The loan will finance the Nakornsawan Solar and Hanuman Wind power plants, and deploy fast and standard chargers at charging stations across Thailand. The Asian Development Bank (ADB) and Energy Absolute Public Company Limited (Energy Absolute) signed a 1.5 billion Thai baht ($47.62 million) green loan to finance ongoing renewable energy projects and a countrywide electric […]
EBRD, DEG & GEF Lend US$31.2 Million Loan to Yellow Door for development of Solar Projects in Jordan
EBRD, DEG & GEF Lend US$31.2 Million Loan to Yellow Door for development of Solar Projects in Jordan EBRD, DEG and GEF lend Yellow Door Energy a total of US$ 31.2 million senior secured loans for the development, construction and operation of eight solar plants in Jordan The portfolio with a total capacity of 48.3MW […]
EOI For Advancing Term Loan For Setting Up of 25 MW Namrup Solar Project of APGCL
EXPRESSION OF INTEREST FOR ADVANCING TERM LOAN FROM INTENDING FINANCIAL INSTITUTION TO MEET CAPITAL EXPENDITURE AGAINST SETTING UP OF 25 MWP NAMRUP SOLAR PROJECT OF APGCL Assam Power Generation Corporation Limited (APGCL) invites Expression of Interest for Advancing term loan from intending Financial Institutions to meet capital expenditure against setting up of 25 MWp […]
Tesla Customer Sues Over Solar-Panel Deal Being Reported as Loan
Tesla Customer Sues Over Solar-Panel Deal Being Reported as Loan A Tesla Inc. customer sued the car and clean energy company for reporting a solar-financing agreement on his credit report as a massive loan that damaged his credit rating. Olivier Chaine of Los Angeles said he agreed in March 2017 to have SolarCity, which was […]
REC Policy for Special Long-Term Transition Loan to DISCOMs for COVID 19
REC Policy for Special Long-Term Transition Loan to DISCOMs for COVID 19 For more information please see below link:
ADB Provides $346 Million Loan for Rural Electricity in Maharashtra, India
MANILA, PHILIPPINES: The Asian Development Bank (ADB) has approved a $346 million loan to India to help provide efficient and reliable power connection to rural agriculture customers in the state of Maharashtra. Maharashtra is the second-most populous state in India, and about half of the state’s labor force is engaged in agriculture and related […]
ADB Accelerating Renewable Energy in Mongolia with Advanced BSS
ULAANBAATAR, MONGOLIA: The Asian Development Bank (ADB) has approved a $100 million loan to help supply renewable energy to Mongolia by installing its first large-scale advanced battery energy storage system (BESS). “Mongolia is among the most heavily coal dependent developing member countries of ADB, and its energy sector is the largest contributor to its greenhouse […]
Jaipur discom to borrow Rs 500cr to pay to power cos
According to the sources, the borrowed amount will be used by the department to clear the dues of private companies, so that there is no disruption in power supply Jaipur: The Jaipur Vidyut Vitran Nigam Limited (Jaipur discom) is gearing up to borrow Rs 500 crore from banks to purchase electricity from private companies. As […]
Poland: Electric vehicle battery production in Europe gets boost thanks to EIB loan of €480 million to LG Chem Wroclaw Energy
First EIB loan to LG Chem Group and its Polish subsidiary will support the construction of manufacturing facilities for advanced lithium-ion cells and batteries for battery-powered electric vehicles The project will contribute to the clean energy transition and the shift towards electrification of the European transport industry and secure the supply of advanced li-ion batteries for European […]
ADB, India sign $250 million loan to expand energy efficiency investments in India
The Asian Development Bank (ADB) and the Government of India on 16th December 2019 signed a $250 million loan to Energy Efficiency Services Limited (EESL) to expand energy efficiency investments in India that will benefit agricultural, residential and institutional consumers. In addition, $46 million financing will be provided from the Clean Technology Fund (CTF), to be […]