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International News

Hydrostor secures $200 million to develop compressed air energy storage projects

February 17, 2025

Hydrostor has secured a $200 million investment for the development of Advanced Compressed Air Energy Storage (A-CAES) projects in Canada and around the world. This investment was secured from Canada Growth Fund (CGF), Goldman Sachs […]

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International News

Matrix Renewables secures €40 million financing for six solar plants in Italy

February 7, 2025

Matrix Renewables has closed a €40 million non-recourse financing from UniCredit. This financing will support the development and construction of six solar photovoltaic (PV) plants across Sicily, Campania, and Lombardia. The projects have a total […]

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Financings

Avaada Group secures $1 billion financing for its renewable energy projects

January 23, 2025

Avaada Group has completed Rs 1 billion in financing and refinancing for nine projects across its business divisions. The financing encompasses utility-scale solar projects in independent power producer (IPP) mode, agrivoltaic projects under the PM-KUSUM […]

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News

PFC inks loan agreement of Rs 65 billion with JBIC

January 17, 2025

Power Finance Corporation (PFC) has entered into a loan agreement worth Rs 65 billion (JPY 120 billion) with the Japan Bank for International Cooperation (JBIC). JBIC will provide Rs 40.04 billion (JPY 72 billion) of […]

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International News

Grenergy secures $324 million financing for Oasis de Atacama battery project in Chile

January 9, 2025

Grenery has secured approximately $324 million in financing for a battery project Oasis de Atacama. The company has secured this financing for phase four of the project named Gabriela from international financial institutions BNP Paribas, […]

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International News

Equinor reaches financial close for Empire Wind 1 project in US

January 7, 2025

Equinor has reached the financial close of its US based Empire Wind 1 project. It has secured a project financing package that exceeds $3 billion. The company acquired the Empire Wind lease area in 2017. […]

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