In Short : IREDA has raised ₹2,005.90 crore through a Qualified Institutions Placement (QIP), issuing 12.15 crore equity shares at ₹165.14 each. The issue was oversubscribed 1.34 times, with LIC acquiring nearly half. Funds will strengthen IREDA’s Tier-I capital and support renewable energy financing, reinforcing investor confidence and advancing India’s green energy transition goals. In […]
Zelestra Secures Green Financing to Power 81 MW Solar Project with Meta Partnership – EQ
In Short : Zelestra has secured $113 million in green financing from Banco Santander for its 81 MW Jasper County Solar Project in Indiana, set to be operational by late 2025. The project includes a long-term energy agreement with Meta and supports Zelestra’s 7 GW U.S. pipeline. This deal marks a key step in expanding […]
CMD, IREDA Outlines Vision for Strengthening Green Financing Ecosystem at RBI Policy Seminar – EQ
In Short : New Delhi – The CMD of IREDA outlined a vision to strengthen India’s green financing ecosystem at an RBI policy seminar. Emphasizing the need for innovative financial tools, tax incentives, and risk-sharing mechanisms, he called for collaboration with RBI and global best practices to support India’s 500 GW renewable energy target by […]
IREDA Showcases Green Financing Leadership at Make in Odisha Conclave 2025 – EQ
In Short : At the Make in Odisha Conclave 2025, PM Narendra Modi visited IREDA’s pavilion, themed “Responsible for Renewables.” CMD Pradip Kumar Das highlighted IREDA’s role in financing clean energy for India’s 500 GW non-fossil fuel target by 2030. IREDA reaffirmed its commitment to supporting India’s green energy transition and achieving net-zero emissions by […]
ADB, Bogd Bank Partner to Provide Green Financing for Women-Owned MSMEs in Mongolia – EQ
In Short : ADB and Bogd Bank have partnered to provide green financing for women-owned MSMEs in Mongolia. This initiative aims to empower women entrepreneurs while promoting sustainable business practices and supporting the country’s green economic growth. In Detail : ULAANBAATAR, MONGOLIA : The Asian Development Bank (ADB) and Bogd Bank JSC have signed a […]
Govt homes in on Rs 25,000 crore projects for green financing – EQ Mag
New Delhi: The government has identified projects worth ₹25,000 crore that will be financed by proceeds from sovereign green bonds issued in the current fiscal and the next as part of its green-funding push, officials said. The projects already identified for green financing are largely in renewable energy and clean transportation segments, one of them […]
5 Barriers That Hinder Green Financing
Implementing nature-based solutions (NbS) can be an impactful strategy to confront biodiversity and climate crises, while promoting sustainable rural development and generating financial, social and investment returns. Despite this, NbS face multiple difficulties in implementation, with lack of financing as a critical obstacle. Unlocking investment to close the gap will require investors, governments and infrastructure […]
How to get green financing to take off – EQ Mag Pro
An economic return alone might not be sufficient to induce green financing. A more holistic rate of return, considering the social cost of carbon, will be appropriate Climate finance, or Green Money, remains a critical bottleneck for India in its journey towards the Net Zero 2070 objective and to create a resilient system through climate […]
$134 Million UK Fund to Help Catalyze Green Financing in Southeast Asia – EQ Mag Pro
MANILA, PHILIPPINES : The Asian Development Bank (ADB) and the Government of the United Kingdom (UK) have signed a memorandum of understanding to develop a £107 million (around $134 million) trust fund to support efforts by Association of Southeast Asian Nations (ASEAN) countries to scale up green financing and shift to low-emission, climate-resilient development. The […]
Green Financing Critical to Decarbonizing the Indian Transport Sector – EQ Mag Pro
Green Financing Critical to Decarbonizing the Indian Transport Sector NITI Aayog and WRI India Conduct Consultation Workshop to Identify Potential Financing Solutions to Accelerate Sustainable Mobility NITI Aayog and World Resources Institute (WRI), India, with the support of GIZ India, conducted a virtual consultation workshop on ‘Financing for Decarbonization of Transport’ as part of the […]