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capital deployment

BGFA, Nuru SASU Collaborate To Scale-Up Mini-Grid Deployment In Congo

Beyond the Grid Fund for Africa (BGFA) and a company based in the Democratic Republic of the Congo (DRC), signed a new agreement, to establish a new mini-grid, which is expected to provide access to clean energy in the northeastern part of the country. This project is expected to provide access to electricity for residential, […]

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BrightNight, ACEN Announce US $1.2B Capital Partnership In Philippines

BrightNight, a global renewable power producer and a clean and dispatchable solutions provider, announced its partnership with ACEN Corporation (ACEN), the leading Phillippines based industrial and energy group. This partnership was undertaken to advance the development, construction, and operation of Bright Night’s initial 1.0 GW renewable power portfolio in the Philippines. Through this newly formed […]

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Cleantech Solar Raises Rs 6.25 Billion From Tata Capital for Indian RE Projects

Singapore headquartered Cleantech Solar has successfully secured a substantial long-term senior secured loan facility of Rs 6.25 billion from Tata Capital Limited. This funding is earmarked for bolstering its open access portfolio within India. Cleantech Solar stands as a prominent provider of renewable energy solutions catering to corporate entities across India and Southeast Asia. It […]

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EIF Commits €150 Mn To White Summit Capital Infrastructure Fund II

The European Investment Fund (EIF) recently signed a €150 million commitment to the White Summit Capital Decarbonisation Infrastructure Fund II (WDIF II). European Investment Fund (EIF), a part of the European Investment Bank Group recently signed an agreement with ‘White Summit Capital’ which forms a specialised energy transition infrastructure investment manager. The project has the […]

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5 Ways Lower Storage Costs Will Affect Solar Deployment

Ever since 2015, when solar started being added at scale every year, all stakeholders have known the biggest challenge it will ultimately face. Intermittency. Or more simply, what to do when the sun goes down. That is why cheap and efficient storage has been considered almost like the golden key that will unlock solar possibilities […]

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India Joins Battery Storage Consortium To Boost BESS Deployment

India has now joined the Battery Energy Storage Systems (BESS) Consortium, at the ongoing Conference of Parties (COP28) Summit at Dubai. The consortium is an initiative of the Global Leadership Council (GLC) of the Global Energy Alliance for People and Planet (GEAPP). Through the BESS Consortium, India is among the first-mover countries as a part […]

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Magenta Mobility Secures Debt Financing from SIDBI for EV Deployment in Delhi NCR

Magenta Mobility, a provider of electric mobility and EV charging solutions has secured debt financing for about 350 EVs under the Green Finance Scheme by the Small Industries Development Bank of India (SIDBI). The loan received from SIDBI will help to scale up deployment of Cargo Electric Vehicles for last mile deliveries across Delhi-NCR region. […]

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ISA Hosts Lecture on Deployment of Renewable Technologies in Developing World

The International Solar Alliance (ISA) recently hosted a special lecture in New Delhi, which also saw the presence of officials from The Rockefeller Foundation. The theme of the lecture was ‘Tackling the Climate Crisis by Dramatically Expanding Access to Renewable Technologies Across the Developing World’. The Rockefeller Foundation, a philanthropy body built on collaborative partnerships […]

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Renewable Power Capital, Eelpower Form JV for 1 GW Storage In UK

Renewable Power Capital (RPC), a pan-European renewable energy investment platform backed by CPP Investments, has announced that it has entered into the battery storage market in Great Britain, in partnership with Eelpower, the UK specialist battery storage company. The official statement by RPC held that the new joint venture will acquire, build and operate utility-scale […]

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