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solar project finance

The Unicorn In Solar Market : Zetwerk’s Story

Ever since the solar sector was brought into focus sharply in 2014, in the form of an ambitious capacity addition plan by the central government, the sector has been abuzz. Yes, there have been the predictable, and some unpredictable roadblocks too, be it the covid pandemic, or the price volatility that followed it. But there […]

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Voltalia Achieves Full Commissioning of Solar Cluster of 50.6 MW Capacity

Renewable energy player, Voltalia, has successfully commissioned Garrido, the Portuguese cluster that entails five solar plants boasting 50.6 MW cumulatively. Construction for these projects began back in September 2021, advancing towards full capacity since March 2023. Power generation first kicked off at Vale Serrão (2.4 MW), Pinhal Novo (11.8 MW), and Alcochete (23.8 MW). The […]

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Solar Pumps, Refrigerators To The Rescue In Benin, West Africa

In the Kalalé District of Benin, West Africa, basic health services are hard to come by. Historically, a lack of electrical infrastructure in this region has meant no power to pump clean water or refrigerate vaccines. That has now changed due to a recently completed project by the Solar Electric Light Fund (SELF), with funding from the Millennium Challenge […]

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North Canada to Welcome its Biggest Solar Plant from Mining Group Rio Tinto

Spain’s mining group Rio Tinto’s Diavik Diamond Mine is set to establish the largest solar power plant across Canada’s territories. The plant will boast of more than 6,600 solar panels. The project will generate close to 4,200 MWh of carbon-free electricity annually for the mine. Commercial production from the operation is slated for completion in […]

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Electronica Finance Limited Signs US$15 Mn Deal with ResponsAbility Investments AG

Electronica Finance Limited (EFL), a Pune-based Non-Banking Financial Company (NBFC) specialising in financing MSMEs with a focus on financial inclusion and energy efficient machine financing, has signed a US$15 million deal from Global Climate Partnership Fund (GCPF), managed by responsAbility Investments AG. The finance provided under the deal will be for six years and the […]

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12 States Now Host India’s 50 Solar Parks

Recent data from Lok Sabha shared by the Union Minister of New and Renewable Minister RK Singh indicated that solar parks have made its entry to 12 Indian states. At the same time, it is still a non-starter in many other states.  A written reply by the minister said that these 12 states now host […]

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CleanMax Inaugurates 400 MW Wind Solar Hybrid Project in Gujarat

CleanMax Enviro Energy Solutions, a C&I renewable energy firm has inaugurated a 400 MW wind-solar hybrid project in Babra, Gujarat. The firm says that this is the first project to have the latest 3.3 MW Envision turbines. The said project was completed within 16 months of inception, and it was ensured that only unutilized commercial […]

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Adani’s New Energy Arm In Trade Finance Facility For $394m

Adani New Industries Limited (ANIL) ecosystem has announced the raise of a trade finance facility of USD 394mn (INR 3,231 Cr) from Barclays PLC and Deutsche Bank AG for securing working capital requirements of its integrated solar module manufacturing facility. ANIL, a wholly owned subsidiary of Adani Enterprises Ltd, is building an ecosystem of one […]

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