Independent power producer AMPIN Energy Transition has secured an investment of $50 million (~₹4.28 billion) from Siemens Financial Services, the financing arm of Siemens AG. The investment will strengthen AMPIN’s position in India’s renewable...

From: Mercom Capital Group ACCIONA Energía, a renewable energy company, secured an AUD$453 million (~$287.85 million) syndicated loan facility to construct its 480 MWp Aldoga solar project on the central Queensland coast in Australia. The company...

Bondada Engineering, Oriana Power, and Pace Digitek won Telangana Power Generation Corporation’s auction to set up 250 MW/500 MWh standalone battery energy storage systems in Telangana. Bondada Engineering and Oriana Power won 50 MW/100 MWh each at...

From: Mercom Capital Group TRENDE, a provider of renewable energy solutions in Japan, announced the completion of a JPY1.07 billion (~$7.2 million) funding round through third-party allocation. The investment round was led by four new shareholders:...

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has raised ₹9.1 billion (~$106.16 million) by issuing privately placed subordinated Tier II bonds. This financing is for a 10-year tenure at an annual coupon rate of 7.74%....

The Central Electricity Regulatory Commission (CERC) has approved tariffs ranging from ₹3.43 (~$0.04)/kWh to ₹3.46 (~$0.04)/kWh for NTPC’s 1 GW interstate transmission system (ISTS)-connected wind-solar hybrid power projects. The Commission rejected...

The Central Electricity Regulatory Commission (CERC) has determined an interim tariff of ₹3.62 (~$0.042)/kWh for Damodar Valley Corporation’s (DVC) 8 MW solar project at Panchet, West Bengal. DVC had requested approval for a tariff of ₹3.92 (~$0....

The Reserve Bank of India (RBI) has increased the lending limit for the renewable energy sector in its new guidelines for priority sector lending, set to take effect from April 1, 2025. As per the revised guidelines, the limit of bank loans has been...

Green transition-focused non-banking finance company Ecofy Finance has secured a $12.5 million (~₹1.07 billion) long-term loan from Denmark government’s Investment Fund for Developing Countries (IFU). Ecofy will utilize the funds to expand its loan...