Latest News

Quantum, ib vogt target cross-border solar

Singaporean renewable power producer Quantum Power Asia has partnered with Germany-based ib vogt to develop a 3.5GW solar power & BESS project in Indonesia worth $5 billion and export it to Singapore

Asset manager eyes acquisition financing from DFI

Dragon Capital Group, one of the longest-running independent asset managers focusing on Vietnam, is pursuing $45 million in acquisition financing from IFC for renewable energy assets

Petronas awards FEED for Kasawari CCS

UAE-based National Petroleum Construction and French engineering company Technip have bagged the FEED contract for a carbon capture storage offshore East Malaysia

Masdar, Kyrgyzstan pen MoU on renewables

Masdar has signed an MoU with Kyrgyzstan’s Ministry of Energy to explore the development of renewable energy opportunities in the Central Asian nation, the Abu Dhabi-based developer said on 15 April 202

ADB inks $2m loan for India urban

Asian Development Bank (ADB) and the government of India have signed a $2 million Project Readiness Financing (PRF) loan for strengthening urban infrastructure in northeast India

British International Investment backs India renewables

British International Investment, formerly called CDC Group, is investing $89 million to expand renewables in India, including Enel's 300MW Bikaner solar farm, the UK development finance institution announced on 8 April 2022

Sonnedix closes two more Japan solars

Sonnedix has achieved financial close on 2 solar power projects with a total capacity of 34.5MW in Japan, the UK-headquartered power producer announced yesterday

USTDA grant for Kenyan telecom study

The US Trade and Development Agency (USTDA) has signed a grant for Kenya-based ISP and telecom developer Mawingu Networks to fund a feasibility study for its expansion into the East Africa region

Enel backed for LatAm drive

Enel, the European Investment Bank (EIB) – through its development branch EIB Global – and SACE are supporting renewable energy and energy efficiency programmes in Brazil, Colombia and Peru

Maldives invites bids on healthcare portfolio

The government of Maldives has invited bids from international companies to construct several hospitals across the Maldivian archipelago

ADB shortlists Philippines wastewater advisory

Asian Development Bank (ADB) has shortlisted advisers to conduct a project preparation study (PPS) for a commercial wastewater treatment mechanism in Tacloban City, 580km southeast of Manila

IFC and Atlas Tower announce Kenya partnership

The IFC and Kenyan wireless infra company Atlas Tower Kenya have announced a partnership for the development of up to 450 telecom towers in the East African state

UK launches Energy Security Strategy

The UK government has launched the British Energy Security Strategy – a plan to accelerate wind, solar, hydrogen and nuclear projects in response to global energy price rises and volatility in international markets

Bill for South African water utility in the works

South Africa’s Department of Water and Sanitation is expected to submit a bill to the Cabinet of South Africa calling for the creation of the National Water Resources Infrastructure Agency to push investment in the water sector

World Bank approves $358m for Bangladesh road safety

World Bank has approved a credit financing of $358 million to help improve road safety on selected highways and district roads across Bangladesh

Investor roadshow for Belo Horizonte metro

The Brazilian investment partnerships offic and development bank BNDES will hold an investor roadshow next week for the proposed privatisation of the Belo Horizonte metro system