Lending & Credit
Philippines to receive $500m in CIF funding to accelerate coal plant retirements
Coal-fired plants accounted for 44% of the country’s installed capacity.
Philippines to receive $500m in CIF funding to accelerate coal plant retirements
Coal-fired plants accounted for 44% of the country’s installed capacity.
Sterlite Power secures $165.2m funding for transmission project
Power Finance Corporation will provide the funding.
CEFC invests $490m in NSW grid infrastructure
This will support the development of the Central-West Orana Renewable Energy Zone.
US invests $126m for Indonesia geothermal plant development
This Phase I Ijen Geothermal will have a 31 MW capacity.
EDB to boost financing for 300 MW Kyrgyz solar project
It will arrange long-term financing of $210m.
ADB and Masdar ink $46.5m loan for Uzbek solar and BESS facility
This is the first renewable facility with a utility-scale battery in Central Asia.
PAG achieves $550m commitment for APAC renewable energy fund
It will initially focus on Japan’s solar power.
Countrywide Hydrogen bags $5.3m government package for flagship project
It is expected to start production in early 2026.
Enfinity bags $135m to boost India's renewable energy
This will fund the construction of 1.2 GW solar and wind projects in five states.
ADB grants $148.5m to enhance Sikkim's power infrastructure
It will replace 580 kilometres of old and low-capacity bare conductors.
Aquila Clean Energy and Farm North Solar Farm secure financing for 4 New Zealand solar projects
The first project will be completed in 2025.
SEC greenlights EDC’s $172.8b green bond offering
This is the second tranche of the EDC Fixed Rate ASEAN Green Bonds.
ACWA Power inks $3b debt financing for 3,600 MW CCGT projects
The financing will be used for the construction of two CCGT projects.
Adani Green bags $400m facility for 750 MW solar projects
The financing is supported by a consortium composed of five international banks.
Akaysha Energy secures $164.4m debt for Queensland battery project
The loan was provided by seven banks.
ADB signs $121.55m financing deal for Bangladesh's 100 MW solar project
The facility can generate around 193.5 gigawatt-hours of electricity yearly.
ADB and Buskowitz commit $12m to boost rooftop solar in the Philippines
This will involve the deployment of 70 MW of rooftop solar projects.
Commentary
Offshore wind power needs Singapore’s expertise as Asia’s reliance on fossil fuels rises