The Reserve Bank of India’s (RBI) recent decision to cut interest rates by 50 basis points has brought cheer to the renewable energy sector, with stakeholders describing...

Government-owned lender, Indian Renewable Energy Development Agency (IREDA), has raised ₹20.06 billion (~$234.71 million) through qualified institutional placement (QIP)...

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has reported a 49% year-over-year (YoY) increase in profit after tax for the fourth quarter...

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has announced a 27% rise in loan approvals for the financial year (FY) 2025, as per...

NTPC Renewable Energy (NTPC REL), ReNew Solar Power, Fastnote Biofuels (Hindustan Power), and Adani Renewable Energy Holding Twelve declared winners in Uttar Pradesh...

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has signed a loan facility with the State Bank of India Tokyo to raise JPY26 billion (~$172...

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has raised ₹9.1 billion (~$106.16 million) by issuing privately placed subordinated Tier II...

In the fourth quarter (Q4) of calendar year 2024, the average cost of large-scale solar power projects in India fell over 8% year-over-year (YoY), according to Mercom’s...

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has issued its first-ever perpetual bonds worth ₹12.47 billion (~$144.5 million) at an annual...

Global corporate funding in the solar sector in 2024 reached $26.3 billion, a 24% year-over-year decline from $34.4 billion, according to Mercom’s Annual and Q4 2024...

The Indian Renewable Energy Development Agency (IREDA), a public sector company under the Ministry of New and Renewable Energy (MNRE), has announced plans to raise ₹50...

Maharashtra and Rajasthan are frontrunners in adopting the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program Component C, demonstrating...

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has reported a profit after tax of ₹4.25 billion (~$49.52 million) during the third quarter...

GMR Smart Electricity Distribution (GSEDPL), a subsidiary of GMR Power and Urban Infra (GPUIL), has secured approval for a loan of ₹21.28 billion (~$247.66 million) from...

Government-owned lender Indian Renewable Energy Development Agency (IREDA) loan approvals surged to ₹310.87 billion (~$3.6 billion) in the third quarter (Q3) of the...