The solar home systems supplier d.light has just raised $10 million from Proparco, the subsidiary of the French Development Agency (AFD) group responsible for private sector financing. d.light will use this investment to develop its activities worldwide, particularly in Africa. Proparco enters the capital of d.light. The subsidiary of the French Development Agency (AFD) group […]
Total Eren Secures the Financing of the Tutly Solar Project in Uzbekistan From EIB, EBRD, and PROPARCO
Total Eren Secures the Financing of the Tutly Solar Project in Uzbekistan From EIB, EBRD, and PROPARCO. For more information please see below link:
Avaada Group’s Clean Energy Business Receives USD 15 Million Investments from Proparco
~ USD 15 Million investments received from Proparco ~ ~Company has currently 3.4 GW of renewable portfolio including under implementation projects and is targeting to expand to 5 GW over next two years ~ ~ Earlier this year, Company has so far raised over INR 1450 crores in equity funding from ADB, DEG,FMO and Promoters~ […]
PROPARCO Makes $15 M Equity Investment in Avaada Energy
PROPARCO, a French development financial institution, has announced that it has made a $15 million (~₹1.07 billion) equity investment in independent power producer Avaada Energy Private Limited. PROPARCO provides funding and support to both businesses and financial institutions across Africa, Asia, Latin America, and the Middle-East and seeks to partner with projects in key development […]
Senegal: Proparco, IFC and EIB finance the construction of two new solar power plants as part of the Scaling Solar program
Through the financing of the construction of two solar power plants in Senegal, Proparco, IFC and EIB are reaffirming their commitment to sustainable development on the African continent. These two new large-scale power plants, the 7th and 8th built in Senegal in less than 3 years, illustrate the strong momentum underway in the country towards […]