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PowerGrid Technology
Turkish Utility to Fund Smart Meters, Smart Grid and Renewables with $110m Loan
Turkish utility Enerjisa Enerji has secured a $110 million loan from the European Bank for Reconstruction and Development for grid modernisation and integration…
Power Construction
Turkey Receives Funding for Grid Modernisation
The European Bank for Reconstruction and Development approved a $110mn loan to Turkish distributor Enerjisa Enerji to modernise the network.
Energy Transition
SOUTH AFRICA: AFD Lends $100M to FirstRand for Climate Change Mitigation Projects
The French Development Agency is approving a $100 million loan for FirstRand Bank, the subsidiary of the FirstRand Group.
Clean Coal
China to Launch $31.4 billion Reloans for Clean use of Coal
China will put in place targeted reloans to support the clean and efficient use of coal as part of the nation's low-carbon development path
Energy Storage Battery
African Development Bank Grants Loan Towards 800MWh of Battery Storage in South Africa
A US$57.67 million loan towards the development cost of large-scale battery energy storage system projects will be made to South Africa’s public electricity ut…
Energy-Eficient Building
GGF Supports Novus in Building Energy-Efficient Supermarkets
The Green for Growth Fund – GGF joined the EBRD in providing a USD 100 million senior loan to Novus to finance the construction of energy-efficient supermarket…
Energy Investment
EBRD Signs EUR 40 million Loan for Serbia’s Smart Metering Roll-Out
Serbia currently generates network losses of some EUR 200 million a year
Energy Investment
World Bank Approves Loan for Hydropower Plant in Indonesia
The hydropower plant will help Indonesia to meet electricity demand and support its decarbonisation goals.
Energy Investment
DOE Building a Bridge to Bankability for Nuclear
The private sector must be prepared to provide the funds needed to take new and innovative reactor technologies from the first deployment stage to wide-scale co…
Smart Grid
Iberdrola and EIB Sign Loan Agreement for Spanish Electricity Infrastructure
The loan is intended to help improve the reliability, efficiency and security of Spain's renewable energy supply.
Energy Investment
Iberdrola, EIB Sign €550m Spanish Smart Grid Loan
The European Investment Bank and Iberdrola have signed a €550m green loan agreement to support the development, modernisation and digitalisation of the company…
Japan
Japan's Central Bank to Launch Climate Change Scheme
The Japanese central bank plans to launch a new scheme this year to provide funds for Japanese financial institutions that try to combat climate change through …
Energy Investment
Saudi Arabia Loans Rs37bln for Mohmand Hydropower Project
Saudi Arabia has approved 901 million Saudi Riyal loan for construction of 800 megawatts Mohmand hydropower project in Pakistan, a foreign envoy said on Wednesd…
Carbon Neutral
HDFC Bank Commits to Become Carbon Neutral By 2031-32
s part of its ESG strategy, the Bank will focus on providing lower-interest loans for green products such as electric automobiles and incorporating ESG scores i…
Hydropower Plant
Tanzania Secures Funding for 50MW Hydropower Project
The African Development Bank will loan the government of Tanzania $140 million to finance the construction of the 50MW Malagarasi hydropower plant.
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