The Asian Development Bank (ADB) has announced a new financing program for the Asia Pacific (APAC), which will significantly help the region accelerate actions required...

Central government-owned Solar Energy Corporation of India has earned over ₹100 billion (~$1.22 billion) in renewable power trading revenues in the financial year...

Power Finance Corporation (PFC) has inked a project loan agreement with the Japan Bank for International Corporation (JBIC) for a ¥2.6 billion (~$20.2 million) facility....

Ireland-headquartered renewables producer Alternus Energy has signed a deal with Deutsche Bank for a project financing facility of up to €500 million (~$532.3 million)....

Europe-based independent power producer Encavis AG’s fund Encavis Asset Management completed the investment phase of the Encavis Infrastructure Fund II (EIF II) with a...

The Development Bank of Rwanda has issued an expression of interest (EoI) for consulting firms to provide technical and engineering services to the bank for appraisal of...

Adani Transmission, the electric power transmission business arm of the Adani Group, has raised $700 million in senior debt facility for its under-construction...

The off-grid solar value chain can create up to 570,000 jobs in Sub-Saharan Africa by 2022, excluding manufacturing, the UCL Engineering for International Development...

The Allied Irish Bank (AIB) announced that it has issued green bonds worth €1 billion (~$ 1.16 billion) to finance projects with climate change benefits. Green bonds are...

U.S.-based JP Morgan Chase, one of the world’s largest banking institutions, announced that it has committed $50 billion (~₹3.59 trillion) towards green initiatives as...

The International Finance Corporation (IFC), a member of the World Bank Group, has announced that it would provide a loan to the Vietnam Prosperity Joint Stock...

The African Development Bank (AfDB) has approved a $21.78 million (~₹1.54 billion) grant to the government of Sudan to promote the adoption of solar-powered irrigation...

The European Investment Bank (EIB) has announced that it will end financing fossil fuel-based projects by the end of 2021. The global lender now wants to focus its...

Recently, the Supreme Court of India ordered the quashing of a circular issued by the Reserve Bank of India on non-performing assets (NPAs). According to a PTI report,...

Four years ago, under the leadership of Prime Minister Modi, India set a target to install 175 GW of renewable capacity by the year 2022. Of the targeted capacity, 100...