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European investor ThomasLloyd, SolarArise launch 75 MWp solar project in Uttar Pradesh

By : Sustainability ..., Apr 8, 2020

Indian developer SolarArise—funded by UK based global investor ThomasLloyd—has launched construction of a 75 MWp solar power plant in Uttar Pradesh, the most populous state in India with some 230 million inhabitants. The investment for this project amounts to 34.9 million...

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Covid-19: Renewable energy sector may miss the capacity target for FY20

By : Sustainability ..., Mar 20, 2020

The renewable energy sector in India is expected to miss its capacity addition target for the fourth year in a row. The sector, already battling headwinds, has to now contend with the spread of the coronavirus (Covid-19), which has caused disruption in the supply chain for...

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Bounce raises funds from InnoVen for EV integration, expansion

By : Sustainability ..., Mar 4, 2020

App-based two-wheeler rental startup Bounce has raised $6.5 million from venture debt investor InnoVen Capital, taking its total debt funding from the investor to around $12 million. This is InnoVen’s third investment in Bounce in 18 months. The fresh funding will be used for...

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ReNew Power, Exim Bank tap dollar funds

By : Sustainability ..., Mar 6, 2019

Easy global liquidity, benign interest rates and...

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D.light company raises $7.5 million in debt financing

By : sustainabilityo..., Nov 3, 2016

US-based d.light, which sells solar-powered lamps in villages with unreliable or no electricity connections, has raised an additional funding of $7.5 million. The funding comes in the form of...

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