ADB and ASEAN Announce $1 Billion Green Finance Facility

ADB and ASEAN Announce $1 Billion Green Finance Facility

The Asian Development Bank (ADB) along with Southeast Asian governments and major development financiers has launched the “ASEAN (Association of Southeast Asian Nations) Catalytic Green Finance Facility,” a new initiative ...
/ / Finance and M&A, Other
India Installs LiDAR for Assessment of Offshore Wind Resource in Gujarat

India Installs LiDAR for Assessment of Offshore Wind Resource in Gujarat

The Government of India, through its various ministries and departments is actively pursuing the goal of making India a  cleaner and greener country by expanding the usage of renewable energy ...
/ / Other, Wind
Budget 2018-19: A Damp Squib for India’s Renewable Energy Sector

Budget 2018-19: A Disappointing Budget for Solar and Renewable Energy Sector

The much-anticipated Union Budget 2018-19 was tabled in parliament on 1 February 2018 by Finance Minister Arun Jaitley. However, the new budget for the coming financial year has, in most ...
/ / Markets & Policy, Solar
MNRE to Spend $10 Million to Foster Clean Energy Awareness

MNRE to Spend $10 Million to Foster Clean Energy Awareness

The Ministry of New and Renewable Energy (MNRE) is planning to spend ₹660 million (~$10.3 million) over the next two financial years on increasing renewable energy awareness in India. “The ...
/ / Markets & Policy, Solar
Church Pension Fund Infuses $17 Million to Promote Solar Energy in South Asia

Church Pension Fund Infuses $17 Million to Promote Solar Energy in South Asia

The Church Pension Fund (CPF) has invested $17 million (~₹1.07 billion) to provide financing to organizations that promote green energy initiatives. CPF is a financial services organization that serves the Episcopal Church ...
/ / Off-grid, Solar
Month In A Minute

Month in a Minute: Important Headlines and Data Points from the Indian Renewable Sector in January 2017

Important Headlines and Data Points from the Indian Renewable Sector in January 2017 Solar Energy Corporation of India (SECI) released the list of successful developers for the 500 MW rooftop ...
/ / Other, Renewable Energy
ADB

PGCIL Seeks $1 Billion Loan from ADB to Set Up Green Energy Corridor

The Power Grid Corporation of India (PGCIL) is seeking loan assistance of $1 billion (~Rs.67.82 billion) from the Asian Development Bank (ADB) for green energy transmission corridor. The loan will ...
/ / Grid