Project finance - Page 1
Stay up to date with the latest Project finance updates from the global international water power industryLatest Project finance Update
The European Bank for Reconstruction and Development (EBRD) has announced...
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Ukrhydroenergo secures €133 million from EIB for hydropower rehabilitation project
PJSC Ukrhydroenergo has successfully received a €133 million tranche from the European Investment Bank (EIB) for the ongoing Hydro Power Plants Rehabilitation Project. Initiated in...
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 initiatives in northern Finland...
US DOE’s Water Power Technologies Office announces $9.5 million funding opportunity to enhance hydropower flexibility
In a move to bolster the adaptability of hydropower and optimize its integration with variable renewable energy resources, the US Department of Energy's (DOE) Water Power...
Mocean Energy secures €2.5 million in funding for wave energy commercialization
Scottish wave energy company Mocean Energy has successfully raised €2.5 million in new equity, accompanied by a €572,000 grant, as part of its strategic initiative to accelerate...
KfW Development Bank backs Mozambique's GET FiT program to encourage hydropower investment
Mozambique's determined drive to bridge its electricity deficit while harnessing its substantial hydropower potential and other renewable energy resources has found strong support...
Green Climate Fund allocates $50 million to REPP 2 for renewable energy expansion in Sub-Saharan Africa
The Green Climate Fund (GCF) Board has granted approval for a $50 million equity allocation to REPP 2, a new debt fund focused on catalyzing investments in the rapidly growing...
DOE allocates $9.5 million in funding to bolster hydropower flexibility
The US Department of Energy's Water Power Technologies Office (WPTO) has announced its intent to offer a funding opportunity amounting to $9.5 million aimed at advancing the...
Biden-Harris Administration unveils $38 million investment in US hydropower facilities
The Biden-Harris Administration, in line with President Biden's ambitious Investing in America agenda, has revealed an investment of over $38 million to bolster hydropower...
MIGA set to help boosts Mexico's hydropower capacity with guarantee
The Multilateral Investment Guarantee Agency of the World Bank (MIGA) has issued a guarantee aimed at enhancing Mexico's hydropower capacity. The guarantee was provided to JPMorgan...
Biden-Harris Administration commits over $13 million to boost hydropower expansion
The US Department of Energy (DOE) has unveiled an investment of more than $13 million in seven research and development projects aimed at advancing hydropower as a pivotal source of...
New Development Bank and Trans-Caledon Tunnel Authority agree loan deal for Lesotho Highlands Water Project Phase II
The New Development Bank (NDB) and the Trans-Caledon Tunnel Authority (TCTA) have officially inked a Loan Agreement to facilitate the execution of Phase II of the Lesotho Highlands...
US DOE invests nearly $10 million to propel marine energy advancements
The US Department of Energy (DOE) has recently unveiled a significant investment of nearly $10 million directed towards seven projects aimed at accelerating the development and testing...
US Department of Energy invests $3.5 million in hydropower and marine energy projects
The US Department of Energy (DOE) has recently announced funding of over $3.5 million dedicated to 18 innovative projects in the fields of hydropower and marine energy. These...
Eco Wave Power secures EU grant to enhance wave energy power station in Israel
Eco Wave Power has been granted funding from the European Union (EU) for its new wave energy power station in Jaffa Port, Israel. The grant, known as GREENinMED, is part of the ENI...
IDB approves $800 million credit line for modernization of Salto Grande project in Argentina and Uruguay
The Inter-American Development Bank (IDB) has approved a Conditional Credit Line for Investment Projects (CCLIP) of up to $800 million to help modernize the 1890MW Salto Grande...
EBRD to support restoration and modernization of Ukrhydroenergo's hydroelectric power plants
The European Bank for Reconstruction and Development (EBRD) is to assist in the restoration and modernization of Ukrhydroenergo's hydroelectric power plants in the Ukraine, including...
Wegaw secures grant from Innosuisse to develop advanced geospatial digital twin technology
Climate-tech startup Wegaw has been awarded a CHF 1.4 million Swiss Accelerator Grant by Innosuisse to support its ambitious two-year project to develop sophisticated geospatial...
DBP approves funds for hydroelectric plant in Leyte, the Philippines
The Development Bank of the Philippines (DBP) has extended a credit assistance amounting to P441 million for the development of the 2MW Bao River hydroelectric plant in Kananga,...
NIB funds to boost hydro upgrade in Norway
The Nordic Investment Bank has signed a 15-year NOK 146 million loan (€12.5 million) with Helgeland Kraft that will be used to upgrade the Grytåga hydropower plant in Vefsn...
