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solar project finance

Rays Power Infra Raises Rs 200 Cr from DMI Finance

The capital will be predominantly used to strengthen the company’s presence in the country and to develop ground mounted solar power projects. Mumbai-based solar power developer Rays Power Infra announced that it has successfully raised Rs 200 crore in debt and equity financing in the first round from DMI Finance. The capital will be predominantly […]

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Wintery Breath Clouding The Sunny Solar Sky!

Winter has already approached and the month of December is also knocking our doors. Before we plan for Christmas and New Year holidays, I reckon, this is the perfect time to look back on the past one year journey of our solar industry and do some analysis on it. This New Year not only brews […]

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Silverpeak Launches Renewable Investment arm to Finance Green Projects

The investment arm will be run by Santosh Raikarwho has joined Silverpeak as the strategy’s managing partner. Ramping up the investment platforms for renewable energy, enewable Investment armsak Renewables Investment Partners will provide an opportunity to institutional investors to invest in renewable technologies such as wind, solar and in the area of energy storage. The […]

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Solar Energy Production in the year 2018-19 was 21.365 Billion Units

Central Electricity Authority (CEA) has reported that the total solar energy production in the year 2018-19 was 21.365 Billion Units (BUs), as on 31.10.2018. The year-wise details of solar energy production since, 2015 are given as under: – S. No Year Generation from Solar Projects (BUs) 1. 2015-16 7.448 2. 2016-17 13.499 3. 2017-18 25.871 […]

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UK Government Gives £100 million for Renewable Energy Projects in Africa

The new investment triples funds for the Renewable Energy Performance Platform (REPP), to support up to 40 more renewable energy projects over the next 5 years UK Government has earmarked a fund of £100 million for the development of renewable energy projects in Africa. The new investment triples funds for the Renewable Energy Performance Platform […]

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LONGi Solar Named Tier-1 Module Maker in Q4 BNEF Report

BNEF’s criteria require module manufacturers to have supplied own-brand, own-manufacture products to six different projects over 1.5MW that have been financed by six different banks in the past 2 years. One of the leading solar modules manufacturer LONGi Solar has been named tier-1 module manufacturer in the Bloomberg New Energy Finance’s (BNEF) fourth quarter 2018 report. […]

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Freedom Solar Launches Commercial Solar Financing Vehicle in Texas

The company said in a statement that financing through it allows companies to finance up to 70 percent of the cost of an entire solar installation and ensures that an investment in solar is cash-flow positive from day one. Freedom Solar Financial Services, the first solar financial vehicle of its kind in Texas, has raised […]

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Green Bank Network Earmarks $10 Billion for Green Projects

Green Bank members invest across multiple technology platforms such as wind, utility, and small-scale solar, energy efficiency, low-carbon transport etc,. Green Bank Networks, specialized financial institutions involved in financing green projects, are expected to shell out $41 billion in as capital for projects around the globe. Green Bank members invest across multiple technology platforms such […]

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European Commission Approves 600 Million Euros in State Aid to French Solar Projects

The approval has been given under EU State aid rules which prohibits financial support by the government towards a business entity unless it is justified The European Commission has given its approval to a measure of providing stat sponsored financial support of 600 million euros innovative solar power installations in France. The approval has been […]

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