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ADB Raises €600 Mn via Green Bond to Spur Climate Financing

Further, the bond has a coupon rate of 0.35 percent p.a. payable annually and a maturity date of July 16, 2025. It was priced at 99.924 percent to yield 43 basis points (BPS) over the DBR 0.5 percent February 2025. Philippines-based Asian Development Bank (ADB) has raised €600 million to help finance climate change mitigation […]

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ADB to Provide $45.4 Mn to Spur Off-Grid SPV Pumping for Irrigation in Bangladesh

ADB grant will help in replacing diesel systems with solar powered irrigation to enhance energy security, reduce local pollution, and mitigate climate change. The project is also expected to result in a reduction of 17,261 tons of carbon dioxide emissions annually.   The Asian Development Bank (ADB) will provide USD 20 million loan to Bangladesh […]

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Adani Solar Recognized Globally for its Durability and Reliability

Developers and investors should be aware that not all manufacturers have their modules tested for quality and reliability to vouch for their product lifetime. In a recent report released by DNV GL, the solar manufacturing arm of Adgroup, Mundra Solar PV Limited has emerged as the only Indian company to feature in the fourth annual […]

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China’s – New Solar Policies & Change in Markets

In the first week of June, the china dropped bombshell solar policy change that sent ripples across the board. The country rolled back the subsidies solar developers would enjoy from the government. The change in the Chinese solar policy will also mean the halting of approvals for new solar projects across the country in 2018. […]

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Viz-A-Viz with John Martin Thomas, MD, Talesun Solar, Switzerland AG

Q. Can you please introduce John Martin for us? I am an Overseas Citizen of India (OCI) and did my studies in Switzerland, settled in Italy in Milan. I am the Chairman of the save Indian Royal Heritage that is the (Trust of 560 royal families) for saving our royal heritage viz palaces and forts […]

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Jnana Bharathi Campus of Bangalore University to go Solar from November

University officials said it will be completely free of cost for the varsity as the cost for installation, operation and maintenance will be borne by the Ministry for New and Renewable Energy. Taking a major leap from the conventional source of energy to clean energy, the Jnana Bharathi campus of Bangalore University will completely work […]

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Innergex Renewable Completes JV Partnership with Chile-based Energía Llaima

The Canadian firm has invested an initial amount of USD 10 million via available funds under its corporate revolving credit facilities. Canada headquartered Innergex Renewable Energy has completed its Joint Venture (JV) partnership with Chile-based Energia Llaima for a 50 percent stake in the company. The Canadian firm has invested an initial amount of USD 10 million via available funds under […]

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Electric Vehicles Market in India – A Rocky Road Ahead!

In a bid to reiterate India’s commitment towards climate change during the UN Climate Change Conference (COP-21) in Paris, the union government has braced it’s arms to make a major shift from the petroleum product run vehicles to Electric Vehicles (EVs) by 2030. Though the government of India’s ambition of having more than 10 million […]

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Punjab to Install 20,000 Solar Water Pumps by 2022

solar hydro pumping project would be given impetus which would act as a game changer in the irrigation sector and within a few years span By the year 2020, Punjab government is aiming to install 20,000 solar water pumps across the state. The project will be executed under the solar hydro pumping project. The state […]

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