To supply renewable power for a contracted capacity of 300 MW to NTPC Evren, a platform launched by Brookfield in India as a joint venture with Axis Energy, announced it has secured approximately $600 million for the development of its Firm and Dispatchable Renewable Energy (“FDRE”) hybrid project in Andhra Pradesh and Rajasthan. This marks […]
IREDA Secures JPY 28 Billion Financing Pact with SMBC to Boost Renewable Energy Funding – EQ
In Short : Indian Renewable Energy Development Agency has signed a financing agreement with SMBC to secure JPY 28 billion for renewable energy funding. The arrangement strengthens IREDA’s international borrowing strategy and enhances access to competitive green finance. The partnership will support clean energy projects, improve liquidity, and accelerate India’s renewable capacity expansion while reinforcing […]
ACEN India Locks ₹7.52 Billion Funding to Advance 100 MW Wind Power Development in Karnataka – EQ
In Short : ACEN India has secured ₹7.52 billion financing for a 100 MW wind project in Karnataka, strengthening its renewable energy expansion in India. The funding will support construction, grid integration, and project execution. The development advances clean power capacity, attracts investment, and supports decarbonization goals while contributing to regional energy supply and long-term […]
Newtrace Secures $6.3 Million Pre-Series A Funding to Accelerate Green Hydrogen Technology – EQ
In Short : Newtrace has raised $6.3 million in a Pre-Series A funding round to expand its advanced electrolyser technology for green hydrogen production. The investment will help the company scale manufacturing, strengthen research and development, and support commercialization of efficient hydrogen systems aimed at accelerating clean energy adoption and industrial decarbonization. In Detail : […]
GreenTech Secures ₹30 Crore Funding to Expand Wind O&M Capabilities – EQ
In Short : Wind operations and maintenance startup GreenTech has raised ₹30 crore in funding to strengthen its service capabilities and support expansion plans. The investment is expected to enhance technology adoption, workforce development, and operational efficiency, enabling the company to deliver reliable, cost-effective maintenance solutions while supporting the growing wind energy capacity across the […]
U.S. Proposes Major Cuts to Renewable Energy Funding in Shift Toward Traditional Power Sources – EQ
In Short : Industrial facilities could unlock billions in savings through effective energy management practices. By optimizing energy use, upgrading to efficient technologies, and monitoring consumption in real time, industries can significantly cut operational costs. These measures not only reduce expenses but also lower carbon emissions, supporting sustainability goals and enhancing competitiveness in an increasingly […]
VIABILITY GAP FUNDING FOR BATTERY ENERGY STORAGE SYSTEMS – EQ
In Short : India has approved Viability Gap Funding (VGF) to support the development of 4,000 MWh Battery Energy Storage Systems (BESS) by 2030-31. The initiative aims to enhance grid reliability, enable renewable energy integration, and make storage solutions commercially viable. VGF will reduce project costs, accelerating India’s transition towards a clean, sustainable, and energy-secure […]
KPI Green Energy gains on Rs 272 crore funding for Gujarat power projects – EQ
In Short : KPI Green Energy shares gained after securing **₹272 crore funding** for its power projects in Gujarat. The funds will support the development of solar and hybrid renewable energy projects, boosting the company’s capacity expansion plans. This financial backing strengthens KPI Green Energy’s position in the renewable sector and aligns with Gujarat’s push […]
EV mobility start-up BattRE gets seed funding from Agility Ventures – EQ Mag Pro
BattRE was founded in 2017 in Jaipur by Nischal Choudhary and Pankaj Sharma to take electric mobility across the country; currently it has a network of 400 plus dealerships in 21 states and 276 towns. Two-wheeler mobility start-up BattRE has raised an undisclosed amount for its seed fund from a group of investors led by […]
Adnoc Secures Funding For Offshore HVDC Connection – EQ Mag Pro
The Japan Bank for International Cooperation (JBIC) has committed to providing $1.201bn project financing for Adnoc’s plans to connect its offshore operations to the onshore grid. In a 28 September announcement, JBIC said “the loan is co-financed with the Export-Import Bank of Korea, Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation, BNP Paribas Fortis, and Standard […]