funds

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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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IREDA Raises ₹15 Billion via Bonds, Issue Oversubscribed 2.65 Times

The Indian Renewable Energy Development Agency (IREDA) has raised ₹15 billion (~$179.5 million) through bonds, reflecting strong investor confidence in India’s...

June 24, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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GEF Invests ₹5.8 Billion in TI Clean Mobility to Develop EV Verticals

TI Clean Mobility (TICMPL), a wholly-owned subsidiary of Tube Investments of India, a Murugappa Group company, has raised ₹5.8 billion (~$69.5 million) in equity and...

May 8, 2024

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Staff

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Electric Vehicles
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Ministry of Power Releases Detailed Plan to Revamp DISCOMs

The Ministry of Power (MoP) has issued detailed guidelines for reform-based result-linked power distribution program over the next five years. The program aims to...

July 27, 2021

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Harsh Shukla

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Grid

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Market & Policy
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Daily News Wrap-Up: UK’s Cumulative Solar Installations Reach 13.5 GW

Here are some noteworthy cleantech announcements of the day from around the world: The United Kingdom added 12.6 MW of solar capacity in January 2021, according to the...

March 2, 2021

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Harsh Shukla

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Other

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Renewable Energy
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ReNew Power Raises $325 Million through Overseas Green Bonds

ReNew Power, an Indian independent power producer, has raised around $325 million through overseas green bonds. Green bonds are financial instruments designed to raise...

October 21, 2020

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Harsh Shukla

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Finance and M&A

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Solar
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French Solar Developer Technique Solaire Raises $29 Million to Expand its Portfolio

Technique Solaire, a France-based solar developer, announced that it had raised €25 million (~$29.3 million) from its partners Bpifrance and Crédit Agricole Group. This...

August 8, 2020

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Harsh Shukla

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Finance and M&A

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Solar
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CIM Group Invests $40 Million in Solar Panel Cleaning Robotics Company Ecoppia

Robotic solar cleaning solutions provider Ecoppia announced that it secured a $40 million credit facility from a U.S.-based CIM Group. CIM is a community-focused real...

July 22, 2020

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Harsh Shukla

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Finance and M&A

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Solar
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Bangladesh-Based SOLshare Raises $1.1 Million for Solar Microgrids

IIX Impact Partners, a debt and equity crowdfunding platform, announced that it has helped Bangladesh-based clean energy firm SOLshare close a $1.1 million (~₹81.9...

July 16, 2020

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Nithin Thomas

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Finance and M&A

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Solar
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CleanMax Secures $10 Million in Credit Facility to Expand its Rooftop Solar Business

The Global Climate Partnership Fund (GCPF) announced that it has provided Indian solar rooftop developer CleanMax with a $10 million (~₹743.08 million) credit facility...

July 7, 2020

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Nithin Thomas

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Finance and M&A

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Solar
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Cleantech Solar Receives $75 Million Green Loan to Help Set Up 500 MW of Solar Projects

Cleantech Solar, a Singapore-based commercial and industrial (C&I) focused solar developer, announced that it received a green loan of $75 million (~₹5.67 billion)...

June 23, 2020

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Nithin Thomas

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Finance and M&A

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Solar
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Sri Lanka Receives $100 Million Loan from India for Installing Rooftop Solar Systems

Sri Lanka announced that it had received a $100 million (~₹7.56 billion) loan from the Government of India for installing solar rooftop systems on government buildings....

June 20, 2020

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Nithin Thomas

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Rooftop

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Solar
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AfDB Extends €12.46 Million for Expansion of Renewables in an African Island

The African Development Bank (AfDB) announced that it would donate €12.46 million (~₹1.05 billion) to finance the Energy Transition and Institutional Support Program...

April 7, 2020

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Nithin Thomas

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Other

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Renewable Energy
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Rooftop Solar Startup ZunRoof Receives $3 Million in Series A

ZunRoof, an Indian startup in the rooftop solar segment, has received Series A funding of $3 million (~₹222.7 million) from Godrej Investment Office. According to the...

March 20, 2020

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Anjana Parikh

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Finance and M&A

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Solar
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IRENA Invites Developers to Register Projects on its Climate Investment Platform

The International Renewable Energy Agency (IRENA) has invited renewable energy project developers to register suitable projects through a purpose-built portal organized...

March 17, 2020

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Nithin Thomas

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Other

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Renewable Energy

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