SUBSCRIBE NEWS LETTER

solar project finance

Mergence, Solarise Africa Invest R160 Million In South Africa

Solarise Africa, an Energy-as-a-Service company, has announced a strategic partnership with Mergence Investment Managers, securing an R160 million investment to expand Commercial & Industrial (C&I) renewable energy solutions across South Africa. The introduction of local debt and a mezzanine facility will enhance the company’s ability to increase its industry presence and impact renewable energy adoption. […]

Read more

Continuum Green Energy Secures $150Mn To Deploy RE Projects Across India

Continuum Green Energy (Continuum), a leading renewable energy group in India serving commercial and industrial consumers, has entered into a definitive agreement with Just Climate. Under this agreement, Just Climate will invest Rs. 12.56 billion (approximately US$ 150 million) in new equity to support Continuum’s ongoing deployment of wind-solar-hybrid energy generation and storage projects across […]

Read more

Ruloans, UGRO Capital Foray Into Rooftop Solar Financing Biz

Ruloans, a credit distribution company in India, entered into a partnership with UGRO Capital, a DataTech MSME-lending platform, to tap into the growing renewable energy finance market. Ruloans is a direct sales agent (DSA) for all financial services, including loans, credit cards, and insurance. It recently added rooftop solar finance products into its loan portfolio […]

Read more

SPECIAL REPORT: UP’s Time To Shine In Solar

At a recent Solar Trailblazers event in Lucknow in July, organised by Saur Energy, Uttar Pradesh Deputy Chief Minister Brajesh Pathak told a hall-packed audience that this is the ‘best time’ in India to go for solar. He was referring to the higher subsidies given to the rooftop solar consumers under the ambitious PM Surya […]

Read more

News In Brief July 23: Coal India Gets Graphite Block, PowerCo & QuantumScape, JA Solar And Solarpro

Coal India Secures First Graphite Block In Green Energy Push Coal India Limited (CIL) secured its first critical mineral asset, a graphite block, in Madhya Pradesh. Acquiring a graphite asset position, Coal India emerged as the preferred bidder for the Khattali Chotti graphite block located in Alirajpur district, Madhya Pradesh. The state-owned, Coal India Limited […]

Read more

Budget 2024: Govt Imposes New Customs Duty On Solar Glass

Union Finance Minister Nirmala Sitharaman today presented the Union Budget for 2024-25 before the Parliament. The minister talked about several steps taken by the government towards India’s sustainable energy transition besides rolling out some more plans of the government to boost the growth of the renewable energy industry in the sector. She also talked about […]

Read more

ADB Approves Support for Rooftop Solar Systems in India

The Asian Development Bank (ADB) has approved $240.5 million in loans to finance rooftop solar systems in India that will help the government expand energy access using renewable energy. The financing will support tranches 2 and 3 of the Multitranche Financing Facility (MFF) Solar Rooftop Investment Program approved by ADB in 2016. The program was restructured in […]

Read more

India’s Solar Journey: 5 Speed Breakers on the Journey to 100 GW and Beyond

India has enormous solar potential due to its geographical conditions. The country’s total solar energy capacity recently surpassed 85 Gigawatts (GW), which is about 11 percent of its total solar potential of 748 GW, as assessed by the National Institute of Solar Energy (NISE). Ironically, the country had set a target of 100 GW of […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll