Lending & Credit
Solar corporate funding down 10% in H1 2024: Mercom Capital
This was despite a 9% increase in the number of deals.
Solar corporate funding down 10% in H1 2024: Mercom Capital
This was despite a 9% increase in the number of deals.
ADB backs Sri Lanka’s power reforms with $100m loan
Another $1m technical assistance will also be granted.
Kyrgyzstan secures $13.6m boost for Kambarata-1 Hydropower Plant
The project is seen to generate almost half of the country’s current output.
REC bags $200m green loans from Deutsche Bank AG
This will finance renewable energy projects in India.
Enfinity Global secures $164m financing for Japan solar portfolio
This covers seven utility-scale solar plants.
Vietnam’s gas project bags $832m in Japanese loans
The facility will support thermal power plants.
HSBC, Leader Energy ink $23.13m loan for solar project in Vietnam
This will refinance a 50-MW solar facility.
ACEN secures $150m green term loan to boost APAC expansion
This has a five-year term.
Genex completes $162m refinancing for two solar plants
This will be for another five years.
World Bank OKs $1.5b for India’s low-carbon transition
This will boost the development of green hydrogen and renewable energy.
India approves VGF scheme for offshore wind projects
It includes funding for two 500 MW projects in Gujarat and Tamil Nadu.
TagEnergy achieves financial close for 577 MW wind project
The project is the second stage of the 1.3 GW Golden Plains Wind Farm.
KTB links EGAT’s operating account to green deposit, boosting Thai energy sustainability
This is a first for Thai commercial banks.
India requires $385b investment for power sector transition
The country aims to reach 500 GW of renewable energy by 2030.
Alternergy bags $90.3m loan for 64 MW wind project
The loan will be provided by Rizal Commercial Banking Corporation.
First Gen needs $9b to boost RE capacity
The company has to increase its capacity by almost four times to reach 13 GW by 2030.
Alternergy raises $340.7m funding for RE projects
It is developing two wind farms and a solar farm that are targeted to start by 2025.
Commentary
Offshore wind power needs Singapore’s expertise as Asia’s reliance on fossil fuels rises