ifc

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CrossBoundary Access Secures $10 Million Equity Investment from IFC Bank

CrossBoundary Access, a company that finances and operates distributed renewable energy projects across Africa, has secured a $10 million equity investment. The funding...

June 29, 2026

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Dibin DB

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Finance and M&A

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Solar
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GFCL EV Raises $80 Million to Scale Battery Materials Manufacturing

Gujarat Fluorochemicals (GFL) has announced that its subsidiary GFCL EV Products has raised approximately $80 million from an unnamed global investor, in addition to the...

March 30, 2026

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Meghana Prasad

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Energy Storage

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Finance and M&A
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JBM ECOLIFE Secures $100 Million Investment from IFC to Deploy 1,455 e-Buses

JBM ECOLIFE Mobility, a subsidiary of electric bus manufacturer JBM Auto, has secured a $100 million long-term capital investment from International Financial...

September 12, 2025

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Arjun Joshi

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Electric Vehicles

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Finance and M&A
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Daily News Wrap-Up: West Bengal Tenders 10 MW Rooftop Solar Projects

The West Bengal Renewable Energy Development Agency issued a request for proposal to set up rooftop solar projects with a cumulative capacity of 10 MW across multiple...

July 22, 2025

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Staff

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Daily Wrap-up
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IFC to Invest $20 Million in EV Platform Transvolt Mobility

The International Finance Corporation (IFC) has announced a $20 million equity investment in Mumbai-based electric vehicle (EV) platform Transvolt Mobility (Transvolt),...

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IFC, IndiGrid to Develop 180 MW/360 MWh Standalone BESS Project in Gujarat

The International Finance Corporation (IFC) and Mumbai-based power transmission and renewable energy company IndiGrid have announced a partnership to develop a 180...

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EV Charging Software Platform Kazam Raises $6.2 Million in Series B Funding

Electric vehicle (EV) charging software platform Kazam has raised $6.2 million in a Series B funding round from the International Finance Corporation (IFC) and existing...

June 23, 2025

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Tina Freese

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Electric Vehicles

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Market & Policy
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MENA Weekly Roundup: Iraq Partners with Total, QatarEnergy for 1.25 GW Solar Project

The Iraqi Ministry of Oil signed an agreement with TotalEnergies and QatarEnergy to develop a 1.25 GW solar project as part of the Gas Growth Integrated Project in the...

April 21, 2025

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Tina Freese

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Renewable Energy

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Solar
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Project Finance Brief: Sabanci Renewables Secures Financing for Oriana Solar Project

Sabanci Renewables, a North American subsidiary of Turkish conglomerate Sabanci Holdings, announced the closing of $137 million in tax equity financing for its 232 MW...

October 9, 2024

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Staff

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Solar

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Storage
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Project Finance Brief: Sabanci Renewables Secures Financing for Oriana Solar Project

From: Mercom Capital Group Sabanci Renewables, a North American subsidiary of Turkish conglomerate Sabanci Holdings, announced the closing of $137 million in tax equity...

October 9, 2024

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Staff

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Finance and M&A

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Solar
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IFC and Axis Bank to Provide $500 Million Loan for Green Projects

The International Finance Corporation (IFC) is partnering with Axis Bank to provide a $500 million loan to help develop a blue finance market and scale up financing of...

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IFC Invests $105 Million in Brookfield’s 500 MW Solar Project in Rajasthan

The International Finance Corporation (IFC) will partially finance a 550 MW solar power project being developed by Brookfield Asset Management in Bikaner, Rajasthan,...

June 18, 2024

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Namratha A Rai

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C&I

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Solar
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Grasim Secures ₹12.5 Billion Investment from IFC for Decarbonization Initiatives

Grasim Industries, an Aditya Birla Group company, has announced an investment of ₹12.5 billion (~$150.3 million) from the International Finance Corporation (IFC), the...

March 21, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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OCP Secures $105 Million Green Loan for 400 MW of Solar Projects

OCP Group, a phosphate-based fertilizer producer, announced that IFC will provide a €100 million (~$105.54 million) green loan for constructing two solar projects...

October 17, 2023

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Staff

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Solar
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Blended Finance Key to India’s Transition to Clean Energy: IFC

Blended finance is set to play a crucial role in bolstering India’s transition to clean energy by its capacity to attract greater private investment into impactful...

September 26, 2023

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Rakesh Ranjan

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Finance and M&A

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Other

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