Lending & Credit

India requires $385b investment for power sector transition

The country aims to reach 500 GW of renewable energy by 2030.

Alternergy bags $90.3m loan for 64 MW wind project

The loan will be provided by Rizal Commercial Banking Corporation.

First Gen needs $9b to boost RE capacity

The company has to increase its capacity by almost four times to reach 13 GW by 2030.

Alternergy raises $340.7m funding for RE projects

It is developing two wind farms and a solar farm that are targeted to start by 2025.

Philippines to receive $500m in CIF funding to accelerate coal plant retirements

Coal-fired plants accounted for 44% of the country’s installed capacity.

Sterlite Power secures $165.2m funding for transmission project

Power Finance Corporation will provide the funding.

CEFC invests $490m in NSW grid infrastructure

This will support the development of the Central-West Orana Renewable Energy Zone.

US invests $126m for Indonesia geothermal plant development

This Phase I Ijen Geothermal will have a 31 MW capacity.

EDB to boost financing for 300 MW Kyrgyz solar project

It will arrange long-term financing of $210m.

ADB and Masdar ink $46.5m loan for Uzbek solar and BESS facility

This is the first renewable facility with a utility-scale battery in Central Asia.

PAG achieves $550m commitment for APAC renewable energy fund

It will initially focus on Japan’s solar power.

Enfinity bags $135m to boost India's renewable energy

This will fund the construction of 1.2 GW solar and wind projects in five states.

ADB grants $148.5m to enhance Sikkim's power infrastructure

It will replace 580 kilometres of old and low-capacity bare conductors.

SEC greenlights EDC’s $172.8b green bond offering

This is the second tranche of the EDC Fixed Rate ASEAN Green Bonds.