Lending & Credit
Masdar completes $750m green bond issuance
This is the renewable company’s first green bond issuance.
Masdar completes $750m green bond issuance
This is the renewable company’s first green bond issuance.
AMEA Power bags $75m funding from SoftBank
The company currently has clean energy generating capacity of 1.45GW.
ADB approves $125m loan to improve Uzbekistan’s power transmission
This is in line with the Digitize to Decarbonize–Power Transmission Grid Enhancement Project.
ACWA Power bags $100m credit facility from state-owned China Construction Bank
This will be used to fund its projects in the Middle East and Belt & Road countries.
ADB, Samruk Energy ink $214m power deal in Kazakhstan
This will fund the replacement of ‘inefficient” coal-fired combined heat and power plant.
Australia’s fifth largest bank invests big in oil and gas despite net zero ambitions
A report found the Macquarie Group invested some $5b in high-growth oil and gas production.
ReNew Energy subsidiary raises $400m in green bonds
A high-yield issuance outside of India was opened after more than a year of hiatus.
Australia allocates $33.6m for hydrogen, steel R&D
The amount will be split equally between the hydrogen and steel rounds.
Australia’s large-scale new RE construction hits record high in 2022
Clean energy investments reached $4.2b.
JBIC, Vietcombank opens credit line for Vietnam RE projects
It is the second credit line signed by JBIC with Vietcombank.
About $44t needed by 2030 for a successful energy transition: report
Investment of around $35t should be allotted for transition technologies.
Sun Cable sale attracts multiple bids
The bidders included non-existing Sun Cable shareholders.
Global renewable investment reaches record-high $500b in 2022
Energy transition technologies investments also reached a record $1.3t.
East Asia and Pacific account for majority of RE investments globally
Investments in the region were led by China.
India’s Greenko repays $935m global bonds
The bonds were issued by its subsidiaries Greenko Investment and Greenko Mauritius.
NTPC eyes raising $750m Japanese Yen loan
The amount will be used for the development of its projects.
SEACEF to invest in Skye Renewables
This is in pursuit of Skye’s 300Mwp rooftop solar installation target.
Commentary
Offshore wind power needs Singapore’s expertise as Asia’s reliance on fossil fuels rises