Lending & Credit
India’s VGF scheme enough to fund Indian BESS deployment
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.
ADB inks $24.3m financing package for grid-connected solar plant in Bangladesh
Nearly 40 GWh of electricity will be generated annually.
First Gen's hydro unit bags $119.13m loan
Three major banks provided the financing.
ADB inks $820m loan for 12 renewable energy projects in Thailand
This will fund solar and battery storage projects.
Jinko Power reaches financial close for 400 MW solar project in Saudi Arabia
The project is set for commissioning in 2025.
ADB OKs $200m loan to upgrade Sri Lanka’s power infrastructure
Half of the country’s generation last year came from thermal power.
Alternergy receives initial tranche from $136m funding for Tanay project
This is funding the Tanay wind project.
Green energy lending dominates companies’ portfolio
Capital is increasingly shifting towards clean energy projects.
Smart grid funding fell by 33% in in the first nine months of 2024
However, venture capital funding increased by 13% YoY.
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Malaysia’s largest renewable energy developer received recognition for its digital transformation in power generation and advancements in sustainable hydropower development.
