banks

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SECI Invites Proposals for ₹10 Billion Term Loan for 300 MW Solar Project

The Solar Energy Corporation of India (SECI) has invited bids from scheduled commercial banks or financial institutions for a term loan of ₹10 billion (~$120.24 million)...

December 29, 2023

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Satish Shetty

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Solar

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Tenders & Auctions
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UAE Banks Prioritize Green Financing to Tackle Climate Change

The UAE Banks Federation (UBF) has disclosed that six major banks, including the First Abu Dhabi Bank, the Abu Dhabi Commercial Bank, the Emirates NBD, the Dubai Islamic...

August 28, 2023

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Rakesh Ranjan

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Finance and M&A

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Other

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Renewable Energy
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Smaller Solar Developers Urgently Need Collateral-Free Loans for Expansion

Access to finance is vital for solar developers who fall under Micro, Small, and Medium Enterprises (MSME) to invest in infrastructure, technology, research, and...

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REC Limited Raises $1.175 Billion to Provide Low-Cost Financing for Power Projects

REC Limited, a public infrastructure finance company, involved in financing power projects, has raised $1.175 billion (~₹82.45 billion) from a consortium of seven banks...

January 14, 2022

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Rakesh Ranjan

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Finance and M&A

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Other
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Residential Rooftop Solar Loans: All You Need to Know

In the fourth article of our series covering all you need to know about rooftop solar systems, we focus on ways to finance your residential rooftop system. This write-up...

December 2, 2020

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Rahul Nair

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Consumers

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Solar
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Banks Continue to Support Fossil Fuels Despite Pact to Support Climate Deal

Just when the United Nations Principles for Responsible Banking (PRB) marked its first anniversary, the latest review of the signatory banks’ financial records...

September 22, 2020

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Rahul Nair

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Other

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Renewable Energy
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Banks Don’t want to be Blamed for not Lending to Solar Projects Due to Risks Taken by Others

It is common knowledge that the solar industry in India has several important issues that need to be resolved for the industry to keep growing. The Ministry of New and...

September 20, 2018

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Saumy Prateek

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Markets & Policy

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Solar
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India’s Banks Grapple with $38 Billion in Bad Loans from Power Sector: Report

India’s banking sector is staring at potential dud assets worth $38 billion (~₹2,470 billion) from the power sector, according to a latest report released by the Bank of...

April 9, 2018

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Ankita Rajeshwari

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Other

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Renewable Energy

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