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Energy Finance & Investment News in Asia

IFC provides US$103 M financing for solar projects in India

IFC provides US$103 M financing for solar projects in India

🕔Jul 21, 2017

 IFC, a member of the World Bank Group, has invested INR 6.67 billion (US$103 million) in L&T Infrastructure Finance Company Ltd. by subscribing to the first official Green Bonds in India.

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IPPToday #19: EIB backs EUR 4.3bn of energy investments

IPPToday #19: EIB backs EUR 4.3bn of energy investments

🕔Jul 19, 2017

The European Investment Bank (EIB) board has approved €4.3 billion (~US$5 billlion) in financing for the development of energy projects, including renewables, in Europe and India.

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IPPToday #18: Saudi Arabia launches RFQ for 400 MW wind project in Dumat Al Jandal

IPPToday #18: Saudi Arabia launches RFQ for 400 MW wind project in Dumat Al Jandal

🕔Jul 18, 2017

The Renewable Energy Project Development Office (REPDO), of Saudi Arabia’s Ministry of Energy, Industry and Mineral Resources, has today issued the request for qualification (RFQ) for 400 MW of wind power in Dumat Al Jandal, in Al Jouf region of Saudi Arabia.

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IPPToday #17: K-Electric unveils plan for 900 MW power project

IPPToday #17: K-Electric unveils plan for 900 MW power project

🕔Jul 17, 2017

K-Electric has unveiled the plan for the development of a 900 MW power project that will significantly increase generation capacity and play a critical role in further supporting the energy needs of Karachi, Pakistan.

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GE Energy Financial Services raises solar energy fund in Japan

GE Energy Financial Services raises solar energy fund in Japan

🕔Jul 10, 2017

GE Energy Financial Services, the energy investing unit of General Electric, has raised the largest solar energy fund in Japan to invest in Japanese solar power projects.

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EBRD to back another 50-MW Kazakh solar project

EBRD to back another 50-MW Kazakh solar project

🕔Jul 6, 2017

The European Bank for Reconstruction and Development (EBRD) has announced the signature of a mandate letter for the co-financing of a new solar plant in Kazakhstan near the world-famous space centre in Baikonur.

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Armenia's tender for 55-MW solar project attracts 20 bids

Armenia's tender for 55-MW solar project attracts 20 bids

🕔Jul 5, 2017

Armenia's Ministry of Energy Infrastructures and Natural Resources has received applications from 20 different bidders from China, USA, Germany, Spain, South Korea, Iran and other countries for the construction of the 50 MW solar project near the village of Masrik in the province of Gegharkunik.

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Everbright secures biomass electricity and heat cogeneration project

Everbright secures biomass electricity and heat cogeneration project

🕔Jul 4, 2017

China Everbright Greentech Limited has announced that it has secured Wendeng Biomass Electricity and Heat Cogeneration Project.
 

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IPPToday #8: TEDA issues RfP for 500-MW solar park in Tamil Nadu

IPPToday #8: TEDA issues RfP for 500-MW solar park in Tamil Nadu

🕔Jul 3, 2017

The Tamil Nadu Energy Development Agency (TEDA) has issued a request for proposal (RFP) for the development of a 500 MW solar park in the state through solar power park developers (SSPDs).

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ADB to support Cambodian solar PPPs

ADB to support Cambodian solar PPPs

🕔Jun 30, 2017

The Asian Development Bank (ADB) is supporting Electricite Du Cambodge (EDC) in setting up a national solar park program to exploit Cambodia’s solar resources.

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IPPToday #6: Indian state of Maharashtra to tender 2 GW of solar projects

IPPToday #6: Indian state of Maharashtra to tender 2 GW of solar projects

🕔Jun 29, 2017

The Maharashtra State Power Generation Company (MAHAGENCO) has launched the expression of interest (EoI) for the development of of up to 2 GW of new solar power capacity across Maharashtra.

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IPPToday #5: New tender in India for 750 MW solar parks in Rajasthan

IPPToday #5: New tender in India for 750 MW solar parks in Rajasthan

🕔Jun 28, 2017

Solar Energy Corporation of India (SECI) has launched another solar tender for the 750-MW Grid Connected Solar Photo Voltaic Power Projects in the state of Rajasthan.

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IPPToday #1: Tamil Nadu solar auction attracts 3.7 GW of bids

IPPToday #1: Tamil Nadu solar auction attracts 3.7 GW of bids

🕔Jun 20, 2017

A tender by Tamil Nadu Generation and Distribution Corporation (TANGEDCO) to procure 1500 MW of solar power has been oversubscribed, with 3,780 MW of bids.

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EBRD and FMO to finance a 51-MW solar project in Jordan

EBRD and FMO to finance a 51-MW solar project in Jordan

🕔Jun 20, 2017

The European Bank for Reconstruction and Development (EBRD)  has agreed to provide a total of US$70 million to finance the construction of an up to 51-MW solar park in Jordan. 

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Cleanergy to construct a CSP farm in China

Cleanergy to construct a CSP farm in China

🕔Jun 19, 2017

Cleanergy and Datang Holdings New Energy Technologies have entered the execution phase of a Stirling Concentrated Solar Power (CSP) project in China.

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First Solar signs Loan Facility from Mizuho Bank for Utility-Scale Solar Projects in Japan

First Solar signs Loan Facility from Mizuho Bank for Utility-Scale Solar Projects in Japan

🕔Jun 16, 2017

First Solar, Inc. has announced today that has signed a syndicated development loan facility agreement of approximately JPY7 billion (US$64 million) with Mizuho Bank Ltd. 

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800-MW phase III Mohammed bin Rashid Al Maktoum Solar Park reaches FC

800-MW phase III Mohammed bin Rashid Al Maktoum Solar Park reaches FC

🕔Jun 15, 2017

The financing for Phase 3 of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai has been completed. The 800-MW project is being developed by a Masdar-led consortium.

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India approves another wind tender of 1000 MW

India approves another wind tender of 1000 MW

🕔Jun 14, 2017

The Solar Energy Corporation of India (SECI), a company of the Ministry of New and Renewable Energy (MNRE), has launched a tender process for 1,000 MW of Interstate Transmission System (ISTS)-connected wind power projects under Tranche-II.

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EBRD invests in second 50-MW solar project in Kazakhstan

EBRD invests in second 50-MW solar project in Kazakhstan

🕔Jun 14, 2017

The EBRD is financing the 50 MW Burnoye Solar-2 project in Kazakhstan in partnership with the multilateral Clean Technology Fund (CTF).

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SK-E&C to develop 545-MW hydro project in Pakistan

SK-E&C to develop 545-MW hydro project in Pakistan

🕔Jun 12, 2017

Khyber Pakhtunkhwa's government (Pakistan) has decided to carry out the 545-MW Kaiga Hydro project at Kandia valley in Kohistan.

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