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. 

Vietnam’s gas project bags $832m in Japanese loans

The facility will support thermal power plants.

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.

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.