Latest News

UK and Canada collab for solar, EV tech

The UK and Canada have inked an agreement to collaborate on critical minerals such as cobalt and lithium for solar panels and electric vehicle production

Argentina launches transmission tender

Argentina’s federal transmission trust fund has launched a tender for a project in Catamarca province as part of the country’s regional electricity improvement plan

Oz announces $1bn incentives for hydrogen hubs

The Australian government has awarded an A$64 million grant for 2 hydrogen projects as it opens applications for A$1.5 billion incentives to develop green hydrogen hubs in the country

IFC lends to Sococim in Senegal

The International Finance Corporation – the investment arm of the World Bank – has inked an agreement with cement manufacturer Sococim for the decarbonisation of the industrial sector in Senega

Peruvian wastewater PPP announced

Peruvian investment promotion agency ProInversión is bringing a new wastewater concession to market, with support from the Inter-American Development Bank

Ørsted joins Global Offshore Wind Alliance

Africa-focused power develop MP Energy has reached financial close on the €154 million, 120MW Malicounda combined cycle thermal power project in Mbour, SenegalØrsted is the first energy company to join the Global Offshore Wind Alliance to promote the acceleration of offshore wind deployment and establish a global community of action

BNDES finances biofuel projects

Brazilian development bank BNDES has approved financing for 2 biofuel plants through the bank’s RenovaBio initiative

ADB approves $200m for ACWA's Uzbek projects

Asian Development Bank has approved a total $200 million worth loans to 2 onshore wind power projects of Saudi Arabia-based ACWA in southwest Uzbekistan

Marubeni, PIF sign green hydrogen MoU

Saudi Arabia’s Public Investment Fund has signed with Japanese infra developer a memorandum of understanding (MoU) for a green hydrogen project in Saudi Arabia

European DFIs lend on Dakar bus network project

Senegal has signed a €320.4 million funding package with 3 European DFIs and the European Commission to upgrade the public transport network in the capital city of Daka

EXCLUSIVE PLN plans $500m NEXI-backed green loan

Indonesian state-owned electric utility Perusahaan Listrik Negara is planning to borrow $500 million loan backed by Japan’s export credit agency Nippon Export and Investment Insurance

Ocior signs MoU with Gujarat for green hydrogen

Abu Dhabi-based Ocior Energy and Gujarat government earlier this week (27 February) signed an MoU for the production of green hydrogen and ammonia in the state, involving an investment of Rs400 billion

India approves $3.86bn hydro project

India has approved a Rs318.76 billion hydropower project in northeastern region near China, as the country rushes to meet its power demand amid its 2070 net-zero target

EIB to fund early-stage green hydrogen work in Kenya

The European Investment Bank is set to mobilise €1.8 million of grants and appraise the potential debt financing for a green hydrogen project in Kenya

Financing signed for NEOM green hydrogen

The ACWA Power and Air Products consortium has signed the $5.852 billion senior debt for the $8.5 million Neom Green Hydrogen project

EXCLUSIVE J M Baxi seals SBI loan for berth conversion

J M Baxi Ports & Logistics has secured a Rs5.17 billion debt facility from State Bank of India for the conversion of a port berth in South India

Laos cross-border onshore wind signs debt

The project sponsors of an iconic cross-border onshore wind power project in Laos – which will supply electricity to Vietnam – have signed a non-recourse project financing package with 8 lenders

EXCLUSIVE K-Water's Indonesia water PPP takes shape

The consortium of a South Korean governmental agency Korean Water Resources (K-Water) and Indonesian state-owned Adhi Karya has begun arranging a debt package for a water PPP which is estimated to have a project cost of $200 million-equivalent