In Short : ACME Solar has raised ₹1,100 crore through refinancing for its 300 MW solar project, aimed at improving financial efficiency and reducing debt costs. The move strengthens project stability while ensuring smooth operations. This refinancing highlights investor confidence in India’s renewable energy sector and supports the nation’s clean energy transition by boosting large-scale […]
In Short : Adani Green Energy has secured long-term refinancing of $1 billion for its renewable energy projects, marking a significant step in bolstering its financial stability and expansion plans. The funding will support the development of its renewable energy portfolio, including solar and wind projects, reinforcing its commitment to India’s clean energy transition and […]
In Short : Waaree Energies has secured a 150 MWp solar module order for a major renewable energy project. The order reflects strong demand for solar power and contributes to India’s renewable energy expansion. This aligns with the country’s goal of achieving 50% non-fossil fuel power generation by 2030, reinforcing Waaree’s role in advancing India’s […]
In Short : Adani Green Energy plans to raise $2 billion through bonds and loans to fund its renewable energy projects. The funds will support the company’s expansion in solar, wind, and other clean energy sectors. This move aligns with India’s renewable energy goals, positioning Adani Green Energy as a key player in sustainable development […]
New Delhi – Sumitomo Corporation (Head Office: Chiyoda-ku, Tokyo; Representative Director, President and CEO: Ueno Shingo) has established AMPIN C&I Power Private Limited (Head Office: New Delhi, India), in cooperation with AMPIN Energy Transition Private Limited (Head Office: New Delhi, India; CEO: Pinaki Bhattacharyya;) hereinafter, “AMPIN”, a leading renewable energy transition company in India, for […]
Risk of states cancelling contracts, lack of power buyers and now rising input costs. Bidders in India’s upcoming auctions for renewable projects will have to factor in all these concerns, possibly pushing tariffs higher. The Solar Energy Corp. of India plans to auction almost 9.2 gigawatts in capacity over the next two months to hasten […]