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

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 investment asset manager ...
KfW and Bank of Baroda to Refinance Solar Projects in India

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 Partnership II ...
/ / Finance and M&A, Solar
Germany and India Sign a €200 Million Loan Agreement to Fund Renewable Projects

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 state-run power sector financer. KfW signed the ...
/ / Other, Renewable Energy
Zambia Plans to Develop 100 MW of Solar Projects

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 Republic of Zambia recently launched ...
/ / Markets & Policy, Solar
ADB

PGCIL Secures $500 Million from ADB to Develop the Green Energy Transmission Corridor

The Asian Development Bank (ADB) is providing a $500 million (~Rs.33.4 billion) loan to Power Grid Corporation of India (PGCIL) for the development of Green Energy Corridor, according to a ...
/ / Other, Renewable Energy
Month in a Minute: Important Headlines and Data Points from the Indian Renewable Sector in December 2016

Month in a Minute: Important Headlines and Data Points from the Indian Renewable Sector in December 2016

Under Deen Dayal Upadhyay Gram Jyoti Yojana (DDUGJY), the Solar Energy Corporation of India (SECI) issued tenders for electrification of 1,058 villages in Arunachal Pradesh. (read more) The Central Electricity Authority stated ...
/ / Markets & Policy, Solar
Indian State Transmission Utilities and Power Grid Corporation of India to Receive €1 Billion Soft Loan from Germany

Indian State Transmission Utilities and Power Grid Corporation of India to Receive €1 Billion Soft Loan from Germany

The German government-owned development bank, KfW, is providing €1 billion (~$1.05 billion) soft loan to India to develop inter and intra-state transmission infrastructure under the green energy corridor program. The ...
/ / Grid, T&D