IFC

Federal Bank Limited will discontinue financing of any new-coal related projects, including coal-fired power projects. The announcement comes on the heels of the equity infusion from the International Finance Corporation (IFC) ...

Singapore-based renewable energy company Sembcorp Industries has raised S$675 million (~$496.1 million) by launching a sustainability-linked bond (SLB) in Singapore. The company’s wholly-owned subsidiary, Sembcorp Financial Services, priced its inaugural bond. International ...

The Ministry of Petroleum, Energy, and Renewable Energies of the Republic of Niger has floated a tender to develop a 50 MW solar project. The project will be located at ...

Social Investment Managers and Advisors (SIMA) has launched the Energy Access Relief Fund (EARF) with a first close of $68 million and a target closing of around $84 million by ...

CleanMax, an Indian renewable energy company, announced that Augment Infrastructure, a U.S.-based investment company, has acquired a majority stake in the company investing ₹16.5 billion (~$222.23 million) in equity. As a ...

OMERS Infrastructure announced that it has signed a stock purchase agreement to acquire a 19.4% stake in Indian independent power (solar) producer Azure Power Global for $219 million from International Finance Corporation (IFC) ...

International Finance Corporation (IFC) – the financial arm of the World Bank, and two investment funds managed by IFC Asset Management Company - IFC Financial Institutions Growth Fund and IFC Emerging ...

The Asian Infrastructure Investment Bank (AIIB), a multilateral development bank, announced that it has approved a $50 million loan facility to Italy-based Enel Green Power to develop a 300 MW solar project ...

International Finance Corporation (IFC) – the financial arm of the World Bank – has proposed an equity investment of up to $15 million in South Asia Growth Fund II (SAGF II), ...

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., ...

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 ...

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 ...

The International Finance Corporation (IFC), the World Bank Group's financial arm, has extended its support to Continuum Green Energy by subscribing to 10% of the company's first green bond, which ...

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 ...

Here are some noteworthy cleantech announcements of the day from around the world: Goa’s Minister for Power and New & Renewable Energy inaugurated the first pilot convergence project with a ...

The International Finance Corporation (IFC), a member of the World Bank Group, announced that it has joined hands with the Agriculture Bank of Egpyt (ABE) to help Egyptian farmers access ...

Here are some noteworthy cleantech announcements of the day from around the world: Royal DSM announced the launch of the all-purpose Endurance Backsheet D15. The newly launched Endurance Backsheet protects ...

Here are some noteworthy cleantech announcements of the day from around the world: The Cabinet Committee on Economic Affairs chaired by the Prime Minister of India Narendra Modi has approved ...

Here are some noteworthy cleantech announcements of the day from around the world: NHPC Limited has revealed its plans to build a 600 MW solar project in Deoria district of ...

International Finance Corporation (IFC), the financial arm of the World Bank Group, is advising its clients in the financial sector to increase their climate-related lending, reducing their exposure to coal ...

The International Finance Corporation (IFC), European Union (EU), and European Bank for Reconstruction and Development (EBRD) have joined hands to support the development of the first utility-scale solar power project ...

The World Bank has signed an agreement with the Government of Myanmar to provide off-grid solar products to 450,000 people in rural Myanmar. The result-based financing for off-grid solar products ...

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 ...

The Asian Development Bank (ADB) has signed a deal with Spectra Solar Park Limited (SSPL) to invest $17.7 million (~₹1.33 billion) in a 35 MW utility-scale solar project in Bangladesh ...

The HSBC Global Asset Management and the International Finance Corporation (IFC), the financial arm of the World Bank Group, have announced the third closing of the HSBC Real Economy Green ...