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AMEA Power Commissions 120 MWp Solar PV Project in Tunisia

AMEA Power has commissioned a 120 MWp solar PV plant in Tunisia’s Kairouan Governorate, the country’s first renewable energy project above 100 MWp to reach commercial operation under the concessions regime.

International Finance Corporation | December 22, 2025 | By Mrinmoy Dey | 428

IFC Invests ~USD 50 Million in GFCL EV for India’s First Integrated Battery Materials Facility

IFC’s ~USD 50 million investment in GFCL EV marks a major push toward building India’s first fully integrated battery materials facility. The move strengthens India’s position in the global battery-materials value chain, while supporting the country’s clean-technology goals and advanced manufacturing ambitions.

International Finance Corporation | December 05, 2025 | By News Bureau | 918

Candi Solar Secures USD 58.5 Million from IFC to Fund 200 MWp Distributed Solar Projects

Candi Solar has secured USD 58.5 million in IFC-led funding to finance nearly 200 MWp of new distributed solar projects across India and South Africa.

International Finance Corporation | November 28, 2025 | By Mrinmoy Dey | 1101

IFC Announces USD 20 Million Equity Investment in Transvolt Mobility

IFC, a member of the World Bank Group, has made its first-ever equity investment in an electric vehicle platform in India, by investing USD 20 million in Transvolt Mobility as part of a USD 50 million funding round to scale its commercial EV fleet.

International Finance Corporation | July 18, 2025 | By Mrinmoy Dey | 796

Egypt Secures USD 1.6 Billion in Clean Energy Deals at Development Finance Conference

Egypt signed six landmark agreements, including Scatec’s 1 GW solar and 900 MW wind projects, plus battery storage and SME support initiatives, reinforcing its NWFE-driven clean energy and economic agenda.

International Finance Corporation | June 16, 2025 | By EI News Network | 1123

IFC, ADB, and DEG Secure Stake in Fourth Partner Energy Following CCI Approval

The Competition Commission of India has approved the acquisition of a stake in Fourth Partner Energy by IFC, ADB, and DEG, with a combined investment of USD 275 million, enhancing the company’s renewable energy operations.

International Finance Corporation | January 02, 2025 | By EI News Network | 2500

Uzbekistan Signs Battery Energy Storage Deal with ACWA Power at COP29

Uzbekistan has signed an agreement with ACWA Power for up to 2GWh of Battery Energy Storage System (BESS) projects, enhancing renewable energy development. The deal, signed at COP29, follows previous agreements for solar PV and storage, with a focus on sustainable energy.

International Finance Corporation | November 20, 2024 | By EI News Network | 1505

IFC Grants USD 240 Million to ACWA Power for Uzbekistan's RE Expansion

IFC’s USD 240 million loan supports ACWA Power's solar and battery projects in Uzbekistan, expected to reduce CO₂ emissions by 1.3 million tons annually. The project aligns with Uzbekistan’s 2030 goal of 40 percent renewable energy generation.

International Finance Corporation | November 01, 2024 | By EI News Network | 1396

IFC and Axis Bank Partner for USD 500 Mn Loan to Fund India’s Sustainable Projects

IFC partners with Axis Bank to offer a USD 500 million loan, promoting sustainable growth, green projects, and blue finance, enhancing water management and eco-friendly infrastructure, while supporting India's climate goals and job creation.

International Finance Corporation | October 09, 2024 | By EI News Network | 1997

Olam Agri to Invest USD 60 Mn in Bio-Ethanol Plant in Maharashtra

Olam Agri announces a USD 60 million investment in a multi-input bio-ethanol plant in Maharashtra, doubling its sugarcane crushing capacity while enhancing collaboration with farmer producer organisations. This marks a significant step towards contributing to India's growing demand for renewable energy and sustainable farming.

International Finance Corporation | September 06, 2024 | By EI News Network | 2729