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Daily News Wrap-Up: Budget 2024 Promotes Clean Energy, Critical Mineral Chains

Union Finance Minister Nirmala Sitharaman, in the first Budget under a new coalition government, laid out a series of measures to promote clean energy adoption and...

July 24, 2024

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Mercom Staff

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Daily Wrap-up
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GCF Approves $215.6 Million for SIDBI to Help MSMEs Lower Emissions

The Green Climate Fund (GCF) has approved $215.6 million for the Small Industries Development Bank of India’s (SIDBI) Financing Mitigation and Adaptation Projects...

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Solar and Wind Developers Invited to Bid for Funding Support for Projects in South Africa

The Development Bank of Southern Africa (DBSA) has invited bids to support solar and wind generation projects under the embedded generation investment program (EGIP)....

August 11, 2021

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Distributed Solar Company MYSUN Raises ₹150 Million from Tata Cleantech Capital

Rooftop solar solution provider MYSUN has joined hands with Tata Cleantech Capital Ltd (TCCL) to raise ₹150 million (~$2 million) in debt funding. Tata Cleantech Capital...

July 20, 2021

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Rahul Nair

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Finance and M&A

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Solar
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Daily News Wrap-Up: IFC Approves $265 Million to Promote Electric Vehicles in Brazil

Here are some noteworthy cleantech announcements of the day from around the world: Pacific Gas and Electric Company has requested approval from the California Public...

December 28, 2021

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Harsh Shukla

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Other

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Renewable Energy
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AfDB and Others Pledge $160 Million for Improving Energy Access in Africa

To improve energy access in Africa by using small scale renewable projects and mini-grid projects, the African Development Bank (AfDB), the European Commission, KfW, the...

March 31, 2020

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Rakesh Ranjan

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Finance and M&A

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Other
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Green Climate Fund and AfDB to Provide $154 Million for Renewable Financing in Zambia

The Green Climate Fund (GCF) and the African Development Fund (AfDB) have joined hands to support a $154 million renewable financing framework in the southern African...

December 11, 2019

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Rakesh Ranjan

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Finance and M&A

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Other
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ADB, GCF, and Australia Together Pledge $44.6 Million for Tonga’s Renewable Expansion

The Asian Development Bank (ADB), the Green Climate Fund (GCF), and the Government of Australia have signed an agreement to develop renewable energy in Tonga. The total...

September 19, 2019

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Anjana Parikh

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Other

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Renewable Energy
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EBRD and GCF Offer $16.7 Million Assistance for a 30 MW Solar Power Project in Kazakhstan

In line with its policy to support renewables in Kazakhstan, the European Bank for Reconstruction and Development (EBRD) has partnered with the United Nations’ Global...

May 2, 2019

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Soumik Dutta

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Markets & Policy

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Solar
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Is Inclusion of Large Hydro Power in India’s Renewable Mix a Good Move?

Large hydro power (LHP) projects are back in the limelight in India, thanks to the recent notification by the Ministry of Power in which such projects were reclassified...

May 2, 2019

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Soumik Dutta

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Mercom Research Focus

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Other
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GCF Pledges $27 Million to Install Solar Mini Grids For 100 Villages In Burkina Faso

The Green Climate Fund (GCF) has pledged to provide €24.3 million (~$27.54 million) to the Yeleen Rural Electrification Project in the West African country of Burkina...

December 13, 2018

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Nitin Kabeer

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Off-grid

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Solar
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EBRD and Green Climate Fund to Lend $73.5 Million to Kazakhstan’s 100 MW Solar Project

The European Bank for Reconstruction and Development (EBRD) has signed an agreement with a German company, Joachim Goldbeck Holding GmbH,  to develop a 100 MW solar...

December 5, 2018

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Nitin Kabeer

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Finance and M&A

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Solar
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Green Climate Fund Pledges $1 Billion to Fight Climate Change in Developing Countries

The Green Climate Fund (GCF) has approved more than $1 billion funding for new projects and programs to help mitigate climate change in developing countries. This is the...

October 22, 2018

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Nitin Kabeer

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Other

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Renewable Energy
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NABARD to Receive $100 Million for the Development of Rooftop Solar in India

The National Bank for Agricultural and Rural Development (NABARD) will soon receive a $100 million loan from the Green Climate Fund (GCF) for the development of rooftop...

March 7, 2018

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Saumy Prateek

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Finance and M&A

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Solar
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EBRD, GCF and FMO to Provide $87 Million Loan to Develop Solar Projects in Egypt

The European Bank for Reconstruction and Development (EBRD), the Green Climate Fund (GCF), and the Netherlands Development Finance Company (FMO) have together agreed to...

November 1, 2017

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Wendy Prabhu

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Finance and M&A

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Solar

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