ADB

ADB to Discontinue Financing Coal Projects

The Asian Development Bank (ADB), under its draft energy policy, has announced that it will discontinue financing any new coal-fired capacity for power and heat generation or any facilities associated ...
Daily News Wrap-Up_ EBRD and Green Climate Fund Provide Green Financing to Armenia

Daily News Wrap-Up: EBRD and Green Climate Fund Provide Green Financing to Armenia

Here are some noteworthy cleantech announcements of the day from around the world: European Bank for Reconstruction (EBRD) and the Green Climate Fund (GCF) will support Armenia's transition to a low-carbon economy ...
/ / Other, Renewable Energy
IFC Proposes $50 Million Loan for Enel’s 300 MW Solar Project in Rajasthan

IFC Proposes $50 Million Loan for Enel’s 300 MW Solar Project in Rajasthan

International Finance Corporation (IFC) has proposed a $50 million loan facility to Italy-based Enel Green Power to fund its solar project in Rajasthan’s Bikaner. The 300 MW Thar Surya solar photovoltaic ...
/ / Finance and M&A, Solar
IFC to Provide $25 Million Loan to Facilitate Green Financing in Nepal

IFC to Provide $25 Million Loan to Facilitate Green Financing in Nepal

The International Finance Corporation (IFC), the financial arm of the World Bank Group, has announced that it will provide a loan of $25 million to NMB Bank, one of Nepal's ...
/ / Finance and M&A, Other
Financing Activity in the Indian Solar Sector So Far This Year

$4.2 Billion in Financing Activity in the Indian Solar Sector So Far This Year

In the first three quarters of 2017, the Indian solar sector saw almost $4.2 billion (~₹272 billion) in announced corporate, project funding, and M&A deals, according to the recently released ...
/ / Finance and M&A, Solar
Renewable Energy Development

ISA and EBRD Enter Partnership to Support Renewable Energy Development

The International Solar Alliance (ISA) and the European Bank for Reconstruction and Development (EBRD) have signed a joint financial partnership declaration that deepens their cooperation in support of renewable energy ...
/ / Markets & Policy, Solar