funds

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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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Oakridge Energy Secures Line of Credit to Finance Residential Rooftop Solar Systems

Oakridge Energy, an Indian rooftop solar installer, has raised a line of credit from Maanaveeya Development & Finance Private Limited (Maanaveeya), Oikocredit’s...

January 8, 2019

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Saumy Prateek

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Finance and M&A

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Solar
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UK Pledges £100m for Improving Electricity Access in Sub-Saharan Africa

The United Kingdom has committed an additional funding of £100 million for the Renewable Energy Performance Platform (REPP) which aims to give a major boost to...

December 12, 2018

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Saumy Prateek

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Other

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Renewable Energy
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NABARD Inks Pact with GCF to Infuse $100 Million for the Growth of Rooftop Solar in India

The National Bank for Agriculture and Rural Development (NABARD) has signed an agreement with the Green Climate Fund (GCF) to infuse $100 million into a project designed...

December 10, 2018

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Saumy Prateek

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Rooftop

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Solar

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