Renewables investments shifting from US to EU, says BloombergNEF
Utility-scale solar investment fell 19% globally, led by mainland China, Spain, Greece, and Brazil, while EU spending rose 63%, says BloombergNEF (BNEF).
Husk secures local currency debt facility to scale solar minigrids in Nigeria
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 raises INR 300 crore from diverse set of investors
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.
How smart financing solutions are solar powering the mid-income households
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.
Waaree-Backed Solfin enters co-lending tie-up with Japanese Financial Institution
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.
India’s solar EPC evolution: Why boutique firms are attracting institutional capital
Boutique EPC companies prioritize efficiency, customization, and site-specific solutions, and they frequently outperform their larger counterparts in terms of cost-performance ratios.
Australia launches fund to expand battery manufacturing
The Australian Renewable Energy Agency has launched a AUD 500 million ($324 million) initiative aimed at supercharging Australia’s battery manufacturing industry and seizing opportunities associated with the global renewable energy transition.
Beyond Rhetoric: India’s clean energy investments speak for themselves
India has drawn billions of dollars into renewable infrastructure from global institutional investors, private equity firms, and corporate stakeholders. Initiatives such as the National Solar Mission, coupled with predictable tariff structures and streamlined regulatory mechanisms, have created a conducive environment for capital deployment.
Vikram Solar IPO subscribed 1.52 times on first day
Vikram Solar Ltd’s Initial Public Offering (IPO) received a strong response on Day 1, with the non-institutional investors’ portion subscribed 3.84 times and the retail portion 1.37 times.
Nikhil Kamath invests INR 137.5 crore in Goldi Solar
Entrepreneur and investor Nikhil Kamath has invested INR 137.5 crore in Goldi Solar, a Gujarat-based solar PV module manufacturing company. The investment will enable Goldi Solar to expand its production.
