ADB Approves $300 Million for Facilitating 110 MW of Geothermal Power in Indonesia

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 ...
/ / Other, Other Energy
Myanmar Announces Tender to Develop Over 1 GW of Solar Projects

Myanmar Announces Tender to Develop Over 1 GW of Solar Projects

Myanmar’s Ministry of Electricity and Energy (MOEE) has invited bids for the implementation of 1.06 GW of ground-mounted solar power projects from independent power producers (IPP) on a build-operate-own (BOO) ...
Sunseap Group Secures $50 Million for Solar Projects in Singapore

Sunseap Group Secures $50 Million for Solar Projects in Singapore

Sunseap Group, a Singapore-based renewable energy solutions provider, has received a total sum of S$50 million (~$36.7 million) from ABC World Asia and Temasek. The investment will be used for ...
/ / Finance and M&A, Solar
ADB to Roll Out $1 Billion for Clean Energy Investments in the Pacific Region

ADB to Roll Out $1 Billion for Clean Energy Investments in the Pacific Region

The Asian Development Bank (ADB) is planning to roll out nearly $1 billion of energy investments across the region during the 2019-2021 period. As the energy demand in the Asia ...
/ / Other, Renewable Energy
China Adds 11 GW of Solar Added in First Half of 2019

China Adds 11 GW of Solar in First Half of 2019

China’s National Energy Administration (NEA) has announced that the country has reached a cumulative installed solar capacity of around 186 GW. China added 11.4 GW on a year-over-year basis (YoY), ...
/ / Commercial, Solar
AfDB to Provide $20 Million for Mini-Grid Solar Projects in Congo

Bangladesh Invites Companies to Fund and Develop 100 MW of Solar Projects

Bangladesh’s Power Development Board has issued a notice for a tender to select sponsors (companies that will fund and develop the project) for the implementation of two grid-tied solar projects ...
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
India Announces New Energy Conservation Building Code for Residential Buildings

With Only 4% Green Buildings, India Suffers from Tech and Funding Barriers: Survey

India has only four percent of the building that can be classified as ‘green,’ according to a smart cities indicator survey conducted by Ireland-based multinational, Johnson Controls. However, 38 percent ...
/ / Energy Efficiency, Other
Vedanta’s Odisha Branch Invites Expression of Interest for Procuring Solar Power

Malaysia Launches a 500 MW Capacity Solar Tender

The Suruhanjaya Tenaga (Energy Commission of Malaysia) has issued a 500 MW large-scale solar tender in Peninsular Malaysia. Once commissioned, the solar projects will be connected to the grid and ...
/ / Solar, Tenders & Auctions
Google Announces its First Solar Power Deal in Taiwan

Google Announces its First Solar Power Deal in Taiwan

Tech giant Google has signed a long-term agreement to buy solar power from a 10 MW solar array, which is a part of a larger solar farm located in Tainan ...
/ / Markets & Policy, Solar
German Solar Developer ib vogt GmbH Acquires Majority Stake in Singapore’s nv vogt

German Solar Developer ib vogt GmbH Acquires Majority Stake in Singapore’s nv vogt

ib vogt GmbH, a Germany based integrated solar developer, has agreed to acquire the majority of shares of nv vogt Singapore Pte, another solar developer. The aim of this merger ...
/ / Finance and M&A, Solar
Zambia Plans to Develop 100 MW of Solar Projects

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 ...
/ / Finance and M&A, Solar
Green Investment Group Acquires Conergy’s Solar Portfolio in Asia and Middle East

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 ...
/ / Finance and M&A, Solar
Microgrids an Important Piece of the Puzzle for Energy Access in Frontier Markets

Microgrids an Important Piece of the Puzzle for Energy Access in Frontier Markets

Microgrids are becoming important part of the frontier power markets for distributed energy systems. Advances in technology such as energy storage along with rising diesel prices, and favorable government policies ...
/ / Grid, Microgrid
Renewable Energy Industry Created 10.3 Million Jobs Globally in 2017: IRENA

Renewable Energy Industry Created 10.3 Million Jobs Globally in 2017: IRENA

The global renewable energy industry created more than 500,000 new jobs worldwide in 2017. This was a 5.3 percent increase from 2016, according to the latest figures released by the International Renewable ...
Cleantech Solar to Develop 27 MW Rooftop Solar PV Projects in Asia

Cleantech Solar to Develop 27 MW Rooftop Solar PV Projects in Asia

Cleantech Solar, a Singapore-based solar project developer, has announced that it will develop rooftop solar photovoltaic (PV) projects aggregating 27 MW in three Asian countries. The company recently inked Power ...
/ / Markets & Policy, Solar
Husk Power Systems Receives $20 Million Investment to Expand Mini-Grid Projects in Asia and Africa

Husk Power Systems Receives $20 Million to Expand Mini-Grid Projects in Asia and Africa

Husk Power Systems, a renewable utility company working towards rural electrification, has received an equity investment worth $20 million to expand the renewable mini-grid business in Africa and Asia. Husk ...
/ / Off-grid, Solar
Greenlight Planet Raises $60 Million for Off-Grid Solar Financing

Greenlight Planet Raises $60 Million for Off-Grid Solar Financing

Greenlight Planet, a solar home energy company, has raised $60 million (~₹3.86 billion) in funding from a group of investors led by London-based private equity fund manager Apis Partners. Greenlight ...
/ / Finance and M&A, Solar
Cleantech Solar, responsAbility to Provide Loan for Rooftop Solar Projects in Asia

Cleantech Solar, responsAbility to Provide $20 Million Loan for Rooftop Solar Projects in Asia

Cleantech Solar, a Singapore-based solar energy provider, and responsAbility have joined forces to increase the momentum of rooftop solar energy adoption in South-East Asia and India. A responsAbility-managed climate fund ...
/ / Finance and M&A, Solar