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RE projects

NIIF Ready to Provide Last Mile Funding to Stressed Projects

The government will set up two sub-funds under the NIIF -one in clean energy fund, which will primarily focus on renewable energy and another with focus on highway projects. The National Investment and Infrastructure Fund (NIIF) is ready to provide last mile funding to stressed projects funded by banks. The issue of funding from NIIF […]

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EBRD Approves US$ 500 Million for Private Renewable Energy Projects in Egypt

The European Bank for Reconstruction and Development (EBRD) financing will support the development of private renewable energy projects under the Egyptian government’s feed-in-tariff programme. The European Bank for Reconstruction and Development (EBRD) has taken a major step forward in the rollout of renewable energy with the approval of a US$ 500 million framework to finance […]

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First Solar Secures Syndicated Development Loan Facility from Mizuho for Solar Projects in Japan

This financing represents the first syndicated solar project development loan facility arranged and participated in by Mizuho Bank, and it is the third loan facility First Solar has secured with Mizuho Bank. First Solar has announced that it has signed a syndicated development loan facility agreement of approximately $64 million with Mizuho Bank for utility-scale […]

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SBI to Finance Rs 400 crore for 100 MW of Rooftop Solar Power Projects

With the World Bank-funded capacity development program, the SBI aims to expand and incentivize the market for rooftop solar power projects by way of low cost financing. The State Bank of India has announced its decision to finance 100 MW Solar Power Project worth Rs 400 crore. To this regard, the SBI has secured a […]

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SunPower to Supply 64 Megawatts in First Round of French’s Tender Process for Rooftop Solar Projects

In March this year, SunPower announced that it was the leading solar panel provider in the first round of France’s tender process for large-scale solar power project SunPower has announced that in the first round of France’s tender process for rooftop solar projects, the company will supply 64MW of its high efficiency SunPower E-Series solar […]

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ISA countries support commissioning of a Study on CRMM for Solar Power Generation Projects in Solar Resource Rich Countries

The proposed CRMM will offer a simple and affordable tool that will create a secure environment for private institutional investment in solar assets. Argentina, Burkina-Faso, Chad, France, India, Ivory Coast, Mali, Namibia, Niger, Nigeria, Sénégal, Uganda and Yemen have jointly supported commissioning of a study to define and structure a Common Risk Mitigation Mechanism (CRMM) […]

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International Finance Corporation to Invest 40 Million Dollars in Tata Cleantech Capital to Promote Renewable Energy Projects

World Bank’s private-sector arm will use the money raised through green bonds to financing environment-friendly Renewable Energy Projects. International Finance Corporation is planning to invest up to $40 million in Tata Cleantech Capital Ltd’s (TCCL) green bond issue to help the company expand long-term environment-friendly infrastructure funding. The money raised through green bonds will be […]

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