Mufin Green Finance to fund Rs 5 billion solar projects by 2026
Author: PPD Team Date: 05/12/2024
Author: PPD Team Date: 05/12/2024
Mufin Green Finance has announced plans to finance Rs 5 billion worth of solar projects by 2026, marking its entry into the solar financing sector.
The company recently closed its first solar financing deal worth Rs 32.5 million, supporting a rooftop solar installation at a manufacturing facility in Baroda, Gujarat, for a USD 3 billion company.
Over the next two years, Mufin Green Finance aims to back 200,000 solar installations, contributing to India’s renewable energy goals and expanding access to clean energy.
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Author: PPD Team Date: 22/10/2024 JSW Neo Energy Limited (JSWNEL), a subsidiary of JSW Energy Limited, has acquired three special purpose vehicles (SPVs)—Hetero Wind Power Limited, Hetero Wind Power (Pennar) Private Limited, and Hetero Med Solutions Limited—from Hetero Labs Limited and Hetero Drugs Limited. These SPVs have a combined wind energy capacity of 125 MW. This acquisition aligns with JSW Neo Energy’s strategy to expand its renewable portfolio and supports its goal of achieving 10…
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