RMI Releases Report On Mitigating Financial Risks In EV Lending

The RMI released a report that sheds light on the challenges encountered in extending loans for internal combustion engine (ICE) two- and three-wheelers due to the prevalence of new-to-credit (NTC) borrowers. The report emphasizes mitigating risks in lending for the acceleration of electric vehicle (EV) adoption and provides an in-depth analysis of the financial landscape […]

Read more

Greaves Finance, Muthoot Capital Sign Co-Lending Deal To Finance EVs

Greaves Finance Limited an ev-focused lending platform partnered with Muthoot Capital Services Limited (MCSL) a non-banking financial company (NBFCs) to enter a co-lending arrangement. This arrangement has been made to increase the availability of electric two-wheeler financing solutions across India. Greaves Finance Limited is a non-banking financial company (NBFC) and a wholly owned subsidiary of […]

Read more

Enertech & Redington Team up to Provide Solar Hybrid Solutions in India

To meet the growing need for solar hybrid inverters in India, Redington Limited, an IT technology provider based in Chennai, announced its cooperation with Enertech, a manufacturer of solar inverters. To increase sales and after-sales support for solar hybrid inverters, the Enertech and Redington Ltd cooperation will take advantage of Redington’s extensive national distribution network […]

Read more

Why Grow Slow? Breaking The Barriers To Faster EV Adoption

By Abhishek Dabas, COO, Amplus Solar’s Clean Mobility Arm The availability of low-cost financing is one of the biggest barriers to growth, especially for individuals and small business owners. This becomes more visible whenever there are new opportunities for growth that don’t come everyday. It is frustrating for those affected to see access to financing […]

Read more

Redington Launches Solar Rooftop Partner Program

Leading IT distributor Redington has launched the ‘Solar Rooftop Partner Program’ to encourage the adoption of solar power by homes and businesses. The program will be facilitated through the Redington digital platform, which will seamlessly connect the processes and industry stakeholders – home and business owners, solar installers, service management, financial institutions, remote monitoring of […]

Read more

Over Rs. 71,200 crore sanctioned for Renewable Energy Sector by Banks & NBFCs since February, 2015

Banks & Non-Banking Financial Companies (NBFCs) have sanctioned over Rs. 71,201.54 crore to finance various renewable energy projects and disbursed Rs. 29,529.57 crore against the sanctioned amount since February 2015 till 21 March, 2016. During RE-INVEST 2015, 40 major Banks and Non-Banking Financial Companies (NBFCs) committed to provide debt funding to Renewable Energy Projects aggregating […]

Read more