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Srei Equipment gets $30 mn from Dutch bank for refinancing green projects

By : Sustainability ..., Jun 21, 2019

Srei Equipment Finance, a wholly-owned subsidiary of Srei Infrastructure Finance, has received $30 million loan refinancing facility from FMO, a Netherlands-based development finance bank. The...

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Rooftop solar firm Sunshot to raise $100 mn-$125 mn over next 3 yrs

By : Sustainability ..., Jun 20, 2019

Pune-based solar rooftop company, Sunshot Technologies, is planning to raise $100 million to $125 million (~Rs 872 crore) over the next three years, said Rahul Dasari, director and chief...

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Bharat Forge to cut down on capex but increase investment in EV companies

By : Sustainability ..., Jun 19, 2019

Bharat Forge, the country’s largest forging company, will reduce capital expenditure (capex) in India this year, and will instead focus on sweating its assets and make select investments in...

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US-based First Solar in talks to sell 45MW of solar assets in India

By : Sustainability ..., Jun 17, 2019

American solar panel maker First Solar is exploring a potential sale of around 45 megawatts (MW) of its solar power assets in India, two people aware of the development said. First Solar is a...

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Ujjivan to finance Kinetic’s electric vehicle

By : Sustainability ..., Jun 13, 2019

UJJIVAN Small Finance Bank has signed an MoU with Kinetic Green Energy & Power Solutions Ltd, the leader in the electric three-wheeler segment, to provide vehicle financing solutions. The...

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Mahindra Susten and Mitsui to co-invest in distributed solar power projects in India

By : Sustainability ..., Jun 4, 2019

Mahindra Susten, a leading player in the Indian solar energy sector, has entered into a partnership with Mitsui & Co., of Japan to jointly develop and operate distributed solar power...

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Eversource capital invest $1 billion in india renewables – pimagazine asia bp gas prices nj

By : Sustainability ..., May 29, 2019

EverSource Capital, the joint venture between private equity firm Everstone Capital and global solar project developer Lightsource BP, is looking to invest over $1 billion in renewable energy...

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Social enterprise raises $12M, to help 2 lakh farmers in India and globally

By : Sustainability ..., May 28, 2019

Social enterprise on Monday said it had raised $12 million from investors, to help two lakh farmers globally, including India, over the next three years. "Shell Foundation, DILA...

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India investing more money in solar power than coal for first time

By : Sustainability ..., May 21, 2019

A whopping 74 per cent of India’s electricity generation comes from coal-fired power plants, and coal use in the country continues to increase, but we may be seeing the beginning of the end of...

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India Fund Fest achieves Rs 25 cr investments; Solar power, EVs top attractions

By : Sustainability ..., May 15, 2019

The scene at Ritz Carlton on Friday was one of excitement with finalist founders of 28 startups, selected through a rigorous filtering process out of 14,000 applications received, seeking spot...

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