ACME Sun Power, a wholly owned subsidiary of ACME Solar Holdings, has secured a ₹37.53 billion (~$444.68 million) loan from REC Limited to develop 320 MW Firm and...

Solar energy solutions provider Prozeal Green Energy has won Solar Energy Corporation of India’s (SECI) tender for the design, engineering, supply, construction,...

With a surge in rooftop solar interest among commercial and industrial (C&I) consumers, banks and other financial institutions are offering loans at interest rates...

The “Financing the Renewable Energy Sector” session at the Mercom India Renewables Summit 2024 brought together key industry leaders to discuss the current...

The Asian Development Bank (ADB) has approved loans of $240.5 million to finance rooftop solar systems in India. The financing will be provided to the State Bank of...

The transition towards clean energy is accelerating in India, presenting tremendous opportunities for financing renewable projects. Despite a significant reduction in...

Public infrastructure finance company REC Limited has secured a green loan of JPY31.96 billion (~$200 million) from Deutsche Bank‘s GIFT City branch to fund green...

Bengaluru-based biofuels firm GPS Renewables has secured $50 million in debt financing from a consortium of banks and non-banking financial companies to accelerate the...

Non-banking financial company Ecofy has secured an investment of ₹900 million (~$10.83 million) from FMO, a Dutch entrepreneurial development bank, to facilitate product...

State Bank of India (SBI) has issued $250 million senior, unsecured, green floating rate notes through private placement facilitated by its London branch, set to mature...

Renewable energy developer Adani Green Energy will raise ₹93.5 billion ($1.1 billion) through preferential issuance of warrants to its promoters, which include Ardour...

In an exclusive interview with Mercom India, V K Singh, Director (Projects) at REC Limited, discusses the role the government-owned infrastructure finance company aims...

The Indian Renewable Energy Development Agency (IREDA) has been elevated from ‘Schedule B’ to ‘Schedule A’ Central Public Sector Enterprise...

The U.S. International Development Finance Corporation (DFC) has approved $425 million in financing for Tata Power Renewable Energy’s (TPREL) upcoming 4.3 GW greenfield...

Swift Current Energy, a U.S.-based utility-scale renewable developer, has secured $779 million in financing for its Double Black Diamond Solar project, with a capacity...