Solar Energy Finance News

Karnataka Bags Proposals Worth Rs 72K Cr, With EVs and Solar in Focus

It has been reported that Rs 72,000 crore investment proposals were received at the Invest Karnataka meet for the states’ northern region. It has been reported that Rs 72,000 crore investment proposals were received at the Invest Karnataka meet, held on February 14, 2020, for the states’ northern region. “About 50 foreign and domestic firms […]

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Policy Certainty Will Increase Renewable Investment in India: IEEFA

Policy certainty will increase domestic and international investment in India, a new report issued by the IEEFA has found. Policy certainty around renewable energy will increase domestic and international investment in India, a new report issued by the Institute for Energy Economics and Financial Analysis (IEEFA) has found. The new report ‘India’s Renewable Energy Policy […]

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Adani Transmission Q3 Net Profit Zooms 32% to Rs 204 Cr

Adani Transmission Ltd (ATL), an arm of the Adani Group, has reported a jump of 32 per cent in its consolidated net profit after taxes (PAT) at Rs 204 crore for the third quarter ended December 31, 2019, strongly driven by superlative operational performance. “The consolidated net profit of the company stood at Rs 154 crore […]

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Canadian Solar Gets $55 Mn Financing for its Lavras Solar Project in Brazil

Canadian Solar has secured 225.2 million Brazilian reais (USD 55 million) project financing from BNB for its Lavras solar power projects in Brazil Canadian Solar has announced that it has secured 225.2 million Brazilian reais (USD 55 million) non-recourse project financing from Banco do Nordeste do Brasil (BNB) for its Lavras solar power projects in […]

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Inox Wind Reports Rs 27.47 Crore Losses in December 2019 Quarter

Inox Wind recently issued its financial results for the quarter ended December 2019, with the firm reporting a consolidated net loss of Rs 27.47 crore. Wind energy solutions provider Inox Wind recently issued its financial results for the quarter ended December 2019, in which the firm has reported a consolidated net loss of Rs 27.47 crore. […]

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EIB Backs EUR 1 Bn Clean Energy Investment in Europe and Central Asia

EIB has approved a new investment across Europe and around the world to improve clean energy, sustainable transport, etc. The European Investment Bank (EIB) has announced that its board has approved a new investment across Europe and around the world to improve clean energy, sustainable transport, high-speed communications, and social housing, as well as health […]

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EBRD Grants $37 Mn Loan for Expansion of Wind Project in Turkey

EBRD has approved a loan worth USD 37 million for financing the expansion of the Kiyikoy wind project in the northwest of Turkey. The European Bank for Reconstruction and Development (EBRD) has approved a loan worth USD 37 million giving a boost to renewable energy production in Turkey by financing the expansion of the Kiyikoy […]

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Vestas Sees Revenue of €12.1 Bn in 2019, Projects Over €14 Bn for 2020

Vestas has issued its financial results for the year 2019 reporting that for the full year revenue amounted to EUR 12.1 billion Vestas has issued its financial results for the year 2019. For the full year 2019, revenue amounted to EUR 12.1 billion, with the EBIT margin before special items were 8.3 percent, and total […]

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Generate Raises $1 Bn to Scale Renewable, Sustainable Infra Platform

Generate  (formerly Generate Capital) has announced that it has secured more than $1 billion in funding to continue to scale its renewable and sustainable infrastructure fleet Generate has announced that it had secured more than USD 1 billion in funding to continue to scale its renewable, sustainable infrastructure fleet. New investors include some of the […]

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