SUBSCRIBE NEWS LETTER

solar project finance

As Fy25 Ends, A Mixed Message For Solar From Regulators, Courts

The final week of March, also the end of the financial year 2024-25, saw a troika of rulings in favour of solar, and solar customers by extension, across key states of Maharashtra, Karnataka and Tamil Nadu.   Maharashtra Regulator Backs Solar With Vote For Status Quo   In Maharashtra, the Maharashtra Electricity Regulatory Commission (MERC) […]

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Pentagreen, BII Invest $80M With ib vogt To Build Solar, BESS in SE Asia

Pentagreen Capital (Pentagreen) and British International  Investment (BII) have announced joint financing of US$80 million to accelerate the rollout of utility-scale solar and battery storage projects across Southeast Asia. These companies are developing their latest project in collaboration with ib vogt Singapore Pte. Ltd. (ib vogt), an international renewable energy development platform.   Pentagreen is the sustainable […]

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ADB & Shriram Finance Sign Deal To Boost EV Financing in India

The Asian Development Bank (ADB) and Shriram Finance Limited have signed a loan agreement for $150 million to boost access to finance for micro, small, and medium-sized enterprises (MSMEs) in India. The agreement will focus on granting business loans for financing electric vehicles (EVs) and low-emission commercial vehicles for business purposes. The loan will particularly […]

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Adani Green Commissions 250 MW Rajasthan Solar Project

Adani Green Energy Limited (AGEL) has taken another step toward expanding its renewable energy footprint by commissioning a 250 MW solar power project at Bhimsar, Rajasthan, through its subsidiary. In a regulatory filing, the company announced, “Adani Green Energy Twenty-Four Limited’s latest commissioning has pushed AGEL’s total operational renewable energy capacity to 12,841.1 MW.” The […]

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₹750 Cr Budget Allocation In J&K Budget To Solarize Govt Buildings

In Jammu and Kashmir’s (J&K) first budget as an elected government in seven years, Chief Minister and Finance Minister Omar Abdullah outlined plans to enhance the state’s solar potential. “We are promoting rooftop solar installations under the PM Surya Ghar Muft Bijli Yojana. The solarization of 22,494 government buildings, with a total capacity of 314 […]

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Adapture Secures $321Mn Debt Facility For 441 MW Solar Project In US

Adapture Renewables, Inc., a utility-scale solar and energy storage project developer, owner, and operator, has secured $321 million in financing from Mistubishi UFJ Financial Group (MUFG). This financing would support the construction of its largest project. Adapture Renewables’ Titanium portfolio (Titanium), is a 441 MW solar project spanning three sites across Arkansas and Illinois. The […]

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Lead Sourcing, Strategy, Costing & Contract Management (Solar & eBoP)

KEY ACCOUNTABILITIES:- KRA:- Costing & Price Benchmarking (Solar & e-BoP):- Provide component wise (Solar Module, inverter, mounting structure, cables, transformers, trackers, BOS etc. ) costing & updated industry benchmarks to bidding and BD teams to ensure optimal IRRs while bidding Develop bottom-up cost models for key solar components: Modules, inverters, mounting structures, cables, transformers, trackers, […]

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Solarium Appoints Himanshu Garg As Its New Chief Financial Officer

Gujarat-based solar energy solutions provider, Solarium specializing in residential and industrial solar system installations has appointed CA Himanshu Garg as its new Chief Financial Officer (CFO). In his previous role as Vice President at DeHaat, a leading Agritech platform, Himanshu successfully led Corporate Development, overseeing key areas including Investor Relations, M&A, Business Finance, and FP&A. […]

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Grew Solar Plans To Enter Foreign Markets, Eyes Exports By CY25

Can you give an overview of the journey of Grew since its inception? GREW Solar has been strengthening its presence in India since its inception in 2022. The first production unit was set up at Dudu, close to Jaipur, Rajasthan, which has been successfully operating for almost 2 years now. Recently, the company has a […]

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