Author: Wendyprabhu

About Wendyprabhu

Wendy Prabhu, Staff reporter at Mercom India More articles from Wendy Prabhu.
Wendy PrabhuWendy is a co-founder of Mercom Capital Group, the parent company of Mercom India. Wendy is a contributing editor at MercomIndia.com and is responsible for content quality across the company and products. She has over 15 years of business and finance experience in the energy and technology markets. In addition to Mercom, Wendy has written for many other clean energy-focused blogs and publications.  More articles from Wendy Prabhu.
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Indian Solar Sector Received Over $10 Billion in Financing During 2017

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...

March 8, 2018

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Wendy Prabhu

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Finance and M&A

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Solar
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MNRE to Spend $10 Million to Foster Clean Energy Awareness

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...

January 19, 2018

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Wendy Prabhu

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Markets & Policy

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Solar
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IFC Announces Financial Package of $188 million for Jordan’s Largest Solar PV Project

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...

January 17, 2018

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Wendy Prabhu

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Finance and M&A

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Solar
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Solar Was the Top Source of New Power Capacity Addition in 2017 For the First Time in India

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...

January 16, 2018

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Wendy Prabhu

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Mercom Research Focus

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Other
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MIGA to Provide $102.6 Million for Six Solar Projects in Egypt

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,...

January 12, 2018

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Wendy Prabhu

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Finance and M&A

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Solar
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ReNew Power Raises $352 Million to Pursue Expansion Plans

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...

January 10, 2018

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Wendy Prabhu

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Finance and M&A

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Solar
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Orb Energy Raises $15 Million from FMO and OPIC

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...

January 10, 2018

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Wendy Prabhu

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Finance and M&A

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Solar
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IFC to Loan $50 Million to Mahindra Renewables

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...

January 10, 2018

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Wendy Prabhu

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Finance and M&A

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Solar
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Waaree Energies Raises ₹1 Billion from Centrum Financial Services and Private Equity Firm

Waaree Energies, an Indian solar module manufacturer and Engineering Procurement Construction (EPC) services provider, has raised ₹1 billion (~$15.6 million) from...

December 21, 2017

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Wendy Prabhu

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Finance and M&A

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Solar
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ReNew Power Acquires 103 MW of Wind Projects for over $155 Million

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)...

December 13, 2017

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Wendy Prabhu

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Other

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Wind
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IFC Invests $150 Million in Green Bonds in Philippines

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...

December 12, 2017

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Wendy Prabhu

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Finance and M&A

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Solar
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African Development Bank Approves $324 Million Loan for Renewable Energy Projects

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...

December 12, 2017

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Wendy Prabhu

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Finance and M&A

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Solar
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Indian Solar Imports Drop 40 Percent in Q3 but Still Up Significantly Year-over-Year

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...

December 12, 2017

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Wendy Prabhu

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Markets & Policy

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Solar
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Greenlight Planet Raises $60 Million for Off-Grid Solar Financing

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...

December 7, 2017

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Wendy Prabhu

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Finance and M&A

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Solar
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Arjun Infrastructure Partners Acquires Enviromena Power Systems

Arjun Infrastructure Partners, a British independent infrastructure investment advisory company, has acquired Enviromena Power Systems (Enviromena), a clean energy...

December 4, 2017

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Wendy Prabhu

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Finance and M&A

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Solar

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