sidbi

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Biofuels Firm GPS Renewables Raises $50 Million in Debt Financing

Bengaluru-based biofuels firm GPS Renewables has secured $50 million in debt financing from a consortium of banks and non-banking financial companies to accelerate the...

April 17, 2024

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Arshreet Singh

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Biofuel
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Avaana Capital Secures $24.5 Million from GCF to Foster Climate Innovation in India

Avaana Capital, a climate-technology investor, has received an investment of $120 million, including $24.5 million from  the Green Climate Fund (GCF), in the “...

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Daily News Wrap-Up: Solar Corporate Funding Rises 55% YoY in 9M 2023

The total global corporate funding in the solar sector during the nine months (9M) of 2023, including venture capital investments, public market funding, and debt...

October 19, 2023

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Mercom Staff

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Daily Wrap-up

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Other
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SIDBI Launches Fund to Support Scalable Green Technology Solutions

Small Industries Development Bank of India (SIDBI) has launched a “Decarbonization Challenge Fund” (DCF) to support innovative and scalable technologies and...

October 18, 2023

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Staff

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Other

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Renewable Energy
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Smaller Solar Developers Urgently Need Collateral-Free Loans for Expansion

Access to finance is vital for solar developers who fall under Micro, Small, and Medium Enterprises (MSME) to invest in infrastructure, technology, research, and...

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Daily News Wrap-Up: SAEL, Avaada Win MSEDCL’s 500 MW Solar Auction

SAEL Industries and Avaada Energy have won Maharashtra State Electricity Distribution Company’s auction to supply 500 MW of solar power from intrastate grid-connected...

April 14, 2023

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Mercom Staff

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Daily Wrap-up
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SIDBI Launches Lending Program to Make Electric Vehicles More Affordable

Government-owned lender Small Industries Development Bank of India (SIDBI) has launched a pilot program — Mission 50K-EV4ECO — to bring down the cost of...

April 13, 2023

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Sumit Jha

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Uncategorized
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Scheduled Banks’ Loans to Renewable Projects Up 113% in April-Nov Period

The loans to the renewable energy projects disbursed by the scheduled commercial banks stood at ₹41.77 billion (~$507.19 million) as of November 2022.  This is a 113%...

January 16, 2023

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Arjun Joshi

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Finance and M&A

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Other

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Renewable Energy
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SIDBI Offers 100% Financing for Rooftop Solar at a Reasonable Interest Rate

Small Industries Development Bank of India (SIDBI), a bank dedicated to the financial needs of small businesses, offers 100% loans for rooftop solar installations, which...

December 20, 2022

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Sumit Jha

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C&I

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Consumers

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Solar
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Daily News Wrap-Up: IREDA Partners with Bank Of India to Fund Renewable Energy Projects

Here are some noteworthy cleantech announcements of the day from around the world: Indian Renewable Energy Development Agency (IREDA) signed a memorandum of...

August 23, 2022

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Satish Shetty

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Other

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Renewable Energy
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India SME Technology Services Tenders 3.55 MW of Rooftop Solar

India SME Technology Services, a joint venture between the Small Industries Development Bank of India (SIDBI) and four public sector banks including State Bank of India...

May 26, 2017

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Saumy Prateek

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Solar

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Tenders & Auctions
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Oriano Solar Raises Rs.200 Million in Series A Funding

Oriano Solar, a solar focused EPC firm, has raised Series A funding of Rs.200 million ($3 million) from Samridhi Fund, which is managed by SIDBI Venture Capital Ltd. The...

April 4, 2017

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Wendy Prabhu

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Finance and M&A

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Solar

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