In Short : The proposed merger between Power Finance Corporation and REC Limited is expected to significantly improve access to funding for renewable energy companies in India. According to CreditSights, the consolidation could strengthen balance sheets, reduce borrowing costs, and enhance lending capacity. The merged entity may play a larger role in financing clean energy […]
In Short : Despite significant progress in expanding energy access globally, disparities persist, especially in sub-Saharan Africa and conflict-affected regions. While over 90% of the global population now has access to electricity, millions remain underserved. Continued international financial support is crucial to accelerate clean energy deployment, ensure equitable access, and meet global sustainable development goals, […]