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

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 grant for expanding ...
/ / Other, Renewable Energy
ADB Approves $500 Million Loan For Turkmenistan’s Power Transmission Infrastructure

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 reliability of its power supply, and ...
/ / Energy Efficiency, Other
Bank of America Raises $2.25 Billion in its Largest Issue of Green Bonds

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 released by the bank, ...
Punjab National Bank Receives $100 Million Loan from ADB to Finance Solar Rooftop Projects in India

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 industrial and commercial ...
Month in a Minute

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. Manufacturing sector did ...
/ / Other, Renewable Energy
Indian State Transmission Utilities and Power Grid Corporation of India to Receive €1 Billion Soft Loan from Germany

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 infrastructure under the green energy corridor program. The ...
/ / Grid, T&D