Daily News Wrap-Up: NTPC Commissions an 80 MW Solar Project in Rajasthan
Here are some noteworthy cleantech announcements of the day from around the world: NTPC Limited announced that it had commissioned the first part capacity of 80 MW of the 160 ...
Asian Development Bank Increases its Climate Financing Target to $100 Billion by 2030
The Asian Development Bank (ADB) announced that it had raised its climate financing targets for developing member countries to $100 billion from $80 billion for 2019- 2030. The expanded climate ...
Daily News Wrap-Up: European Union Issues its First-Ever NextGenerationEU Green Bond
Here are some noteworthy cleantech announcements of the day from around the world: The European Union has issued its first-ever NextGenerationEU green bond. The 15-year bond due on February 4, ...
Daily News Wrap-Up: Germany to Contribute €100 Million for Sustainable Energy in Africa
Here are some noteworthy cleantech announcements of the day from around the world: Germany will contribute €100 million (~$115.45 million) to the African Development Bank's Sustainable Energy Fund for Africa ...
Daily News Wrap-Up: ADB and IIFL Home Finance to Promote Green Housing in India
Here are some noteworthy cleantech announcements of the day from around the world: Asian Development Bank (ADB) and IIFL Home Finance Limited (IIFL) inked an agreement for a $1 million ...
Mongolia Floats EPC Tender for a 10 MW Solar Project at Moron
The Ministry of Energy, Government of Mongolia, has invited bids for the engineering, procurement, and construction (EPC) of a 10 MW solar power project at Moron in Mongolia. The last ...
Maldives Issues Tender for 40 MW/40 MWh of Battery Energy Storage Systems
The Ministry of Environment, Climate Change, and Technology, Maldives, has invited bids from engineering, procurement, construction (EPC) contractors to install battery energy storage systems (BESS) of 40 MW/40 MWh capacity ...
Daily News Wrap-up: Tata Power’s 37 Commercial Consumers Opt for Green Power in Mumbai
Here are some noteworthy cleantech announcements of the day from around the world: Tata Power announced that over 37 of its commercial customers with consumption of more than 19 MUs ...
India, AIIB Sign ₹21.9 Billion Loan Deal to Strengthen Power Transmission in Assam
The Government of India and the Asian Infrastructure Investment Bank (AIIB) have signed a loan agreement for $304 million (~₹21.9 billion) to develop the 'Assam Intra-State Transmission System Enhancement' project ...
Daily News Wrap-Up: Blockchain Technology Guarantees Renewable Origin of Green Hydrogen
Here are some noteworthy cleantech announcements of the day from around the world: ACCIONA has developed a platform based on blockchain technology that guarantees the renewable origin of green hydrogen. With ...
Asian Development Bank Approves $231 Million Loan for a Hydropower Project in Assam
The Asian Development Bank (ADB) has approved a $231 million loan to develop the Lower Kopili Hydroelectric Power (LKHEP) facility in Assam. The Lower Kopili Hydroelectric Power facility will utilize ...
Sri Lanka Plans a 100 MW Solar Project Through Private Sector Investment
Sri Lankan cabinet of ministers approved a proposal tabled by the Ministry of Energy (MoE) to develop the 100 MW Siyabalanduwa solar power project through private sector investment. According to ...
ADB Approves ₹13.9 Billion Loan to Upgrade Bengaluru’s Power Distribution System
In a significant development, the Asian Development Bank (ADB) has approved a loan of $190 million (~₹13.9 billion) to upgrade the existing power distribution system in the city of Bengaluru ...
ADB Approves $430 Million to Upgrade Uttar Pradesh’s Power Distribution Network
The Asian Development Bank (ADB) announced that it approved a $430 million multi-tranche financing facility (MFF) to improve the reliability and quality of power supply in Uttar Pradesh. The funding ...
ADB Offers Over $10 Million to the Maldives to Swap Diesel-Based Grids with Renewables
The Asian Development Bank (ADB) announced that it approved a concessional loan worth $7.74 million and a project grant worth $2.73 million to advance the existing 'Preparing Outer Islands for ...
ADB Extends Nearly $133 Million to Modernize Meghalaya’s Power Distribution System
The Asian Development Bank (ADB) announced that it has approved a $132.8 million loan to modernize the power distribution network in Meghalaya. The loan will be utilized to support a ...
Mongolia Floats EPC Tender for a 10 MW Solar Power Project in Altai
Mongolia’s Ministry of Energy has invited bids for a 10 MW solar power project in the country's Altai region. This is an engineering, procurement, and construction (EPC) tender. Mongolia's government ...
Daily News Wrap-Up: Dollar Industries Commissions a 4 MW Solar Project in Tamil Nadu
Here are some noteworthy cleantech announcement of the day from around the world: Dollar Industries Limited has commissioned a 4 MW solar project at its manufacturing facility in Tirupur, Tamil ...
ADB to Provide ₹4.66 Billion Loan to ENGIE for a 200 MW Solar Project in Gujarat
The Asian Development Bank (ADB) and ENGIE have signed a long-term loan agreement worth ₹4.66 billion (~ $65.6 million) to develop and operate a 200 MW (AC) solar project in ...
EESL Invites Bids for 2.35 Million Smart Meters to be Installed Across India
The Energy Efficiency Services Limited (EESL) has invited bids for the supply of 2.35 million smart electricity meters based on 4G/3G/2G mode to be installed across India. The last date ...
Climate Financing By Seven Multilateral Development Banks Totals $61 Billion in 2019
In 2019, seven of the world’s largest multilateral development banks (MDBs) provided $61.6 billion (~₹4.6 trillion) in climate financing, out of which $41.5 billion (~₹3.09 trillion) was offered to low-income ...
EESL Announces Tender for 250 Electric Cars to be Deployed Pan-India
The Energy Efficiency Services Limited (EESL) has invited bids for the procurement of 250 electric cars. These electric cars will come with three years of warranty and a comprehensive annual ...
ADB to Invest $17.7 Million in a 35 MW Solar Power Project in Bangladesh
The Asian Development Bank (ADB) has signed a deal with Spectra Solar Park Limited (SSPL) to invest $17.7 million (~₹1.33 billion) in a 35 MW utility-scale solar project in Bangladesh ...
ADB Approves $300 Million for Facilitating 110 MW of Geothermal Power in Indonesia
The Asian Development Bank (ADB) has approved a loan of $300 million (~₹22.4 billion) to help PT Geo Dipa Energy (GDE), an Indonesian state-owned company, to expand its geothermal base ...
ADB Grants ₹346 Million Loan towards Rural Electrification in Maharashtra
The Asian Development Bank (ADB) announced that it had approved a $346 million (~₹26.92 billion) loan to India to help provide efficient and reliable power to rural agriculture customers in ...
