Author: Wendyprabhu
In 2017, the Indian solar sector logged over $10 billion (~₹650 billion) in financing activity, according to Mercom Capital Group’s recently released 2017 Q4 and Annual...
The Ministry of New and Renewable Energy (MNRE) is planning to spend ₹660 million (~$10.3 million) over the next two financial years on increasing renewable energy...
The International Finance Corporation (IFC), a member of the World Bank Group, has arranged a financial package of up to $188 million for the development of a 248 MW...
Solar was the leading source of new power capacity additions in the calendar year 2017 with installed capacity of approximately 9.5 GW accounting for 45 percent of total...
Multilateral Investment Guarantee Agency (MIGA), a World Bank Group member, has decided to provide guarantee of up to $102.6 million in support of the construction,...
Indian renewable energy project developer ReNew Power has raised ₹22.35 billion (~$352 million) to be used for its expansion and loan-payment plans. Confirming the...
The solar firm Orb Energy has raised over $15 million (~₹954 million) in equity and debt to expand its in-house finance facility of rooftop solar projects for Small- and...
The International Finance Corporation (IFC), a member of the World Bank Group, will provide $50 million (~₹3.2 billion) as senior or IFC-A loan to Mahindra Renewables...
Waaree Energies, an Indian solar module manufacturer and Engineering Procurement Construction (EPC) services provider, has raised ₹1 billion (~$15.6 million) from...
Indian renewable energy project developer ReNew Power has acquired a 100 percent stake in KCT Renewable Energy Private Limited (KCTREPL) from the Karm Chand Thapar (KCT)...
First Filipino Green Bond Attracts Investment from World Bank Member The first green bond launched by a commercial bank in the Philippines has attracted a $150 million...
The African Development Bank (AfDB) approved $324 million (~₹20.84 billion) in loan support for two renewable energy projects. The projects are being developed in...
Import and export activity in the Indian solar sector dropped by $464.15 million (~₹30 billion) quarter-over-quarter to $776.08 million (~₹49.9 billion) in the third...
Greenlight Planet, a solar home energy company, has raised $60 million (~₹3.86 billion) in funding from a group of investors led by London-based private equity fund...
Arjun Infrastructure Partners, a British independent infrastructure investment advisory company, has acquired Enviromena Power Systems (Enviromena), a clean energy...
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