International Finance Corporation

IFC Inks Pact with Bangladesh to Spur Solar Power Generation

With an aim to promote more investment in the renewable energy projects in Bangladesh, the International Finance Corporation (IFC) has entered into an agreement with the Sustainable and Renewable Energy Development Authority (SREDA) of Bangladesh. As per the agreement signed, IFC, a member of the World Bank Group, will support a solar power plant of […]

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Green Buildings to Offer $24.7 Trillion Investment Opportunity in Emerging Markets

Investors should tap into the enormous potential in green buildings, as by 2030 it will offer a USD 24.7 trillion investment opportunity in emerging markets A new report by the International Finance Corporation (IFC), a member of the World Bank Group, highlights how investors can tap into the enormous potential in green buildings. The report, […]

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Tata Power-DDL, IFC Collaborate to Assess Battery Storage Demand

The motive behind the move is to ensure sustainable and reliable power distribution and to formulate a business model for storage deployment in distribution utilities. Tata Power Delhi Distribution Ltd (Tata Power-DDL), a distribution arm of Tata Power, has entered into an agreement with International Finance Corporation (IFC), a member of the World Bank Group, […]

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Interview with Viraj Gada, IDEF Spokesperson & India Regional Representative, GOGLA

We recently caught up with Viraj Gada, the India Representative for GOGLA, the global body for the off grid, and distributed solar industry. India is a key market worldwide, with the highest off take of solar products. And firms that have pioneered innovative sales and distribution models. Here’re a few answers from that interaction. Q. […]

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Viz-A-Viz with Viraj Gada, IDEF Spokesperson & India Regional Representative, GOGLA

India has Potential to Become Global Leader for Distributed Standalone Solar Solns India with its huge local market and strong manufacturing capabilities also has the potential to become the global market leader for distributed stand-alone solar solutions by leading the way in technology as well as business innovations in the sector. There is also massive […]

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CleanMax Solar Bags FT, IFC Transformational Business Awards 2018

The company was shortlisted out of the 189 entries received from across 126 countries, thus making CleanMax Solar the first Indian company to win this award in a category with Tata Motors at their Sanand facility in Gujarat. In the Transformational Business Award 2018, CleanMax Solar, a sustainability partner for India’s leading corporates, has won […]

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Azure Power Raises $135 Mn via Debt Financing from IFC Consortium

The company will use these proceedings to finance approximately 200 MWs of it’s solar rooftop projects across the country. Indian solar power producer Azure Power has raised USD 135 million through debt financing from a consortium led by International Finance Corporation (IFC). The IFC led consortium also includes other lenders like FMO – the Dutch […]

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Solar Street Lighting Market to Grow at Brisk Pace for Few Years: Research

The governments of many countries such as India, China, and the US have made stringent regulations and schemes such as feed in tariffs and quota based renewable portfolio standards (RPS), or promotion of renewable sources of energy such as solar, wind power and others. A recent market research from P&S Market Research has showed that […]

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Sterling and Wilson to Build Zambia’s Largest Solar Plant

Sterling and Wilson was ranked as the world’s largest pure play solar EPC company (outside USA and China) by IHSMarkit in Q1 2017. Sterling and Wilson, leading Global Solar EPC Company has been chosen to construct Zambia’s largest solar plant, of capacity 54.3 MWp. It is the first project to be implemented in the frame […]

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