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AMPIN Energy Bags $50 Million From Siemens

Leading Renewable developer AMPIN Energy Transition has secured an investment of $50 million from Siemens Financial Services, the financing arm of Siemens AG. These funds will fuel the company’s growth in both Commercial & Industrial (C&I) and Utility-scale renewable energy projects as well as its energy transition value chain business. This marks AMPIN’s third major […]

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K2 Infragen Secures Order To Develop 68 MW Project In Gujarat

Haryana-based K2 Infragen, an EPC company, has secured a solar EPC project (With the supply of BOS material) contract of 67.61 Mega Watt DC in Gujarat.  This solar project is part of a 450 MWp project being developed by Coal India Limited in Khavda, Gujarat. K2 Infragen gets this contract from KPI Green Energy Limited. […]

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Actis Backed Blupine Energy Raises ₹1,787 Crore from NaBFID

BluPine Energy, a leading renewable energy services company established in India by global infrastructure investor Actis, has successfully closed a structured financing deal of ₹1,787 crore with the National Bank for Financing Infrastructure and Development (NaBFID). This deal is designed to optimize financial structuring, enhance operational efficiency, and fuel portfolio expansion. The transaction was structured […]

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IREDA Raises ₹910.37cr Through Privately Placed Tier-II Bonds

Indian Renewable Energy Development Agency Limited (IREDA) has raised ₹910.37 crore through the issuance of Privately Placed Subordinated Tier-II Bonds for a 10-year tenure at an annual coupon rate of 7.74%. The raising of Tier-II Bonds aims to tap liquidity in the current financial market and support the borrowing plan of the company. The funds […]

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PURE Enters ESS Market With The Launch Of PuREPower

PURE, an electric mobility and clean energy company, has introduced PuREPower, an energy storage product line catering to homes, businesses, and the grid. The product range includes PuREPower Home, PuREPower Commercial, and the upcoming PuREPower Grid, aimed at addressing India’s growing energy storage needs. PuREPower Grid, set for release in 2026, is designed to support […]

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Green Stocks March 25: Stocks Swoon With Broader Market

With reasons as varied as a run-up that was too fast, too soon, to the Trump deadline on April 2 for tariffs, the markets, and our green energy packs took a breath today, correcting after the sharp run-up since last week. Among the big losers was Solar Pump maker Shakti Pumps, besides developers NTPC Green, […]

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RBI Extends Priority Sector Lending For RE Projects Upto Rs 35cr

The Reserve Bank of India (RBI) has now extended funding for renewable projects in the country up to 35 crore under the Priority Sector Lending. The central bank regulator has issued revised guidelines on Priority Sector Lending (PSL) after a comprehensive review of existing provisions, incorporating feedback from stakeholders. The revised funding is cover the […]

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Delhi Govt Allocates Rs 50cr For PM Surya Ghar ‘Top Up’

Delhi Chief Minister Rekha Gupta today presented her maiden budget for the Union Territory. In her speech before the State Assembly, the CM talked about making the region self-sufficient in energy. She also talked about boosting the growth of solar energy in the state through the new Delhi Budget. In her speech, Gupta talked about […]

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India Sees Second Largest Rise In Energy Demand Globally: IEA

A recent report by the International Energy Agency (IEA) highlights that India has become the second-largest contributor to the rise in global energy demand. The report states that India’s energy demand increase surpassed the combined growth of all advanced economies. This comes as global energy demand grew by 2.2% in 2024, exceeding the average growth […]

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