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Nuclearelectrica Gets EIB Funding for Tritium Removal Facility
Romania's Nuclearelectrica has secured a loan agreement of EUR145 million (USD159 million) with the European Investment Bank (EIB) towards the completion of…
Distributed Grid
ADB Signs $160 Mln Loan Agreement With Bangladesh to Upgrade Power Network
The Asian Development Bank (ADB) said on Tuesday it had signed a $160 million loan agreement with Bangladesh to help upgrade the power distribution network and …
Electric Vehicles
This Startup Wants to Turn Your Classic Car Into an EV Using Scrapped Tesla Batteries
Want to enjoy the silent, emissions-free ride of an EV with your 1974 Ford Bronco? Arc Motor Company, an Ontario-based green tech startup, aims to turn your cla…
Renewable Energy
Brazil's BRF Takes Out $150 Mln 'Green Loan' for Use in the Middle East
Brazilian chicken and pork processor BRF SA (BRFS3.SA) has announced the attachment of sustainability goals to a $150 million credit facility from the First Abu…
Renewable Energy
Adani Group's Cement Maker to Invest $723 Million in Green Energy Projects
Sacks of cement travel on a conveyor belt at the Ambuja Cements Ltd. factory in Ambuja Nagar, Gujarat, India, on Friday, June 23, 2023. Adani Group is in talks …
LNG
Gunvor Closes €400 Million Loan to Secure LNG Supplies for Italian Industry
Geneva-based energy trading firm Gunvor Group has closed a €400 million loan to support the Italian industry by securing natural gas and LNG supplies while…
Renewable Energy
Philippine Energy Firm ACEN Secures Loan for Renewable Expansion in Australia
Philippine energy company ACEN Corp (ACEN.PS) on Wednesday said its unit ACEN Renewables International (ACRI) signed an A$75 million ($49.22 million) green term…
Offshore Wind Power
EIB and Ørsted Sign €400M Loan to Finance New Wind Energy Production in Denmark
The European Investment Bank (EIB) and Ørsted have signed a €400 million framework loan agreement to finance new wind power production. By supportin…
Hydropower Plant
Nordic Investment Bank Funds Kemijoki Oy's Hydro Investments in Finland
The Nordic Investment Bank (NIB) and Kemijoki Oy have inked a significant deal, signing a 15-year €50 million loan to bolster Kemijoki Oy's hydropower …
Offshore Wind Power
Aiib Finances Second Wind Power Project in Southern Kazakhstan
The Asian Infrastructure Investment Bank (AIIB) has signed a USD36-million loan agreement for the development, construction and operation of a 100-megawatt (MW)…
Electricity Transmission
Greek Power Distribution Operator Gets 150 Mln Euro Eib Loan for Smart Meters
Greek power grid operator HEDNO has secured a 150 million euro ($160.23 million) loan from the European Investment Bank (EIB) to install 3.12 million smart mete…
Biofuel
USDA Awards Reap Grants to Biogas, Bioenergy Projects
The USDA on Nov. 1 awarded $145 million in loans and grants to 700 projects under the agency’s Rural Energy for America Program. Several biogas and bioene…
Hydropower Plant
Kano assembly approves gov's n4B Loan request to complete hydroelectric plant
Gov. Abba Kabir Yusuf paid a courtesy visit to Executive Governor of Gombe State, H.E Muhammad Inuwa Yahaya, at the Gombe State Governor’s Lodge Abuja. Ph…
Power Construction
World Bank Approves $1 Bln Loan to Help South Africa Tackle Power Crisis
The World Bank said on Wednesday that its board had approved a $1 billion loan to help South Africa reform its energy sector, as the country tries to overcome r…
Energy Storage Project
Spearmint Energy Receives $200M Loan for BESS Portfolio
Spearmint Energy, a next-generation renewable energy and battery storage company, announced the close of a $200 million credit facility with Aiga Capital Partne…
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