ACME Solar Raises $334 Million in Offshore Green Bonds for 12 Solar Projects

ACME Solar Raises $334 Million in Offshore Green Bonds for 12 Solar Projects

Independent power producer ACME Solar (ACME) has raised around $334 million for 12 of its solar projects through the issuance of offshore green bonds. The debt investment will be funded ...
/ / Finance and M&A, Solar
TPG Raises $5.4 Billion for Climate-Focused Inaugural Fund

TPG Raises $5.4 Billion for Climate-Focused Inaugural Fund

TPG Rise Climate, the climate investing strategy of TPG's (formerly Texas Pacific Group) global impact investing platform TPG Rise, has raised $5.4 billion from over 20 companies and global institutional ...
Distributed Solar Company MYSUN Raises ₹150 Million from Tata Cleantech Capital

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 is a joint venture ...
/ / Finance and M&A, Solar
Daily News Wrap-Up: Power Sector Financing Company REC Limited Raises $400 Million

Daily News Wrap-Up: Power Sector Financing Company REC Limited Raises $400 Million

Here are some noteworthy cleantech announcements of the day from around the world: REC Limited, a public infrastructure finance company in India’s power sector, has priced $400 million through 2.75% ...
Climate Financing by Multilateral Development Banks Reaches $66 Billion in 2020

Climate Financing by Multilateral Development Banks Reaches $66 Billion in 2020

A group of nine multilateral development banks (MDBs) have published a report on Climate Finance 2020. The report reveals that the MDBs provided a total of $66 billion towards green ...
/ / Finance and M&A, Other
Daily News Wrap-Up: Shell Unveils Europe’s Largest Green Hydrogen Electrolyzer

Daily News Wrap-Up: Shell Unveils Europe’s Largest Green Hydrogen Electrolyzer

Here are some noteworthy cleantech announcements of the day from around the world: British-Dutch energy giant Shell has activated Europe’s largest polymer electrolyte membrane (PEM) hydrogen electrolyzer at the firm’s energy and ...
Daily News Wrap-Up: $30 Million Announced in Federal Funding for Clean Energy Projects

Daily News Wrap-Up: $30 Million Announced in Federal Funding for Clean Energy Projects

Here are some noteworthy cleantech announcements of the day from around the world: The U.S. Department of Energy (DOE) has announced over $30 million in federal funding, matched by over ...
Daily News Wrap-Up: ADB Approves Refinancing for a 240 MW Solar Project in Vietnam

Daily News Wrap-Up: ADB Approves Refinancing for a 240 MW Solar Project in Vietnam

Here are some noteworthy cleantech announcements of the day from around the world: The Asian Development Bank has approved $160.5 million in financing for the 240 MW Dau Tieng 2 ...
Daily News Wrap-Up: EBRD Loans ~$72.36 Million For Wind Farms in Poland

Daily News Wrap-Up: EBRD Loans ~$72.36 Million For Wind Farms in Poland

Here are some noteworthy cleantech announcements of the day from around the world: The European Bank for Reconstruction and Development (EBRD) has lent PLN275 million (~$72.36 million) to Poland for ...
Daily News Wrap-Up: Solar Energy Manufacturing for America Act Introduced in the US

Daily News Wrap-Up: Solar Energy Manufacturing for America Act Introduced in the US

Here are some noteworthy cleantech announcements of the day from around the world: U.S. Senator Jon Ossoff has introduced the Solar Energy Manufacturing for America Act to boost American solar manufacturing, ...
Daily News Wrap-Up Engie Commissions 60 MW of Solar Projects in Senegal

Daily News Wrap-Up: ENGIE Commissions 60 MW of Solar Projects in Senegal

Here are some noteworthy cleantech announcements of the day from around the world: ENGIE, Meridiam, and FONSIS have announced the commissioning of two photovoltaic projects in Senegal with a total ...
Rooftop Solar The Struggles Continue DesRooftop Solar The Struggles Continue Despite Enormous Potentialpite Enormous Potential

Rooftop Solar: The Struggles Continue Despite Enormous Potential

The energy costs for commercial and industrial (C&I) units in India account for around 30%-40% of the operational expenses.  Embracing solar seems like the most logical step towards saving the ...
Off-Grid Solar Product Sales in India Dip 48% YoY in H2 2020 GOGLA

Off-Grid Solar Product Sales in India Dip 48% YoY in H2 2020: GOGLA

The Global Off-Grid Lighting Association (GOGLA) has published its latest off-grid solar market semi-annual sales and impact report. The data used has been collated from July to December 2020. The ...
Vena Energy Secures $500 Million Green Credit Facility from Eight Lenders

Vena Energy Secures $500 Million Green Credit Facility from Eight Lenders

Renewable independent power producer Vena Energy has signed its first sustainability-linked revolving credit facility of JPY52.8 billion (~$500 million) from eight lenders. A revolving credit facility is a line of ...
Daily News Wrap-Up Canadian Solar Signs PPA for a 12 MW Solar Project in Italy

Daily News Wrap-Up: Canadian Solar Signs PPA for a 12 MW Solar Project in Italy

Here are some noteworthy cleantech announcements of the day from around the world: Canadian Solar has signed a long-term power purchase agreement (PPA) with Axpo Italia to procure power produced from ...
Solar and Wind Generated 9.4% of the World’s Electricity in 2020

Solar and Wind Generated 9.4% of the World’s Electricity in 2020

The strong growth in wind and solar power capacity additions in 2020, despite the pandemic, resulted in a record fall in coal power globally, according to the climate and energy ...
Daily News Wrap-Up Enel Green to Build a 1.5 GW Solar Hybrid Project With Battery Storage

Daily News Wrap-Up: Enel Green to Build a 1.5 GW Solar Hybrid Project With Battery Storage

Here are some noteworthy cleantech announcements of the day from around the world: Enel Green Power North America has announced construction on five new renewable energy projects in the U.S., ...
Daily News Wrap-Up EDF Renewables Bags Three Solar Projects in the US

Daily News Wrap-Up: EDF Renewables Bags Three Solar Projects in the US

Here are some noteworthy cleantech announcements of the day from around the world: EDF Renewables North America has been awarded three contracts for solar projects in New York. Awarded by ...
Daily News Wrap-Up KPI Global Bags Order to Build a 12.5 MW Captive Solar Project

Daily News Wrap-Up: KPI Global Bags Order to Build a 12.5 MW Captive Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: KPI Global has announced that it has bagged an order for executing a solar project from Anupam ...
Daily News Wrap-Up: ENGIE to Develop 2 GW Renewable Energy Portfolio in Chile

Daily News Wrap-Up: ENGIE to Develop 2 GW Renewable Energy Portfolio in Chile

Here are some noteworthy cleantech announcements of the day from around the world: Global energy player ENGIE will develop a 2 GW renewable energy portfolio in Chile. It includes an ...
Daily News Wrap-Up: GWEC Forecasts Wind Sector to Add 3.3 Million Jobs by 2025

Daily News Wrap-Up: GWEC Forecasts Wind Sector to Add 3.3 Million Jobs by 2025

Here are some noteworthy cleantech announcements of the day from around the world: The Global Wind Energy Council (GWEC) said in a new study that 3.3 million new wind power ...
/ / Other, Renewable Energy
Daily News Wrap-Up Jindal Steel Sells its Stake in Coal Power to Reduce Carbon Footprint

Daily News Wrap-Up: Jindal Steel Sells its Stake in Coal Power to Reduce Carbon Footprint

Here are some noteworthy cleantech announcements of the day from around the world: Jindal Steel & Power Ltd will sell a 96.42% stake in electricity-generation subsidiary Jindal Power to Worldone ...
/ / Other, Renewable Energy
Fourth Partner Energy Secures ₹2.5 Billion to Expand C&I Solar Portfolio

Fourth Partner Energy Secures ₹2.5 Billion to Expand C&I Solar Portfolio

CDC Group, a U.K. government-owned financial development institution, has announced a ₹2.5 billion (~$33.44 million) investment into distributed solar energy company Fourth Partner Energy. The capital from CDC will be ...
/ / Finance and M&A, Solar
Saudi Arabia’s ACWA Power Secures $114 Million for the 200 MW Solar Project in Egypt

Saudi Arabia’s ACWA Power Secures $114 Million for the 200 MW Solar Project in Egypt

Saudi Arabia’s energy giant ACWA Power has received a $114 million financing package for the 200 MW Kom Ombo solar project in Egypt from four agencies. The European Bank for ...
/ / Finance and M&A, Solar