EIB to Provide $3.55 Billion for Renewable Expansion in Europe and Beyond
The European Investment Bank (EIB) announced that it would provide €3 billion (~$3.55 billion) for renewable energy projects across Europe and around the globe. This would be a part of ...
ADB to Provide ₹4.66 Billion Loan to ENGIE for a 200 MW Solar Project in Gujarat
The Asian Development Bank (ADB) and ENGIE have signed a long-term loan agreement worth ₹4.66 billion (~ $65.6 million) to develop and operate a 200 MW (AC) solar project in ...
Blackstone to Invest $300 Million in Residential Solar Loans Through Loanpal
Loanpal, a U.S.-based financial technology company, announced that in residential solar loans on the Loanpal platform. According to the press release, Blackstone, a U.S.-based global investment firm, will invest through ...
DBS Bank Loans $29 Million to Sembcorp for a 60 MW Floating Solar Project
Singapore-based DBS Bank announced that it had provided a 40 million Singapore Dollar (~$29.29 million) loan to Sembcorp Industries to build one of the world’s largest floating solar photovoltaic (PV) ...
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 ...
L&T Infrastructure Finance Receives $50 Million from AIIB to Fund Renewable Projects
L&T Infrastructure Finance Company Limited (LTIF), an Indian non-banking financial company (NBFC), announced that it had received the first $50 million (~₹3.72 billion) of a $100 million (~₹7.43 billion) external ...
Cleantech Solar Receives $75 Million Green Loan to Help Set Up 500 MW of Solar Projects
Cleantech Solar, a Singapore-based commercial and industrial (C&I) focused solar developer, announced that it received a green loan of $75 million (~₹5.67 billion) from the Singapore branch of the ING Bank ...
Sri Lanka Receives $100 Million Loan from India for Installing Rooftop Solar Systems
Sri Lanka announced that it had received a $100 million (~₹7.56 billion) loan from the Government of India for installing solar rooftop systems on government buildings. These funds will also ...
ADB Grants ₹346 Million Loan towards Rural Electrification in Maharashtra
The Asian Development Bank (ADB) announced that it had approved a $346 million (~₹26.92 billion) loan to India to help provide efficient and reliable power to rural agriculture customers in ...
Fourth Partner Receives ₹5 Million Loan to Provide Solar for Non-Profit Entities
Fourth Partner Energy, an Indian distributed solar energy firm, has received a loan of ₹5 million (~$67,167), from Grameen Impact India (GIII), a non-banking finance corporation (NBFC) registered under the ...
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 ...
NTPC Raises $750 Million Syndicated Loan to Reduce Emissions from Power Projects
The National Thermal Power Corporation (NTPC) announced that it had raised a syndicated loan worth $750 million (~₹53.5 billion) in Japanese Yen to fund capital expenditure for the installation of ...
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 ...
AIIB Approves $65 Million Loan for Hero Future Energies’ Solar Project in Jodhpur
The Asian Infrastructure Investment Bank (AIIB), a multilateral development bank, has announced that its board of directors has approved a $65 million (~₹912,896) loan for a 250 MW solar power ...
Bank of America Lends ₹3.56 Billion to Distributed Solar Company Fourth Partner Energy
The Bank of America (BofA) has announced its plans to lend ₹3.56 billion (~$50 million) to Fourth Partner Energy, a distributed solar energy management company. The amount is a local currency revolving ...
ADB Grants $451 Million Loan to Boost Power Transmission Capacity in Tamil Nadu
The Asian Development Bank (ADB) has sanctioned a $451 million (~₹31.77 billion) loan to the state of Tamil Nadu for a project that will enable better power transfer between the ...
World Bank to Lend $300 Million to China for Battery Storage and Renewables Promotion
The World Bank has approved $300 million in loans for the China Renewable Energy and Battery Storage Promotion Project to increase the integration and utilization of renewable energy. “This project ...
EXIM Bank Approves $83 Million Loan for Financing of 35 MW of Solar Projects in Congo
The Export-Import Bank of India (EXIM Bank) has approved $83.11 million financing for the installation of three solar projects in the Democratic Republic of the Congo with a total capacity ...
African Development Bank Approves $18 Million Loan for a 50 MW Solar Project in Kenya
The African Development Bank (AfDB) has approved a senior loan of $18.17 million for the development of 50 MW Kopere solar power project in Nandi County, Kenya. The project also ...
EBRD to Lend $265 Million to Jordan to Develop its Grid for Renewable Energy Integration
The European Bank for Reconstruction and Development (EBRD) has said it will provide $265 million long-term loan to Jordan’s National Electric Power Company (NEPCO). The fund will be used to improve ...
Abu Dhabi Fund Commits $50 Million for IRENA-Recommended Renewable Projects
The Abu Dhabi Fund for Development (ADFD) has committed $50 million for renewable energy projects that are recommended by International Renewable Energy Agency (IRENA). The ADFD and IRENA have invited ...
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 ...
Sri Lanka Secures $50 Million Loan Facility from ADB to Develop Rooftop Solar
The Ministry of Finance and Mass Media in Sri Lanka has announced that it has entered into an agreement with the Asian Development Bank (ADB) wherein the bank will loan ...
JA Solar Receives $68.4 Million Loan for a 1.5 GW Solar Wafer Factory in Vietnam
JA Solar Vietnam, a wholly-owned subsidiary of Chinese solar manufacturer JA Solar, has completed a long-term buyer credit loan agreement of $68.4 million from China Minsheng Bank Corporation Limited. The ...
OPIC Provides $5 Million Loan Guarantee to Grameen Impact Through IndusInd Bank
The Overseas Private Investment Corporation (OPIC), a U.S. government agency, has signed a $5 million loan guarantee with India’s IndusInd Bank. The money will support Grameen Impact, a non-bank financial ...
