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Trina Storage Secures Top Spot in BNEF's 'Energy Storage System Cost Survey 2024'

Trina Storage's consistent ranking in the top tier reflects its strong market position and the high confidence the capital market has in its system integration solutions and their bankability.

Financial Institutions | January 04, 2025 | By News Bureau | 577

Federal Bank Partners with Ecofy to Offer Solar Financing Solutions for MSMEs

Federal Bank has announced a partnership with Ecofy, to offer innovative financing solutions for MSMEs investing in commercial rooftop solar installations. This collaboration marks one of the first comprehensive co-lending partnerships specifically designed to address the unique solar financing needs of the MSME sector.

Financial Institutions | December 18, 2024 | By News Bureau | 494

Inox Wind Enters Consortium Agreement with Banks for INR 2,200 Crore Financing

This limit is likely to be enhanced further to INR 2,400 crores as per the working capital assessment done by the lead bank (ICICI Bank).

Financial Institutions | September 23, 2024 | By News Bureau | 1348

Alpex Solar Plans to Increase Photovoltaic Solar Module Capacity to 2.4 GW

The Company informed that the ongoing expansion of solar PV modules has concluded successfully to the extent of 900 MW capacity, and the balance of 300 MW will be concluded in the existing premises in the next three months – leading to a total capacity of 1.2 GW by Q3FY25.

Financial Institutions | September 04, 2024 | By News Bureau | 723

IREDA and SBI to Accelerate Growth of Renewable Energy Sector in India

In a significant step towards strengthening the renewable energy sector, Pradip Kumar Das, Chairman & Managing Director, Indian Renewable Energy Development Agency Limited (IREDA), met with Challa Sreenivasulu Setty, Chairman of State Bank of India (SBI), in Mumbai.

Financial Institutions | September 04, 2024 | By News Bureau | 1045

Sterlite Power Refinances LVTPL Green Energy Corridor Project in Gujarat

Sterlite Power announced the successful refinancing of the Lakadia-Vadodara Transmission project loan within 12 months of the project becoming fully operational in January 2023.

Financial Institutions | February 16, 2024 | By News Bureau | 1146

EV Financing Platform Ohm Procures INR 3 Crores in Financing Supported by Antler India

Ohm Mobility will deploy the fund to strengthen what it was the first technology platform to connect EV players and financial institutions.

Financial Institutions | May 02, 2023 | By EI News Network | 1920

Blackstone Infrastructure Partners to Invest $3 Bn in Invenergy to Accelerate Renewable Development Activities

Blackstone Inc. announced that funds managed by Blackstone Infrastructure Partners have entered into a definitive agreement with Caisse de dépôt et placement du Québec (CDPQ) and Invenergy for an approximately $3 billion equity investment in Invenergy Renewables Holdings LLC.

Financial Institutions | January 10, 2022 | By News Bureau | 2941

EESL to Install 1.6 Cr Smart LED Streetlights Pan India by 2024

State-owned Energy Efficiency Services Ltd (EESL) has joined hands with the Ministry of MSME to install additional 1.6 crore efficient and smart LED streetlights across the nation by 2024.

Financial Institutions | December 24, 2021 | By Manu Tayal | 2771

Financing Options Must be Scaled up to Boost Rooftop Solar Adoption in India: Report

The Micro, Small and Medium-sized Enterprises (MSMEs) could be the key to accelerating the adoption of rooftop solar in India – but financial institutions are often reluctant to lend to MSMEs because they prefer borrowers with strong financial track records and good corporate credit ratings, said the new report by IEEFA and JMK Research.

Financial Institutions | September 30, 2021 | By Manu Tayal | 2682