In Short : The Asian Development Bank (ADB) has approved a GEL 270 million (~US $100 million) loan to TBC Bank to boost access to affordable, stable, and long-term financing for micro, small, and medium-sized enterprises (MSMEs) in Georgia. About 70% of funds will go to MSMEs, with specific quotas for women-led businesses (20%) and […]
NITI Aayog Proposes National Agency to Drive Green Transition Among MSMEs – EQ
In Short : NITI Aayog has suggested the creation of a national-level agency to support and implement the green transition of micro, small, and medium enterprises. The proposed body would help MSMEs adopt cleaner technologies, improve energy efficiency, access green finance, and align with sustainability goals, strengthening their competitiveness while contributing to India’s broader climate […]
Secretary, MNRE Calls for Stronger IREDA-Led Financing for MSMEs and other flagship initiatives such as PM Surya Ghar – EQ
In Short ; The Secretary of the Ministry of New and Renewable Energy called for enhanced IREDA-led financing to strengthen support for MSMEs and flagship programmes such as PM Surya Ghar. Emphasising IREDA’s strategic role, he highlighted the need for deeper financial outreach, institutional capacity building, and human capital development to accelerate India’s clean energy […]
Aerem Solutions and OMC Power partner to enable ₹200 Crore financing for Solar Rooftop Adoption by MSMEs – EQ
~The partnership creates the opportunity for MSMEs in Uttar Pradesh to access Solar finance through device financing~ Mumbai – Aerem Solutions and OMC Power have entered into a strategic partnership to unlock ₹200 crore in financing for rooftop solar solutions targeted at India’s Micro, Small, and Medium Enterprises (MSMEs) in Uttar Pradesh. The collaboration is […]
ADB, Ipak Yuli Bank Sign Deal to Enhance Sustainable and Inclusive Access to Finance in Uzbekistan – EQ
In Short : The Asian Development Bank (ADB) has partnered with Uzbekistan’s Ipak Yuli Bank to improve sustainable and inclusive finance. The deal aims to boost access to financial services for underserved groups, including SMEs and women entrepreneurs, while promoting green investments. ADB will provide technical support to strengthen the bank’s capacity and promote environmentally […]
Handholding and financial cushioning is crucial to make India’s MSMEs a low-carbon emitting sector: TERI study – EQ Mag Pro
New Delhi : Transforming India’s Micro, Small and Medium Enterprises (MSMEs) into a low-carbon emitting sector will require financing institutions to steer the interest of stakeholders towards transition by incentivizing it and providing adequate finances for the processes, says a new national study from The Energy and Resources Institute (TERI) launched in New Delhi on […]
Will consider appeal to reduce fixed charges in proposed power tariff hike: TN Electricity Minister – EQ Mag Pro
Coimbatore : The appeal from MSMEs across Tamil Nadu to reduce the demand and fixed charges in the proposed power tariff hike will be taken up for consideration, state Electricity Minister V Senthil Balaji said on Tuesday. Talking to reporters after reviewing security arrangements for Chief Minister M K Stalin’s visit on Wednesday here, Senthil […]
Effects of Changing Wafer Sizes on Solar Module Manufacturers Mr. Ankit Singhania, Director & Co-founder, Navitas Solar – EQ Mag Pro
Solar Industry has witnessed significant changes in module manufacturing in the past few years with the introduction of new technologies like half cut, triple cut, PERC, bifacial, HJT etc. All the manufacturers have come a long way in the wafer size shift from M2 to G12. Since 2018, M2 (156.75 mm dimension) size wafers were […]
‘Why MSMEs are hesitant in embracing non-conventional energy sources like rooftop solar’ – EQ Mag Pro
Sustainability for MSMEs: The rooftop solar sector has remained largely untapped. Against the government’s target of installing 40 GW of RTS power projects by 2022, India has achieved an operational RTS capacity of only 7.7 GW as of June 2021. This is nowhere close to the envisaged target. Sustainability for MSMEs: India is making giant […]
IEEFA India: Scaling up rooftop solar finance – EQ Mag Pro
To realise rooftop solar’s potential, funding for commercial and industrial sector installations needs to be as innovative as the technology India has set a target of 40 gigawatts (GW) of rooftop solar by 2022. As of 30 June, 2021 India had 7.7GW of installed rooftop solar capacity. The commercial and industrial (C&I) sector accounts for […]