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International Financial Corporation assists Vietnam with green textile production

By : SustainabilityO..., Jun 27, 2017

International Financial Corporation (IFC) has launched a US $ 9.9 million project to assist Vietnamese garment and textile companies in enhancing resource efficiency and thereby saving US $ 15...

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SBI, World Bank finance ₹400-cr solar projects

By : SustainabilityO..., Jun 5, 2017

State Bank of India and the World Bank announced on Friday that they had financed 100 MW of rooftop solar projects worth ₹400 crore in India.

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Asian Development Bank, Punjab National Bank to finance solar rooftop projects

By : SustainabilityO..., Jun 1, 2017

The Asian Development Bank (ADB) and the Punjab National Bank (PNB) on Tuesday signed a financing loan worth USD 100 million, to be guaranteed by the Government of India, in order to finance...

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REC says over 10% lending this financial year will be in renewables

By : SustainabilityO..., Jun 1, 2017

As the country 's energy sector increases focus on renewable options, one of the main power finance companies, Rural Electrification Corporation (REC), expects its lending to the industry to...

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ADB Issues Green Rupee-Linked Bond to Support Renewable Energy in India

By : SustainabilityO..., May 19, 2017

The Asian Development Bank (ADB) has raised 3 billion Indian Rupees (INR), about $47 million, from a new issue of offshore Indian Rupee-linked bonds to help finance climate change mitigation and...

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IREDA finances Rs 10,000 crore green projects during 2016-17

By : SustainabilityO..., Apr 10, 2017

The Indian Renewable Energy Development Agency increased its financing of green energy projects considerably in 2016-17, crossing the milestone of Rs 10,000 crore in a single year for the first...

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US-India Clean Energy Finance Initiative Opens Call for Applications

By : SustainabilityO..., Apr 4, 2017

The newly launched US-India Clean Energy Finance (USICEF) initiative is currently seeking applications from project developers and project proponents in...

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ADB okays $175 mn loan to Power Grid to diversify energy mix

By : SustainabilityO..., Mar 30, 2017

Asian Development Bank (ADB) has approved USD 175 million loan to Power Grid Corporation to help the power producer diversify its power mix by supplying more clean energy.

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IREDA to sanction Rs 13000 crore loans for renewables in FY18

By : SustainabilityO..., Mar 27, 2017

State-run Indian Renewable Energy Development Agency (IREDA) will sanction Rs 13,000 crore for clean energy projects next fiscal in the country, vying for around 20 per cent of the loan market...

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US-based Evergreen Power in talks to raise $100 mn for India

By : SustainabilityO..., Mar 21, 2017

US-based Evergreen Power is in talks with investors, including private equity, infrastructure funds and strategic investors, to raise up to $100 million in equity to ramp up its wind energy...

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