President Lungu cuts red ribbon of 54MW Bangwelulu project, the first to be tendered, financed and built under the World Bank’s Scaling Solar programme.
Indian investigator recommends EVA sheet anti-dumping duties, ReNew Power secures up to $$350 Million financing from OPIC, Sungrow hits 3GW of shipments in India, MNRE approves funding for clean energy R&D, Tata Power Solar launches residential rooftop solution at Guwahati, Assam.
US government development finance institution Overseas Private Investment Corporation (OPIC) has committed US$25 million in financing to a fund managed by off-grid solar firm SunFunder, which will provide loans to companies developing off-grid solar products and solutions for Sub-Saharan Africa and Asia.
The India government and the US Government’s development finance institution, the Overseas Private Investment Corporation (OPIC), have launched a US$20 million finance initiative to fund renewable energy projects in India.
The Obama administration is continuing a last-ditch push for renewables in the announcement of international clean energy funding and initiatives in a host of new incentives and international agreements that don’t require Congress’ consent.
The Overseas Private Investment Corporation (OPIC), the US Government’s development finance institution, will provide US$74 million to Indian energy firm ReNew Power Ventures for a 100MW solar farm in the Indian state of Telangana.
Indian solar power producer Azure Power announced Tuesday that it has agreed to a long-term, low-cost debt financing facility of US$20 million with the US government’s finance organisation — the Overseas Private Investment Corporation (OPIC).
The US and India partnered on new renewable energy initiatives totalling a US$1 billion during prime minister Modi’s visit to the White House on Tuesday.