Adani Green Raises $288 Million to Finance Solar Wind Hybrid Projects in Rajasthan

Adani Green Raises $288 Million to Finance Solar Wind Hybrid Projects in Rajasthan

Adani Green Energy has raised a $288 million (~₹21.76 billion) financing facility by extending its construction financing framework to $1.64 billion (~₹124 billion) for its under-construction renewable asset portfolio through ...
/ / Finance and M&A, Solar
Guidelines for Developing Sustainable Energy Storage Supply Chain Policies

Guidelines for Developing Sustainable Energy Storage Supply Chain Policies

The U.S. Energy Storage Association (ESA) has published guidelines for building a responsible energy storage supply chain policy that fits into environmental, social, and governance (ESG) considerations. Lithium-ion batteries are ...
What it Will Take for India's Clean Energy Sector to Unlock Billions in Foreign ESG Funds

What it Will Take for India’s Clean Energy Sector to Unlock Billions in Foreign ESG Funds

The Indian renewable energy (RE) market is one of the most attractive destinations for foreign investors. According to the 2020 Climate Transparency report, India is the only G20 nation on ...
/ / Mercom Research Focus, Other
Daily News Wrap-Up: Germany Pledges €1.2 Billion to Help India Fight Climate Change

Daily News Wrap-Up: Germany Pledges €1.2 Billion to Help India Fight Climate Change

Here are some noteworthy cleantech announcements of the day from around the world: Germany has announced more than €1.2 billion (~$1.34 billion) worth of commitments to aid India in its ...
/ / Other, Renewable Energy
Federal Bank to Discontinue Financing New Coal Projects

Federal Bank to Discontinue Financing New Coal Projects

Federal Bank Limited will discontinue financing of any new-coal related projects, including coal-fired power projects. The announcement comes on the heels of the equity infusion from the International Finance Corporation (IFC) ...
/ / Finance and M&A, Other
IREDA to Float IPO and Issue Green Bonds, Invites Bids for Asset Valuation

IREDA to Float IPO and Issue Green Bonds, Invites Bids for Asset Valuation

The Indian Renewable Energy Development Agency (IREDA) has announced that it will soon float an initial public offering (IPO) of fresh equity shares and issue green bonds in domestic and ...
/ / Solar, Tenders & Auctions
Daily News Wrap-Up: APICORP Releases ESG Framework, to Invest $1 Billion in Green Energy

Daily News Wrap-Up: APICORP Releases ESG Framework, to Invest $1 Billion in Green Energy

Here are some noteworthy cleantech announcements of the day from around the world: The Arab Petroleum Investments Corporation (APICORP) unveiled its new environmental, social, and governance (ESG) policy framework to ...
/ / Other, Renewable Energy
Global Climate-Aligned Bond Issuance Reached $913.2 Billion in 2020: Report

Global Climate-Aligned Bond Issuance Reached $913.2 Billion in 2020: Report

In 2020, 420 climate-aligned issuers issued climate bonds of $913.2 billion, Climate Bonds Initiative, a London-based non-profit research organization, said in its latest report. The climate-aligned market is around half of ...
/ / Other, Renewable Energy
SBI Has Provided ₹319.18 Billion in Renewable Energy Project Finance as of FY 2021

SBI Has Provided ₹319.18 Billion in Renewable Energy Project Finance as of FY 2021

The State Bank of India (SBI), one of India’s largest public sector banks, declared results for the financial year (FY) 2020-2021, which claimed that the bank had approved over ₹319.18 ...
/ / Other, Renewable Energy
Cipla to Procure Solar Via Open Access Under Group Captive Model from AMP Energy

Cipla to Procure Solar Via Open Access Under Group Captive Model from AMP Energy

Indian pharmaceutical major Cipla will be procuring solar from a 20 MWac (30 MWdc) group captive project in Tuljapur, Maharashtra. Spread across 115 acres, the solar project has been commissioned ...
/ / Finance and M&A, Solar
World Bank to Issue US Denominated Sustainable Development Notes

World Bank to Issue US Denominated Sustainable Development Notes

Global financial institution World Bank is soon going to issue the first ever sustainable development notes linked to the new Global Sustainability Signatories Index. Per a World Bank release, “The ...
/ / Other, Renewable Energy