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 Utilities Commission for six additional ...
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 Clean Technology Fund, Norfund, and ...
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 nation of Zambia. Historically, ...
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 grant for expanding ...
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 Climate Fund (GCF) for the ...
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 as renewables ...
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 Faso. The project will provide ...
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 project in the Karaganda region ...
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 world’s largest ...
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 solar. The development ...
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 provide an $87 million syndicated loan ...