Daily News Wrap-Up: EIB Provides €50 Million to Forsee Power to Expand Battery Business
Here are some noteworthy cleantech announcements of the day from around the world: The European Investment Bank (EIB) has provided a €50 million (~$60.70 million) loan to Forsee Power, a ...
Daily News Wrap-Up: Tata Power Solar Bags ₹12 Billion EPC Order for a 320 MW Solar Project
Here are some noteworthy cleantech announcements of the day from around the world: Tata Power Solar, a wholly-owned subsidiary of Tata Power, has received a Letter of Award to construct ...
Daily News Wrap-Up: India and Uzbekistan Sign MoU for Solar Energy Cooperation
Here are some noteworthy cleantech announcements of the day from around the world: The Government of India has signed a Memorandum of Understanding (MoU) with Uzbekistan for cooperation in the ...
Daily News Wrap-Up: Total Solar Completes a 1 MW Solar Carport Project in Chennai
Here are some noteworthy cleantech announcements of the day from around the world: Total Solar Distributed Generation, a division of Total, has completed a 1 MW solar project at Renault ...
Daily News Wrap-Up: Tata Motors to Deploy its Electric Cars in Haryana
Here are some noteworthy cleantech announcements of the day from around the world: Tata Motors has partnered with the Haryana Renewable Agency to deploy its electric car Nexon EV in ...
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 ...
Assam Power Generation Corporation Seeks ₹760 Million Loan for a 25 MW Solar Project
The Assam Power Generation Corporation Limited (APGCL) has invited expressions of interest (EoI) from financial institutions for advancing a term loan to finance a 25 MW solar project in Namrup, ...
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 ...
ADB Offers Over $10 Million to the Maldives to Swap Diesel-Based Grids with Renewables
The Asian Development Bank (ADB) announced that it approved a concessional loan worth $7.74 million and a project grant worth $2.73 million to advance the existing 'Preparing Outer Islands for ...
ADB Extends Nearly $133 Million to Modernize Meghalaya’s Power Distribution System
The Asian Development Bank (ADB) announced that it has approved a $132.8 million loan to modernize the power distribution network in Meghalaya. The loan will be utilized to support a ...
REC Earmarks ₹27.9 Billion Loan to Help Jammu and Kashmir DISCOM With its Dues
REC Limited has approved a ₹27.9 billion (~$380.9 million) loan to the Jammu Kashmir Power Corporation Limited (JKPCL) under the liquidity infusion program of the Indian Government’s Aatmanirbhar Bharat initiative. The ...
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 Blackstone would invest nearly $300 million (~₹22.44 billion) in residential solar loans on the Loanpal platform. According to the press release, Blackstone, ...
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 ...
