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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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Alternus Secures €500 Million Facility to Expand Clean Energy Business

Ireland-headquartered renewables producer Alternus Energy has signed a deal with Deutsche Bank for a project financing facility of up to €500 million (~$532.3 million)....

December 28, 2022

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Gourav Mishra

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Other

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Renewable Energy
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Tata Power Secures ₹4.5 Billion Financing for 220 MW Solar Projects

Tata Power has secured a ₹4.5 billion (~$54.3 million) trade finance facility from Japan-based Mitsubishi UFJ Financial Group (MUFG) for two solar projects. The funds...

December 23, 2022

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Gourav Mishra

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Other

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Renewable Energy
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Mumbai’s Epsilon Carbon to Invest $70 Million in Battery Material Manufacturing Facility

Epsilon Carbon, a coal chemical processing company, announced that it plans to invest $70 million (~₹5.2 billion) over the next five years towards establishing 50,000...

August 26, 2020

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Nithin Thomas

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Finance and M&A

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Other
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ReNew Power to Set Up 2 GW Solar Cell and Module Manufacturing Facility in India

ReNew Power, an Indian independent power producer (IPP), has announced its plans to invest between ₹15 billion (~$200 million)-₹20 billion (~$266.7 million) to set up a...

July 17, 2020

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Nithin Thomas

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Manufacturing

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Solar
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Abu Dhabi Fund Extends $105 Million for 8 IRENA Recommended Renewable Projects

The Abu Dhabi Fund for Development (ADFD) has approved about $105 million (~₹7.42 billion) for the development of eight renewable energy projects under the seventh cycle...

January 22, 2020

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Nithin Thomas

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Other

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Renewable Energy
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Ather Energy to Set Up EV, Lithium-ion Battery Manufacturing Facility in Tamil Nadu

Ather Energy has announced that it has signed a memorandum of understanding (MoU) with the government of Tamil Nadu to set up a two-wheeled electric vehicle and...

December 5, 2019

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Nithin Thomas

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Electric Vehicles

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Grid

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