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Avaada Group’s Clean Energy Business Receives USD 15 Million Investments from Proparco

~ USD 15 Million investments received from Proparco ~ ~Company has currently 3.4 GW of renewable portfolio including under implementation projects and is targeting to expand to 5 GW over next two years ~ ~ Earlier this year, Company has so far raised over INR 1450 crores in equity funding from  ADB, DEG,FMO and Promoters~ […]

Webinar: Rajasthan Grid Interactive RE Systems Regulations 2021

PROPARCO Makes $15 M Equity Investment in Avaada Energy

PROPARCO, a French development financial institution, has announced that it has made a $15 million (~₹1.07 billion) equity investment in independent power producer Avaada Energy Private Limited. PROPARCO provides funding and support to both businesses and financial institutions across Africa, Asia, Latin America, and the Middle-East and seeks to partner with projects in key development […]

Webinar: Rajasthan Grid Interactive RE Systems Regulations 2021

Senegal: Proparco, IFC and EIB finance the construction of two new solar power plants as part of the Scaling Solar program

Through the financing of the construction of two solar power plants in Senegal, Proparco, IFC and EIB are reaffirming their commitment to sustainable development on the African continent. These two new large-scale power plants, the 7th and 8th built in Senegal in less than 3 years, illustrate the strong momentum underway in the country towards […]

Spanish Parliament Approves Clean Energy Bill