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solar project finance

PFS Partners with USICEF For Financing Solar Projects in India

PFS has partnered with USICEF to leverage funds for distributed solar power projects in the country. Infrastructure finance company, PTC India Financial Services (PFS) has partnered with the US-India Clean Energy Finance (USICEF) to secure funds for funding solar projects in India. “It is an innovative facility which presents PFS with an opportunity to finance […]

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$1 Bn Green Finance Facility Launched to Boost ASEAN Green Infra Investments

The new facility will provide loans and necessary technical assistance for sovereign green infrastructure projects such as sustainable transport, clean energy, and resilient water systems. Southeast Asian governments, the Asian Development Bank (ADB), and major development financiers have launched the “ASEAN Catalytic Green Finance Facility”, a new initiative to spur more than $1 billion in […]

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World Bank Grants $148Mn to Finance Access to Electricity in Mozambique

The World Bank has approved an $82 million grant to increase access to electricity in five of the poorest provinces of Mozambique, including Niassa, Nampula, Zambezia, Cabo Delgado and Sofala. The project is also supported through a $66 million Multi-Donor Trust Fund administered by the Bank. With the potential to benefit about 1.5 million people, […]

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Deloitte Proposes Roadmap for Achieving India’s 40 GW Rooftop Solar Target by 2022

Scaling up rooftop solar in the MSME sector in India requires addressing issues related to lack of low-cost financing, inadequate level of awareness, and lack of rooftop aggregation models. In order to achieve the government’s ambitious target of building 40 GW of rooftop solar capacity by 2022, professional services and consultancy firm Deloitte has suggested […]

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GE Selected as Technology Provider For Onshore Wind Project in Spain

The 342MW Phoenix project will produce power across 10 wind parks in Aragon, Spain, and GE will install 91 onshore wind turbines from its 3MW platform. GE Renewable Energy has been selected as the technology provider for the Phoenix onshore wind project in Aragón Spain. The 342 MW project will be developed by Mirova, ENGIE, […]

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Vestas Wins Orders Worth 85 MW For Two Wind Projects in Asia

Danish wind energy major, Vestas has announced that it has won orders for two wind energy projects in Asia. The first order is the company’s first V150-4.2 MW order in Southeast Asia for a project in Vietnam, and the second order was secured using customised solutions for a 43 MW order with a first 20-year […]

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Interview with Rajendra Kumar Parakh, CFO, Vikram Solar

Availability of Domestic Finance at Viable Cost is Still a Distant Dream The only challenge that we can foresee is in terms of availability of finance and cost of finance available for renewable energy sector. Sources of finance for both solar manufacturing industry and solar deployment industry are scarce, a large part of funding comes […]

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ARENA Finances Project to Examine Viability of Using RE in Metal Production

ARENA is funding Element 25’s project to examine the viability of producing metals using renewable energy sourced from wind and solar farms. The Australian Renewable Energy Agency (ARENA), on behalf of the Australian government has granted $490,000 in funding to mining and metals company Element 25 Limited (E25) to examine the viability of using renewable […]

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Interview with Mohua Mukherjee, Program Ambassador Pro-Bono, International Solar Alliance

Next Generation Women will have Opportunities to Involve in Different Parts of Solar Value Chain Women of the next generation will have opportunities to be involved in many different parts of the solar value chain, including designing these new, energy-efficient solar gadgets or appliances, as well. We just need to start their familiarity with solar […]

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