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solar project finance

Rajat Kumar Singh Joins Acme Solar As Its New Group CFO

Acme Solar has appointed Rajat Kumar Singh as its Group Chief Financial Officer (CFO). He has also been designated as a Key Managerial Personnel (KMP) and Senior Management Personnel (SMP), the company said in a regulatory filing. Sharing Singh’s brief educational background, Acme Solar said, “Rajat Kumar Singh holds a bachelor’s degree in technology (Chemical […]

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Acme Solar FY25 Results- Profits Up 130.7% As Margins Double

Renewable energy developer and EPC firm Acme Solar has reported its Q4, and full year results for FY25. Key Highlights: 1,200 MW solar projects commissioned during the year; Additional 165 MW solar capacity commissioned in May’25, ▲ 9% from FY24 1,900 MW projects won during the year, resulting in a total portfolio of 6,970 MW […]

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IFC Backs $5mn Investment In Husk Power For Solar Mini-Grid

The International Finance Corporation (IFC), a member of the World Bank Group, has announced a $5 million investment in Husk Power Energy Systems Nigeria Limited to support the rollout of solar hybrid mini-grids in underserved communities across northern Nigeria. The financing, backed by the Government of Canada, is aimed at expanding access to reliable and […]

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Waaree-Backed Solfin Disburses ₹100cr Solar Loans In 9 Months

Solfin, a tech-led renewable energy finance platform backed by Waaree Group, has disbursed more than ₹100 crore in solar loans within nine months of launching operations. The milestone follows a ₹100 crore strategic investment from Waaree Sustainable Finance Pvt. Ltd., the financing arm of Waaree Group. Solfin operates as a non-banking financial company (NBFC) and […]

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India’s Solar Boom Is Unique On the Global Stage: Vinay Rustagi

Let’s start with a light question. How did you enter the solar industry? After completing my MBA, I specialized in finance and worked in various banks, focusing on project finance for large-scale projects in sectors like telecom, oil and gas, and transport. In 2011, after returning to India from the UK, I took on the […]

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Guj Solar Project: BluPine Energy Secures ₹376cr Financial Closure

BluPine Energy Private Limited, a renewable energy platform backed by Actis, today announced the successful financial closure of ₹376 crore in debt funding for its 100 MW solar power project in Tharad, Banaskantha district, Gujarat. The project, being developed under BluPine’s wholly owned subsidiary Solarcraft Power India 5 Pvt. Ltd., is part of the GUVNL […]

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Cleantech Opens 80 MWp Captive Solar Projects At Tamil Nadu Solar Park

Cleantech Solar has commissioned around 80 megawatt-peak (MWp) of open-access solar photovoltaic projects for industrial clients at its 275 MWp solar park in Tamil Nadu, the company said Wednesday. The Singapore-headquartered firm, which provides renewable energy solutions to businesses across India and Southeast Asia, will supply the power generated from these captive projects to corporate […]

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Assistant Manager/Deputy Manager – Accounts & Finance (Solar) (m/f/d)

Proactive assessment of Project Costs and relative variations. Handling end to end bookkeeping -Profit centre and Cost Centre Wise. Knowledge of compliances related to direct and indirect taxes (GST, TDS, etc) Managing all statutory compliances related to Income tax, Companies act/ FEMA etc Handling various reporting as per HQ reporting guidelines Managing Account payable & […]

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We Aim To Make Solar Biz Simple & Effective: Nishant Sood

Tell us about your journey. How do you transition from a finance background to the solar industry? Nishant Sood: I’m a mechanical engineer by background—I graduated from IIT in the early 2000s, followed by an MBA in finance. It was a fairly typical path: IIT, then IIM, and straight into investment banking. I graduated from […]

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