Finance

The rating applies to ACME Aklera Power Technology’s 250 MW renewable energy capacity in Rajasthan for its INR 1,072 crore term loan facility from Bank of America, Standard Chartered Bank and India Infradebt Limited.

Carbon as collateral represents a practical financial innovation that can influence the pace of sustainable adoption in India. It assigns clear monetary value to environmental benefit and integrates this into consumer lending models. With appropriate regulatory backing and reliable accounting systems, the idea holds potential to expand credit availability, reduce cost barriers and support national climate commitments while creating long term economic opportunities.

Global hydrogen investment has topped $110 billion, up $35 billion from last year, with total committed capacity exceeding 6 million tons (metric tons) per year (mtpa), says the Hydrogen Council.

While subsidies have provided an important early boost, the future of residential solar affordability rests on financing models that expand access consistently. Loans create a pathway for households across diverse income brackets and geographies to invest in clean energy without waiting for government support.

ACME Solar has secured long-term project financing of INR 3,892 crore from the State Bank of India (SBI) for the development and construction of a 400 MW Firm and Dispatchable Renewable Energy (FDRE) project.

Utility-scale solar investment fell 19% globally, led by mainland China, Spain, Greece, and Brazil, while EU spending rose 63%, says BloombergNEF (BNEF).

Husk has secured a ₦5 billion (approximately $3.2 million) revolving, local currency debt facility from United Capital Infrastructure Fund (UCIF) to support the deployment and scaling of solar minigrids across Nigeria.

GREW Solar, the renewable energy venture of the Ahmedabad-based Chiripal Group, has successfully raised INR 300 crore from a diverse set of investors. The funds will be used to accelerate product development, strengthen technological infrastructure, and drive strategic expansion.

Adopting rooftop solar has never been simpler, with 100% digital, collateral-free loans tailored for middle-income households. From instant, paperless approvals to flexible options like zero-cost EMIs or hybrid plans, the process ensures ease at every step.

Solfin Sustainable Finance, a solar-focused non-banking finance company (NBFC) backed by Waaree, and Japanese Financial Institution, have entered co-lending partnership to provide working capital finance to solar panel dealers and rooftop solar finance to end consumers.