AIIB Approves $50 Million Loan for Enel Green Energy’s 300 MW Solar Project
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 ...
IFC to Invest $15 Million in a Fund For Clean Energy Projects in India and Bangladesh
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), ...
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: 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 ...
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 ...
IFC Subscribes to $56 Million of Continuum’s Green Bond Offering in Singapore
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 ...
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 ...
Daily News Wrap-Up: Goa’s First Project with Decentralized Clean Energy Inaugurated
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 ...
IFC to Help Egyptian Farmers Switch to Solar Irrigation Systems
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 ...
Daily News Wrap-Up: ADB Approves $600 Million Loan to Indonesia for Renewables
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 ...
Daily News Wrap-Up: Jaguar Land Rover India Opens Bookings for its All-Electric SUV
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 ...
Daily News Wrap-Up: NHPC Planning a 600 MW Solar Project in Uttar Pradesh
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 ...
IFC Asks Clients to Not Invest in Companies That Do Not Want to Exit Coal
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 ...
IFC, EBRD, European Union Finance Armenia’s First Utility-Scale Solar Project
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 ...
World Bank and Myanmar Sign Pact to Provide Off-Grid Solar Products in Rural Areas
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 ...
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 ...
ADB to Invest $17.7 Million in a 35 MW Solar Power Project in Bangladesh
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 ...
HSBC and IFC Raise $474 Million Through Emerging Markets’ Green Bond Fund
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 ...
Bank of Bangladesh Adds €200 Million to its Green Transmission Fund
The Bank of Bangladesh has decided to introduce €200 million (~₹16.38 billion) along with the existing $200 million (~₹15 billion) for the Green Transmission Fund (GTF). Accordingly, the participating authorized ...
IFC Backs Standard Bank of South Africa’s Green Bond Issue with $200 Million Investment
The International Finance Corporation (IFC), the financial arm of the World Bank Group, has announced that it has invested ₹200 million (~₹14.7 billion) in the Standard Bank of South Africa’s ...
IFC to Help Burkina Faso Assess Economic Benefits of Solar Energy Storage Systems
The International Finance Corporation (IFC), the financial wing of the World Bank Group, has signed an agreement with Burkina Faso’s Ministry of Energy to assess the economic benefits of private ...
IFC to Invest Over ₹18 Million in Rooftop Solar Projects in West Bank
The International Finance Corporation (IFC), the financial wing of the World Bank Group, and Massader, a subsidiary of the Palestine Investment Fund (PIF), announced that they signed a loan agreement ...
IFC Announces $212.5 Million Loan to Vietnam Bank to Boost Lending for Renewables
The International Finance Corporation (IFC), a member of the World Bank Group, has announced that it would provide a loan to the Vietnam Prosperity Joint Stock Commercial Bank (VP Bank) ...
Togo Announces Tender for 60-80 MW of Solar Projects
Togo has floated a tender for two solar PV projects with an estimated capacity ranging between 60-80 MW. The projects in Kpalassi, located in the Kara region, and Salimdè in ...
IFC to Help Bangladesh Develop a 35 MW Solar Project Through Public-Private Partnership
The International Finance Corporation (IFC), the financial arm of the World Bank, has joined hands with the Sustainable and Renewable Energy Development Authority (SREDA) of Bangladesh to develop a 35 ...
