Blackstone to Invest $300 Million in Residential Solar Loans Through Loanpal

Blackstone to Invest $300 Million in Residential Solar Loans Through Loanpal

Loanpal, a U.S.-based financial technology company, announced that in residential solar loans on the Loanpal platform. According to the press release, Blackstone, a U.S.-based global investment firm, will invest through ...
/ / Finance and M&A, Solar
Daily News Wrap-Up_ Flipkart Joins Climate Group’s Electric Mobility Initiative EV100

Daily News Wrap-Up: Flipkart Joins Climate Group’s Electric Mobility Initiative EV100

Here are some noteworthy cleantech news and announcements of the day from around the world: The technical commission delegated by the Ministry of Energy and Non-Renewable Energy Resources of Ecuador ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ Amplus First to Trades on Green Term-Ahead Market

Daily News Wrap-Up: Amplus First to Trade on Green Term-Ahead Market

Here are some noteworthy cleantech news and announcements of the day from around the world: Amplus Solar said that it became the first solar generator to trade solar electricity on ...
/ / Other, Renewable Energy
Visa Announces Launch of Green Bonds Worth $500 Million

Visa Announces Launch of Green Bonds Worth $500 Million

Visa, a U.S.-based multinational digital financial service provider, announced that it has issued its inaugural green bond offering, totaling $500 million (~₹37.38 billion). A green bond is a fixed-income instrument designed to ...
/ / Finance and M&A, Other
News Wrap-Up_ Meyer Burger Buys SolarWorld’s Plant, BP to Build 50 GW of Renewables

News Wrap-Up: Meyer Burger Buys SolarWorld’s Plant, BP to Build 50 GW of Renewables

Here are some noteworthy cleantech news and announcements from the around the world week: Meyer Burger, a Switzerland-based engineering company, announced that it had secured new locations to set up ...
/ / Other, Renewable Energy
ReneSola Power Raises $12 Million to Construct 19 MW of Solar Projects in Poland

ReneSola Power Raises $12 Million to Construct 19 MW of Solar Projects in Poland

Solar developer ReneSola Power announced that it had raised €10.64 million (~$12 million) through bridge funding from Eiffel Energy Transition Fund to construct 19 MW of solar projects in Poland. ReneSola ...
/ / Finance and M&A, Solar
State Bank of Pakistan Expands Scope of its Financing Program to Include Renewables

State Bank of Pakistan Expands Scope of its Financing Program to Include Renewables

To promote renewables, the State Bank of Pakistan (SBP) has expanded the scope of its renewable energy refinancing program, allowing financing under category III of the program to solar and ...
/ / Other, Renewable Energy
Fourth Partner Energy Raises $15 Million in Third Funding Round to Expand Solar Portfolio

Fourth Partner Energy Raises $15 Million in Third Funding Round to Expand Solar Portfolio

Distributed solar company, Fourth Partner Energy, has raised $15 million (~₹1.1 billion) in debt funding from responsAbility, a Switzerland-based development asset manager. According to the company’s press statement, the funding ...
/ / Finance and M&A, Solar
UK’s Oil Giant bp to Invest $70 Million in India’s Green Growth Equity Fund

UK’s Oil Giant BP to Invest $70 Million in India’s Green Growth Equity Fund

United Kingdom-based oil giant BP announced its plans to invest $70 million (~$5.22 billion) in India’s Green Growth Equity Fund (GGEF), which aims at promoting zero carbon and low carbon energy ...
Tata Power to Set Up Infrastructure Investment Fund to Bolster Its Renewable Business

Tata Power to Set Up Infrastructure Investment Fund to Bolster Its Renewable Business

Tata Power announced that its board of directors had given its in-principle approval for setting up an infrastructure investment fund (InvIT) for the company’s renewable business. The Mumbai-based power electric ...
AfDB and Nigeria Launch National Electrification Project to Boost Energy Access

AfDB and Nigeria Launch National Electrification Project to Boost Energy Access

The African Development Bank (AfDB) and the Government of Nigeria announced the launch of their National Electrification Project (NEP), which aims to help improve access to energy by promoting private ...
/ / Grid, Other
AfDB Sponsored Off-Grid Energy Access Fund Successfully Raises $59 Million

AfDB Sponsored Off-Grid Energy Access Fund Successfully Raises $59 Million

The African Development Bank (AfDB) recently announced that the Facility for Energy Inclusion’s Off-Grid Energy Access Fund (FEI OGEF) reached its final equity close target of $59 million (~₹4.17 billion) ...
BlackRock Real Assets Set to Buy 115 MW of Solar Projects in Taiwan

BlackRock Real Assets Set to Buy 115 MW of Solar Projects in Taiwan

BlackRock Real Assets, a global investment management company, has announced its plans to expand its renewable power portfolio in Asia. The Fund, which is a private fund managed by BlackRock ...
Ayana, EverSource, and NIIF to Invest $330 Million into India’s Renewable Projects

Ayana, EverSource, and NIIF to Invest $330 Million into India’s Renewable Projects

EverSource Capital and the National Investment and Infrastructure Fund of India (NIIF) have announced their partnership with Ayana Renewable Power which could see investment to the tune of $330 million ...
/ / Other, Renewable Energy
USTDA Funds Feasibility Study to Assess Viability of a 100 MW Solar Project in Mozambique

USTDA Funds Feasibility Study to Assess Viability of a 100 MW Solar Project in Mozambique

The United States Trade and Development Agency (USTDA) has awarded a grant to WHN Solar, S.A., for a feasibility study to assess the viability of solar photovoltaic (PV) project of ...
/ / Markets & Policy, Solar
Apple to Invest $300 Million in China Clean Energy Fund

Apple to Invest $300 Million in China Clean Energy Fund

Apple, a global tech giant has announced it will invest $300 million in the China Clean Energy Fund over the next four years. In a media statement, the company announced ...
/ / Markets & Policy, Solar
SoftBank to Invest $60-100 Billion in India’s Solar Industry

SoftBank to Invest $60-100 Billion in India’s Solar Industry

SoftBank Group, a Japanese telecom giant-turned-tech investor, plans to invest $60 to $100 billion in Indian solar projects, according to Japanese public broadcaster NHK. Prime Minister Narendra Modi-led administration has ...
/ / Finance and M&A, Solar
Lightsource BP and Everstone Group Form Joint Venture for Green Infrastructure in India

Lightsource BP and Everstone Group Form Joint Venture for Green Infrastructure in India

Lightsource BP, a global renewable energy development firm, and investment firm Everstone Group have teamed up to create a major fund management platform called EverSource Capital for the development of ...
/ / Finance and M&A, Solar