Lending & Credit
Tata Power Solar and Indian Bank partner to offer financing for rooftop solar
They will offer loans of up to $720 for a capacity installation between 3 KW and 10 KW.
Tata Power Solar and Indian Bank partner to offer financing for rooftop solar
They will offer loans of up to $720 for a capacity installation between 3 KW and 10 KW.
Chinese IPPs’ debts to grow 9.3% for clean energy investments
In 2023, they incurred debts of around $50.3b.
Sonnedix secures $34.4m refinancing for Japanese solar projects
The fund will cover eight solar projects with a total capacity of 19 MW.
Bhutan bags $159.3m loan from EIB for RE projects
This will fund hydropower and solar projects in Bhutan.
ACEN bags $150m green loan
The fund will be used for its growth in other markets.
Aster Renewable bags $257.7m loan from MUFG for RE project
This is MUFG’s first solar lending project in APAC.
Asia to lead grid expansion investments
China will account for 30% of the total investments this year.
Dubai, Masdar reaches financial close for 1,800 MW solar project
This is the sixth phase of the largest single-site solar park globally.
Tata Power unit facilitates $421.6m customer financing for solar projects
This includes financing for C&I and residential customers.
Malaysia’s Ditrolic Energy secures BlackRock’s financial support
The partnership aims to develop over one gigawatt of solar projects.
ADB approves $147m loan for 400 MW solar project development in India
The project will supply electricity to the state-owned power distributor.
ADB, BII introduce green trade finance partnership
This will support energy transitions and climate-smart agriculture initiatives.
ACEN issues guarantee for subsidiary’s $320m loan
ACEN Cayman has loans from Philippines-based banks.
Genesis, FRV Australia reaches financial close for 63 MW solar farm
The project is expected to start generating electricity by the second quarter of FY25.
REC issues its 1st Yen-dominated green bonds worth $414.6m
It is issued at 5-year, 5.25-year, and 10-year tenors.
Taiwan OK’s financial restructuring for Yunlin offshore wind farm
The 640 MW project is expected to be completed in 2024.
Origin to invest $355.1m in UK’s Octopus Energy
This will raise Origin’s stake at Octopus Energy to 23%.
Commentary
Offshore wind power needs Singapore’s expertise as Asia’s reliance on fossil fuels rises