Bank of Baroda secures loan awards for 800 MW solar projects in Gujarat
Author: PPD Team Date: 16/01/2025
Author: PPD Team Date: 16/01/2025
Bank of Baroda (BoB) received Letters of Award (LoAs) from NLC India Limited to provide Rupee Term Loans (RTL) for two solar projects in Gujarat:
Author: PPD Team Date: 26/03/2025 BluPine Energy has secured Rs 17.87 billion in structured financing from the National Bank for Financing Infrastructure and Development (NaBFID). The funds will be used to optimize financial structuring and support the company’s renewable energy expansion. The financing is structured around a restricted group of 14 special purpose vehicles (SPVs) located in Punjab, Uttarakhand, and Karnataka. These projects supply power to a mix of central and state off-takers. BluPine plans…
Author: PPD Team Date: 12/11/2024 Boralex Inc. and Saint-Gobain have signed a 20-year renewable power purchase agreement (PPA) in France, covering three power plants that will supply renewable electricity to Saint-Gobain’s industrial sites. The agreement includes two solar parks and one wind farm, set to commence operations between Q1 2026 and Q1 2027. These facilities are expected to generate approximately 110 GWh annually, meeting the electricity needs of over 50,000 residents and fulfilling around 10…
Author: PPD Team Date: 19/02/2025 Dynolt Technologies has raised $1.7 million in a seed funding round led by Transition VC, with additional investment from angel investor Yashowardhan Shah. The funding will be used to expand its high-power charger product line using wide bandgap semiconductors for fast charging stations. Additionally, the company plans to enter the solar and hydrogen sectors with high-frequency inverters and DC-DC converters. Dynolt, founded in 2022 and headquartered in Bengaluru, develops power…
Author: PPD Team Date: 12/05/2025 Husk Power Systems has launched BEEM, a new rooftop solar platform tailored to meet the specific needs of residential users in India. The platform is designed for flat rooftops, common in Indian homes, and includes two product lines, Aura and Eternia. BEEM offers a fully online experience powered by AI-enabled digital tools. Homeowners can size their systems, select products, and book installations remotely. The platform also provides real-time generation data…
Author: PPD Team Date: 23/12/2024 Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund I, has signed a 15-year power purchase agreement (PPA) with Google in the Netherlands. Under this agreement, Google will purchase 250 MW of wind energy from the Zeevonk project to power its Dutch operations. The Zeevonk project, a joint venture between CIP and Vattenfall, combines offshore wind, solar energy, and green hydrogen production. It includes a 2 GW offshore wind farm…
Author: PPD Team Date: 15/10/2024 Sterling and Wilson Renewable Energy Ltd (SWREL) has reported its highest-ever outstanding order book, exceeding Rs 1,050 billion as of October 14, 2024. In Q2 FY25 (July to September), SWREL recorded an order inflow of approximately Rs 205 billion, including an Rs 82.3 billion order received on October 14. All orders were from the domestic market.
Author: PPD Team Date: 26/03/2025 BluPine Energy has secured Rs 17.87 billion in structured financing from the National Bank for Financing Infrastructure and Development (NaBFID). The funds will be used to optimize financial structuring and support the company’s renewable energy expansion. The financing is structured around a restricted group of 14 special purpose vehicles (SPVs) located in Punjab, Uttarakhand, and Karnataka. These projects supply power to a mix of central and state off-takers. BluPine plans…
Author: PPD Team Date: 12/11/2024 Boralex Inc. and Saint-Gobain have signed a 20-year renewable power purchase agreement (PPA) in France, covering three power plants that will supply renewable electricity to Saint-Gobain’s industrial sites. The agreement includes two solar parks and one wind farm, set to commence operations between Q1 2026 and Q1 2027. These facilities are expected to generate approximately 110 GWh annually, meeting the electricity needs of over 50,000 residents and fulfilling around 10…
Author: PPD Team Date: 19/02/2025 Dynolt Technologies has raised $1.7 million in a seed funding round led by Transition VC, with additional investment from angel investor Yashowardhan Shah. The funding will be used to expand its high-power charger product line using wide bandgap semiconductors for fast charging stations. Additionally, the company plans to enter the solar and hydrogen sectors with high-frequency inverters and DC-DC converters. Dynolt, founded in 2022 and headquartered in Bengaluru, develops power…
Author: PPD Team Date: 12/05/2025 Husk Power Systems has launched BEEM, a new rooftop solar platform tailored to meet the specific needs of residential users in India. The platform is designed for flat rooftops, common in Indian homes, and includes two product lines, Aura and Eternia. BEEM offers a fully online experience powered by AI-enabled digital tools. Homeowners can size their systems, select products, and book installations remotely. The platform also provides real-time generation data…
Author: PPD Team Date: 23/12/2024 Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund I, has signed a 15-year power purchase agreement (PPA) with Google in the Netherlands. Under this agreement, Google will purchase 250 MW of wind energy from the Zeevonk project to power its Dutch operations. The Zeevonk project, a joint venture between CIP and Vattenfall, combines offshore wind, solar energy, and green hydrogen production. It includes a 2 GW offshore wind farm…
Author: PPD Team Date: 15/10/2024 Sterling and Wilson Renewable Energy Ltd (SWREL) has reported its highest-ever outstanding order book, exceeding Rs 1,050 billion as of October 14, 2024. In Q2 FY25 (July to September), SWREL recorded an order inflow of approximately Rs 205 billion, including an Rs 82.3 billion order received on October 14. All orders were from the domestic market.
Author: PPD Team Date: 26/03/2025 BluPine Energy has secured Rs 17.87 billion in structured financing from the National Bank for Financing Infrastructure and Development (NaBFID). The funds will be used to optimize financial structuring and support the company’s renewable energy expansion. The financing is structured around a restricted group of 14 special purpose vehicles (SPVs) located in Punjab, Uttarakhand, and Karnataka. These projects supply power to a mix of central and state off-takers. BluPine plans…
Author: PPD Team Date: 12/11/2024 Boralex Inc. and Saint-Gobain have signed a 20-year renewable power purchase agreement (PPA) in France, covering three power plants that will supply renewable electricity to Saint-Gobain’s industrial sites. The agreement includes two solar parks and one wind farm, set to commence operations between Q1 2026 and Q1 2027. These facilities are expected to generate approximately 110 GWh annually, meeting the electricity needs of over 50,000 residents and fulfilling around 10…