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India’s ReNew secures $5.30 bil financing from ADB for renewable energy projects

December 5, 2023 Comments Off

ReNew Energy Global has signed a memorandum of understanding with Asian Development Bank (ADB) for climate change mitigation and adaptation projects worth over $5.30 billion, the renewable energy firm said Dec. 4. The MOU, signed at the UN Climate Change Conference at Dubai, would apply to projects being worked on from the current year to 2028, ReNew said. “Significant financing…