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Energy Finance & Investment News in Asia

PPAs signed for 750-MW Rewa solar project in India

PPAs signed for 750-MW Rewa solar project in India

🕔Apr 21, 2017

India’s State Government of Madhya Pradesh signed project agreements with solar power companies making Rewa Ultra Mega Solar Park a reality and helping India get closer to its 100 GW solar energy goal by 2022.

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Winners announced for India’s first wind tender

Winners announced for India’s first wind tender

🕔Apr 20, 2017

Solar Energy Corp of India Ltd (SECI) has officially announced the winners of India's first wind tender involving 1-GW of capacity's auction.

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WAPDA awards 243-MW Warsak hydropower plant in Pakistan

WAPDA awards 243-MW Warsak hydropower plant in Pakistan

🕔Apr 20, 2017

The Pakistan Water and Power Development Authority (WAPDA) awarded the contract of consultancy services worth PKR868 million (US$8.23 million) through an international competitive bidding for 2nd Rehabilitation of Warsak Hydroelectric Power Station to a Joint Venture comprising four firms led by Dolsar from Turkey.

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Medco and Ratchaburi sign Riau gas-fired PPA

Medco and Ratchaburi sign Riau gas-fired PPA

🕔Apr 19, 2017

Ratchaburi Electricity Generating Holding Public Company Limited (RATCH) announced its successful expansion into Indonesia by awarding the natural gas-fired combined-cycle Riau power plant with 275-MW capacity.

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Saudi Arabia shortlists firms for 700MW of wind and solar

Saudi Arabia shortlists firms for 700MW of wind and solar

🕔Apr 18, 2017

The Renewable Energy Project Development Office (REPDO), of Saudi Arabia’s Ministry of Energy, Industry and Mineral Resources, has shortlisted qualified companies for round one of the National Renewable Energy Program (NREP).

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Indonesia’s 2GW coal-fired plant gets US$3.36bn financing

Indonesia’s 2GW coal-fired plant gets US$3.36bn financing

🕔Apr 17, 2017

A consortium of Asian banks will provide US$3.36 billion in loans to support the expansion of the Tanjung Jati B coal-fired power plant project in Indonesia.

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Sembcorp wins contract for a wind power project in India

Sembcorp wins contract for a wind power project in India

🕔Apr 12, 2017

Sembcorp’s renewable energy business in India has won a bid for a new wind power project with close to 250 MW in capacity.

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Chevron sells Indonesian Renewable Assets

Chevron sells Indonesian Renewable Assets

🕔Apr 10, 2017

AC Energy Holdings, Inc., a wholly-owned subsidiary of Ayala Corporation, and its Indonesian joint venture partners have completed the acquisition of Chevron Corp.’s geothermal assets and operations in Indonesia

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World Bank Board Approves US$100 million for Large-Scale Solar Parks in India

World Bank Board Approves US$100 million for Large-Scale Solar Parks in India

🕔Apr 10, 2017

The World Bank Board has approved US$100 million to help India increase its power generation capacity through cleaner, renewable energy sources.

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ENGIE signs US$1.25 B of PV and biomass agreements in Indonesia

ENGIE signs US$1.25 B of PV and biomass agreements in Indonesia

🕔Apr 7, 2017

ENGIE Group has signed three partnership agreements in Jakarta to develop, co-finance, build, operate and maintain microgrid and other renewable energy projects in various parts of Indonesia, for a total value of US$1.25 billion over the next five years.

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Canadian Solar secures project bond in Japan

Canadian Solar secures project bond in Japan

🕔Apr 6, 2017

Canadian Solar Inc. has announced completion of its second green project bond placement with Goldman Sachs Japan Co., Ltd

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Dubai is accepting proposals for CSP plant of the Mohammed bin Rashid Al Maktoum

Dubai is accepting proposals for CSP plant of the Mohammed bin Rashid Al Maktoum

🕔Apr 5, 2017

Dubai Electricity and Water Authority  has issued a Request for Proposal  to all qualified bidders for a 200 MW Concentrated Solar Power  Power Plant, the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park, and is accepting submissions by May.

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Pakistan secures financing for 4320 MW Dasu hydropower project

Pakistan secures financing for 4320 MW Dasu hydropower project

🕔Apr 5, 2017

Pakistan Water and Power Development Authority secured PKR144 billion (US$1.36 billion) for Dasu Hydropower Project by signing an agreement of local debt financing with a consortium of major local banks led by Habib Bank Limited.

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EBRD to finance 55 MW Sainshand wind park

EBRD to finance 55 MW Sainshand wind park

🕔Apr 4, 2017

The European Bank for Reconstruction and Development (EBRD) is considering providing a senior loan of up to US$30 million for the construction of the 55 MW Sainshand wind park in Mongolia’s Gobi desert.

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FRV reaches financial close for two solar PV projects in Jordan

FRV reaches financial close for two solar PV projects in Jordan

🕔Mar 31, 2017

FRV has announced the financial close of two of the four projects awarded in the second round of Jordan’s solar independent power producer (IPP) tender.

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Canadian Solar Secures JPY4 Billion credit facility

Canadian Solar Secures JPY4 Billion credit facility

🕔Mar 31, 2017

Canadian Solar Inc. has announced that its wholly-owned subsidiary Canadian Solar Projects K.K. has entered into a 3-year credit agreement for JPY4 billion (US$36 million) with Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL), a member of Sumitomo Mitsui Financial Group.

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Siemens and Sumitomo Electric win order for transmission project in India

Siemens and Sumitomo Electric win order for transmission project in India

🕔Mar 29, 2017

A consortium between Siemens and Sumitomo Electric Industries Ltd. has been awarded an HVDC order from Indian transmission operator Power Grid Corporation of India to supply a high-voltage direct current (HVDC) transmission system.

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Edra Power to develop solar farm in Malaysia

Edra Power to develop solar farm in Malaysia

🕔Mar 29, 2017

Edra Power Holdings Sdn Bhd, a leading clean energy group in Southeast Asia focusing on gas power generation, is to build a large-scale solar photovoltaic plant in Malaysia, with a generating capacity of 50 MW.

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EDF Group acquires stake in Mohammed bin Rashid Al Maktoum Solar Park Phase III

EDF Group acquires stake in Mohammed bin Rashid Al Maktoum Solar Park Phase III

🕔Mar 24, 2017

EDF Group, via its subsidiary EDF Energies Nouvelles has joined the Masdar-led consortium developing the 800 MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai.

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KOMIPO to develop north Sumatra hydro power project

KOMIPO to develop north Sumatra hydro power project

🕔Mar 23, 2017

Korea Midland Power Co. (KOMIPO) has signed a joint development agreement (JDA) for the development of the Sipborpa Hydropower Project in Jakarta.

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