Solar Market

Yes Bank-EIB invest $400 million in wind and solar projects

Yes Bank-EIB invest $400 million in wind and solar projects

Yes Bank and the European Investment Bank will co-finance USD 400 million funding for renewable power generation in the country. “The new financing programme will streamline financing for a range of renewable energy projects being built and operated by leading Indian corporations and private sector developers,” Yes Bank and EIB said in a joint statement issued here today. Of the …

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Shapoorji Pallonji Group in talks to sell off 400 MWp Indian Solar portfolio

Shapoorji-Pallonji-Group-in-talks-to-sell-off-400-MWp-Indian-Solar-portfolio

The consolidation exercise continues in India’s green energy space with diversified conglomerate Shapoorji Pallonji Group in stake sale talks for its solar power project portfolio. The privately-held SP Group, which had $5 billion in revenue in 2016, is seeking a financial investor given that financing at the lowest cost holds the key to success. This …

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