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SUN Energy secures USD 10 million facility from SMBC Indonesia

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SUN Energy has partnered with PT Bank SMBC Indonesia to obtain a USD 10 million Multi Option Trade Facility.  The financing will support raw material procurement and expand solar energy projects in Indonesia’s commercial and industrial sectors. SMBC Indonesia, which disbursed nearly USD 1.1 billion in sustainable loans by September 2024, will provide financial tools such as letters of credit, bank guarantees, and working capital loans to ensure SUN Energy’s project continuity. This collaboration aims…

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Solar Landscape raises $847 million for rooftop solar projects

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Solar Landscape, a US-based commercial and community solar developer, has raised $847 million in project investment and financing in 2024.  This funding will support the deployment of over 200 rooftop solar installations across the country.  Additionally, the company has secured contracts for developing solar projects on 40 million square feet of commercial and industrial rooftop space. The financing was raised through partnerships with 10 investors and counterparties, including KeyState Renewables, Silicon Valley Bank, Prologis, and…

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AMPIN Energy Transition achieves financing for RE project in Rajasthan

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AMPIN Energy Transition has achieved financial closure for its 200 MW solar-wind hybrid project in Rajasthan, securing green financing of Rs 7.42 billion from Standard Chartered. The total investment in the project is valued at Rs 9.44 billion. Upon completion, the plant is expected to generate approximately 435 million units of renewable energy annually, supplying power to around 74,486 households. Standard Chartered, committed to expanding its sustainable finance efforts, aims to mobilize USD 300 billion…