Lending & Credit
ReNew bags $7.8b to fund green energy projects
The amount will be provided by the Power Finance Corp. and Rural Electrification Corp.
ReNew bags $7.8b to fund green energy projects
The amount will be provided by the Power Finance Corp. and Rural Electrification Corp.
Masdar completes $750m green bond issuance
This is the renewable company’s first green bond issuance.
AMEA Power bags $75m funding from SoftBank
The company currently has clean energy generating capacity of 1.45GW.
ADB approves $125m loan to improve Uzbekistan’s power transmission
This is in line with the Digitize to Decarbonize–Power Transmission Grid Enhancement Project.
ACWA Power bags $100m credit facility from state-owned China Construction Bank
This will be used to fund its projects in the Middle East and Belt & Road countries.
ADB, Samruk Energy ink $214m power deal in Kazakhstan
This will fund the replacement of ‘inefficient” coal-fired combined heat and power plant.
Australia’s fifth largest bank invests big in oil and gas despite net zero ambitions
A report found the Macquarie Group invested some $5b in high-growth oil and gas production.
ReNew Energy subsidiary raises $400m in green bonds
A high-yield issuance outside of India was opened after more than a year of hiatus.
Australia allocates $33.6m for hydrogen, steel R&D
The amount will be split equally between the hydrogen and steel rounds.
Australia’s large-scale new RE construction hits record high in 2022
Clean energy investments reached $4.2b.
JBIC, Vietcombank opens credit line for Vietnam RE projects
It is the second credit line signed by JBIC with Vietcombank.
About $44t needed by 2030 for a successful energy transition: report
Investment of around $35t should be allotted for transition technologies.
Sun Cable sale attracts multiple bids
The bidders included non-existing Sun Cable shareholders.
Global renewable investment reaches record-high $500b in 2022
Energy transition technologies investments also reached a record $1.3t.
East Asia and Pacific account for majority of RE investments globally
Investments in the region were led by China.
India’s Greenko repays $935m global bonds
The bonds were issued by its subsidiaries Greenko Investment and Greenko Mauritius.
NTPC eyes raising $750m Japanese Yen loan
The amount will be used for the development of its projects.
Commentary
Indonesia signals it could abandon science-based taxonomy for coal power plants