Daily News Wrap-Up_ ADB Approves $600 Million Loan to Indonesia for Renewables

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 ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ Jaguar Land Rover India Opens Bookings for its All-Electric SUV

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 ...
/ / Other, Renewable Energy
Daily News Wrap-up_ NHPC Planning a 600 MW Solar Project in Uttar Pradesh

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 ...
/ / Other, Renewable Energy
IFC Asks Clients to Not Invest in Companies That Do Not Want to Exit Coal

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 ...
/ / Other, Other Energy
IFC, EBRD, European Union Finance Armenia’s First Utility-Scale Solar Project

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 ...
/ / Finance and M&A, Solar
World Bank and Myanmar Sign Pact to Provide Off-Grid Solar Products in Rural Areas

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 ...
/ / Off-grid, 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
ADB to Invest $17.7 Million in a 35 MW Solar Power Project in Bangladesh

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 ...
/ / Finance and M&A, Solar
HSBC and IFC Raise $474 Million Through Emerging Markets’ Green Bond Fund

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

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

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 ...