The REC Limited has approved Rs 75 billion in funding for Brookfield’s 1,040 MW hybrid renewable energy project. The project is situated at Kurnool, Andhra Pradesh, and is being developed by Evren. Furthermore, it features […]
France-based Agence Française de Développement (AFD) has announced a $550 million commitment to support Vietnam’s energy transition and sustainable growth agenda The new funding will accelerate renewable energy expansion and low-emission transport initiatives under the […]
Hero Future Energies Private Limited (HFE), through its special purpose vehicle, Clean Solar Power Barmer Private Limited, has secured Rs 10.24 billion in funding from the State Bank of India. The funding is for the […]
ACME Venus Urja Private Limited, a fully owned subsidiary of ACME Solar Holdings Limited, has obtained Rs 38.92 billion in project funding from the State Bank of India (SBI). The funding has been secured for […]
GREW Solar has secured Rs 3 billion in funding from a diverse set of investors. Among these investors are marquee investors such as Vijay Kedia and Rohit Kothari from GeeCee Holdings. The capital will be […]
Roofsol Energy has secured Rs 2.1 billion in funding from Aseem Infrastructure Finance. The funding is intended for the development of rooftop and group captive solar projects with a cumulative capacity of 92.66 MWp. These […]
The Solar Energy Corporation of India Limited (SECI) has invited quotations for a short-term working capital credit facility of up to Rs 10 billion to assist in making payments to renewable energy developers. SECI is […]
South Africa’s renewable energy projects have received a funding of €400 million announced by the European Investment Bank (EIB) and FirstRand Bank Ltd. This joint effort includes a €200 million loan from the EIB, matched […]
The Board of Indian Renewable Energy Development Agency (IREDA) has agreed to raise Rs 45 billion through further public offer, qualified institutional placement, rights issue, preferential issue or other permitted modes and combinations. The combinations […]
India Grid Trust (IndiGrid), an infrastructure investment trust (InvIT) has successfully concluded the offer-for-sale (OFS) run by its sponsor KKR. Subsequently, they have launched their preferential issue process to raise Rs 6.95 billion. The OFS […]
The National Institute of Solar Energy (NISE) has issued request for proposals to develop testing facilities, infrastructure, and institutional support to develop standards and regulatory frameworks under the National Green Hydrogen Mission. Proposals will be […]
Over the following three years until March 31, 2027, Mahindra & Mahindra intends to invest 120 billion in Mahindra Electric Automobile (MEAL), its electric vehicle (EV) division. The company announced that it anticipates generating sufficient […]
Enfinity Global, a renewable energy and sustainability services company based in the US, has secured $135 million in funding to set up and establish 1.2 GW of solar and wind projects in India. The Canada […]
KPI Green Energy Limited’s board has approved a proposal to raise up to Rs 10 billion through issuance of shares via qualified institutional placement (QIP). The board has approved the raising of funds through the […]
Nayara Energy, a leading player in the downstream energy on a global level, has unveiled a strategic commitment of Rs 6 billion to establish ethanol plants. The corporation operates extensive private fuel network, and the […]
Relux Electric, an Indian electric vehicle (EV) charging infrastructure company, has obtained Rs 2.5 billion in project funding from a consortium of real estate and infrastructure investors. The company intends to utilise the capital to […]
Pointo, a lithium battery startup, has obtained Rs 62 million in seed funding. Equirus InnovateX Fund who is the lead investor in the funding, has invested Rs 50 million. The funds are expected to help […]
British International Investment (BII), the UK government’s development finance institution, has committed $19 million to ChargeZone, the electric vehicle (EV) charging startup. The startup plans to use the funds to accelerate the growth of its […]
AdaniConnex, a data center solutions provider created as a joint venture between Adani Enterprises and EdgeConnex, has secured sustainability-linked financing worth $1.44 billion to finance its renewable-powered data centers and drive digital infrastructure growth in […]
BluPine Energy announced it has secured financial closure for its 120 MW solar project in Sadla, Gujarat. BluPine Energy obtained debt financing for its project from HDFC Bank. The total amount of debt approved for […]
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