Financing Activity in the Indian Solar Sector So Far This Year

$4.2 Billion in Financing Activity in the Indian Solar Sector So Far This Year

In the first three quarters of 2017, the Indian solar sector saw almost $4.2 billion (~₹272 billion) in announced corporate, project funding, and M&A deals, according to the recently released ...
/ Finance and M&A, Solar
Cleantech Solar, responsAbility to Provide Loan for Rooftop Solar Projects in Asia

Cleantech Solar, responsAbility to Provide $20 Million Loan for Rooftop Solar Projects in Asia

Cleantech Solar, a Singapore-based solar energy provider, and responsAbility have joined forces to increase the momentum of rooftop solar energy adoption in South-East Asia and India. A responsAbility-managed climate fund ...
/ Finance and M&A, Solar
Reliance Money Secures Loan from IREDA for Renewable Energy Projects

Reliance Money Secures ₹3 Billion Loan from IREDA for Renewable Energy Projects

The Indian Renewable Energy Development Agency (IREDA) will provide loan to the tune of ₹3 billion (~$45.7 million) to Reliance Money, a brand by Reliance Commercial Finance Limited, a subsidiary ...
/ Finance and M&A, Solar
Rooftop Solar in Sri Lanka

ADB to Provide $50 Million Loan to Develop 50 MW of Rooftop Solar in Sri Lanka

The Asian Development Bank (ADB) will provide $50 million as loan to develop 50 MW of rooftop solar projects in Sri Lanka. This will help diversify the Sri Lankan energy ...
/ Rooftop, Solar
Solar Projects in India

Punjab National Bank to Provide $500 Million to Finance Rooftop Solar Projects in India

The Punjab National Bank (PNB) will finance rooftop solar projects in India through a customized program and will provide up to $500 million (~₹32 billion) in term loans to developers ...
/ Rooftop, Solar
Indonesia ADB Loan Energy Sector

ADB to Provide $1.1 Billion Loan to Strengthen Indonesia’s Energy Sector

The Asian Development Bank (ADB) will provide $1.1 billion in loan to Indonesia to diversify and strengthen its energy sector. According to an ADB release, “The Board of Directors today ...
/ Grid, Utilities
IFC REWA ACME Solar Loan

IFC to Provide $50 Million Loan to ACME Jaipur Solar Power Private Limited for 250 MW Solar Project in Rewa

The International Finance Corporation (IFC), a member of the World Bank, will provide a $50 million (~₹3.2 billion) loan to ACME Jaipur Solar Power Private Limited, a wholly-owned subsidiary of ...
/ Finance and M&A, Solar
REC Mahagenco 13K Loan

Rural Electrification Corporation Provides $2 Billion Loan to MAHAGENCO to Develop Thermal and Renewable Energy Projects

The Rural Electrification Corporation (REC), a public sector unit of the Government of India involved in financing all segments of power sector, has provided a ₹130 billion (~$2 billion) loan ...
/ Grid, Utilities
IFC Loan Rewa Solar Solenergi Actis

IFC to Provide $50 Million Loan to Arinsun Clean Energy for 250 MW Solar Project in Rewa

The International Finance Corporation (IFC), a member of World Bank Group, will provide a $50 million (~₹3.2 billion) loan to Arinsun Clean Energy, a subsidiary of Solenergi Power Private Ltd ...
/ Finance and M&A, Solar
Asian Development Bank Approves $175 Million Loan Package for PGCIL

Asian Development Bank Approves $175 Million Loan Package for PGCIL

The Asian Development Bank (ADB) has approved a $175 million (~Rs.11.35 billion) loan to the Power Grid Corporation (PGCIL) to expand its solar power transmission network across the country. The ...
/ Finance and M&A, Solar
Concentrated Solar Thermal Project

IREDA Launches Loan Program for Concentrated Solar Thermal Projects Set Up under the GEF-UNIDO-MNRE Program

The Indian Renewable Energy Development Agency (IREDA) has launched a loan program to provide easy financing to Concentrated Solar Thermal (CST) projects set up under the GEF - United Nations ...
/ Finance and M&A, Solar