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Eversource Capital-Backed Radiance Renewables Secures USD 100 Mn Equity Funding

Feb 2026

The fresh funds will be used to develop greenfield solar projects, hybrid wind-solar assets, behind-the-meter installations, battery storage solutions, and interstate transmission projects across indu…

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Ecofy Joins Forces With Luminous To Accelerate Solar Adoption

Jun 2024

Indian NBFC Ecofy has now announced its partnership with Luminous Power Technologies, an energy solutions industry. The collaboration with Luminous aims to focus on the financing landscape for renewab…

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Waaree Energies and Ecofy Launch Affordable Rooftop Solar Solutions with Easy Financing for Indian Homeowners

May 2024

Waaree Energies Limited, recognized as India’s largest solar PV modules manufacturer with an impressive capacity of 12 GW as of June 30, 2023, according to a CRISIL report, has announced a strategic…

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Ecofy and Vidyut join to offer subscription-based battery-as-a-service model for EV sales

Apr 2024

With a hybrid financing model that reduces the cost of acquisition and introduces a pay-per-km battery leasing model, Ecofy and Vidyut aim to make the adoption of EVs stress-free and risk-free, the co…

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Ecofy Fulfilling India’s Solar Dream with Cutting-Edge Financing Solutions

Mar 2024

The company’s impact extends across more than 10 states, strengthened by collaborations with over 300 EPC installers, enhancing its geographical reach. Ecofy is marking a significant milestone after…

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Climate-focussed NBFC Ecofy secures Rs 90 crore in equity funding from Dutch bank FMO

Jan 2024

Climate-focussed NBFC Ecofy secures Rs 90 crore in equity funding from Dutch bank FMO With this infusion, Ecofy plans to grow its loan book, diversify its product base and eventually improve its own c…

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Climate-focussed NBFC Ecofy raises $10.8M to grow its loan book

Jan 2024

Backed by Eversource Capital, Ecofy offers loans to climate change-related businesses and individuals, such as for EVs, rooftop solar panels, and SMEs, among others. Ecofy, an NBFC that focuses on sup…

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Decoding green loans

Nov 2023

Rajashree Nambiar, co-founder, MD & CEO, explains how lenders can make money out of green loans. In this episode of the Current Account podcast, Hamsini Karthik talks to Rajashree Nambiar, co-foun…

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Uber to start EV operation in India next month, inks multiple partnerships to drive green mobility

Jun 2023

The ride-hailing platform has added fleet partners such as Lithium Urban Technologies, Everest Fleet, Moove to deploy 25,000 electric vehicles across Uber’s top 7 cities in India. US-based ride-hail…

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Ecofy partners Piaggio Vehicles to provide financing on electric three-wheeler range

Jun 2023

Ecofy, a green-only NBFC has partnered Piaggio Vehicles (PVPL) a leading manufacturer of small commercial vehicles to provide financial assistance to individuals and corporations on electric three-whe…

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GreenCell Mobility’s all-women intercity ebus recognised by Asia Book of Records

Jun 2023

Indian electric bus brand, NueGo, by GreenCell Mobility, has been honoured by the Asia Book of Records and India Book of Records certifications and citations for launching the first-ever all-woman int…

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How can investors create a carbon-friendly investor profile? 

Jun 2023

Govind Sankaranarayanan, co-founder and COO at Ecofy talks about how retail investors can go green In light of that, what should a retail investor keep in mind while choosing sustainable investments? …

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