Credit Fair Joins Hands with Amplus to Finance Rooftop Solutions Updated On Thu, Oct 5th, 2023 by Saurenergy Credit Fair, a consumer lending fintech startup, has joined forces with Amplus Solar, a clean energy solutions provider. This collaboration offers collateral-free affordable financing to individuals, housing societies and trust associations looking to set up solar rooftops. The maximum loan an individual and MSME can avail of is up to Rs 200 lakh. Credit Fair […] Read more
Tata Power Gets DFC Backed USD 425 million For Cell and Module Plant in Tamil Nadu Updated On Mon, Sep 11th, 2023 by Saurenergy The U.S. International Development Finance Corporation’s (DFC) Board of Directors has approved the provision of up to USD 425 million in financing in TP Solar Limited, a subsidiary of Tata Power Renewable Energy Limited (TPREL), for its upcoming greenfield 4.3 GW solar cell and module manufacturing plant at Tirunelveli district in Tamil Nadu, India. DFC […] 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
US based Hecate Energy Closes $550 Million Financing Package For Green Ambitions Updated On Wed, Jan 25th, 2023 by Saurenergy Hecate Energy, a leading developer of renewable power projects and energy storage solutions in the United States, today announced the recent close of a five-year $550 million credit facility package, inclusive of a $250 million term loan and $300 million Letter of Credit (“LC”) facility to support further expansion of its solar and energy storage project pipeline. The new credit facilities […] Read more
Solar Loans Firm Goodleap Announces 15th Securitisation of Its Loans Updated On Mon, Dec 12th, 2022 by Saurenergy GoodLeap, LLC, a leading digital marketplace for sustainable home solutions in the US has announced the closing of GoodLeap Sustainable Home Solutions Trust 2022-4, the 15th securitization of loans originated by GoodLeap. Lime Residential, Ltd. (a Credit Suisse affiliate) sponsored the transaction and Credit Suisse Securities (USA) LLC, Citigroup Global Markets Inc., and Goldman Sachs & […] Read more
WAAREE Gets 500 Cr Credit Line for Solar Projects Updated On Thu, Sep 8th, 2022 by Saurenergy WAAREE Energies, India’s largest solar panel manufacturer, has entered into an agreement with the State Bank of India (SBI) for availing unsecured financing for solar projects through Surya Shakti Solar Finance Scheme and providing working capital for Channel Partners under EDFS (Electronic dealer finance scheme). The credit line is for upto Rs 500 crores for […] Read more
World Bank Provides $165 M To Support RE In India’s Residential Sector Updated On Thu, Jun 30th, 2022 by Saurenergy The World Bank Board of Executive Directors on June 28 approved of $165 million in additional financing to support India’s residential sector in adoption of rooftop solar systems and make solar energy more affordable, according to a press release issued by the World Bank. These solar photovoltaic (PV) installations will provide clean, renewable energy, and […] Read more
Waaree Energies Gets SEBI Nod For Rs.1500 Cr IPO Updated On Tue, Jan 11th, 2022 by Saurenergy Waaree Energies Ltd, one of the country’s largest solar module manufacturers has received approval from markets regulator SEBI to launch its initial public offering (IPO). In September, the company had filed draft papers with SEBI. The IPO comprises fresh issue of shares worth Rs 1350 crore, and an offer for sale up to 4,007,500 equity […] Read more
Koch Invests $150 million in GameChange Solar Updated On Fri, Dec 17th, 2021 by Saurenergy GameChange Solar Holdings Corp. (GameChange), a leading US provider of racking and tracker systems for utility scale solar power plants, announced today that Koch Strategic Platforms (“KSP”), a subsidiary of Koch Investments Group, has made a $150 million investment in GameChange to support the company’s strategic development goals. In India, GameChange has its office in […] Read more
