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SBI Signs $165 Million Loan with World Bank to Fund Rooftop Solar Projects

The State Bank of India (SBI) has signed a $165 million line of credit from the World Bank to finance grid-connected rooftop solar projects in the residential and...

December 26, 2023

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Staff

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Markets & Policy

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Rooftop

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Solar
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Germany’s KfW Loans $218 Million for Solar Capacity Expansion in India

German development bank Kreditanstalt für Wiederaufbau (KfW) has granted a Є130 million (~$142 million) loan to the Indian Ministry of Finance and a Є70 million (~$ 76...

December 21, 2023

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Staff

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Finance and M&A

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Solar
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Daily News Wrap-Up: Punjab Floats 100 MW Solar Tender with Transmission

The Punjab State Power Corporation (PSPCL) invited bids to set up 100 MW solar projects and the associated transmission system in Bathinda. The last date to submit the...

December 12, 2023

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Staff

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Daily Wrap-up
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REC Signs $215 Million Loan Agreement with KfW to Reform Indian DISCOMs

Public infrastructure finance company REC Limited has signed a €200 million (~$215 million) loan agreement with German bank KfW. The loan will be used to undertake...

December 11, 2023

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Staff

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Grid

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Market & Policy
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SBI Inks €150 Million Loan Agreement with KfW to Finance Solar Projects in India

State Bank of India (SBI) has signed an agreement with Kreditanstalt für Wiederaufbau (KfW) to receive a low-interest loan of €150 million (~$150.66 million) to finance...

November 10, 2022

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Arjun Joshi

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Finance and M&A

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Solar
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REC Limited to Avail a Loan of $169.5 Million from KfW Bank to Finance Solar Projects

REC Limited, a public infrastructure finance company involved in financing power projects, has entered into an agreement with Germany-based KfW Development Bank to avail...

December 23, 2021

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Harsh Shukla

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Finance and M&A

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Solar
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German Development Bank KfW to Raise €10 Billion Through Green Bonds in 2022

German development bank Kreditanstalt für Wiederaufbau (KfW) plans to raise €80 billion (~$90.35 billion) to €85 billion (~$96 billion) of funding in 2022, which will...

December 23, 2021

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Arjun Joshi

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Finance and M&A

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Other
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Project Finance Brief: Sonnedix Raises €172 Million to Refinance its Solar Projects

From: Mercom Capital Group Sonnedix Japan, the Japanese subsidiary of global solar independent power producer Sonnedix, has achieved financial close of €172 million...

May 17, 2021

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Staff

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Finance and M&A

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Other
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Solar Developers Desperately Need Access to Project Financing, Cheaper Funds

What lies ahead for the renewable energy sector in India? Will investments dry up, or will 2021 bring out the best for the sector? A discussion on these vital issues was...

April 15, 2021

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Rahul Nair

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Finance and M&A

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Solar
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Germany Adds 2.4 GW of Solar Capacity in the First Half of 2020

Germany installed  447 MW of solar capacity in July 2020, an increase of 11 MW (2.2% increase) from June 2020, according to the latest numbers announced by the federal...

September 3, 2020

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Rakesh Ranjan

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Markets & Policy

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Solar
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EESL Announces Tender for 279 MW of Solar Projects in Maharashtra

The Energy Efficiency Services Limited (EESL) has issued a tender for 279 MW of solar projects across the state of Maharashtra. The project will be partially funded...

August 12, 2020

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Nithin Thomas

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Solar

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Tenders & Auctions
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Encourage Capital to Assist Indian Rooftop Solar Installers Through a $40-Million Equity Fund

Encourage Solar Finance LLP has announced the first closing of a new private equity fund, Encourage Solar Finance L.P. at $40 million. Encourage Capital is an impact...

July 1, 2019

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Soumik Dutta

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Finance and M&A

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Solar
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KfW and Bank of Baroda to Refinance Solar Projects in India

German development bank, KfW, and Bank of Baroda have announced that they would extend funding of $113 million to refinance solar power projects in India under the Solar...

February 26, 2019

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shaurya

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Finance and M&A

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Solar
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Germany and India Sign a €200 Million Loan Agreement to Fund Renewable Projects

KfW, a leading German financial institution, has signed a €200 million (~$228.15 million) loan agreement with India’s Rural Electrification Corporation Limited (REC), a...

August 16, 2018

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Nitin Kabeer

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Other

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Renewable Energy
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Zambia Plans to Develop 100 MW of Solar Projects

Keeping in view the constraints faced by Zambia in the energy sector, and to ensure sustainable and climate-friendly energy sector development, the government of the...

August 3, 2018

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Saumy Prateek

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Markets & Policy

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Solar

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