Project finance - Page 1Stay up to date with the latest Project finance updates from the global international water power industry
Latest Project finance Update
A 300MW hydropower plant to be built on the Kunhar river near Balakot City...
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Hydropower can now qualify for climate bond financing under new criteria
Sustainable hydropower projects can now qualify for climate bond financing if they meet strict criteria unveiled today by the Climate Bonds Standard Board (CBSB).
ARENA agrees grant funding for Kidston pumped storage plant
Genex Power Limited has received a conditional offer for grant funding totalling up to $47 million from the Australian Renewable Energy Agency (ARENA) for the Kidston Pumped Storage...
AFDB funds transmission project in Angola
The African Development Bank has committed $530 million to finance the construction of a 343km, 400 kV central-south transmission line that will connect the north and south...
IHA sustainability assessment fund expands to more countries
Hydropower project developers and operators in more than 40 countries in Africa, Asia, Europe and the Americas have until May 2021 to apply for the Hydropower Sustainability...
US DOE announces $100 million for clean energy solutions
Developers of transformative clean energy technology solutions are now able to apply for funding from the US Department of Energy as it supports President Biden’s climate innovation agenda.
Investment secured for Portuguese wave project
Portuguese authorities have joined the Swedish Energy Agency, EIT InnoEnergy and private investors to support wave energy developer CorPower’s flagship HiWave-5 demonstration project...
CorPower and OPS receive grant for wave energy project
CorPower Ocean and OPS Composite Solutions have secured close to €500,000 from EEA Grants to help advance the development of a new wave energy project.
Investors sought for Snowdonia hydro project
Investors are being sought for a new small hydropower scheme being developed within the Snowdonia National Park in Wales.
Greenbacker Capital invests in hydropower
Greenbacker Capital Management, LLC has announced details of an investment in Clear Energy Hydro, owner and operator of hydroelectric facilities in New York state, US.
Investment for Brookfield’ Sidney A. Murray, Jr. hydro facility
MetLife Inc’s institutional asset management business, MetLife Investment Management (MIM), has facilitated a $130 million investment, including $74 million on behalf of...
Hydropower investment for DORE
Downing has announced that Downing Renewables & Infrastructure Trust plc (DORE) is to acquire a portfolio of eight operational hydropower plants in central and southern Sweden from...
ADB approves loan for new hydropower construction in India
A $231 million loan from the Asian Development Bank (ADB) will be used to construct the Lower Kopili Hydroelectric power plant (LKHEP) in Central Assam, India.
Loan agreed for refurb and small hydro work in Finland
The Nordic Investment Bank (NIB) has signed a 10-year, €10 million loan agreement with Finnish Kuurnan Voima Oy, with the funds to be used to refurbish an existing hydropower plant...
IDB approves funds for hydro refit in Honduras
An $18 million loan from the Inter-American Development Bank (IDB) will be used to refit the Francisco Morazán hydroelectric dam in Honduras, helping to boost the adaptability...
DOE announces $35 million for hydrokinetic turbine development
The US Department of Energy has announced $35 million in funding for 11 projects that will help develop new economically competitive Hydrokinetic Turbines (HKT) designs for tidal...
New €500 million fund launched for European hydropower investment
Climate focused investment company Climate Endowment Group has teamed up with eHydro500, an interdisciplinary team of hydropower experts, to create an institutional investment...
ADB grant to help enhance power supply in Afghanistan
A $110 million grant has been approved by the Asian Development Bank (ADB) to help improve energy sustainability and promote cross-border trade in Afghanistan.
World Bank helps finance Khyber Pakhtunkhwa project, Pakistan
The World Bank has approved $450 million in financing for the Khyber Pakhtunkhwa Hydropower and Renewable Energy Development Project in Pakistan.
USBR approves funding for Webster Dam repairs
The US Bureau of Reclamation has awarded $22.1 million for repairs at Webster Dam in central Kansas. The aging infrastructure requires high-quality concrete replacement to repair...