TAG: "financings"


ADB Financing USD 25 Billion for India's Green Infrastructure

Asian Development Bank President Masatsugu Asakawa discussed with the multilateral bank and prepared to give 20–25 billion USD over five years to aid India’s ambition for Green Growth.

Financings | March 02, 2023 | By Nivedita Ojha 562

Lack of Subsidy in PM Kusum Scheme Hinders its Success: Anil Dhaka, MD, RREC

The lack of a subsidy in PM Kusum scheme component A is the primary reason why the scheme has not been as successful as anticipated, mentioned Anil Dhaka, Managing Director, Rajasthan Renewable Energy Corporation Limited (RREC). 

Financings | January 19, 2023 | By Manu Tayal 1382

Norway’s Climate Investment Fund Norfund to Invest Rs 500 Cr in SAEL

The Norwegian Climate Investment Fund, managed by Norfund, is investing about Rs 500 crore through equity capital in SAEL, said the company sources.

Financings | January 16, 2023 | By Manu Tayal 1029

ADB, BIM Wind Signs $107 Mn Financing Package to Support Wind Energy in Viet Nam

The Asian Development Bank (ADB) signed a $107 million financing project with BIM Wind Power Joint Stock Company (BIM Wind) to support the operation of an 88-megawatt (MW) wind farm in Ninh Thuan province, Viet Nam.

Financings | December 23, 2022 | By News Bureau 1030

Enfinity Global Closes €142 Mn for 3 Power Plants in Italy

Enfinity Global has closed EUR 142 million in long-term and VAT financing, and LCs facilities for the construction of 112 MW in three utility-scale solar power plants in Italy.

Financings | December 22, 2022 | By Manu Tayal 975

Westbridge Secures Financing for Georgetown Solar PV and Battery Energy Storage Project

Westbridge Renewable Energy Corporation announce that its wholly-owned subsidiary, Georgetown Solar Inc., has secured financing to fund its AESO contribution requirement for its flagship project, the Georgetown Solar + Energy Storage.

Financings | December 08, 2022 | By News Bureau 682

REC Signs MoU With PFC for FY23

REC Limited – A Maharatna CPSE, signed an MoU with PFC, as per the DPE Performance Evaluation System for FY 2022-23 for CPSEs.

Financings | December 01, 2022 | By News Bureau 747

Charge+ and Goldbell Financial Services Announces Partnership to Accelerate EV Adoption

Charge+ and Goldbell Financial Services (GBFS) announced a strategic partnership to lower both the upfront and operating costs of EV ownership.

Financings | December 01, 2022 | By News Bureau 703

JinkoSolar Global Operations Now Powered Over 50% by Renewable Energy

JinkoSolar announced its global facilities are powered with 51.3% clean energy. JinkoSolar was the first solar company moving quickly on green initiatives and passing the 50% renewable-powered mark in 2022 and now is working toward 60% by the end of 2023.

Financings | November 15, 2022 | By News Bureau 730

iSun Inc. Secures $25 Million Debt Facility

iSun, Inc. accelerating the adoption of innovative electrical technologies, announces that it has entered into a debt financing agreement for up to $25 million in Senior Secured Convertible Notes facility (the Notes) with a single institutional investor (the Lender).

Financings | November 09, 2022 | By News Bureau 702


Significance of Creating Financing Opportunities for Emerging Energy Storage Industry in India to Achieve Net Zero

In India, energy storage with advanced battery storage is poised to play a major role in ensuring a stable, reliable power grid. And there’s nothing mysterious about the private financing arrangements that will help get storage suppliers into t...

Financings | November 01, 2022 | By News Bureau 221

CAPEX vs PPA: How to Pick the Right Financing Model to Go Solar?

Going solar is a profitable investment for all types of consumers be it commercial, industrial or residential! Every consumer saves money on electricity bills by installing solar annually. During current economic situation, these savings are looked a...

Financings | June 27, 2022 | By News Bureau 846


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