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World Bank

Canadian Solar Secures Financing to Invest in Solar Development in Italy

Canadian Solar has secured a EUR 55 million bilateral Revolving Credit Facility to fund the construction of a 151 MWp of solar PV portfolio in Italy Canadian Solar, one of the world’s largest solar power companies, has announced that it has secured a EUR 55 million bilateral Revolving Credit Facility with Intesa Sanpaolo to fund the construction of a 151 […]

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Ignitis Borrows EUR 60 Mn From EIB for its First Wind Farm

EIB has signed a loan agreement with Pomerania Wind Farm, a subsidiary of Ignitis Renewables for the construction and operation of a 94 MW wind farm More wind farms will see the light near the Baltic coast in Poland. The European Investment Bank (EIB) has signed a loan agreement with Pomerania Wind Farm, a subsidiary […]

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TenneT Secures EUR 250 Mn Loan for Offshore Wind Transmission Link

TenneT has secured EUR 250 million loan to enable the transmission of rapidly growing amounts of offshore wind energy to users in the Netherlands and beyond The European Investment Bank (EIB) has signed a EUR 250 million loan agreement with TenneT Holding. The financing will be used for the western section of TenneT’s “Zuidwest 380 […]

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Goldman Sachs Forms JV to Develop Distributed Solar Projects

US -based TELOS Clean Energy has announced the closing of a JV with Goldman Sachs to develop, construct, own, and operate distributed solar power projects. TELOS Clean Energy has announced the closing of a joint venture (JV) with Goldman Sachs’ Alternative Energy Investing Group to develop, construct, own, and operate distributed solar power projects. The […]

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GUVNL 500 MW Solar Tender Attracts Only 3 Bids Worth 430 MW

GUVNL has revealed all the technically qualified bidders for its 500 MW solar PV power projects tender. Receiving only 3 bids worth 430 MW. The Gujarat Urja Vikas Nigam Limited (GUVNL) has revealed all the technically qualified bidders who will now participate in the price bids stage and e-reverse auction for the tender for the […]

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India-EU Partnership on Energy Research in RE and Smart Grids

India-EU Flagship Call for cooperation in energy research and innovation, mainly in renewable energy and its integration in the energy system. India-European Union (EU) Flagship Call on Integrated Local Energy Systems was announced at India Smart Utility Week 2020. This partnership between Indian and the EU will help in Clean Energy and Climate and this […]

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Financing Global Energy Transformation Through Green Bonds: IRENA

IRENA has highlighted green bonds as an innovative instrument that can help channel substantial global capital into renewable energy and other green assets. Despite the positive renewable energy investment trends over the past decade, annual investments in renewable energy power alone need to double until 2050 to meet climate goals. To allocate enough capital to […]

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Krannich Solar Inks Global Cooperation Pact with GoodWe

Krannich Solar, one of the leading wholesalers for photovoltaics, has entered into a cooperation pact with GoodWe, one of the global leaders in solar inverter manufacturing, for the global sale of their products. Post successful cooperation in countries like Australia and India, Krannich has now extended its partnership with GoodWe to the European market. The […]

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LONGi Rated With Highest Altman-Z Score by BloombergNEF

LONGi has been rated with the highest Altman Z score of all the publicly quoted pure-play solar manufacturers by BloombergNEF In February, BloombergNEF, a leading provider of global PV business dynamics and financial information had released the “1Q 2020 Global PV Market Outlook”. LONGi, which is one of the world’s leading solar module manufacturer, was […]

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