TAG: "RE Financing"

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No Advisory Issued to Pause or Halt New RE Financing, Clarifies MNRE

The Ministry of New and Renewable Energy has clarified that it has not advised lenders to halt financing for renewable energy projects or manufacturing facilities. It, however, called for calibrated, well-informed financing across the solar manufacturing ecosystem and prioritise funding for upstream components manufacturing.

RE Financing | December 08, 2025 | By Mrinmoy Dey | 939

Candi Solar Secures USD 58.5 Million from IFC to Fund 200 MWp Distributed Solar Projects

Candi Solar has secured USD 58.5 million in IFC-led funding to finance nearly 200 MWp of new distributed solar projects across India and South Africa.

RE Financing | November 28, 2025 | By Mrinmoy Dey | 1195

ContourGlobal Raises USD 713 Million to Accelerate Renewables and BESS Growth

ContourGlobal, backed by KKR, has wrapped up over USD 713 million in fresh refinancing and capital-raising moves to streamline its balance sheet and accelerate growth across renewables, BESS, and its transitioning thermal portfolio.

RE Financing | November 19, 2025 | By Mrinmoy Dey | 680

Iberdrola Issues EUR 1 Billion EU Green Hybrid Bond

Iberdrola has successfully placed EUR 1 billion in green hybrid bonds, under the EU Green Bond Standard, setting a record-low 3.75 percent coupon and drawing over EUR 8 billion in investor demand.

RE Financing | November 03, 2025 | By Mrinmoy Dey | 1166

IREDA Raises INR 453 Crore Via Perpetual Bonds

Indian Renewable Energy Development Agency has raised INR 453 crore at 7.70 percent through its second issue of Perpetual Bonds, oversubscribed 2.69 times, to strengthen Tier-I capital and boost renewable energy financing.

RE Financing | September 12, 2025 | By Mrinmoy Dey | 656

KPI Green Energy Secures INR 272 Cr Loan for 50 MW Wind-Solar Hybrid Project in Gujarat

Gujarat-based KPI Green Energy has secured an INR 272 crore credit facility from the National Bank for Financing Infrastructure and Development (NaBFID) to partly finance a 50 MW hybrid power project at Bharuch, Gujarat. The project comprises 75.2 MWp solar and 16.95 MW wind power capacity and is backed by a 25-year PPA with GUVNL.

RE Financing | March 20, 2025 | By Mrinmoy Dey | 2189

REC Inks INR 18,360 Crore MoU with Kerala Government for Pumped Storage Projects

REC Ltd, a Maharatna CPSE under the Ministry of Power, has signed an MoU with the Energy Management Centre, Kerala, to finance INR 18,360 crore for Pumped Storage Projects over the next five years. The MoU was signed during the Global Green Hydrogen and Renewable Energy Summit 2025 in Kochi.

RE Financing | March 15, 2025 | By Mrinmoy Dey | 1295

IREDA Sanctions INR 3000 Crore to Support Odisha’s 10 GW RE Target

Indian Renewable Energy Development Agency Ltd. (IREDA) has sanctioned over INR 3,000 crore for green energy projects in Odisha, supporting the state’s goal of achieving 10 GW renewable energy capacity by 2030, said CMD Pradip Kumar Das at the Odisha Solar Investor Conclave in Bhubaneswar.

RE Financing | December 24, 2024 | By Mrinmoy Dey | 1609

Cabinet Approves Listing of IREDA on Stock Exchanges

The mini--ratna firm will be listed on stock exchanges through an initial public offering (IPO). The government will sell part of its stake. Fresh equity shares will be issued to raise funds.

RE Financing | March 18, 2023 | By Anurima Mondal | 2685