eib

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SBI Signs $165 Million Loan with World Bank to Fund Rooftop Solar Projects

The State Bank of India (SBI) has signed a $165 million line of credit from the World Bank to finance grid-connected rooftop solar projects in the residential and...

December 26, 2023

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Staff

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Markets & Policy

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Rooftop

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Solar
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Daily News Wrap-Up: Bihar’s 185 MW Solar with 254 MWh Battery Storage Tender

Bihar State Power Generation Company has invited bids to set up a 185 MW grid-connected solar power project with a 254 MWh battery energy storage system in Kajra village...

December 18, 2023

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Satish Shetty

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Daily Wrap-up
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EIB Commits $5.5 Billion for European Wind Equipment Manufacturers

The European Investment Bank (EIB) has approved a €5 billion (~$5.5 billion) initiative to support the wind energy equipment manufacturing companies in Europe  to boost...

December 15, 2023

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Staff

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Other

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Renewable Energy
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Solaria Receives €1.7 Billion Financing Boost from EIB’s InvestEU

Solaria, a U.S.-headquartered solar equipment manufacturer and installer, has secured €1.7 billion (~$1.8 billion) in financing from the European Investment Bank (EIB)...

September 26, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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Project Finance Brief: Clearway Secures $421 Million for Energy Storage and Solar Project

From: Mercom Capital Group Clearway, a solar, wind, and energy storage project developer, has closed $421 million in financing for the 147 MW/ 588 MWh Rosamond Central...

August 2, 2023

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Staff

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Finance and M&A

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Solar
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Daily News Wrap-Up: CERC Allows High-Price Contracts at HPX

The Central Electricity Regulatory Commission has allowed Hindustan Power Exchange (HPX) to introduce High Price contracts in the High Price Day Ahead Market, High Price...

July 27, 2023

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Mercom Staff

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Daily Wrap-up
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EIB Greenlights $636 Million Loan for Repsol’s Renewable Energy Initiatives

The European Investment Bank (EIB) has approved a €575 million (~$636.7 million) loan to support global energy company Repsol‘s renewable projects in Spain. The...

July 26, 2023

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Gautamee Hazarika

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Markets & Policy

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Other

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Renewable Energy
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EIB to Fund an Additional $50 Billion for Clean Energy Manufacturing in EU

The European Investment Bank (EIB) Group has approved raising the funding volume for clean energy projects developed under the European Union’s (EU) REPowerEU plan and...

July 13, 2023

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Satish Shetty

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Finance and M&A

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Other

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Renewable Energy
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Endesa Secures $545 Million to Develop 4.8 GW of Renewable Projects in Spain

Endesa, a Spain-based electric utility company, has signed sustainability-linked financing agreements worth €500 million (~$545.7 million) with Instituto de Crédito...

July 3, 2023

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Gourav Mishra

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Finance and M&A

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Other
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Iberdrola’s Q1 Profit Soars 40% to $1.6 Billion on Higher Demand in Europe

Spain-based independent power producer Iberdrola recorded a net profit of €1.5 billion (~$1.6 billion) for the first quarter (Q1) of the financial year (FY) 2023, an...

May 2, 2023

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Gautamee Hazarika

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Markets & Policy

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Other

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Renewable Energy
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EIB Lends €450 Million to Portugal for Transmission System Upgradation

The European Investment Bank (EIB) has agreed to lend €450 million (~$485 million) to Portugal-based energy company Redes Energéticas Nacionais (REN) for renewable...

March 27, 2023

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Arjun Joshi

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Finance and M&A

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Grid
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EU Bank to Provide $1.1 Billion to Develop Green Hydrogen Hubs in India

The bank of the European Union, European Investment Bank (EIB), said it has signed a memorandum of understanding (MoU) with India Hydrogen Alliance (IH2A) to provide €1...

February 8, 2023

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Sumit Jha

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Other

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Renewable Energy
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Aquila Capital Raises €1 Billion for 2.6 GW of Renewable Energy Projects in Southern Europe

Aquila Clean Energy, a clean energy development platform of Germany-based asset manager Aquila Capital, has secured €1 billion (~$1.005 billion) from the European...

September 12, 2022

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Gourav Mishra

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Finance and M&A

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Other
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Daily News Wrap-Up: JSW Renewable Energy Commissions a 225 MW Solar Project in Karnataka

Here are some noteworthy cleantech announcements of the day from around the world: JSW Renewable Energy (Vijayanagar), a 100% subsidiary of JSW Energy, announced the...

April 12, 2022

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Satish Shetty

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Other

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Renewable Energy
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Daily News Wrap-Up: Azure Power Refinances its 600 MW ISTS-Connected Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: Independent power producer Azure Power has refinanced its existing project finance...

February 23, 2022

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Arjun Joshi

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Other

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Renewable Energy

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