Cleantech Solar Raises $50 Million From Climate Fund Managers
Cleantech Solar, a Singapore-based renewable energy project developer, has received a $50 million equity investment from Climate Fund Managers (CFM), a climate-dedicated investment manager, to support its growth in Asia ...
Adani Green Acquires AGEPteL to Foray into International Renewable Business
Adani Green Energy, a leading renewable energy project developer in the country, incorporated a wholly-owned subsidiary company Adani Wind Energy (GJ) Limited (AWEGL) on August 21, 2018, according to a ...
India’s Solar Sector Received Investments Totaling $1.86 Billion in Q2 2018
The Indian solar sector received investments to the tune of $1.86 billion in the second quarter (Q2) of calendar year (CY) 2018 according to Mercom India Quarterly Market Updates. Investments ...
Capital Dynamics Closes $1.2 Billion Clean Energy and Infrastructure Deal
Capital Dynamics, an independent global asset manager, has announced capital commitments of $1.2 billion for the closing of its Clean Energy and Infrastructure VII JV LLC fund ("CEI VII"). This ...
Solar Start-Up Cygni Energy Raises $6.4 Million in Debt and Equity Funding
Cygni Energy Private Limited, a solar DC and microgrid solutions provider, has raised $6.4 million in funding through a combination of equity and debt funds. The funds will be utilised in ...
African Infrastructure Fund Acquires Stakes in South African Solar and Wind Projects
The African Infrastructure Investment Managers (AIIM), one of Africa’s infrastructure-focused private equity fund managers and a member of the Old Mutual Alternative Investments (OMAI), has acquired stakes in nine new ...
Green Investment Group Acquires Conergy’s Solar Portfolio in Asia and Middle East
Macquarie Capital’s global green investment platform, Green Investment Group (GIG), has acquired a solar development portfolio from Conergy Asia and Middle East. The portfolio includes solar development assets in the ...
B.Grimm Power Buys 80 Percent Stake in 257 MW of Solar Projects in Vietnam
Thailand’s B.Grimm Power has acquired an 80 percent stake in Vietnamese firm Phu Yen TTP Joint Stock Company. Phu Yen TTP Joint Stock Company is involved in developing solar photovoltaic ...
Trina Solar Signs $30 Million Credit Agreement with VietinBank
The Vietnamese arm of Trina Solar, a Chinese module and cell manufacturer, has signed a $30 million credit agreement with VietinBank in the province of Bac Giang, Vietnam. This is the first ...
Cypress Creek Renewables Secures $200 Million Equity Investment
Cypress Creek Renewables, a developer and owner of solar generating assets has secured $200 million in equity investment. A group led by Temasek, a global investment company headquartered in Singapore, ...
Hanwha Q CELLS Announces Plans to Go Private
Hanwha Q CELLS, a global photovoltaic (PV) manufacturer of solar modules, has received a preliminary non-binding proposal letter from Hanwha Solar Holdings (HSH), a subsidiary of Hanwha Chemical Corporation incorporated ...
BlackRock Real Assets Acquires 59 MW of Solar Assets from J&V Energy
Through its latest acquisition, BlackRock Real Assets has entered the Taiwan solar market. BlackRock acquired the entire equity interest in a 59-MW solar portfolio comprising 28 projects in Taiwan from ...
Off-Grid Solar Solutions Provider Zola Electric Secures $20 Million Debt Financing
ZOLA Electric, formerly known as Off Grid Electric, an African renewable energy company, has secured $20 million in debt financing from solar-business lender SunFunder. The funding will be utilized to ...
Tata Power Gets Shareholders’ Approval to Raise ₹55 Billion
India’s leading renewable energy project developer, Tata Power, has received approval from its shareholders to raise up to ₹55 billion (~$801.11 million) through the issuance of non-convertible debentures on a ...
Off-Grid Solar Solutions Provider SolarHome raises $1 Million in Convertible Note Offering
SolarHome, a Singapore based Pay-As-You-Go (PAYG) off-grid solar solutions provider in southeast Asia, raised $1 million in convertible note offering recently. The funding has been provided by impact venture capital ...
New Development Bank Approves $300 Million Loan for South African Energy Sector
New Development Bank (NDB), an initiative by BRICS (Brazil, Russia, India, China and South Africa) countries, has approved $300 million loan for sustainable development projects in South Africa. A loan ...
ContourGlobal Secures $114 Million From CPDQ to Acquire Solar Assets
Caisse de dépôt et placement du Québec (CPDQ), a long-term institutional investor, has announced that it will provide CA$150 million (~$114 million) in debt financing to ContourGlobal. ContourGlobal is a ...
Report: Global Solar Funding Rises to $5.3 Billion in First Half of 2018
In the first half (1H) of 2018, the total corporate funding, including venture capital funding, public market, and debt financing rose to $5.3 billion, compared to the $4.6 billion raised ...
Solar Rooftop Startup ZunRoof Raises ₹16.6 Million in Second Round of Angel Funding
ZunRoof, an Indian solar rooftop startup, has raised ₹16.6 million ($0.25 million) in second round of angel funding from I3N (intellecap impact investment network) led by Pradeep Tharakan, senior energy ...
IFC to Issue Green Bonds Worth $90 Million in Philippines
International Financial Corporation (IFC), a member of the World Bank group, has issued its first internationally rated triple-A peso-denominated green bond which is equivalent to $90 million. The bond, called ...
IFC and Canadian Government to Provide $25 Million for a Solar Project in Zambia
The International Financial Corporation (IFC), a member of the World Bank Group, and the government of Canada have joined hands to support Zambia with $25 million in financial aid for ...
AfDB Approves $28 Million Loan for Off-Grid Solar in Africa’s Côte d’Ivoire
The African Development Bank (AfDB) approved a ~$27.78 million proposal to secure a loan from Société Générale de Banque in Côte d'Ivoire (SGBCI), Crédit Agricole Corporate, and Investment Bank (Crédit Agricole ...
World Bank to Provide Financial Aid to Pakistan and Madagascar for Renewable Projects
The World Bank has promised over $500 million for two renewable energy projects in Sindh, Pakistan. The projects will help in the development of an economic corridor along the Khyber ...
Fourth Partner Energy Raises $70 Million from TPG Growth’s Rise Fund
Fourth Partner Energy, a distributed energy management company, raised a $70 million investment from The Rise Fund, a global impact investment fund managed by TPG Growth. Investec acted as the ...
SoftBank to Invest $60-100 Billion in India’s Solar Industry
SoftBank Group, a Japanese telecom giant-turned-tech investor, plans to invest $60 to $100 billion in Indian solar projects, according to Japanese public broadcaster NHK. Prime Minister Narendra Modi-led administration has ...
