Solaria has obtained €1.7 billion in framework financing from the European Investment Bank (EIB), to support the construction of 120 photovoltaic power plants covering Spain, Italy and Portugal. The framework agreement has a long-term project […]
Arevon Energy, based in the United States, secured a $400 million green loan fund credit facility from Canadian Imperial Bank of Commerce and KeyBank N.A. The funding has been raised for development of a 6 […]
ReNew Power has entered into an external commercial borrowings (ECB) project finance loan agreement with 12 international lenders led by Rabobank. The renewable project has a capacity of 1,300 MW with round-the-clock (RTC) power supply […]
Greenko has secured a Rs 55 billion loan from Power Finance Corporation (PFC), a public sector undertaking to construct a river energy storage project in Andhra Pradesh. The loan tenure is for 20 years subject […]
The Indian Renewable Energy Development Agency Limited (IREDA), a renewable energy project financing company, has authorised Rs 144.45 billion in loans and distributed Rs 100.18 billion to various green energy projects across Maharashtra. Reportedly, IREDA, […]
The Indian Renewable Energy Development Agency Limited (IREDA), India’s largest lender in the renewable energy industry, has approved a loan of Rs 2.67 billion to BluSmart Mobility for the purchase of 3,000 all-electric automobiles in […]
National Thermal Power Corporation Renewable Energy limited ( NTPC REL) a fully-owned subsidiary of state-owned power generator NTPC, has signed its first green term loan agreement for Rs 5 billion. As per the company statement, […]
Despite the government’s focus on the utility-scale solar power sub-segment, the rooftop solar segment has been able to maintain its market share at about 10 per cent over the past few years. Capacity addition has […]
In a major financial boost to India’s commitment to achieve 175 GW of installed renewable energy capacity by 2022 and reduce the carbon intensity of its GDP by 30-35 per cent by 2030, two of […]
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