Capri Global, Credit Fair Partner To Offer Solar Finance For MSMEs Updated On Wed, Oct 16th, 2024 by Saurenergy Mumbai-based non-banking financial company (NBFC) Capri Global Capital Ltd (Capri Loans) launched its rooftop solar finance product under the Micro, Small and Medium Enterprises (MSME) Loans. The creditor will help individuals and businesses harness solar energy for self-use. Capri Solar Finance offers financing solution with no collateral, and minimal documentation, it said. The company claims […] Read more
SIDBI Secured $24.5 Mn from Green Climate Fund For Maiden Climate Project Updated On Wed, Mar 13th, 2024 by Saurenergy Small Industries Development Bank of India (SIDBI) has secured $24.5 Mn from Green Climate Fund (GCF) for its maiden anchored sustainability and climate focussed fund Avaana Sustainability Fund (ASF). The development came during the 38th meeting of the GCF Board in Kigali, Rwanda on March 6, reported the news agency PTI. The Green Climate Fund […] Read more
Tata Power Solar Systems Ltd & SIDBI to Offer Financing to MSMEs for Solar Adoption Updated On Wed, Sep 13th, 2023 by Saurenergy Tata Power Solar Systems Ltd & SIDBI have signed a Memorandum of Understanding (MoU) to offer easy financing options for MSMEs. TPSSL is one of India’s largest integrated solar companies and a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL). MSMEs that are willing to opt for rooftop solar PV plant or associated services […] Read more
“Penetration In MSME Low, Market Untapped for Solar Rooftop Plant Developers,” Vikas Agarwal, Credit Fair Updated On Fri, Mar 17th, 2023 by Saurenergy With a transition in power consumption patterns worldwide due to climate change and the limitation of fossil fuels, the importance of green sources such as solar energy has increased significantly in the past few years. However, the initial installation cost often is a significant limitation for the widespread adoption of solar technology in residential and […] Read more
Bank of Baroda, AEREM Collaborate for Rooftop Solar for MSMEs Updated On Tue, Nov 22nd, 2022 by Saurenergy The Indian Public Sector Banks (PSBs) are increasingly moving towards the cause of renewable energy expansion in the country. In a fresh development, Bank of Baroda (BoB), one of India’s leading public sector banks, has announced that it has entered into an alliance with Aerem Solutions Pvt Ltd (ASPL) and its subsidiary, Aerem Finance Pvt […] Read more
Cabinet Approves Second Tranche of PLI Scheme For Solar Module Manufacturing Updated On Wed, Sep 21st, 2022 by Saurenergy The second tranche / phase of the Production Linked Incentive (PLI) scheme for the advancement of solar PV modules, with an outlay of Rs 19,500 crore, was approved by the Union Cabinet on September 21. In a press conference held after the Cabinet meeting, Union Minister Anurag Thakur stated that the PLI for the “National […] Read more
Husk Power Systems to Establish 80 Rural Microgrids; Signs Microdebt Facility with EDFI ElectriFI Updated On Thu, Sep 15th, 2022 by Saurenergy Husk Power Systems, operator of the largest fleet of solar-hybrid microgrids across rural Asia and Africa, has set its sights on electrifying 80 additional communities in India with $6 million in new debt financing from the EU- funded Electrification Financing Initiative (EDFI ElectriFI). What the Microgrids Offer The 80 solar microgrids will prove to be […] Read more
UP Eyes Developing 20 Solar Cities In Next Five Years Updated On Fri, Aug 19th, 2022 by Saurenergy The Solar Energy Policy 2022 by the Uttar Pradesh has set its sights on another gigantic target, which is to generate 16,000 MW worth renewable power by 2026-27. Additionally, it will also be working towards building 20 cities with10 lakh households into ‘solar cities’ in the span of the next five years. The state government […] Read more
IREDA to raise MSME participation in renewable energy by offering more loans Updated On Mon, Jul 11th, 2022 by Saurenergy The Indian Renewable Energy Development Agency (IREDA) has announced that it is committed to heighten the participation of Micro, Medium and Small Enterprises (MSMEs) in the green energy sector by offering more loans. The announcement was made by its Chairman and Managing Director Pradip Kumar Das while speaking at the MSME Banking Conclave 2022. The […] Read more
