GPS Renewables has obtained $50 million in debt funding from a consortium comprising banks and non-banking financial institutions. This funding aims to expedite the nationwide expansion of its compressed biogas (CBG) projects. Punjab National Bank, […]
AutoNxt Automation, a startup in the e-mobility sector based in Maharashtra, has secured funding in a pre-series A round to support the introduction of its inaugural electric tractor equipped with self-driving options. Saama, an early-stage […]
Airtouch Solar has announced the signing of a $6 million contract with Adani Green Energy Limited (AGEL) to supply and install water-free robotic cleaner AT 4.1 series for AGEL’s solar plant in Rajasthan. The company […]
AmpIn Energy Transition has disclosed a long-term investment of EUR 25 million from OeEB, the Development Bank of Austria, to assist AmpIn in advancing its renewable energy portfolio and setting up a domestic solar cell […]
NTPC Group has inked a foreign currency loan pact with the Japan Bank for International Cooperation (JBIC). The total funding is equivalent to JPY 30 billion, with JPY 15 billion allocated to both NTPC Limited […]
BluPine Energy has obtained funding of 12.6 billion for its 198 MW wind project located in Gujarat. This project was acquired through an auction held by Gujarat Urja Vikas Nigam Limited (GUVNL) to procure power […]
Serentica Renewables has inked its inaugural overseas commercial bank loan denominated in foreign currency, amounting to Rs 35 billion. This financing is intended for the implementation of its round-the-clock (RTC) renewable energy initiative in India. […]
Snap-E Cabs, an electric vehicle (EV) ride-hailing platform, secures $2.5 million in Pre-Series A funding, led by Inflection Point Ventures. The company intends to use the funds to recruit skilled personnel for supporting expansion, upgrade […]
EVIFY, a startup in the electric vehicle (EV) logistics sector based in Gujarat, has secured $1.3 million in a pre-series A funding round. The funds will be utilised to support the company’s operational expansion within […]
PMI Electro Mobility Solutions, a manufacturer of electric commercial vehicles, has secured Rs 2.5 billion financing from Piramal Alternatives to boost its clean mobility efforts. The funding, facilitated by the Performing Credit Fund in the […]
REC Limited has signed agreements to fund two green hydrogen and thermal power projects. The projects will be situated in Odisha. For this, REC and Odisha Power Generation Corporation Limited have signed MoUs to fund Rs […]
Bolt.Earth, an India-based EV infrastructure and software company, has announced that it has raised $20 million in a recent funding round. The investment round was led by a group of investors, comprising both existing and […]
A MoU has been signed between REC Limited and the Punjab National Bank to look together for the possibility of financing projects in the infrastructure and logistics sector and power sector as a part of […]
Serentica Renewables has successfully secured Rs 30 billion from REC Limited in debt funding. The assistance from REC Limited is anticipated to help Serentica Renewables in the development of its upcoming hybrid clean energy projects. The […]
A MoU has been signed between Indian Renewable Energy Development Agency (IREDA) and the bank of Maharashtra to encourage and make loan syndication and co-lending easier for a range of renewable energy projects across the […]
The Indian Renewable Energy Development Agency (IREDA) and India Infrastructure Finance Company Limited have signed a MoU to fund renewable energy projects. The MoU will enable IREDA and IIFCL to co-finance, co-originate, and syndicate loans […]
Sapphire Technologies, manufacturer and developer of energy recovery systems for natural gas applications and hydrogen, has secured worth $10 million in series B funding. Some of the investors who supported this financing are: Marathon Petroleum, […]
Mahindra Electric Automobile Limited (MEAL), an electric vehicle (EV) subsidiary of Mahindra and Mahindra Limited (M&M) will raise an investment of Rs 12 billion in the form of compulsorily convertible preference shares from Temasek, Singapore-based […]
Waaree Energies Limited, a solar panel manufacturer, has raised Rs 10 billion in its second round of equity funding led by ValueQuest. Adding to the existing capacity of 12 GW, the latest round of funding […]
During the 14th clean energy ministerial and 8th mission innovation meeting in Goa, India, the UK and Australian governments have announced a joint initiative for green hydrogen projects. The two countries will provide funding to […]
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