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ReNew Power announces public issue of NCD worth Rs.500 cr

India based renewable energy company, ReNew Power on Wednesday announced public issue of Non-Convertible Debentures (NCD’s) with a face value of Rs. 10, 00,000 each combining to Rs. 500 Crore. The company notes that this is the first certification of an already issued Project Bond by the Climate Bond Initiative (an international, investor focused not-for-profit […]

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Frisky plans of France to outfit the Renewable Goal

France is taking strategic leads to spur its renewable energy goals and also sought commitments to be the first country to issue “green bonds” encouraging green energy. Recently, French President Francois Hollande has also asserted that that the country’s oldest nuclear power plant, Fessenheim which sits near the German and Swiss borders would be closed. Also at […]

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Q1 2025: ESS Accounts For 64% Utility-Scale Tendering Activity 

India’s Standalone Energy Storage Systems (ESS) are becoming the backbone of India’s utility-scale ESS auctions, accounting for 64% of the total tenders issued between January and March 2025 alone, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics. The report finds that various Indian […]

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Sarla, Oriana & Pace Digitek Get 350 MWh In Karnataka’s 1 GWh BESS Tender

Karnataka Power Transmission Corp Ltd (Kptcl) awarded its 350 MW battery energy storage (BESS) project to three winners namely, Sarla Project Works, Oriana Power, and Pace Digitek. KPTCL released this tender in March this year, 2025 and declared winners within a month, one of the fastest transitions from announcement to results. The bulk power procurer […]

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Can Honda Do An Activa With Its Activa e:?

Honda Activa is not just a scooter. It stands as a symbol of no-nonsense mobility, deeply embedded in our memories and popular culture, and has even been immortalised in a hit song embraced by Gen Alpha. Launched in 2001, the petrol Activa revolutionised personal mobility in India, becoming a staple for millions, especially women, with […]

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ALMM: Goldi, Grew Navitas & MKU Holdings Add New Capacities

A total of 13 solar module manufacturing units from the country have added new capacities in the latest Approved List of Models and Manufacturers (ALMM). The companies that added the largest capacities included Goldi Solar, Grew Energy, MKU Holdings, Navitas and Ganesh Green. The latest list, released by the Ministry of New and Renewable Energy […]

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IREDA Secures JPY 26 Billion ECB Facility from SBI Tokyo

Indian Renewable Energy Development Agency Limited (IREDA) has signed a Facility Agreement today for raising External Commercial Borrowing (ECB) from SBI, Tokyo Branch for JPY 26 billion, including a Green Shoe Option of JPY 10 billion. This five-year unsecured facility, with bullet payment at maturity, is set to strengthen IREDA’s global market presence. The landed […]

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Actis Backed Blupine Energy Raises ₹1,787 Crore from NaBFID

BluPine Energy, a leading renewable energy services company established in India by global infrastructure investor Actis, has successfully closed a structured financing deal of ₹1,787 crore with the National Bank for Financing Infrastructure and Development (NaBFID). This deal is designed to optimize financial structuring, enhance operational efficiency, and fuel portfolio expansion. The transaction was structured […]

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Folks Motor Commits ₹500cr For EVs, Aims Local Manufacturing

Hybrid electric retrofit solutions company Folks Motor has announced a Rs 500 crore capital expenditure (CAPEX) investment over the next five years under the Production Linked Incentive (PLI) scheme. This investment is directed towards developing dedicated EV warehousing industrial parks, strengthening India’s EV supply chain, and addressing the critical challenge of achieving 50% domestic value […]

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