world-bank

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Maldives Invites Bids for 20 MW of Grid-Connected Solar Projects

The Ministry of Finance, Maldives, on behalf of the Ministry of Environment, Climate Change and Technology, has invited bids to select developers to install 20 MW of...

May 16, 2023

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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West African States Kick Off $311 Million Project to Boost Renewables

The new Regional Emergency Solar Power Intervention Project (RESPITE) has commenced operations in Freetown, Sierra Leone, to expand electricity access to millions of...

February 3, 2023

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Arjun Joshi

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Other

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Renewable Energy
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World Bank To Provide $200 Million for Two Solar Projects in India

The World Bank has signed agreements with the Government of India and the Solar Energy Corporation of India (SECI) for loans and grants worth $200 million to deploy...

January 10, 2023

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Satish Shetty

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Finance and M&A

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Other

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Solar
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World Bank to Provide $311 Million for Solar & Storage Projects in West Africa

The World Bank Group has approved $311 million in International Development Association (IDA) financing from its new Regional Emergency Solar Power Intervention Project...

December 23, 2022

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Gourav Mishra

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Other

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Renewable Energy
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Daily News Wrap-Up: Adani Unveils India’s First Large Monocrystalline Silicon Ingot

Here are some noteworthy cleantech announcements of the day from around the world: Adani Solar has introduced India’s first large monocrystalline silicon ingot at...

December 22, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Coal Plant in South Africa to be Repurposed with 220 MW of Solar, Wind and Battery Capacity

The World Bank Group (WBG) recently approved South Africa’s request for a $497 million project to decommission and repurpose the Komati coal-fired power plant using...

November 8, 2022

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Gourav Mishra

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Other

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Renewable Energy
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217,000 Solar Mini Grids Needed by 2030 to Provide Power to Half a Billion People

The world will require over 217,000 solar mini grids at a cumulative cost of $127 billion by 2030 to provide power to half a billion people globally, a report by the...

October 4, 2022

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Gourav Mishra

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Grid

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Grid Optimization

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Microgrid
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Bangladesh and World Bank Sign a $515 Million Loan Agreement for Rural Electrification

The Bangladesh government and the World Bank have signed a $515 million financing agreement for the country’s Electricity Distribution Modernization Program that...

July 1, 2022

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Vijayalakshmi Sridhar

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Grid

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Market & Policy
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World Bank Approves $165 Million Funding for Residential Rooftop Solar Projects in India

The World Bank has approved $165 million in additional financing to accelerate the adoption of rooftop solar by residential consumers by making it more affordable. The...

June 29, 2022

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Vijayalakshmi Sridhar

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Rooftop

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Solar
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SECI Seeks ₹4 Billion Term Loan to Finance its Floating Solar and Energy Storage Projects

Solar Energy Corporation of India (SECI) has invited Expressions of Interest from banks to extend a term loan of ₹4 billion (~$53.37 million) with a tenor of 15 years to...

November 1, 2021

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Staff

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Solar

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Tenders & Auctions
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Federal Bank to Discontinue Financing New Coal Projects

Federal Bank Limited will discontinue financing of any new-coal related projects, including coal-fired power projects. The announcement comes on the heels of the equity...

October 8, 2021

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Harsh Shukla

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Finance and M&A

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Other
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Niger Invites Bids to Develop a 50 MW Solar Project

The Ministry of Petroleum, Energy, and Renewable Energies of the Republic of Niger has floated a tender to develop a 50 MW solar project. The project will be located at...

September 16, 2021

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Harsh Shukla

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Solar

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Tenders & Auctions
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RUMSL’s 550 MW Solar Auction Won by Avaada Energy and O2 Power

Avaada Energy and O2 Power were declared winners in the Rewa Ultra Mega Solar Limited’s (RUMSL) auction for 550 MW of solar projects at the Agar Solar Park in Madhya...

July 12, 2021

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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SBI Has Provided ₹319.18 Billion in Renewable Energy Project Finance as of FY 2021

The State Bank of India (SBI), one of India’s largest public sector banks, declared results for the financial year (FY) 2020-2021, which claimed that the bank had...

July 9, 2021

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Rahul Nair

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Other

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Renewable Energy
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Climate Financing by Multilateral Development Banks Reaches $66 Billion in 2020

A group of nine multilateral development banks (MDBs) have published a report on Climate Finance 2020. The report reveals that the MDBs provided a total of $66 billion...

July 6, 2021

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Arjun Joshi

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Finance and M&A

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Other

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