Matel, a Pune-based company specialising in mobility and energy solutions, has raised $4 million in Series A funding. The round was led by Transition VC, with participation from Millenium Semiconductors. Founded in 2017, Matel specialises […]
GreenCell Mobility, an electric mobility firm, has obtained Rs 3.07 billion in green financing from the Japan-based Sumitomo Mitsui Banking Corporation (SMBC). The aim is to install a fleet of 350 electric buses across eight […]
Adani Green Energy Limited has raised green loan worth $400 million for its 750 MW solar projects currently under construction. The projects, located in Rajasthan and Gujarat, has secured loans from a consortium of five […]
Tata Power Solar Systems Limited has collaborated with Indian Bank to provide residential customers installing rooftop solar (RTS) systems with a collateral-free loan. Through the partnership, financing options for photovoltaic systems up to 3 kW […]
Citicore Renewable Energy Corporation (CREC) has secured a debt funding deal with Rizal Commercial Banking Corporation (RCBC) covering a portfolio of up to 1 GW DC of solar photovoltaic projects in the Philippines. The deal, […]
British International Investment (BII), the UK’s development finance institution and impact investor, along with FMO, the Dutch entrepreneurial development bank, have revealed a shared commitment of $50 million in loans to BECIS for assisting renewable […]
India’s electric vehicle (EV) market is experiencing substantial growth, with a notable surge in EV sales over the past two years. Specifically, electric two-wheeler sales have increased by 41 per cent and electric three-wheeler sales […]
Matrix Gas & Renewables has secured Rs 3.5 billion in the pre-IPO round. With this recent capital infusion, Matrix is now poised to expedite its growth endeavors, focusing on increasing market presence in gas aggregation, […]
Arevon Energy, Inc., a leading renewable energy developer, owner, and operator, together with Blackstone Credit & Insurance (BXCI), has announced a successful financial close for the 200 MW /800 MWh Condor Energy Storage Project (Condor) […]
Ameya Joshi is assistant general manager, corporate finance, Continuum Green Energy. He has around 12 years of experience in project and corporate finance, and the risk management domain. Prior to completing his postgraduation, he worked […]
Adani Green Energy Limited (AGEL) has revealed additional funding of $1.36 billion to enhance its construction financing framework to $3 billion. This financial boost has been supported by a group of international banks. The green […]
Indian Renewable Energy Development Agency Limited (IREDA) has been upgraded from Schedule B to Schedule A category of Central Public Sector Enterprises (CPSE). This elevation to the Schedule A category paves the way for IREDA’s […]
SUSI Partners, a Swiss funds management firm, has secured debt financing for a 107 MW portfolio of solar distributed generation (DG) projects in Chile. Reportedly, the firm, working on behalf of its SUSI Energy Transition […]
Tata Power Solar Systems Limited (TPSSL) and Small Industries Development Bank of India (SIDBI) have signed MoU to provide easy financing solutions to micro, small and medium enterprises (MSMEs) for solar adoption. As a part […]
Are financial institutions (FIs) really the front runners in the Environment, Social, and Governance (ESG) race or the true scene behind the fog is a different story? Over the past few years, ESG has successfully […]
Chara Technologies Private Limited, a Bengaluru-based manufacturer of electric motors for electric vehicles (EV) has raised $4.75 million in a pre-series A round of funding led by the Exfinity Venture Partners. The round also witnessed […]
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 […]
Lightsource bp, a solar project developer, has completed financing for its 210 MW Milagres Solar project in Brazil for $148.7 million. The Northeast Development Fund (Fundo de Desenvolvimento do Nordeste, or FDNE), which is run […]
Husk Power Systems is all set to electrify 80 additional communities in India with $6 million in new debt financing that it has received from the EU- funded Electrification Financing Initiative (EDFI ElectriFI). The project […]
Inox Wind’s board approves to raise up to Rs 8 billion by issuing 0.01 per cent non-convertible non-cumulative participating redeemable preference shares of face value of Rs. 10 each of the company, fully paid up, […]
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