IFC Backs Standard Bank of South Africa’s Green Bond Issue with $200 Million Investment

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 ...
/ / Finance and M&A, Other
IFC to Help Burkina Faso Assess Economic Benefits of Solar Energy Storage Systems

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

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

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 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 ...
/ / Solar, Tenders & Auctions
IFC to Help Bangladesh Develop a 35 MW Solar Project Through Public-Private Partnership

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 ...
/ / Solar, Utility Scale
IFC to Lend $36 Million to Mahindra Renewables for a 250 MW Solar Project in Rajasthan

IFC to Lend $36 Million to Mahindra Renewables for a 250 MW Solar Project in Rajasthan

The International Finance Corporation (IFC), the financial arm of the World Bank, has announced its plan to lend $36 million (~₹2.57 billion) for a 250 MW solar project by Mahindra ...
An Estimated $24.7 Trillion Investment Potential in Green Buildings by 2030, Says IFC Report An Estimated $24.7 Trillion Investment Potential in Green Buildings by 2030, Says IFC Report

An Estimated $24.7 Trillion Investment Potential in Green Buildings by 2030, Says IFC Report

The International Finance Corporation (IFC), a member of the World Bank Group, has come out with its latest report that sheds light on the enormous potential of green buildings in ...
/ / Energy Efficiency, Other
UAE-Based Masdar Backs India’s Hero Future Energies with $150 Million Investment

UAE-Based Masdar Backs India’s Hero Future Energies with $150 Million Investment

In a significant development for the domestic renewable industry, the United Arab Emirates-based Masdar has invested around $150 million (~₹10.7 billion) in Hero Future Energies, one of the leading names ...
/ / Finance and M&A, Solar
Japan’s Univergy to Invest $200 Million in Zambian Solar Projects

Japan’s Univergy to Invest $200 Million in Zambian Solar Projects

Univergy Solar, a renewable energy company, based in Japan, is going to invest more than $200 million in two solar projects in the central African nation of Zambia. This is ...
/ / Finance and M&A, Solar
UAE-Based Masdar Wins Bid to Develop 100 MW Solar Project in Uzbekistan

UAE-Based Masdar Wins Bid to Develop 100 MW Solar Project in Uzbekistan

Masdar (or Abu Dhabi Future Energy Company) has announced that it has won the bid to develop Uzbekistan’s first public-private partnership (PPP) solar project under the International Finance Corporation’s (IFC) ...
/ / Solar, Utility Scale
Tata Power and IFC to Study Energy Storage Potential in Power Distribution System

Tata Power and IFC to Study Energy Storage Potential in Power Distribution System

Tata Power Delhi Distribution (TPDDL) and the International Finance Corporation (IFC), the financial arm of the World Bank Group, have signed a memorandum of understanding (MoU) to assess the energy ...
IFC Extends Financing Package for 60 MW of Solar Projects in Senegal

IFC Extends Financing Package for 60 MW of Solar Projects in Senegal

The International Finance Corporation (IFC), the financial arm of the World Bank, has finalized the financing of two grid-connected solar photovoltaic (PV) projects aggregating 60 MW in Senegal. The finalization ...
/ / Finance and M&A, Solar
Renewable Developer ReNew Power Raises $300 Million Through Rights Issue

IFC and HSBC Establish Green Bond Fund Focused on Providing Access to Climate Finance

The International Finance Corporation (IFC), the financial arm of the World Bank, along with HSBC Global Asset Management, has announced their first global green bond fund aimed at “real economy” ...
World Bank to Invest $1 Billion Towards Battery Storage to Promote Renewables Globally

World Bank Launches Energy Efficient Cooling Program for Developing Countries

The World Bank has established a new Efficient, Clean Cooling Program to accelerate the uptake of sustainable cooling solutions, including air conditioning, refrigeration and cold chain in developing countries. The program will ...
Clean Solar Power to Get US$43.3 Million IFC Debt Financing

Hero Future Energies to Receive $43 Million from IFC for a 250 MW Solar Project in Rajasthan

Clean Solar Power (CSP), a step-down subsidiary of Hero Future Energies Global Ltd. (HFE), is set to receive a debt financing of up to $43.3 million from International Financial Corporation ...
Maharashtra Partners with IFC for Green Buildings in the State

Maharashtra Partners with IFC for Green Buildings in the State

The Maharashtra State housing department has entered into a memorandum of understanding (MoU) with the International Finance Corporation (IFC) to promote green housing. The MoU is partly funded by IFC’s ...
World Bank Commits $22.5 Billion to Scale Up Climate Action in Africa

World Bank Commits $22.5 Billion to Scale Up Climate Action in Africa

The World Bank has committed $22.5 billion to Africa for climate adaptation and mitigation in the next five years. The funding is part of the World Bank’s 2025 target to accelerate ...
/ / Finance and M&A, Other
IREDA Green Masala Bonds

IFC Announces Investment of $75 Million in AC Energy’s Green Bonds

The International Finance Corporation (IFC) has announced that it has committed an investment of $75 million in the first-ever listed green bond issued and guaranteed by AC Energy, the power ...
/ / Markets & Policy, Solar
Uzbekistan Issues Tender for 100 MW Solar Projects on Pilot Basis; Plans to Scale to 900 MW

Uzbekistan Issues Tender for 100 MW Solar Projects on Pilot Basis; Plans to Scale to 900 MW

Uzbekenergo JSC, a government-owned power utility, has issued request for selection (RfS) for 100 MW of grid-connected solar projects to be developed in Navoi Oblast. According to the Uzbekistan government, ...
/ / Solar, Tenders & Auctions
Maharashtra’s Shirdi Temple Reissues 10 MW Solar EPC Tender

UAE-Based Developer Yellow Door Raises $65 Million Investment to Scale Solar Energy

Yellow Door Energy (Yellow Door), a UAE-based solar developer, has announced that it has raised $65 million in a Series A financing round to scale its investments in solar energy and energy ...
/ / Finance and M&A, Solar
PFC Issues $400 Million of Green Bonds on LSE’s International Securities Market

Namibia Announces Issuance of its First Green Bond

In a first for the country, Namibia recently announced the launch of its green bond. By doing this, Bank Windhoek, a wholly Namibian-owned commercial bank, became the first commercial bank ...
/ / Other, Renewable Energy
IFC Provides €40 Million Loan to Tunisia’s Attijari Bank for Renewable Projects

IFC Provides €40 Million Loan to Tunisia’s Attijari Bank for Renewable Projects

The International Finance Corporation (IFC), a member of the World Bank Group, is providing a €40 million (~$46.2 million) subordinated loan to Attijari bank Tunisia, which is a private bank ...
/ / Markets & Policy, Solar
IFC Issues Indonesian Rupiah Komodo Green Bond for Investment into Renewable Projects

IFC Issues Indonesian Rupiah Komodo Green Bond for Investment into Renewable Projects

The International Finance Corporation (IFC), a member of the World Bank Group, has issued its inaugural Indonesian Rupiah Komodo green bond. The green bond issue has attracted strong investor demand, ...
/ / Other, Renewable Energy
Azure Offers 14,800,000 Equity Shares on New York Stock Exchange at $12.50

Azure Offers 14,800,000 Equity Shares on New York Stock Exchange at $12.50

Azure Power Global has offered another 14,800,000 equity shares on the New York Stock exchange. Per the company, it has priced its underwritten public offering of 14,800,000 equity shares at a ...
/ / Markets & Policy, Solar