Lending & Credit
Southeast Asia needs $210b investments annually to reach net-zero goals by 2050
By 2030, the region needs $150b in investments to install 240GW more RE capacity.
Southeast Asia needs $210b investments annually to reach net-zero goals by 2050
By 2030, the region needs $150b in investments to install 240GW more RE capacity.
Global Power Synergy, Sumitomo sign $185m green loan agreement
This will be invested in clean energy.
Indonesia needs $8b additional investment annually by 2030 to reach net-zero goals
The country aims to achieve net-zero emissions by 2060.
ReNew Power secures $1b loan for hybrid battery-enabled project
This is the largest ECB project loan in India’s renewable sector.
JinkoSolar subsidiary to issue $1.5b convertible bonds
Proceeds will serve as Jiangxi Jinko’s working capital, amongst others.
Monash’s Grid Innovation Hub gets gov’t funding for study on storage market design
The funding is over $345,000 (A$495,000).
ACEN to offer Peso-denominate green bonds
The proceeds from the $177.8m bonds will be used for its three solar projects.
ReNew refinances dollar-denominated bonds
It issued $525m bonds in 2019 that will mature in 2024.
Singapore is 3rd most attractive market for energy sector FDI
It posted an index of 72.74%, ranking behind Luxembourg and Hong Kong.
PAG launches renewables development, investment platform
The company is expected to invest more than $1b in the platform
ACEN to issue P30b bonds to fund RE projects
Initial proceeds will fund the Arayat-Mexico Solar Power expansion project amongst others.
Over $3.7b battery storage projects compete for ARENA funding
ARENA has invited 12 projects to apply for $100m funding.
Australian PV researchers get $31.1m gov’t funding
This will enable them to extend their solar research activities to 2030.
Record global energy investment to grow 8% to $2.4t in 2022: IEA
This is on the back of investment in renewables and grids.
India needs up to $250b investment to reach 2030 RE goals: Moody’s
The county targets a 500GW renewable energy capacity by 2030.
Azure Power to invest $12.9m in Premier Energies Group
The two companies also executed a deal for solar cells and modules supply.
Indian RE sector posts record $14.5b investment in FY2021/22
This is due to the increasing electricity demand and net-zero emissions commitments.