Lending & Credit
Over $3.7b battery storage projects compete for ARENA funding
ARENA has invited 12 projects to apply for $100m funding.
Over $3.7b battery storage projects compete for ARENA funding
ARENA has invited 12 projects to apply for $100m funding.
Australian PV researchers get $31.1m gov’t funding
This will enable them to extend their solar research activities to 2030.
Record global energy investment to grow 8% to $2.4t in 2022: IEA
This is on the back of investment in renewables and grids.
India needs up to $250b investment to reach 2030 RE goals: Moody’s
The county targets a 500GW renewable energy capacity by 2030.
Azure Power to invest $12.9m in Premier Energies Group
The two companies also executed a deal for solar cells and modules supply.
Indian RE sector posts record $14.5b investment in FY2021/22
This is due to the increasing electricity demand and net-zero emissions commitments.
SEA needs $190b annual energy investments by 2030: IEA
This amount will help the region reach its climate goals.
Philippine banks still fund coal projects: report
In effect, banks are enabling fossil fuels by underwriting or selling bonds.
Public clean energy spending jumps 50% to $710b since October 2021
Advanced economies accounted for $370b of the amount.
ACEN signs $262.8m loan agreement for SLTEC
Proceeds of equity redemption will be reinvested into renewable energy projects.
IRENA: $5.7t annual investment needed until 2030 to meet 1.5°C Scenario
Around $700b in annual investment in fossil fuel should be reallocated to energy transition technologies.
China’s central bank leads in green finance policies globally: report
It has refinanced loans to borrowers that would cut 28.76 million tonnes of carbon emissions.
CLP Power secures HK$1b emission reduction-linked loan
The loan was the first ESG-linked facility in the Japanese financial market.
ADB calls for ‘just, inclusive’ clean energy transition
This is to ensure no country is left behind in the transition.
Masdar Green REIT, First Abu Dhabi Bank sign $200m financing agreement
This is in support of Masdar Green REIT’s sustainable real estate portfolio.
India’s 2022 budget gives boost to its RE sector growth
The spending plan provided for the issuance of sovereign green bonds.
Philippines’ new sustainability framework restricts fossil fuel financing
Fossil fuel power-generation projects will be excluded from its green financing scheme.