credit

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Inox Wind Secures ₹22 Billion Financing from ICICI Bank-led Consortium

Inox Wind Energy has signed an agreement with a consortium of banks led by ICICI Bank for a financing facility of ₹22 billion (~$263.54 million). The consortium...

September 23, 2024

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Staff

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Finance and M&A

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Wind
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SECI Seeks Short-Term Working Capital Credit Facility of ₹6 Billion

Solar Energy Corporation of India (SECI) has invited quotations for a short-term working capital credit facility of up to ₹6 billion (~$72.3 million) to help it make...

August 18, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Solar, Wind, BESS Projects Using Made-in-US Content Eligible for a 10% Bonus

Solar, wind, and battery energy storage systems (BESS) projects in the United States will be eligible for a bonus credit of 10% of the project cost if they meet domestic...

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Government to Develop Framework for Trading in Carbon Credit Certificates

The Union government plans to develop the Indian carbon market with a national framework to decarbonize the country’s economy through the trading of carbon credit...

May 12, 2023

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Gourav Mishra

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Other

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Renewable Energy
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SECI Pays ₹8.2 Billion to Solar and Wind Developers in January 2023

The Solar Energy Corporation of India (SECI) has paid out a total of ₹8.2 billion (~$99.4 million) to solar and wind developers for the power purchased in January 2023....

March 20, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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SECI Pays ₹7.3 Billion to Solar and Wind Developers in December 2022

The Solar Energy Corporation of India (SECI) has released ₹7.3 billion (~$88.6 million) in payments to solar and wind developers for the power purchased in December 2022....

February 15, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Hecate Energy Secures $550 Million to Support Renewables Expansion

U.S.-based Hecate Energy, a developer of renewable projects and provider of energy storage solutions, closed a five-year $550 million credit facility package, including...

January 25, 2023

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Gourav Mishra

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Finance and M&A

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Renewable Energy
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SECI Seeks Short-Term Working Capital Credit Facility of ₹5 Billion

Solar Energy Corporation of India (SECI) has issued a request for proposals seeking quotations for a short-term working capital credit facility of up to ₹5 billion (~$65....

March 16, 2022

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Arjun Joshi

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Other

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Tenders and Auctions
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US Extends 26% Solar Investment Tax Credit Until 2022

The United States Congress has passed a bill providing a two-year extension on its solar investment tax credit (ITC) facility, allowing solar power projects across the...

December 28, 2021

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Nithin Thomas

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Markets & Policy

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Solar
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Daily News Wrap-Up: Warner Bros Theme Park to be Abu Dhabi’s Largest Rooftop Solar Project

Here are some noteworthy cleantech announcement of the day from around the world: Duke Energy, a U.S.-based power holding company, has unveiled its plans to double its...

October 13, 2020

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Harsh Shukla

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Other

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Renewable Energy
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Karnataka Wind Installer and DISCOM Spar Over Wheeling of Energy to Open Access Consumers

The Karnataka Electricity Regulatory Commission (KERC) has ordered that Golden Hatcheries, a company that had installed a 3.2 MW wind power project, should be granted...

June 4, 2020

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Anjana Parikh

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Wind
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IFC Announces $212.5 Million Loan to Vietnam Bank to Boost Lending for Renewables

The International Finance Corporation (IFC), a member of the World Bank Group, has announced that it would provide a loan to the Vietnam Prosperity Joint Stock...

January 27, 2020

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Nithin Thomas

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Finance and M&A

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Other
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Bihar DISCOMs Liable to Pay Penalty in Case of Non-fulfillment of Solar RPO

The Bihar Electricity Regulatory Commission (BERC) has revised the draft regulations pertaining to Renewable Purchase Obligation (RPO) compliance and Renewable Energy...

November 30, 2018

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Nitin Kabeer

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Markets & Policy

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Solar
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Trina Solar Signs $30 Million Credit Agreement with VietinBank

The Vietnamese arm of Trina Solar, a Chinese module and cell manufacturer, has signed a $30 million credit agreement with VietinBank in the province of Bac Giang,...

August 20, 2018

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Nitin Kabeer

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Finance and M&A

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Solar

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