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Solar Power Plant
AfBD Approves Financing for 100-Mw Kairouan Solar Project in Tunisia
The Board of Directors of the African Development Bank Group (AfDB) recently approved a $27 million and €10 million loan package to co-finance the construc…
Hydropower Plant
Landbank to Fund Development of 15 MW Small Hydropower Plant in Philippines
The Land Bank of the Philippines (LANDBANK) and Cabanglasan Hydropower Corporation (CHC) have signed a PHP2.6 billion (US$47.2 million) loan agreement to partia…
EDF Signs for Additional 2 Billion Euros of Loans
Debt-laden power giant EDF has signed for a total of 2.2 billion euros ($2.28 billion) in new loans maturing in three years, provided financial breathing space …
Indonesia
Indonesia Bags $500m Loan for Energy Sector, Green Recovery
The loan was approved by the Asian Development Bank.
Carbon Emissions
Deutsche Bank Sets 2030 Targets to Cut Emissions Tied to Loans
Deutsche Bank on Friday said it aimed to reduce the emissions tied to its upstream corporate oil and gas sector loans by 23% by 2030, as part of a series of tar…
Electricity Transmission
EIB Invests Nearly Half a Billion Euros in Major German Grid Expansion Plan
The European Investment Bank (EIB) is providing Dutch-German TSO TenneT with a loan of €450 million ($440 million) for the construction of a 185km electricity …
Smart Grid
Iberdrola Inks €220M Top-Up Loan with EU Bank for Smart Grids in Spain
The loan increase, which brings the total to around €820m, will support the development, modernisation and digitalisation of Iberdrola’s electricity distribut…
Smart Grid
Iberdrola Taps EIB for €220M Smart Grid Development
The European Investment Bank (EIB) and Iberdrola have agreed to increase the green loan signed in 2021 with a top up of €220 million ($215 million) to strength…
Vena Energy Bags JPY5.36B Green Loan for 17MW Solar Project
The project is scheduled to start commercial operation in 2023.
Electric Car
Australian Bank to Scrap Loans for New Diesel and Gasoline Cars as Country Looks to Increase EV Uptake
According to the International Energy Agency, electric vehicle sales hit 6.6 million in 2021.
Solar Power Plant
ReNew’s US $1Bn ECB Loan for Pan-India Renewables Project
ReNew says 12 international lenders, led by Rabobank, will finance the largest ECB project finance loan in India’s renewable sector, for any single project.
Solar Power Plant
ADB, Masdar to Build 230MW Solar Power Plant in Azerbaijan
The loan financing the project is worth $21.4m.
Spain
Iberdrola and EU Bank Ink €550M Loan to Boost Renewable Energy in Spain
The loan will support the construction of solar and wind farms with a total capacity of around 1,800MW, generating enough electricity to power around one millio…
Japan
Vena Energy Bags $63.4M Green Loan for 26MW Solar Project in Japan
It is co-financed by the Sumitomo Mitsui Trust Bank.
Natural Gas
Ukraine’s Largest Gas Company Secures €300M Loan
The funding will help the company secure gas stocks for the winter.
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