TAG: "Green financing"

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IREDA CMD Stresses Role of Green Financing In Powering India’s Sustainable Future

Pradip Kumar Das, Chairman and Managing Director, IREDA, highlighted IREDA’s vital role in driving India’s clean energy transition, financing INR 33,148 crore in FY 2025-26 and advancing renewable, green hydrogen, and e-mobility initiatives.

Green Financing | November 08, 2025 | By EI News Network | 789

ThunderPlus and Trinity Cleantech Launch World’s First Ethanol-Based 150 kW Rapid Charger

ThunderPlus and Trinity Cleantech have unveiled the world’s first ethanol-powered 150 kW rapid charger, marking a breakthrough in sustainable EV infrastructure. Running entirely on ethanol derived from plant-based sources, the system cuts CO₂ emissions by up to 80 percent compared to diesel and lowers operational costs and setup time by over 50 percent.

Green Financing | November 05, 2025 | By News Bureau | 655

Iberdrola Signs INR 369 Bn Green Financing with 24 Banks for East Anglia Three Offshore Wind Farm

The funds raised will be used to cover the construction costs of the wind turbines, substations, submarine cables and converter stations, both onshore and offshore.

Green Financing | July 15, 2025 | By News Bureau | 1057

IREDA CMD Pradip Kumar Das Addresses 62nd ICMAI Convention in Bhubaneswar

Pradip Kumar Das, Chairman and Managing Director, Indian Renewable Energy Development Agency Ltd. (IREDA), addressed the 62nd National Cost and Management Accountants' Convention, organized by the Institute of Cost Accountants of India (ICMAI) at SOA University, Bhubaneswar, Odisha.

Green Financing | May 26, 2025 | By News Bureau | 921

Zelestra Secures EUR 146.6 Million in Green Financing to Develop 237 MWdc Solar PV Projects in Spain

Zelestra, a global multi-technology renewable energy company, has reached financial close on 237 MWdc of solar PV projects in Spain, securing EUR 146.6 million in green financing to support the construction of its Belinchón and Brazatortas clusters.

Green Financing | May 15, 2025 | By Mrinmoy Dey | 612

Shareholders Approve IREDA’s Proposal to Raise INR 5,000 Crore Through QIP

IREDA shareholders have approved raising up to INR 5,000 crore through QIP in multiple tranches, supporting green financing and India's clean energy goals. The move will include dilution of government stake in the company by up to 7 percent.

Green Financing | February 25, 2025 | By Mrinmoy Dey | 881

Shriram Finance Consolidates its Green Financing Initiatives Under Shriram Green Finance

Shriram Green Finance, consolidates the green finance business with a vision to build a robust green finance portfolio through financing EVs, battery charging stations, renewable energy products and solutions, energy efficient machinery, etc.

Green Financing | December 20, 2024 | By News Bureau | 1479

CII Karnataka 2024 Summit Highlights ESG Agenda, Launches Whitepaper

CII Karnataka's 2nd ESG Summit, themed 'Accelerating Sustainable Growth,' emphasised leadership in ESG, MSMEs' role in India's energy transition, and pathways to net-zero. Key highlights included an ESG whitepaper release and recognitions for advancing sustainability practices.

Green Financing | November 30, 2024 | By EI News Network | 1737

REC Raises USD 500 Million Via 5-Year Green Bonds

REC Ltd. has raised USD 500 million through Green Bonds. Bond proceeds will be used to finance green projects in accordance with REC’s Green Finance Framework.

Green Financing | September 30, 2024 | By Mrinmoy Dey | 1573

Zelestra Secures EUR 132 Million Financing for 435 MW Solar PV Plant in Rajasthan

Zelestra has closed a EUR 132 million project financing package from HSBC, Credit Agricole, MUFG and Bank of America for its 435 MW solar PV plant in Gorbea, Rajasthan.

Green Financing | September 24, 2024 | By Mrinmoy Dey | 1309