ACME Solar secures INR 3,184 crore REC funding for 280 MW FDRE project
ACME Solar has secured long-term financing of INR 3,184 crore from REC Ltd for the development and construction of a 280 MW firm and dispatchable renewable energy (FDRE) project contracted with NHPC.
Australia faces slowdown as investment in solar and wind falls 64% in 2025
Investment in new large-scale solar and wind in Australia fell by 64% year on year in the first half of 2025 as grid bottlenecks, slow planning approvals, higher costs, and social licensing issues took a heavy toll.
How equipment financing fuels MSME operational efficiency and success
By using equipment financing products, MSMEs can preserve their working capital rather than draining their cash balances. A strategic choice, it unlocks capital and enables businesses to invest it in key areas such as research and development, hiring talent, or expansion.
Avaada Group to invest INR 5,000 crore in 1 GW of renewable energy projects in Bihar
Avaada Group has signed a memorandum of understanding with the government of Bihar to invest INR 5,000 crore for developing 1 GW of solar and battery energy storage projects in Bihar.
MNRE to launch utility-led solar program for houses without suitable rooftop space: Minister Pralhad Joshi
The Indian government will soon launch a utility-led solar program under the PM Surya Ghar: Muft Bijli Yojana to benefit households without suitable rooftop space, Union Minister for New and Renewable Energy Pralhad Joshi said during his speech at the Mercom India Renewables Summit 2025.
Crisil assigns ‘AA-/Stable’ rating to INR 2,086 crore bank loan of Acme Solar
Acme Solar has secured ‘AA-/Stable’ rating for 600 MW of renewable energy projects in Rajasthan, backed with a total term loan facility of INR 2,086 crore.
India needs to invest $1.5 trillion by 2030 for climate action at scale: Deloitte report
The report highlights significant investment opportunities across renewable energy (solar, wind, hydro), bio-energy, energy storage solutions, green hydrogen and its derivatives, sustainable transport infrastructure, digital systems and platforms for climate action, sustainable agriculture, and circular economy and waste management.
Reliance Power to raise INR 9,000 crore via QIP, FPO and NCDs
Reliance Power has approved plans to raise up to INR 6,000 crore via a Qualified Institutions Placement (QIP), follow-on public offer (FPO), or a combination of both. The company also plans to raise up to INR 3,000 crore through the issuance of non-convertible debentures (NCDs).
Mufin Green Finance raises $6.5 million from Developing World Markets to accelerate EV and clean energy financing in India
The funds will mainly be used for EV loans and leases, while also financing EV batteries, charging infrastructure, and solar panel installations for residential and commercial & industrial (C&I) projects.
Adani Green Energy allots 1.09 crore equity shares to Ardour upon warrant conversion
The promoter group’s shareholding in Adani Green Energy Ltd (AGEL) has now increased from 61.91% to 62.17%.
