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Nevada Battery Recycler Wins $2B Loan From Energy Department
A Nevada company that recycles batteries for electric vehicles has won a $2 billion green energy loan from the Biden administration.Redwood Materials, a recycli…
Hydrogen Project
Hydrogen Producer Hycamite Secures up to €10 Million Capital Loan
The Finnish Climate Fund has decided on a capital loan of up to 10 million euros to Hycamite TCD Technologies for building of the new Customer Sample Facility (…
Solar Power Panel
WFW Advises Bayernlb on Blue Elephant’s Italian Solar PV Portfolio Refinancing
Watson Farley & Williams (WFW) has advised Bayerische Landesbank (BayernLB) on a €15m loan granted to Blue Elephant Energy GmbH (Blue Elephant) to refinanc…
Energy Taxation
Green Loans: The Sustainable Business Move
In recent news, it has emerged that global banks are failing to invest in renewables in line with commitments made at Paris COP21. With 93% of overall energy fu…
Energy Transition
Cambodia’s Energy Transition Program Gets ADB Boost
Source: Towfiqu Barbhuiya (Pexels)This includes a $50m loans and a $23m investment.The Asian Development Bank (ADB) has approved a $50m policy-based loan packag…
Solar Power Plant
AfBD Approves Financing for 100-Mw Kairouan Solar Project in Tunisia
The Board of Directors of the African Development Bank Group (AfDB) recently approved a $27 million and €10 million loan package to co-finance the construc…
Hydropower Plant
Landbank to Fund Development of 15 MW Small Hydropower Plant in Philippines
The Land Bank of the Philippines (LANDBANK) and Cabanglasan Hydropower Corporation (CHC) have signed a PHP2.6 billion (US$47.2 million) loan agreement to partia…
EDF Signs for Additional 2 Billion Euros of Loans
Debt-laden power giant EDF has signed for a total of 2.2 billion euros ($2.28 billion) in new loans maturing in three years, provided financial breathing space …
Indonesia
Indonesia Bags $500m Loan for Energy Sector, Green Recovery
The loan was approved by the Asian Development Bank.
Carbon Emissions
Deutsche Bank Sets 2030 Targets to Cut Emissions Tied to Loans
Deutsche Bank on Friday said it aimed to reduce the emissions tied to its upstream corporate oil and gas sector loans by 23% by 2030, as part of a series of tar…
Electricity Transmission
EIB Invests Nearly Half a Billion Euros in Major German Grid Expansion Plan
The European Investment Bank (EIB) is providing Dutch-German TSO TenneT with a loan of €450 million ($440 million) for the construction of a 185km electricity …
Smart Grid
Iberdrola Inks €220M Top-Up Loan with EU Bank for Smart Grids in Spain
The loan increase, which brings the total to around €820m, will support the development, modernisation and digitalisation of Iberdrola’s electricity distribut…
Smart Grid
Iberdrola Taps EIB for €220M Smart Grid Development
The European Investment Bank (EIB) and Iberdrola have agreed to increase the green loan signed in 2021 with a top up of €220 million ($215 million) to strength…
Vena Energy Bags JPY5.36B Green Loan for 17MW Solar Project
The project is scheduled to start commercial operation in 2023.
Electric Car
Australian Bank to Scrap Loans for New Diesel and Gasoline Cars as Country Looks to Increase EV Uptake
According to the International Energy Agency, electric vehicle sales hit 6.6 million in 2021.
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