NEW DELHI: In one of the largest overseas green bonds raised by an Indian clean energy producer, GIC Holdings Pte. Ltd and Abu Dhabi Investment Authority (ADIA) backed Greenko Energy Holdings raised $950 million on Monday. The bond raise followed after the two sovereign wealth funds agreed to pump in an additional $329 million in Greenko Energy Holdings. Mint reported about the proposed bond raise on 17 Jul ...

Cambodia’s council of ministers announced Friday that it has approved four new large-scale solar power projects with 140 MW of total capacity. The projects, which were submitted by local group Schneitec Infinite, Chinese panel maker Risen Energy, Ray Power Supply, and Green Sustainable Ventures, will be constructed on a Build-Own-Operate (BOO) basis. A 20 MW solar park will be located in the Bavet province, ...

The "New Silk Road" or Belt and Road Initiative is an ambitious project expanding China's trade and industrial reach into the rest of Asia and the world. Powered by traditional fossil energy sources, such a massive project creates another source pumping tons of CO2 into the atmosphere for decades to come. There is an alternative. China has a penchant for building things in a big way. That's certainly the ca ...

ITOCHU Corporation (headquartered in Minato-ku, Tokyo; announced today that it will cooperate with solar power generation solution companies to install solar photovoltaic (PV) generation facilities on the roofs of its customers’ distribution and retail stores, factories and other facilities without any initial payment in Japan and overseas to supply solar electricity to customers in the long term through it ...

JinkoSolar has supplied 100MW of its high efficiency PV modules for the Srepok 1 and Quang Minh Solar Power Plant Complex, which stands as one of Vietnam's largest solar power projects up to today. Located in Buon Don district in the Central Highlands province of Dak Lak, the PV installation began commercial operations in January 2019 after beginning construction back in October 2018. A total of US$95 milli ...

The Asian Development Bank (ADB) along with Southeast Asian governments and major development financiers has launched the “ASEAN (Association of Southeast Asian Nations) Catalytic Green Finance Facility,” a new initiative that aims to mobilize more than $1 billion in green infrastructure investments across Southeast Asia. The initiative is expected to provide loans and technical assistance for sovereign gre ...

The Association of Southeast Asian Nations, the Asian Development Bank (ADB) and major financiers on Thursday launched a facility to spur more than US$1 billion (31.78 billion baht) in green infrastructure investments across Southeast Asia. The facility offers loans and technical assistance for sovereign projects in areas such as sustainable transport and clean energy, the ADB said during the meetings of As ...

The Asian Development Bank (ADB) has agreed to invest USD 50 million (EUR 44m) in Avaada Energy Private Limited (AEPL) to aid the Indian renewables developer in expanding solar power generating capacity. ADB said in a statement that the current equity investment will help Avaada Energy to exceed 2 GW of capacity, having in mind that the company has already secured power purchase agreements (PPAs) for about ...

AYALA CORPORATION’S POWER ARM AC ENERGY IS LOOKING FORWARD TO CLOSE A FINANCIAL DEAL WORTH $1 BILLION FOR RENEWABLE POWER PROJECTS FOR THE NEXT 12-18 MONTHS. The planned project will have a capacity of around 800 MW and will be located in Australia, Vietnam, and Philippines. “In Australia, we are hoping to get financial close for the first half of our 700-MW solar project, so call it 350 MW. For Vietnam, I ...

 Ayana Renewable Power Pvt Ltd will receive USD 330 million (EUR 290.4m) in funding from CDC Group plc and two new investors -- EverSource Capital and the National Investment and Infrastructure Fund of India (NIIF). The announcement came on Thursday and follows earlier reports in Indian media that EverSource Capital was to infuse about USD 100 million in Ayana. Founded by CDC, the UK's development fina ...