Niger Invites Bids to Develop a 50 MW Solar Project

Niger Invites Bids to Develop a 50 MW Solar Project

The Ministry of Petroleum, Energy, and Renewable Energies of the Republic of Niger has floated a tender to develop a 50 MW solar project. The project will be located at ...
/ / Solar, Tenders & Auctions
RUMSL’s 550 MW Solar Auction Won by Avaada Energy and O2 Power

RUMSL’s 550 MW Solar Auction Won by Avaada Energy and O2 Power

Avaada Energy and O2 Power were declared winners in the Rewa Ultra Mega Solar Limited’s (RUMSL) auction for 550 MW of solar projects at the Agar Solar Park in Madhya ...
SBI Has Provided ₹319.18 Billion in Renewable Energy Project Finance as of FY 2021

SBI Has Provided ₹319.18 Billion in Renewable Energy Project Finance as of FY 2021

The State Bank of India (SBI), one of India’s largest public sector banks, declared results for the financial year (FY) 2020-2021, which claimed that the bank had approved over ₹319.18 ...
/ / Other, Renewable Energy
Climate Financing by Multilateral Development Banks Reaches $66 Billion in 2020

Climate Financing by Multilateral Development Banks Reaches $66 Billion in 2020

A group of nine multilateral development banks (MDBs) have published a report on Climate Finance 2020. The report reveals that the MDBs provided a total of $66 billion towards green ...
/ / Finance and M&A, Other
Maldives Launches Tender for 11-14 MW of Solar Projects Across 14 Islands

Maldives Launches Tender for 11-14 MW of Solar Projects Across 14 Islands

The Maldives has issued a tender inviting interested bidders to participate in the pre-qualification process for installing 11-14 MW of solar projects in 14 major islands. The last date for ...
/ / Solar, Tenders & Auctions
Maldives Issues Tender for 40 MW/40 MWh of Battery Energy Storage Systems

Maldives Issues Tender for 40 MW/40 MWh of Battery Energy Storage Systems

The Ministry of Environment, Climate Change, and Technology, Maldives, has invited bids from engineering, procurement, construction (EPC) contractors to install battery energy storage systems (BESS) of 40 MW/40 MWh capacity ...
Japan's JICA to Loan Upto JPY 10 Billion to Tata Cleantech to Finance Renewables

Japan’s JICA to Loan up to JPY 10 Billion to Tata Cleantech to Finance Renewables

Japan International Cooperation Agency (JICA) has signed a loan agreement for a maximum amount of JPY 10 billion (₹6.65 billion) with Tata Cleantech Capital (TCCL), an Indian non-banking financial company ...
/ / Finance and M&A, Other
IFC Subscribes to $56 Million of Continuum's Green Bond Offering in Singapore

IFC Subscribes to $56 Million of Continuum’s Green Bond Offering in Singapore

The International Finance Corporation (IFC), the World Bank Group's financial arm, has extended its support to Continuum Green Energy by subscribing to 10% of the company's first green bond, which ...
/ / Other, Renewable Energy
World Bank Floats EoI for Off-Grid Solar Energy Access Report

World Bank Floats EoI for Off-Grid Solar Energy Access Report

The World Bank has issued expression of interest (EoI) documents seeking consultants for an assignment to chart out an investment roadmap for sub-Saharan African countries to help them achieve universal ...
/ / Off-grid, Solar
World Bank Approves $107 Million for Renewable Energy Transition in Maldives

World Bank Approves $107 Million for Renewable Energy Transition in Maldives

The World Bank approved a $107.4 million project to help the Maldives accelerate its transition to renewable energy. The 'Accelerating Renewable Energy Integration and Sustainable Energy' (ARISE) project builds on ...
/ / Finance and M&A, Other
Nigeria to Set Up Hybrid Solar Projects for Seven Universities

Nigeria to Set Up Hybrid Solar Projects for Seven Universities

Nigeria’s Rural Electrification Agency (REA) has revised the deadline for its Nigeria Electrification Project (NEP). Under NEP, the Nigerian government plans to develop solar hybrid power stations at seven universities, ...
/ / Solar, Utility Scale
Okaya Bags EESL Contract to Set Up 1,020 EV Charging Stations Across India

Okaya Bags EESL Contract to Set Up 1,020 EV Charging Stations Across India

Okaya Power has bagged a World Bank-funded contract from the state-run Energy Efficiency Services Limited (EESL) to deploy 1,020 electric vehicle (EV) charging stations across the country. EESL falls under ...
/ / Electric Vehicles, Grid
Daily News Wrap-Up_ China Adds 1.3 GW of Residential Solar Capacity in October 2020

Daily News Wrap-Up: China Adds 1.3 GW of Residential Solar Capacity in October 2020

Here are some noteworthy cleantech announcements of the day from around the world: China has installed 1.3 GW of residential solar capacity in October 2020, according to the latest data ...
/ / Other, Renewable Energy
World Bank Seeks Consulting Firms for a Floating Solar Project in Odisha

World Bank Seeks Consulting Firms for a Floating Solar Project in Odisha

The World Bank has floated an expression of interest (EoI) seeking consulting firms to help it explore the potential of a floating solar project in Odisha. The floating solar project ...
Daily News Wrap-Up_ Tamil Nadu Transmission Corp Picks Enzen for Smart Grid Solutions

Daily News Wrap-Up: Tamil Nadu Transmission Corp Picks Enzen for Smart Grid Solutions

Here are some noteworthy cleantech announcement of the day from around the world: Trafigura Group has formed a new company to invest in a series of solar, wind, and power ...
/ / 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
ISA, MNRE, and World Bank Get Onboard to Bolster Global Cooperation for Solar Energy

ISA, MNRE, and World Bank Get Onboard to Bolster Global Cooperation for Solar Energy

The International Solar Alliance (ISA), the World Bank, and the Ministry of New and Renewable Energy (MNRE) signed a Memorandum of Understanding (MoU) to implement the ‘One Sun One World ...
/ / Markets & Policy, Solar
ISA to Host World Solar Technology Summit to Promote Latest Advancements

ISA to Host World Solar Technology Summit to Promote Latest Advancements

The International Solar Alliance (ISA) will organize the first-ever World Solar Technology Summit (WSTS)  on Tuesday, September 8, 2020. The summit will bring together key stakeholders - leading academic scientists, ...
/ / Markets & Policy, Solar
Climate Financing By Seven Multilateral Development Banks Totals $61 Billion in 2019

Climate Financing By Seven Multilateral Development Banks Totals $61 Billion in 2019

In 2019, seven of the world’s largest multilateral development banks (MDBs) provided $61.6 billion (~₹4.6 trillion) in climate financing, out of which $41.5 billion (~₹3.09 trillion) was offered to low-income ...
/ / Finance and M&A, Other
World Bank Grants $300 Million to Promote Electricity Trade in West Africa

World Bank Grants $300 Million to Promote Electricity Trade in West Africa

The World Bank announced that it would provide $300 million (~₹22.50 billion) to the International Development Associations (IDA) to accelerate reforms to promote electricity trade in West Africa. The grant ...
/ / Finance and M&A, Other
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
By 2050, Mineral Demand to Soar by 500% Pushed by Renewable Expansion_ World Bank

By 2050, Mineral Demand to Soar by 500% Pushed by Renewable Expansion: World Bank

The World Bank Group (WBG) has released a report that said demand for key minerals used in clean energy technology could grow almost 500% by 2050 to meet growing demand ...
Rooftop Market Needs SBI World Bank Funds to be Disbursed Quickly in Tough Times

Rooftop Solar Market Needs SBI World Bank Funds to be Disbursed Quickly in Tough Times

The rooftop solar has struggled to catch on in India with just over 4 GW installed compared to the government goal of developing 40 GW by 2022. The market declined ...
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 ...
180 Million Off-Grid Solar Units Sold Worldwide Since 2010

180 Million Off-Grid Solar Units Sold Worldwide Since 2010

A new report published by the World Bank and GOGLA (Global Off-Grid Lighting Association) shows that the off-grid solar (OGS) industry has been showing robust growth and has grown into ...
/ / Uncategorized