Lending & Credit
ReNew refinances dollar-denominated bonds
ReNew refinances dollar-denominated bonds
It issued $525m bonds in 2019 that will mature in 2024.
Singapore is 3rd most attractive market for energy sector FDI
It posted an index of 72.74%, ranking behind Luxembourg and Hong Kong.
PAG launches renewables development, investment platform
The company is expected to invest more than $1b in the platform
ACEN to issue P30b bonds to fund RE projects
Initial proceeds will fund the Arayat-Mexico Solar Power expansion project amongst others.
Over $3.7b battery storage projects compete for ARENA funding
ARENA has invited 12 projects to apply for $100m funding.
Australian PV researchers get $31.1m gov’t funding
This will enable them to extend their solar research activities to 2030.
Record global energy investment to grow 8% to $2.4t in 2022: IEA
This is on the back of investment in renewables and grids.
India needs up to $250b investment to reach 2030 RE goals: Moody’s
The county targets a 500GW renewable energy capacity by 2030.
Azure Power to invest $12.9m in Premier Energies Group
The two companies also executed a deal for solar cells and modules supply.
Indian RE sector posts record $14.5b investment in FY2021/22
This is due to the increasing electricity demand and net-zero emissions commitments.
SEA needs $190b annual energy investments by 2030: IEA
This amount will help the region reach its climate goals.
Philippine banks still fund coal projects: report
In effect, banks are enabling fossil fuels by underwriting or selling bonds.
Public clean energy spending jumps 50% to $710b since October 2021
Advanced economies accounted for $370b of the amount.
ACEN signs $262.8m loan agreement for SLTEC
Proceeds of equity redemption will be reinvested into renewable energy projects.
IRENA: $5.7t annual investment needed until 2030 to meet 1.5°C Scenario
Around $700b in annual investment in fossil fuel should be reallocated to energy transition technologies.
China’s central bank leads in green finance policies globally: report
It has refinanced loans to borrowers that would cut 28.76 million tonnes of carbon emissions.
CLP Power secures HK$1b emission reduction-linked loan
The loan was the first ESG-linked facility in the Japanese financial market.