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Finance

The ease of financing in the solar sector

Innovative models that provide pay-as-you-go solar systems, peer-to-peer energy trading, and crowdfunding platforms could expand access to renewable energy for underserved communities.

GEAPP joins ISA’s multi-donor trust fund initiative to mobilize $100 million solar finance

The Global Energy Alliance for People and Planet (GEAPP) has strengthened its partnership with International Solar Alliance (ISA) by signing ISA’s Multi-Donor Trust Fund, which aims to mobilize $100 million to fund high-impact solar energy projects.

Why timely solar project delivery matters more than ever in 2025

India’s renewable energy sector symbolizes hope—for environmental sustainability, economic growth, and global leadership. However, poor execution could derail this vision. The renewable energy industry cannot afford to repeat mistakes seen in infrastructure, where overcommitting and underdelivering have compromised credibility and delayed progress.

Solarium Green gets BSE nod for SME IPO

Solarium Green Energy, a solar EPC solutions provider, is set to open for public subscription. The proceeds from the public issue will be used to meet the company’s working capital requirements and to address general corporate purposes.

Renewable energy lending up by 60% last year

Lending to renewable energy projects in India in 2023 increased 63% year-on-year to INR 30,255 crore ($3,663 million). Out of the total, 49% went to solar projects.

Federal Bank, Ecofy partner on financing for MSME rooftop solar

The co-lending program targets financing 3,600 kW of rooftop solar installations annually, benefiting numerous micro-, small and medium-sized enterprises (MSMEs).

India’s green hydrogen leap presents INR 8-10 trillion opportunity

India’s target of achieving 5 million tonnes per annum of green molecule production by 2030 presents an investment opportunity of INR 8-10 trillion across building the infrastructure for electrolyzer production, renewable energy generation and green molecule production.

Madhya Pradesh allots land for solar manufacturing projects

Madhya Pradesh has received solar manufacturing proposals from Grew Energy, Insolation Green Energy, Premier Energies Global, Saatvik Solar and other companies. Land allotment letters for these industrial units were recently given away by the State’s chief minister.

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ReNew to delist from NASDAQ

A consortium of ReNew Energy Global promoters including Masdar, CPP Investments, Abu Dhabi Investment Authority (ADIA) and Sumant Sinha has offered to buy out the company’s publicly listed shares.

Mahindra Susten closes INR 1,448 crore financing for 560 MWp of solar projects

Mahindra Susten has secured a Rupee term loan of INR 1,448 crore from HDFC Bank and Axis Bank for 560 MWp of solar power projects being developed in Gujarat and Rajasthan.

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