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solar project finance

Uzbekistan’s PPP Based 900 MW Solar Tender, Gets IFC Backing

Uzbekistan has signed a mandate with IFC, to develop up to 900 MW of solar power through public-private partnerships (PPPs). Uzbekistan is advancing quickly to diversify its energy matrix and meet its target to develop up to 5 gigawatts (GW) of solar power by 2030. The country has signed a mandate with the International Finance […]

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Lightsource BP Acquires 300 MW Solar Projects Pipeline in Spain

Lightsource BP has acquired a 300-MW solar PV project pipeline in Spain from renewable energy firm Forestalia. Lightsource BP, a global leader in the funding, development and long-term operation of solar projects backed by BP, has announced that it has acquired a 300-MW solar PV project pipeline in Spain from renewable energy firm Forestalia. The company in […]

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Ayala’s AC Energy Forms JV to Undertake Solar Projects in India and Asia Pacific

UPC-AC Energy Solar, a new JV between AC Energy and UPC Solar Asia Pacific has been formed for undertaking solar power projects in the Asia- Pacific region. UPC-AC Energy Solar, a new joint venture company between AC Energy (Ayala’s energy platform) and UPC Solar Asia Pacific (UPC Renewables’ solar energy platform) has been formed for […]

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Can Rooftop Solar be the Game Changer to Achieve India’s Ambitious Solar Target?

India is on its way to phase out fossil-based energy generation and adopt green energy. The growing population and the need for energy align with India’s transition initiatives, thus satisfying energy demands and in the process reducing the carbon footprint. The country’s per capita energy consumption currently stands close to one-third of the world’s average. […]

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Does Solar Rooftop Need to Take a Cue from Compulsory rainwater harvesting?

After Prime Minister Narendra Modi expressed his concern via ‘Mann Ki Baat’ program about water crisis, rainwater harvesting also become the talk of the town, like solar these days. India has shown massive capacity additions in solar but has fallen behind on its target of achieving 40 GW rooftop solar by 2022. Here’re a few […]

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Urja Global to Raise $500 mn for Financing EVs and Green Projects

Urja Global has received approval from its shareholders for the issuance of a USD 500 million green bonds to finance EVs and green projects Renewable energy firm Urja Global has recently revealed that it has received approval from its shareholders for the issuance of a USD 500 million (Rs 3,500 crore) green bond to finance […]

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ADB Grants $37 Mn for Southeast Asia’s Largest Floating Solar Project

ADB has signed an agreement with DHD for the installation of a 47.5 MW floating solar facility which will be the largest such installation in Southeast Asia. The Asian Development Bank (ADB) has signed a USD 37 million loan agreement with Da Nhim–Ham Thuan–Da Mi Hydro Power (DHD) to finance the installation of a 47.5 […]

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AfDB Grants Loan for 18 MW Solar Plus Storage Project in Chad

AfDB has approved a loan of 18 million euros for the establishment of the solar plus storage facility of Djermaya in Chad. The African Development Bank (AfDB) has approved a loan of 18 million euros and a Partial Risk Guarantee (GPR), for the establishment of the solar power station of Djermaya in Chad. Storage The […]

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EBRD, GCF Commit $6.4 mn for Solar Plant in Kazakhstan

EBRD and GCF are loaning up to USD 6.4 million to finance a new 10 MW solar plant in the Zhanakorgan District in southern Kazakhstan. The European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF), are stepping up their efforts to support renewables in Kazakhstan with a loan of up to […]

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