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USAID, DFC to Grant $41 Mn Loan to Help Indian SMEs Finance Rooftop Solar

USAID and DFC are sponsoring a USD 41 million loan portfolio to help finance investments by Indian SMEs in renewable energy, including rooftop solar. The United States Agency for International Development (USAID) and the U.S. International Development Finance Corporation (DFC) are jointly sponsoring a USD 41 million loan portfolio guarantee to help finance investments by […]

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Sunlight Secures ~$2.5 Bn in Solar Financing via Expanded Partnership With Tech CU

Sunlight Financial, a premier, technology-enabled point-of-sale residential solar financing platform, today announced that Tech CU, a Silicon Valley-based credit union, has committed to fund another nearly $2.5 billion in residential solar and storage systems sold and installed by Sunlight partners over the next three years, expanding upon a long-term partnership between Sunlight and Tech CU […]

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Adani Green Raises $1.35 Bn for 1.69 GW of Solar, Wind Assets in Rajasthan

Adani Green Energy has successfully raised USD 1.35 billion to initially finance a 1.69 GW portfolio of solar and wind projects in Rajasthan. Adani Green Energy Limited (AGEL) has announced that it has successfully raised a USD 1.35 billion debt package for its under-construction renewable asset portfolio through definitive agreements signed with a group of […]

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Amplus Solar Announces the Finalists of ‘The MILES Challenge’

Amplus Solar has announced the Green List i.e. the finalists of The MILES (M+ Innovation Lab for Energy and Sustainability) Challenge. Amplus Solar has announced the Green List, the finalists of The MILES (M+ Innovation Lab for Energy and Sustainability) Challenge. The challenge was launched in January 2021 for start-ups with ready to deploy innovations […]

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Shuchi Anant Virya Partners with HPCL to Build EV Charging Points

Shuchi Anant Virya, a 50:50 joint venture of a renewable energy solutions provider Fourth Partner Energy and EV fleet operator Lithium Urban Technologies, was set up for electric vehicle (EV) charging infrastructure in March 2020. Today, Suchi Anant Virya has announced its partnership with ONGC owned Hindustan Petroleum Corporation Limited (HPCL) , to set up […]

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EESL Report Reinforces the Objectives of India Cooling Action Plan

Energy Efficiency Services Limited, (EESL), a joint venture under the Ministry of Power, Government of India, with support from Global Environment Facility (GEF) and UN Environment Programme (UNEP) launched a market assessment study for Super- Efficient ACs. A report on District Cooling Potential in India was also launched in collaboration with UNEP, GEF, District Energy […]

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Siemens Commissions India’s First HVDC Power Transmission Link

Siemens has successfully commissioned India’s first high-voltage direct current (HVDC) link between Pugalur and Thrissur. Siemens Limited has announced that it has successfully commissioned India’s first high-voltage direct current (HVDC) link featuring voltage-sourced converter (VSC) technology. The 2,000 megawatts (MW) electricity transmission system, consisting of two links between Pugalur in the state of Tamil Nadu […]

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Storm Motors Claims $1M+ Orders in the First Four Days

Storm Motors, a startup company in fast emerging electric vehicles space has announced its flagship product, Storm – R3 a personal mobility solution, opening with a limited number of units to be produce this year has already hit big by gaining $1M + orders in just first four days. Storm Motors, founded in 2016 by […]

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GOGLA, Solar Energy Association Marks 2020 With USD 316 Million Investment

GOGLA, the global association for off-grid solar energy, which delivers off-grid electricity products and services, has announced that the total investment into the off-grid solar sector in 2020 accounted for USD 316 million, four million higher than 2019. GOGLA reasons out the seven key elements for their achievements. It has released an Investment Database which […]

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