Lending & Credit
Renewable energy accounts for only 14% of Asian bank’s financing
No discernible upward trend was seen in the past six years.
Renewable energy accounts for only 14% of Asian bank’s financing
No discernible upward trend was seen in the past six years.
Governments clean energy spending reaches $1.2t: IEA
The investments were fuelled by energy security concerns.
Adani unit raises $200m via refinancing facility
It will refinance the 350MW solar project in Andhra Pradesh.
Could coal-based power still get funding
Asian markets have increased coal output to meet energy demand.
Zenith Energy secures A$440m debt financing
It will be used for its new generation projects, amongst others.
Indonesia bags $500m loan for energy sector, Green Recovery
The loan was approved by the Asian Development Bank.
Israel’s Econergy secures €250m investment for renewable projects
The investment will be provided by RGREEN INVEST.
Indonesia to get $20b under Just Energy Transition Partnership
The country’s plans include peaking the power sector’s total emissions by 2030.
IRENA’s energy transition platform bags $1b investments
The platform aims to ramp up funding for renewable projects in developing countries.
ACWA Power, OIA ink MoU to co-invest in 1.5GW wind project in Egypt
The Oman Investment Authority is looking into owning 10% of the project.
ACEN divests 246MW Philippine coal plant
This is the first-ever transaction completed through the Energy Transition Mechanism.
Australian Government expands ARENA 2022-23 federal budget
This will include A$146.1m for the decarbonisation of the road transport sector.
ACEN Australia bags $75m funding for 8GW renewable energy projects
This CEFC investment will accelerate the development of ACEN’s renewables portfolio.
TNB secures fund for large-scale solar project in Bukit Selambau
CIMB Islamic Bank will provide debt funding for around $39.2m.
Vena Energy, CDPQ partner to develop first green project bond in Japan
It will finance a 35MW solar project.
US sanctions hit Iran’s clean energy sector: report
These have made it challenging for Iran to secure debt and equity finance amongst others.
ACEN issues P10b green bonds
The maiden peso-dominated green bonds were 8.6 times oversubscribed.