The Ministry of Power’s relaxations, allowing group captive projects to meet the 51% consumption requirement collectively rather than based on the individual proportionality requirement, have raised hopes of increased open access adoption by...

From: Mercom Capital Group Prime Infra, an infrastructure developer and operator, closed two financing agreements totaling Php273.47 billion (~$4.6 billion). According to the company, the funding will finance the ongoing construction of the 1,400 MW...

Mumbai-based solar components manufacturer RenewSys has commissioned a 3 GW solar module manufacturing facility at IndoSpace Industrial Park in Khopoli, Maharashtra. The facility has been designed to support high-volume module production, featuring...

Anzen India Energy Yield Plus Trust, an infrastructure investment trust (InvIT) of Edelweiss Real Assets Managers, has completed its unit fundraising of ₹6.96 billion (~$75.35 million). Anzen has used the funds raised, along with external debt, to...

Gurugram-headquartered electric vehicle (EV) charger manufacturer, Exicom Tele-systems (Exicom), has commissioned an integrated manufacturing facility in Hyderabad to expand its EV charging and critical power solutions. The facility was built with...

Ecofy, a non-banking financial company backed by Eversource Capital, has raised ₹3.8 billion (~$41.1 million) in fresh equity capital to expand its retail-focused green finance operations in India. The funding round saw participation from British...

Power Grid Corporation of India (POWERGRID) has invited bids to select a consortium partner to set up an interstate transmission (ISTS) project to evacuate 5 GW of power from green hydrogen/green ammonia projects proposed in Andhra Pradesh’s...

A consortium of three investors led by LeapFrog Investments, Emerging Market Climate Action Fund, and Carlyle AlpInvest has picked up a combined stake of approximately 11.3% in ReNew Green Energy Solutions, the commercial and industrial (C&I)...

Surat-based renewable energy solutions company KPI Green Energy has secured ₹9.79 billion (~$105.99 million),  comprising a ₹9.31 billion (~$100.81 million) term loan and a ₹480 million (~$5.19 million) bank guarantee facility, from Canara Bank to...