IREDA formalizes a strategic MoU with Indian Overseas Bank for co-lending and loan syndication in Renewable Energy projects, signed on January 16, 2024, at IREDA’s New Delhi Business Centre; the collaboration includes streamlined processes, TRA management, and aims to achieve the national target of 500 GW Non-Fossil-based electricity generation capacity by 2030, building on IREDA’s successful partnerships with institutions like Bank of Baroda and Bank of India in co-lending for Renewable Energy projects.
IREDA forms collaborative financing alliance with Indian Overseas Bank for nationwide green energy projects
IREDA and Indian Overseas Bank join forces in an innovative Green Energy Financing partnership. Image Credit: IREDA
Aiming to support Malaysia’s 31% renewable goal by 2025, Masdar’s study could pave the way for large-scale floating solar in Southeast Asia. (Image Source: Masdar)
Avangrid’s Camino Solar project will generate power for approximately 14,000 US homes and is expected to create $15 million in local tax revenue. (Image Source: Avangrid)
Poland’s solar sector is set to benefit from Suntech’s advanced TOPCon modules under a new 200 MW distribution partnership. (Image Source: Suntech/ Linkedin)
Telecrown’s order from RRP Semiconductor includes silicon solar cells and polycrystalline materials for Maharashtra’s growing renewable energy sector. (Image Credit/Source: fietzfotos/Pixabay)