Discussions under way to introduce risk-sharing mechanism to help banks hedge against loan defaults India’s government and the World Bank are in talks to introduce a risk-sharing mechanism to compensate banks giving loans for electric vehicle purchases, an official said, as the country seeks to decarbonise the transport sector. The risk instrument will help banks […]
Financing of unprecedented EUR 1 billion built-to-sell construction facility including one of the biggest loans ever granted by the European Investment Bank (EIB) under a Project Finance structure EIB loan backed by the EU’s new InvestEU programme Further loans from seven commercial banks Project volume of more than EUR 2 billion in total for renewable […]
SANTA MONICA, CA : Cypress Creek Renewables is pleased to announce the closing of $216 million in financing for its Zier Solar and Storage project. Norddeutsche Landesbank Girozentrale (“NORD/LB”) acted as Coordinating Lead Arranger (CLA), Lender and LC Issuing Bank alongside Rabobank, National Bank of Canada, and the North American Development Bank as Joint Lead […]
Mumbai : State Bank of India (SBI) on Monday said it has entered into an agreement with Tata Power Solar Systems for financing of solar projects. The lender has also set up a dedicated centralized processing cell – ‘Surya Shakti Cell’, at the Ballard Estate in Mumbai, a press release said. The cell will process […]
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 […]
If solar panels can withstand the waters of the typhoon-prone country, they should survive anywhere in the region, said an expert. Will regulators allow ongoing pilot projects to be scaled up? An array of solar panels floats on the waters of San Antonio in San Pedro, one of the cities surrounding Laguna de Bay, the […]
After approving investment for the acceleration of energy storage deployment in developing countries to the tune of US$1 billion a few months ago, the World Bank has now approved a US$300 million loan to do the same in China. China is the world’s most prolific installer of renewable energy and by the end of 2018 […]