Finance

Ignitis Borrows EUR 60 Mn From EIB for its First Wind Farm

EIB has signed a loan agreement with Pomerania Wind Farm, a subsidiary of Ignitis Renewables for the construction and operation of a 94 MW wind farm More wind farms will see the light near the Baltic coast in Poland. The European Investment Bank (EIB) has signed a loan agreement with Pomerania Wind Farm, a subsidiary […]

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Renew Financial has Invested USD 421 Mn in California Residential Solar

Renew Financial announced it has invested USD 421 million over the last decade to empower California homeowners to add solar PV systems to their properties. Renew Financial announced it has invested USD 421 million over the last decade to empower California homeowners to add solar photovoltaic systems to their properties. Through the Property Assessed Clean […]

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CDPQ Increases Stake, now Majority Stakeholder in Azure Power

Azure Power has announced that CDPQ has acquired additional shares of AZRE, to become a majority stakeholder in the India solar power developer. Azure Power Global Limited (AZRE), a leading independent solar power developer in India, has announced that Caisse de dépôt et placement du Québec (CDPQ), a global institutional investor, has acquired additional shares […]

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India Imported Solar Equipment Worth $1.18 Bn From China Between April-December

India imported solar cells and modules worth USD 1,179.89 million from China in the first nine months of the current financial year RK Singh has informed. India imported solar cells and modules worth USD 1,179.89 million from China in the first nine months — between April and December — of the current financial year (2019-20), union minister of new and renewable energy RK Singh has […]

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Ratings for Solar to Remain Stable, Wind Revised to Negative: India Ratings

India Ratings has maintained a stable outlook for solar power projects for FY21 while revising the outlook on the wind sector to negative from stable. India Ratings and Research (Ind-Ra) has maintained a stable outlook on the overall energy and infrastructure sector, including solar power projects for FY21 while revising the outlook on the wind […]

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China Power Industry Sees 109.1% Rise in Deal Activity in Q4 2019

The power industry in China saw a rise of 109.1 percent in overall deal activity during the Q4 of 2019 when compared with the last four-quarter average The power industry in China saw a rise of 109.1 percent in overall deal activity during the fourth quarter (Q4) of 2019 when compared with the last four-quarter […]

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IFC Invests $200 Mn in Africa’s Largest Green Bond

IFC, an arm of World Bank, has invested about USD 200 million recently in the green bond issuance of Standard Bank of South Africa placed on the London Stock Exchange (LSE). Standard Bank Group is the largest African bank by assets having presence across 20 African countries. This is Africa’s largest green bond and South […]

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Atlas Renewable Energy Issues Largest Solar PV Bond in Latin America

Atlas Renewable Energy with DNB Markets has announced the issuance of the largest solar PV green USPP bond in Latin America to date. Atlas Renewable Energy with DNB Markets has announced the issuance of a USD 253 million US private placement (USPP) in Green Bond format. The notes were rated investment grade (BBB-) by Fitch Rating (including the construction […]

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Taaleri Announces Second Close of SolarWind II Fund at EUR 275 Mn

The Taaleri SolarWind II fund, held a second closing in February 2020, with approximately EUR 275 million in commitments. The Taaleri SolarWind II fund, the fifth renewable energy fund managed by Taaleri Energia Funds Management, held a second closing in February 2020, with approximately EUR 275 million in commitments. The second-close investors include the European […]

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