Bad News For Fossil Fuels: Barbados Seeks Green Hydrogen With Sheep, Too
The tiny island nation of Barbados could wield a big green hydrogen stick while demonstrating that energy and food security can coexist.
IFC
India x Cleantech — March 2022
Welcome to another issue of our India x Cleantech series! On a monthly basis, we are pulling news from across clean technology sectors in India into a single, concise summary article about the country.
Indian Wind Generator Plans $600 Million Green Bond
Indian wind energy generator Continuum Wind Energy is planning to issue its first green bond with backing from the International Finance Corporation. According to media reports, Continuum will issue a green bond to raise $500-600 million. The bond will be listed at Singapore Exchange. IFC has announced that it will … [continued]
Japanese Company Sells Green Bonds To Fund EV Parts Production
A Japanese company successfully raised funds for the production of electric vehicle parts using green bonds. Meidensha Corporation (Meiden) recently secured funding worth US$55 million through the sale of green bonds. The funds raised in this exercise will be used for the mass-production of electric vehicle parts, the company reported. … [continued]
Global Wind Energy Council & World Bank To Cooperate On New Offshore Wind Development
The Global Wind Energy Council and the World Bank Group announced plans on Thursday to cooperate on efforts to develop new offshore wind in emerging markets.
UK Teams With IFC To Mobilize $2 Billion In Green Construction Financing
The UK Government and the International Finance Corporation announced earlier this week that they were committing to mobilize $2 billion in public and private sector financing for certified green buildings in emerging markets in an effort to transform overseas construction markets.
European Investment Bank Delivers $214 Million For Indian Solar Projects
The European Investment Bank recently announced that it will provide €200 million to the State Bank of India to facilitate debt funding for four large-scale solar power projects in India.
750 Megawatt Solar Project In India Will Receive Loan At 0.25% From World Bank
Rewa solar power park will receive debt finance at just 0.25% from the World Bank. A few weeks back, a competitive auction for the 750 megawatt (MW) solar power park in Rewa, Madhya Pradesh, yielded the lowest-ever tariff for a solar power project in India.
Renewable Energy & Energy Storage To Expand Hand-In-Hand In Emerging Markets, Concludes World Bank
A new report from the World Bank has concluded that energy storage capacity is set to increase dramatically in emerging markets in tandem with and enabling greater renewable energy development.
IFC Will Fund Jordan’s 200 Megawatt Solar Project
A year after signing an agreement with Jordan’s National Electric Power Company to set up the largest solar project in the country, Masdar Group has finalized the financier for the projects.
