world-bank

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World Bank Approves $1.5 Billion to Accelerate Low-Carbon Energy in India

The World Bank has approved $1.5 billion in financing to bolster India’s efforts in developing low-carbon energy. The initiative, part of the second low-carbon...

July 1, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Daily News Wrap-Up: Odisha Offer for Sale of 500 MW Solar Power

Grid Corporation of Odisha (GRIDCO) has invited bids from intra-state off-takers to buy 500 MW of solar power through a tariff-based competitive bidding process with a...

December 27, 2023

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Mercom Staff

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Daily Wrap-up
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Himachal Pradesh DISCOM Floats Tender for 50 MW Solar Projects

Himachal Pradesh Power Corporation (HPPCL) has invited bids to develop 50 MW of solar power projects anywhere in the state. The scope of work includes design, supply,...

December 26, 2023

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Satish Shetty

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Solar

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Tenders & Auctions
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Blended Finance Key to India’s Transition to Clean Energy: IFC

Blended finance is set to play a crucial role in bolstering India’s transition to clean energy by its capacity to attract greater private investment into impactful...

September 26, 2023

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Rakesh Ranjan

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Finance and M&A

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Other
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World Bank’s $1.5 Billion Loan to Support India’s Low-Carbon Energy Transition

The World Bank Group’s Board of Executive Directors has approved $1.5 billion in financing to accelerate the development of low-carbon energy in India by scaling-up...

June 30, 2023

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Gourav Mishra

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Finance and M&A

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Other

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Renewable Energy
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World Bank Loans $200 Million to Himachal Pradesh to Add 10 GW of Renewables

The World Bank‘s Board of Executive Directors approved a loan of $200 million to the Government of Himachal Pradesh to help the Indian state achieve its target of adding...

June 29, 2023

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Gourav Mishra

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Finance and M&A

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Renewable Energy
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Maldives Invites Bids for 20 MW of Grid-Connected Solar Projects

The Ministry of Finance, Maldives, on behalf of the Ministry of Environment, Climate Change and Technology, has invited bids to select developers to install 20 MW of...

May 16, 2023

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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West African States Kick Off $311 Million Project to Boost Renewables

The new Regional Emergency Solar Power Intervention Project (RESPITE) has commenced operations in Freetown, Sierra Leone, to expand electricity access to millions of...

February 3, 2023

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Arjun Joshi

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Other

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Renewable Energy
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World Bank To Provide $200 Million for Two Solar Projects in India

The World Bank has signed agreements with the Government of India and the Solar Energy Corporation of India (SECI) for loans and grants worth $200 million to deploy...

January 10, 2023

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Satish Shetty

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Finance and M&A

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Other

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Solar
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World Bank to Provide $311 Million for Solar & Storage Projects in West Africa

The World Bank Group has approved $311 million in International Development Association (IDA) financing from its new Regional Emergency Solar Power Intervention Project...

December 23, 2022

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Gourav Mishra

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Other

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Renewable Energy
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Daily News Wrap-Up: Adani Unveils India’s First Large Monocrystalline Silicon Ingot

Here are some noteworthy cleantech announcements of the day from around the world: Adani Solar has introduced India’s first large monocrystalline silicon ingot at...

December 22, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Coal Plant in South Africa to be Repurposed with 220 MW of Solar, Wind and Battery Capacity

The World Bank Group (WBG) recently approved South Africa’s request for a $497 million project to decommission and repurpose the Komati coal-fired power plant using...

November 8, 2022

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Gourav Mishra

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Other

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Renewable Energy
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217,000 Solar Mini Grids Needed by 2030 to Provide Power to Half a Billion People

The world will require over 217,000 solar mini grids at a cumulative cost of $127 billion by 2030 to provide power to half a billion people globally, a report by the...

October 4, 2022

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Gourav Mishra

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Grid

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Grid Optimization

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Microgrid
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Bangladesh and World Bank Sign a $515 Million Loan Agreement for Rural Electrification

The Bangladesh government and the World Bank have signed a $515 million financing agreement for the country’s Electricity Distribution Modernization Program that...

July 1, 2022

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Vijayalakshmi Sridhar

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Grid

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Market & Policy
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World Bank Approves $165 Million Funding for Residential Rooftop Solar Projects in India

The World Bank has approved $165 million in additional financing to accelerate the adoption of rooftop solar by residential consumers by making it more affordable. The...

June 29, 2022

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Vijayalakshmi Sridhar

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Rooftop

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Solar

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