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Singapore-based Vena Energy Issues $325 Mn Green Bond

Vena Energy has announced the successful issuance of a benchmark USD 325 million (5-year 3.133 percent fixed rate) green bond offering. Vena Energy, one of Asia-Pacific’s leading independent power producers (IPP) and pure renewable energy company, has announced the successful issuance of a benchmark USD 325 million (5-year 3.133 percent fixed rate) green bond offering. […]

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ThomasLloyd Investee Firm to Begin Work on 75 MW Solar Project in UP

ThomasLloyd investee firm SolarArise India has issued the first part of a Notice to commence the construction at its new 75 MW Solar Plant in Uttar Pradesh. ThomasLloyd has announced that its’ investee company SolarArise India Projects Private Limited (SolarArise), a Delhi-based solar project developer, has issued the first part of a Notice to Proceed […]

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Greenbacker Enters Tax Equity Commitment With Morgan Stanley Renewables

Greenbacker Renewable Energy has announced that it has completed a tax equity financing commitment with Morgan Stanley Renewables Inc. Greenbacker Renewable Energy Company has announced that it has completed a tax equity financing commitment with Morgan Stanley Renewables Inc. The tax equity financing will be placed on a diversified portfolio of solar commercial and industrial […]

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JPMorgan Commits $200 Bn to Facilitate UN SDGs and Green Initiatives

JPMorgan Chase is taking additional steps to address climate change and further promote sustainable development through a USD 200 billion commitment In 2017, JPMorgan Chase made two sustainability commitments: to facilitate USD 200 billion in clean financing by 2025 and source renewable energy for 100 percent of its global power needs by 2020. And that […]

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The Perfect Storm 2020

Problems demanding solutions are piling up. How will India’s solar sector save 2020? Budget 2020, which carried the hopes of many leaders in the solar sector, has finally come and gone. Even as industry welcomed it with the usual platitudes of ‘good intent’, ‘long term planning’ and praise for the ‘higher allocation’ for renewable energy, […]

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Coronavirus Outbreak a Cause of Concern for Domestic Solar Energy Industry: ICRA

ICRA has said that the outbreak of coronavirus in China poses a concern for domestic solar developers and OEMs due to disruption in the supply chain Rating agency ICRA has said that the outbreak of (COVID-19) coronavirus in China poses a concern for domestic solar developers and original equipment manufacturers (OEMs) due to disruption in the supply […]

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Africa Finance Corp to Invest $63 Mn in 60 MW Wind Farm in Djibouti

Africa Finance Corporation has announced a USD 63 million investment to construct and operate a 60 MW wind project in the Ghoubet area of Djibouti. Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, has announced a USD 63 million strategic investment to construct and operate a 60MW wind project in the Ghoubet […]

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IFC to Assess Potential of Private Investments in Energy Storage Solutions in Burkina Faso

IFC will assess how private investment in energy storage can contribute to higher solar power production while enhancing grid stability in Burkina Faso The International Finance Corporation (IFC), a member of the World Bank Group, has announced that it has signed an agreement with Burkina Faso’s Ministry of Energy to assess how private investment in […]

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Off-Grid Solar Industry now a USD 1.75 Billion Annual Market: Report

The off-grid solar industry has grown into a USD 1.75 billion annual market, providing lighting and other energy to 420 million users, a new report has shown The off-grid solar industry has grown into a USD 1.75 billion annual market, providing lighting and other energy services to 420 million users and remains on a solid […]

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