Daily News Wrap-Up: P&G to Procure Power From ENGIE’s 200 MW Solar Project

Daily News Wrap-Up: P&G to Procure Power From ENGIE’s 200 MW Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: Procter and Gamble (P&G) and ENGIE North America inked a 200 MW power purchase agreement from ENGIE's Sun Valley ...
/ / Other, Renewable Energy
Northvolt Raises $1.1 Billion to Fund Expansion of Battery and Cathode Production

Northvolt Raises $1.1 Billion to Fund Expansion of Battery and Cathode Production

Northvolt, a Sweden-based manufacturer of lithium-ion batteries, has signed a $1.1 billion convertible note to finance the expansion of its battery and cathode material production in Europe. In the past ...
Inox Green Energy Files Fresh Draft Papers for ₹7.4 Billion IPO

Inox Green Energy Files Fresh Draft Papers for ₹7.4 Billion IPO

Inox Green Energy Services, a subsidiary of Inox Wind, filed a fresh application to raise ₹7.4 billion (~$94.75 million) through an initial public offering (IPO). According to the Draft Red ...
/ / Finance and M&A, Wind
Daily News Wrap-Up Tata Motors Launches Electric Version of Mini-Truck

Daily News Wrap-Up: Tata Motors Launches Electric Version of Mini-Truck

Here are some noteworthy cleantech announcements of the day from around the world: Indian commercial vehicle manufacturer Tata Motors launched the electric version of the popular mini-truck Tata Ace called ...
Battery-Grade Lithium Producer Mangrove Raises $10 Million in Series A Funding

Battery-Grade Lithium Producer Mangrove Raises $10 Million in Series A Funding

Battery-grade lithium hydroxide producer Mangrove Lithium has closed a $10 million Series A investment round led by Breakthrough Energy Ventures (BEV). The fund will be used to build its first ...
Virescent Renewable Energy Trust Raises ₹21.5 Billion in Debt Financing

Virescent Renewable Energy Trust Raises ₹21.5 Billion in Debt Financing

Virescent Renewable Energy Trust (VRET), a renewable energy infrastructure investment trust (InvIT) from KKR's Virescent Infrastructure, has raised a total of ₹21.5 billion through listed non-convertible debentures and long-term debt financing ...
/ / Finance and M&A, Other
Governments Worldwide Pledge $470 Billion for Clean Energy Measures IEA Report

Governments Worldwide Pledge $470 Billion for Clean Energy Measures: IEA Report

The International Energy Agency (IEA) has said governments worldwide had earmarked $470 billion as of October 2021 to clean energy measures as part of their economic response to the Covid-19 ...
/ / Finance and M&A, Other
China was Second-Largest Source of Green Bond Issuance in 2020

China was Second-Largest Source of Green Bond Issuance in 2020

A report released by Climate Bonds Initiative (CBI) and China Central Depository & Clearing Research Centre (CCDC Research) has said that China was the second-largest source of green bond issuance ...
/ / Finance and M&A, Other
Air Liquide, Total to Launch World’s Largest Fund for Clean Hydrogen Solutions

Air Liquide, Total to Launch World’s Largest Fund for Clean Hydrogen Solutions

Air Liquide, TotalEnergies, VINCI, and other international companies have come together to sponsor the creation of the world’s largest fund exclusively dedicated to clean hydrogen infrastructure solutions. The fund aims to raise ...
/ / Finance and M&A, Other
SIMA Launches Energy Access Relief Fund to Support Off-Grid Solar Companies

SIMA Launches Energy Access Relief Fund to Support Off-Grid Solar Companies

Social Investment Managers and Advisors (SIMA) has launched the Energy Access Relief Fund (EARF) with a first close of $68 million and a target closing of around $84 million by ...
/ / Markets & Policy, Solar
Brookfield Raises $7 Billion for its Global Energy Transition Fund

Brookfield Raises $7 Billion for its Global Energy Transition Fund

Brookfield Asset Management, a Canada-based asset management company, announced that it had raised $7 billion in the initial close of its Brookfield Global Transition Fund. The fund raised will be ...
/ / Finance and M&A, Other
Daily News Wrap-Up_ Croatia to Auction 400 MW of Renewable Energy Capacity

Daily News Wrap-Up: Croatia to Auction 400 MW of Renewable Energy Capacity

Here are some noteworthy cleantech announcements of the day from around the world: Siemens Energy has signed an agreement with Maersk Drilling to upgrade two ultra-harsh environment CJ70 jack-up drilling ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ Total, 174 Power Global to Develop 1.6 GW of Solar Projects

Daily News Wrap-Up: Total, 174 Power Global to Develop 1.6 GW of Solar Projects

Here are some noteworthy cleantech announcements of the day from around the world: Total and 174 Power Global have signed an agreement to form a 50-50 joint venture to develop ...
/ / Other, Renewable Energy
AIIB’s $100 Million Funding to Provide Loans to Small & Medium Renewable Companies

AIIB’s $100 Million Funding to Provide Loans to Small & Medium Renewable Companies

The Asian Infrastructure Investment Bank (AIIB) approved a $100 million funding for the ADM Capital Elkhorn Emerging Asia Renewable Energy Fund. The ADM Capital Elkhorn Emerging Asia Renewable Energy Fund ...
/ / Finance and M&A, Other
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 Blackstone would invest nearly $300 million (~₹22.44 billion) in residential solar loans on the Loanpal platform. According to the press release, Blackstone, ...
/ / 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