategy is the development of a domestic carbon market, which is crucial for unlocking new […]
Brookfield has finalised agreements to acquire a majority controlling stake in Leap Green Energy, a renewable energy solutions provider based in Tamil Nadu, serving commercial and industrial (C&I) clients. Brookfield plans to invest more than […]
REC Limited and the National Investment and Infrastructure Fund Limited (NIIFL) have entered into a MoU to work together on a range of financing options for both renewable energy projects and extensive infrastructure projects in […]
KKR and Serentica Renewables have signed definitive agreements under which KKR will be investing $400 million in Serentica Renewables. KKR stated that the investment was made as part of its Asia Pacific infrastructure strategy. Recently […]
Orb Energy, a vertically integrated provider of solar energy solutions in India announced that it has received a $20 million follow-on loan from the United States International Development Finance Corporation to support its in-house financing […]
Suzlon Energy Limited has opened its rights issue on October 11, 2022 to raise up to Rs 12 billion. The entitlement ratio for the rights issue is 5:21 which means five shares for every twenty-one […]
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