The State Bank of India (SBI) has proposed that the limit for lending to renewable energy entities under priority sector lending should be increased from ₹350 million...

India’s clean energy transition initiatives are increasingly moving beyond utility-scale projects and into the country’s medium, small and micro enterprises (MSME)...

Renewable energy solutions provider Sunstream Green Energy completed a ₹7 billion (~$72.67 million) refinancing with State Bank of India (SBI) for an over-250-MW solar...

Surat-based renewable energy solutions company KPI Green Energy has secured ₹9.79 billion (~$105.99 million),  comprising a ₹9.31 billion (~$100.81 million) term loan...

The World Bank Group’s Multilateral Investment Guarantee Agency (MIGA) has issued a $197.67 million five-year guarantee to Citibank N.A. for its non-shareholder loan to...

Energy efficiency solutions provider Smart Joules has raised $10 million in Series B funding led by SVL SME Neev II Fund managed by SBI Ventures, Waaree Renewable...

The Government-owned transmission utility, Power Grid Corporation of India’s (POWERGRID) board has approved raising funds of up to ₹60 billion (~$676.05 million) through...

The Advanced Carbons Company (TACC), a part of LNJ Bhilwara Group, has secured a credit facility of ₹12.3 billion (~$139.93 million) from the State Bank of India (SBI)...

Surat-based renewable energy solutions provider KPI Green Energy has secured approval from State Bank of India for a ₹32 billion (~$360.77 million) loan for its solar...

Renewable energy company Hero Future Energies (HFE) has secured ₹10.24 billion (~$115.43 million) in funding from the State Bank of India (SBI) to finance a 60 MW hybrid...

ACME Venus Urja, a wholly owned subsidiary of ACME Solar Holdings, has secured a long-term project debt funding of ₹38.92 billion (~$440.13 million) from the State Bank...

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...

The “Financing the Renewable Energy Sector” session at the Mercom India Renewables Summit 2024 brought together key industry leaders to discuss the current...

Renewable energy company BluPine Energy has secured ₹4.36 billion ($52.85 million) in financing from the State Bank of India for its 120 MW solar project in Panshina and...

The Asian Development Bank (ADB) has approved loans of $240.5 million to finance rooftop solar systems in India. The financing will be provided to the State Bank of...