Lending & Credit
IREDA OKs up to INR 5,000 crore fundraising for green energy financing
IREDA OKs up to INR 5,000 crore fundraising for green energy financing
This will proceed following approval from shareholders and authorities.
2 days ago
Meralco to tap $1.28b loan facility for LNG venture
It is payable in 12 years.
Quinbrook closes $451.25m debt financing for Queensland battery storage project
It was provided by five banks.
India’s green investments to surge fivefold through 2030
Over half will specifically go to renewable energy.
Vena Energy, MGreen reach financial close for 550 MW Bugallon solar plant
This will be completed in Q4.
Alternergy bags $17.07m financing for Balsik solar project
This will fund the construction of the plant.
ADB OKs $92.6m financing deal to develop Indonesia’s geothermal energy
This will fund expansion of an existing plant, and the development of a new one.
World Bank OKs $3.5m financing for Uzbek solar plant
This facility will be commissioned later this year.
India’s VGF scheme enough to fund Indian BESS deployment
The country was urged to accelerate the distribution of funding available.
Alternergy receives second tranche of funding for Tanay wind project
The first tranche was given in November.
Neoen secures $870m for Australian renewables expansion
This will finance three new assets.
World Bank OKs $350m grant for Tajikistan’s Rogun hydropower plant
This will provide better electricity access to 10 million people.
Cubico achieves financial close for Wambo wind project
This will power over 200,000 homes.
Sri Lanka’s energy sector gets $30m funding boost
This will support promotion of more RE projects.
Pakistan bags $200m loan for power distribution upgrade
This will fund installation of at least 332,000 advanced metering infrastructure.
Clean power must meet Asian demand amidst fading coal investment
Weaning the region off coal is a challenge, with rising electricity requirements.
Alternergy bags $68.8 m loan for Tanay wind project
The fresh loan was secured from a bank.
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1. Reliance Power names new CEO and director 2. Chinese firms install 24 GW of energy capacity in Belt & Road countries 3. NTPC Green Energy unit bags 300 MW solar project in NHPC tender 4. IREDA OKs up to INR 5,000 crore fundraising for green energy financing 5. Pine Wind Power to acquire stake in Formosa offshore wind farmResource Center
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