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SECI Invites Bids for ₹10 Billion Short-Term Working Capital Credit Facility

The Solar Energy Corporation of India (SECI) has invited quotations for a short-term working capital credit facility of up to ₹10 billion (~$118.23 million) to help it...

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Inox Wind Secures ₹22 Billion Financing from ICICI Bank-led Consortium

Inox Wind Energy has signed an agreement with a consortium of banks led by ICICI Bank for a financing facility of ₹22 billion (~$263.54 million). The consortium...

September 23, 2024

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Staff

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Finance and M&A

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Wind
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Harmony Energy Secures $13 Million Credit Facility

Harmony Energy, a utility-scale energy storage project developer, secured a £10 million (~$12.5 million) credit facility from Triodos Bank U.K. to support the...

April 29, 2024

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Dibin DB

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Storage
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Greenalia Secures $200 Million Three-Year Credit Facilities

Greenalia, a Spanish developer of renewable power projects, secured $200 million of three-year credit facilities to support the development of its 1.9 GW solar and wind...

February 20, 2024

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Sohini Aich

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Solar
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SECI Seeks Short-Term Working Capital Credit Facility of ₹6 Billion

Solar Energy Corporation of India (SECI) has invited quotations for a short-term working capital credit facility of up to ₹6 billion (~$72.3 million) to help it make...

August 18, 2023

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Arjun Joshi

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Other

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Paid

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Renewable Energy
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Solar, Wind, BESS Projects Using Made-in-US Content Eligible for a 10% Bonus

Solar, wind, and battery energy storage systems (BESS) projects in the United States will be eligible for a bonus credit of 10% of the project cost if they meet domestic...

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Government to Develop Framework for Trading in Carbon Credit Certificates

The Union government plans to develop the Indian carbon market with a national framework to decarbonize the country’s economy through the trading of carbon credit...

May 12, 2023

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Gourav Mishra

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Other

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Renewable Energy
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SECI Pays ₹8.2 Billion to Solar and Wind Developers in January 2023

The Solar Energy Corporation of India (SECI) has paid out a total of ₹8.2 billion (~$99.4 million) to solar and wind developers for the power purchased in January 2023....

March 20, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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SECI Pays ₹7.3 Billion to Solar and Wind Developers in December 2022

The Solar Energy Corporation of India (SECI) has released ₹7.3 billion (~$88.6 million) in payments to solar and wind developers for the power purchased in December 2022....

February 15, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Energy Storage Developer Aypa Power Secures $320 Million Credit Facility

Aypa Power, a developer, owner, and operator of energy storage and hybrid generation assets, has secured a corporate credit facility worth $320 million. The facility was...

January 31, 2023

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Sohini Aich

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Storage
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Hecate Energy Secures $550 Million to Support Renewables Expansion

U.S.-based Hecate Energy, a developer of renewable projects and provider of energy storage solutions, closed a five-year $550 million credit facility package, including...

January 25, 2023

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Gourav Mishra

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Finance and M&A

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Renewable Energy
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Origis Energy Secures $375 Million Credit Facility for Solar and Storage Project Pipeline

Origis Energy, a vertically integrated renewable energy platform and a solar project developer, closed a $375 million credit facility for its solar and energy storage...

May 5, 2022

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Utsav Sinha

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Solar

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Storage
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Scout Clean Energy Closes $250 Million Revolving Credit Facility

Scout Clean Energy, a renewable energy developer, owner, and operator, closed a $250 million revolving corporate credit facility. The company intends to use the facility...

March 21, 2022

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Utsav Sinha

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Solar
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SECI Seeks Short-Term Working Capital Credit Facility of ₹5 Billion

Solar Energy Corporation of India (SECI) has issued a request for proposals seeking quotations for a short-term working capital credit facility of up to ₹5 billion (~$65....

March 16, 2022

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Arjun Joshi

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Other

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Tenders and Auctions
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US Extends 26% Solar Investment Tax Credit Until 2022

The United States Congress has passed a bill providing a two-year extension on its solar investment tax credit (ITC) facility, allowing solar power projects across the...

December 28, 2021

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Nithin Thomas

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Markets & Policy

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Solar

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