TAG: "financings"

News

Sterlite Power Secures New Orders Worth INR 2,250 Crores

Sterlite Power has won significant new orders worth INR 2,250 crores and secured L1 positions in orders worth 650 Cr in Q3 FY’25 marking its highest order book win in the current financial year. 

Financings | February 12, 2025 | By News Bureau |  400

TPREL and Bank of Baroda Sign MoU for Financing Residential Rooftop Solar Power Systems

Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power, and Bank of Baroda have signed a Memorandum of Understanding (MoU) for financing of residential rooftop solar power systems. The MoU will facilitate financing options for residential customers under the Pradhan Mantri Surya Ghar Yojana (PMSGY).

Financings | February 06, 2025 | By News Bureau |  514

Prime Minister Narendra Modi Visits IREDA Pavilion at 'Utkarsh Odisha: Make in Odisha Conclave 2025'

During the interaction, Pradip Kumar Das highlighted IREDA's pivotal role in advancing renewable energy projects to achieve India’s 500 GW non-fossil fuel installed capacity target by 2030, in line with the country’s Panchamrit and Viksit Bharat 2047 goals.

Financings | January 28, 2025 | By News Bureau |  443

IRFC and REMCL Sign MoU to Finance RE Projects for Indian Railways

Indian Railway Finance Corporation Limited (IRFC) and REMCL, a JV of MOR & RITES, facilitating power procurement for Indian Railways, have signed a Memorandum of Understanding (MoU) to collaborate on financing Renewable Energy (RE) projects awarded by REMCL for supply to Indian Railways.

Financings | January 04, 2025 | By News Bureau |  1269

Valorem and Triobud Investments to Develop 2 Hybrid Wind and Solar PV Projects in Poland

The agreement covers the development of projects until ready-to-build stage with a targeted total installed capacity of up to 700 MW and potential expansion of the partnership to further assets.

Financings | January 03, 2025 | By News Bureau |  514

Enfinity Global Bags €165 Million Financing for 147 MW Solar Energy Projects in Italy

The projects are expected to be operational by 2026, with the energy contracted under long-term power purchase agreements (PPAs) with an international technology provider.

Financings | December 12, 2024 | By News Bureau |  719

Mahindra Susten Secures INR 1,448 Crore Loan for 560 MWp Solar Projects in Gujarat and Rajasthan

This funding will enable the development of the proposed solar plants, marking a significant milestone in the company’s efforts to advance renewable energy infrastructure in India.

Financings | December 11, 2024 | By News Bureau |  749

Ecofy Partners With Swelect Energy to Accelerate Rooftop Solar Adoption in South India

Moreover, the partnership is strategically aligned with the government's PM Surya Ghar initiative and aims to accelerate the adoption of rooftop solar installations by providing accessible financing solutions.

Financings | November 27, 2024 | By News Bureau |  767

RIC Energy and Rosemawr Management to Fund 450 MW Solar and Energy Storage Projects in NY

RIC Development, LLC (RIC Energy), a renewable energy company, and Rosemawr Management, an investment firm focused on municipal investing and sustainable and social infrastructure, have announced a financing partnership to fund interconnection deposits that will help to deploy up to 450 MW of solar and energy storage projects across New York.

Financings | November 20, 2024 | By News Bureau |  747

IREDA to Raise Approx INR 4500 Crore through Fresh Equity Issue

Indian Renewable Energy Development Agency Limited (IREDA) received approval from the Department of Investment and Public Asset Management (DIPAM) for raising approximately INR 4500 crore through fresh equity issue.

Financings | September 19, 2024 | By News Bureau |  771

Articles

Transition to Electric Vehicles: A Crucial Priority for the Government

The automobile sector is the largest contributor to the country’s manufacturing GDP, accounting for over 7% of the total. This sector is currently undergoing significant transformations with the rise of electric vehicles (EVs). In FY24, EV sale...

Financings | August 27, 2024 | By News Bureau |  416

Navigating the Evolution: Financing Trends in India's C&I Rooftop Solar Market

As India continues its ambitious journey towards sustainable energy, the commercial and industrial (C&I) rooftop solar sector emerges as a pivotal player. With increasing awareness of environmental sustainability and cost-effectiveness, businesse...

Financings | May 02, 2024 | By News Bureau |  656

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 |  1552

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 |  2177

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