ADB Provides $750 Million Loan to Indian Railways for Transitioning to Electric Power

ADB Provides $750 Million Loan to Indian Railways for Transitioning to Electric Power

The Indian Railway Finance Corporation (IRFC) has signed an agreement with the Asian Development Bank (ADB) for the electrification of railway tracks. This initiative is part of a broad modernization ...
ADB and ASEAN Announce $1 Billion Green Finance Facility

ADB and ASEAN Announce $1 Billion Green Finance Facility

The Asian Development Bank (ADB) along with Southeast Asian governments and major development financiers has launched the “ASEAN (Association of Southeast Asian Nations) Catalytic Green Finance Facility,” a new initiative ...
/ / Finance and M&A, Other
JA Solar Receives $68.4 Million Loan for a 1.5 GW Solar Wafer Factory in Vietnam

JA Solar Receives $68.4 Million Loan for a 1.5 GW Solar Wafer Factory in Vietnam

JA Solar Vietnam, a wholly-owned subsidiary of Chinese solar manufacturer JA Solar, has completed a long-term buyer credit loan agreement of $68.4 million from China Minsheng Bank Corporation Limited. The ...
/ / Markets & Policy, Solar
Saudi Arabia’s Zahid Group Acquires 50 Percent Stake in Greencells Group

ADB to Provide $235 Million Loan for Renewable Projects in ASEAN

The Asian Development Bank (ADB) has agreed to provide a $235 million loan to B. Grimm Power Public Company Limited for the expansion of renewable energy projects in the member ...
/ / Finance and M&A, Solar