Renewables

The renewables practice is published as its own site, because the financing changes with the technology and with who is buying the power, and those pages go further than a sector page should.

Four technologies. Solar in two separate markets — PM KUSUM Components A and C, where the offtaker is a DISCOM buying at a SERC-set tariff, and commercial and industrial solar, where it is a company buying under a negotiated PPA — then wind, green hydrogen and compressed biogas. What a lender underwrites is different in each, and where a market is thin we say so on the page rather than in a meeting.