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ACME Solar Secures ₹1,571 Crore IIFCL Funding for 300 MW Rajasthan Project

ACME Solar Holdings has secured ₹1,571 crore in long-term project financing from India Infrastructure Finance Company Limited (IIFCL) for the development of its 300 MW assured peak power project in Rajasthan. The financing marks IIFCL’s first sole greenfield financing for ACME Solar, with IIFCL serving as the sole lender. The loan carries a 19-year repayment…

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Joint Solar Highlights Quality and Reliability as India Targets 500 GW Non-Fossil Power Capacity

India’s solar sector is entering a new phase where quality, reliability and long-term performance are becoming as important as rapid capacity additions. Joint Solar highlighted that as India works towards its target of 500 GW of installed non-fossil fuel-based electricity generation capacity by 2030, the growing role of solar will require projects and systems capable…

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August Energy and Energeia Announce USD 100 Million Partnership to Scale Energy-as-a-Service in India

Singapore-headquartered energy-as-a-service (EaaS) infrastructure platform August Energy and Indian energy-efficiency company Energeia have announced a USD 100 million partnership to finance and deliver energy-efficiency infrastructure projects across India.  The partnership will focus particularly on Cooling-as-a-Service (CaaS) for commercial and industrial (C&I) customers, enabling businesses to modernise energy-intensive infrastructure without significant upfront capital expenditure. Under the…

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