Lending & Credit

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.