GreenCell Mobility Secures Rs 3bn Green Financing For UP Project Updated On Thu, May 9th, 2024 by Saurenergy GreenCell Mobility, a pioneer in the Electric Mass Mobility sector, has secured Green Financing from leading Japanese financial institution Sumitomo Mitsui Banking Corporation (SMBC) for its Electric Bus project in Uttar Pradesh. This transaction not only marks the first Project Finance by a Japanese bank in the Electric Mobility domain in India but is also […] Read more
Avaada Energy Secures Rs 4,471 Cr Refinancing For Rajasthan Solar Projects Updated On Fri, Apr 19th, 2024 by Saurenergy Avaada Energy, the renewable energy arm of Avaada Group, has announced the successful closure of one of the largest refinancing transactions in India’s renewable energy sector, securing about Rs 4,471 crore from the state-owned lender, the National Bank for Financing Infrastructure and Development (NaBFID). This refinancing transaction, conducted under a Restricted Group (RG) structure, encompasses […] Read more
Recurrent Energy Secures $70 Million Financing For 152 MW Brazil Solar Project Updated On Thu, Apr 18th, 2024 by Saurenergy Solar and energy storage assets firm Recurrent Energy has announced that it has secured $70 million of non-recourse project financing from Banco do Nordeste do Brasil S.A. (BNB) for its Jaiba III solar project in Brazil. The 152 MW Jaiba III project will be financed over 22 years spanning both construction and operation phases. Linked […] Read more
GPS Renewables Secures Rs 411.50 Crore Debt-Financing Updated On Thu, Apr 18th, 2024 by Saurenergy Bengaluru-based clean energy firm, GPS Renewables has successfully secured Rs 411.50 crore in debt financing. This funding was sourced from a consortium of major banks and financial institutions, according to a statement by GPS Renewables. Tilak Minocha, the Chief Finance Controller of GPS Renewables, emphasised that the new funds would significantly enhance their capabilities to […] Read more
Husk Power Secures $4 Million In Debt Financing From ElectriFI Updated On Mon, Apr 15th, 2024 by Saurenergy Read more
Husk Power Secures $4 Million In Debt Financing From ElectriFI Updated On Mon, Apr 15th, 2024 by Saurenergy In a joint announcement today, Husk Power Systems and ElectriFI announced collaborating with each other to boost the growth of renewable energy in rural India. Husk Power is a decentralized solar-hybrid mini-grid solution provider. ElectriFI is an EU-funded impact investment facility managed by EDFI Management Company. The firms today confirmed Husk’s securing of an additional […] Read more
Revfin Inks Deal With Sun Mobility For EV Financing Updated On Wed, Mar 20th, 2024 by Saurenergy Electric Vehicle maker SUN Mobility and Revfin have collaborated to offering innovative financing solutions for fleet and passenger vehicles utilizing SUN Mobility’s Battery-as-a-Service (BaaS) model. Revfin will finance two-wheelers for fleet business and three-wheelers for cargo and passenger vehicle segments. SUN Mobility also plans to deploy almost 100k of these vehicles under the BaaS model, […] Read more
Recurrent Energy Gets Financing for 119 MW Solar Project in Mexico Updated On Wed, Mar 6th, 2024 by Saurenergy Recurrent Energy, a subsidiary of solar and energy storage assets company Canadian Solar Inc. announced that it has closed non-recourse project financing for its 119 MW Horus Solar project in the region of Aguascalientes, Mexico. Recurrent owns 49 percent of the Horus Solar project, while Korea Electric Power Corporation (KEPCO) and Sprott own 15 percent […] Read more
COVER STORY: Increased Govt Thrust Set To Give Rooftop Solar Financing A Fillip Updated On Tue, Feb 13th, 2024 by Saurenergy Read more
