asian-development-bank

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Funding and M&A Roundup: Volvo Group Acquires Battery Business for $210 Million

From: Mercom Capital Group The Volvo Group announced the acquisition of the battery business from electric vehicle (EV) company Proterra and Proterra Operating Company....

February 7, 2024

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Staff

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Finance and M&A

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Other
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ADB Approves $250 Million Loan for India’s Power Sector Reform

The Asian Development Bank (ADB) has approved a $250 million (~₹20.8 billion) policy-based loan to strengthen India’s power sector, supporting a speedy transition...

December 4, 2023

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Staff

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Other

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Renewable Energy
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Daily News Wrap-Up: ADB Approves Refinancing for a 240 MW Solar Project in Vietnam

Here are some noteworthy cleantech announcements of the day from around the world: The Asian Development Bank has approved $160.5 million in financing for the 240 MW Dau...

June 25, 2021

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Srinwanti Das

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Other

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Renewable Energy
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ADB to Discontinue Financing Coal Projects

The Asian Development Bank (ADB), under its draft energy policy, has announced that it will discontinue financing any new coal-fired capacity for power and heat...

May 18, 2021

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Srinwanti Das

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Finance and M&A

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Other
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Avaada to Receive $15 Million from Asian Development Bank to Expand its Solar Portfolio

The Asian Development Bank (ADB) announced that it has signed an agreement to invest $15 million in Avaada Energy Private Limited (AEPL) to help expand the company’s...

September 29, 2020

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Harsh Shukla

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Finance and M&A

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Solar
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Daily News Wrap-Up: Tamil Nadu Transmission Corp Picks Enzen for Smart Grid Solutions

Here are some noteworthy cleantech announcement of the day from around the world: Trafigura Group has formed a new company to invest in a series of solar, wind, and...

September 29, 2020

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Harsh Shukla

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Other

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Renewable Energy
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Daily News Wrap-Up: juwi Signs PPA for a 175 MW Solar + 25 MW Battery Storage Project

Here are some noteworthy cleantech announcement of the day from around the world: Duke Energy, a U.S.-based energy holding company, announced that it would convert its...

September 22, 2020

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Harsh Shukla

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Other

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Renewable Energy
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ADB to Lend $100 Million for a 125 MW Battery Energy Storage System in Mongolia

The Asian Development Bank (ADB) has approved a $100 million loan to help expand its supply of renewable energy in Mongolia through a 125 MW advanced battery energy...

April 30, 2020

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Anjana Parikh

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Energy Storage

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Finance and M&A
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EESL Announces Tender for 1.9 Million LED Streetlights

The Energy Efficiency Services Ltd (EESL), a government entity under the administrative control of the Ministry of Power (MoP), has floated a tender for the design,...

April 22, 2020

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Anjana Parikh

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Solar

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Tenders & Auctions
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ADB, GCF, and Australia Together Pledge $44.6 Million for Tonga’s Renewable Expansion

The Asian Development Bank (ADB), the Green Climate Fund (GCF), and the Government of Australia have signed an agreement to develop renewable energy in Tonga. The total...

September 19, 2019

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Anjana Parikh

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Other

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Renewable Energy
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ADB Approves $500 Million Loan For Turkmenistan’s Power Transmission Infrastructure

The Asian Development Bank (ADB) will lend $500 million to Turkmenistan, a central Asian country, to reinforce the country’s power transmission network, improve the...

November 9, 2018

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Saumy Prateek

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Energy Efficiency

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Other
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Bank of America Raises $2.25 Billion in its Largest Issue of Green Bonds

One of the world’s leading financial institutions, Bank of America, has announced a $2.25 billion green bond to support clean energy projects. In a media statement...

May 21, 2018

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Ankita Rajeshwari

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Other

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Renewable Energy
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Punjab National Bank Receives $100 Million Loan from ADB to Finance Solar Rooftop Projects in India

The Asian Development Bank (ADB) has approved a $100 million (~₹6.46 billion) loan to the Punjab National Bank (PNB) that will finance large solar rooftop systems on...

May 30, 2017

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Wendy Prabhu

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Finance and M&A

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Solar
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Month in a Minute: February 2017

Important Headlines and Data Points from the Indian Renewable Sector in February 2017 The 2017-18 budget proved to be a dampener for the Indian renewable energy sector....

March 3, 2017

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Priya Sanjay

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Other

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Renewable Energy
Indian State Transmission Utilities and Power Grid Corporation of India to Receive €1 Billion Soft Loan from Germany

The German government-owned development bank, KfW, is providing €1 billion (~$1.05 billion) soft loan to India to develop inter and intra-state transmission...

November 16, 2016

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Wendy Prabhu

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Grid

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T&D

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