Tag: billion
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EBRD Issues Record-Breaking USD 1 Billion Green Bond For Environmental Projects
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The European Bank for Reconstruction and Development (EBRD) has successfully priced its largest green bond transaction to date, raising USD 1 billion. This landmark issuance, set to settle on 17th […] The post EBRD Issues Record-Breaking USD 1 Billion Green Bond For Environmental Projects appeared first on SolarQuarter.
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India Weekly News: REC Ltd Secures JPY 31.96 Billion Green Loan; NTPC Bids For 795MW Solar Projects; GERC Reviews Torrent Power And PGVCL’s Solar Tariffs, And More
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REC Limited Secures JPY 31.96 Billion Green Loan For Sustainable Projects In India In Collaboration With Deutsche Bank AG, GIFT City REC Limited has achieved a significant milestone in sustainable […] The post India Weekly News: REC Ltd Secures JPY 31.96 Billion Green Loan; NTPC Bids For 795MW Solar Projects;…
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Dollar reserves slip to $104.7 billion in June
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THE PHILIPPINES’ gross international reserves (GIR) dipped by 0.3% month on month in June, which the Bangko Sentral ng Pilipinas (BSP) governor partly attributed to its intervention in the foreign exchange market amid the peso’s continued depreciation against the US dollar. Preliminary data from the BSP showed gross dollar reserves…
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World Bank Approves $1.5 Billion to Accelerate India’s Low-Carbon Energy Transition
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The World Bank’s Board of Executive Directors has approved $1.5 billion in financing to help India accelerate the development of low-carbon energy. This second operation aims to promote a vibrant […] The post World Bank Approves $1.5 Billion to Accelerate India’s Low-Carbon Energy Transition appeared first on SolarQuarter.
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World Bank Launches $3.86 Billion Energy Efficiency Program For Europe And Central Asia
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The World Bank has announced the launch of a comprehensive $3.86 billion initiative, the “Scaling Up Energy Efficiency in Europe and Central Asia Program” (E3 Program), aimed at revolutionizing energy […] The post World Bank Launches $3.86 Billion Energy Efficiency Program For Europe And Central Asia appeared first on SolarQuarter.
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EU’s Modernisation Fund: €2.967 Billion Accelerates Green Energy Initiatives Across Member States
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The European Union has allocated €2.967 billion through the Modernisation Fund to support 39 energy projects across 10 Member States, marking the largest disbursement since its inception. These investments aim […] The post EU’s Modernisation Fund: €2.967 Billion Accelerates Green Energy Initiatives Across Member States appeared first on SolarQuarter.
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EU Approves €3 Billion German Scheme To Build Hydrogen Core Network
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The European Commission has granted approval under EU State aid rules for Germany’s ambitious €3 billion scheme aimed at establishing a Hydrogen Core Network (HCN). This initiative forms a pivotal […] The post EU Approves €3 Billion German Scheme To Build Hydrogen Core Network appeared first on SolarQuarter.
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MPTC eyes P30 billion in yearly revenue from Indonesia toll road
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PANGILINAN-LED Metro Pacific Tollways Corp. (MPTC) expects to generate P30 billion in yearly revenue from its toll road contract in Indonesia, which is expected to be signed this week, according to its chairman. “It is likely to be signed next week in Jakarta,” MPTC Chairman Manuel V. Pangilinan told reporters…
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PEZA says it approved P6.87 billion worth of projects in May
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THE PHILIPPINE Economic Zone Authority (PEZA) approved 22 new and expansion projects worth P6.87 billion in May, with the value dropping 54% from a year ago. In a statement on Thursday, the investment promotion agency (IPA) said the approved investments last month are expected to generate $100.81 million in exports…
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ADB Pledges $2.6 Billion to India for Urban Development and Power Sector Reforms in 2023
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In 2023, the Asian Development Bank (ADB) pledged $2.6 billion in sovereign lending to India, targeting projects aimed at urban development, industrial corridor enhancement, power sector reforms, climate resilience, horticulture […] The post ADB Pledges $2.6 Billion to India for Urban Development and Power Sector Reforms in 2023 appeared first…