Cleantech Solar secures Asia Pacific’s largest ever C&I green loan
Singapore-based pan-Asian solar developer Cleantech Solar has secured the Asia Pacific’s biggest ever green loan for commercial and industrial (C&I) rooftop solar projects after ING Bank approved US$75 million in financing.
Cleantech Solar receives loan for Southeast Asia growth
Cleantech Solar, a commercial and industrial (C&I) focused solar PV developer in Asia, has secured a US$75 million green loan from ING Bank N.V., Singapore Branch (ING). ING was the sole mandated lead arranger and green structuring advisor. This is the largest green loan in Asia Pacific to date in the C&I renewables sector, with […]
ING Finances Solar Firm’s Southeast Asia Expansion
ING Bank has issued a $75 million loan to Cleantech Solar, one of the largest C&I focused solar PV developers in Asia, to finance its expansion across Southeast Asia, according to a press release on Tuesday.
Investment in smelter construction off-target: Energy Ministry
Jakarta (ANTARA) – Indonesia expects to miss the investment target of US$3.7 billion for smelter construction in 2020 due to the COVID-19 pandemic, and hopes to reach the target only in 2021. “The impact on production (in the mining sector) is yet (to) be seen, but there will be a slowdown in reaching the target in […]
Southeast Asia energy buyers grab chance to lock in green deals
TOKYO — Investment in renewable energy in Southeast Asia is holding up despite the economic pressure of the coronavirus pandemic, with many business buyers seizing chances to lock in low-cost power supplies for the long term, according to companies in the sector.
Local energy firms, investors weigh in on solar project tender
Local energy companies are pessimistic about a recent government tender for Myanmar’s biggest solar power project. “There are some tall hurdles for local investors who wish to bid for the tender. The government should also consider local investors for the project but the terms and conditions rule out most Myanmar investors,” said U Kyaw Kyaw Hlaing, chair […]
Myanmar solar tender conditions knock out foreign bidders
Myanmar has effectively excluded potential foreign bidders from a major solar farm tender by imposing tough conditions, including a refusal to accept online submissions even while a COVID-19 ban on international flights has been extended.
Industry demands renewable energy to fill quotas
A rapid shift away from traditional energy sources and towards renewables is required to increase Cambodia’s appeal for manufacturing investment, as large multinationals seek destinations with affordable clean energy to meet legislated quotas.
