Lending & Credit

ACEN loans $510,200 to wind subsidiary

The short-term loan was executed on 30 January.

ARENA allocates $20.8m for Western Australia grid project

This will fund the development of a system that will operate Distributed Energy Resources.

IREDA OKs up to INR 5,000 crore fundraising for green energy financing

This will proceed following approval from shareholders and authorities.

India’s green investments to surge fivefold through 2030

Over half will specifically go to renewable energy.

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.

World Bank OKs $350m grant for Tajikistan’s Rogun hydropower plant

This will provide better electricity access to 10 million people.

Sri Lanka’s energy sector gets $30m funding boost

This will support promotion of more RE projects.