Independent power producer AMPIN Energy Transition has secured an investment of $50 million (~₹4.28 billion) from Siemens Financial Services, the financing arm of...

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has raised ₹9.1 billion (~$106.16 million) by issuing privately placed subordinated Tier II...

The Reserve Bank of India (RBI) has increased the lending limit for the renewable energy sector in its new guidelines for priority sector lending, set to take effect...

Singapore-based multinational banking and financial services corporation DBS Bank has ceased financing new coal mining or thermal coal power assets. DBS said in its...

As businesses increasingly transition toward clean energy, financing options for solar projects have become a crucial discussion topic. At the recent C&I Clean...

Another public sector enterprise has entered India’s renewable energy financing landscape at a time when mobilizing funds for the sector is considered key to installing...

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...