Polish PV developer R.Power has launched a green bond issuance worth up to €225 million (US$274.3 million), the proceeds of which will be used to increase its solar power capacity in Europe.
India’s renewables sector will need to garner investments of around US$500 billion in order to meet its target of 450GW of clean energy capacity by the end of the decade.
President signs decree setting out use of green debentures to unlock multi-gigawatt boost to renewables, stung by auction postponements brought about by COVID-19.
Oversubscription by a factor of six greets issuance of bond listed on Stockholm’s Nasdaq, paving the way for further investments in green energy, energy efficiency and two other areas.
Manufacturer hails loan extension, Japanese firm claims to halve finance costs via green debt structure, Indian player bags US$300m from top financiers.
Nine of Europe’s industrial power giants and most prominent green bond issuers have clubbed together to put green bonds - mechanisms that are beginning to draw huge traction worldwide - at the heart of their financing strategies.