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Philippines Central Bank Offers Support for Energy Transition and Renewables: IEEFA

The Philippines’ Central Bank has approved a Sustainable Finance Framework to offer new support for energy transition and renewables. The Philippines’ Central Bank (Bangko Sentral ng Pilipinas) has approved a Sustainable Finance Framework to safeguard the financial system from the evolving material hazards from climate change and energy transition risk including stranded assets, the Institute […]

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Pandemic to Hit Global EV Growth by 43% in 2020

Research firm Wood Mackenzie has released a report where it predicts a 43 percent contraction in the global EV industry by the end of 2020. For a sector that was just building up some serious momentum, the crisis couldn’t have come at a worse time. The big hope now is that government stimulus plans will […]

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Toyota Launches Renewable Venture With Chubu Electric in Japan

Toyota has established Toyota Green Energy with Chubu Electric for the purposes of obtaining and managing renewable energy sources in Japan Toyota Motor Corporation has announced that it has concluded an agreement to establish Toyota Green Energy LLP with Chubu Electric Power and Toyota Tsusho Corporation, for the purposes of obtaining and managing renewable energy […]

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2020s to be the Decade of Emerging Solar Power Markets: WoodMac

The 2020s are set to deliver more of the same for solar PV, as costs continue to fall, and the global market gets more diverse with emerging markets coming of age The next decade is set to deliver more of the same for solar PV, according to Wood Mackenzie. Costs will continue to fall, though […]

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JPMorgan Commits $200 Bn to Facilitate UN SDGs and Green Initiatives

JPMorgan Chase is taking additional steps to address climate change and further promote sustainable development through a USD 200 billion commitment In 2017, JPMorgan Chase made two sustainability commitments: to facilitate USD 200 billion in clean financing by 2025 and source renewable energy for 100 percent of its global power needs by 2020. And that […]

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RE Buyers Alliance Announces Top 10 US Large Energy Buyers in 2019

The Renewable Energy Buyers Alliance has announced the release of its Deal Tracker highlighting 2019’s Top 10 Large Energy Buyers, topped by Facebook. The Renewable Energy Buyers Alliance (REBA), has announced the release of its Deal Tracker highlighting 2019’s Top 10 Large Energy Buyers, topped by Facebook with the procurement of 1.546 gigawatts (GW). The REBA Deal Tracker showcases total procurement […]

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Orix Corporation to Issue its First Green Bond in Japan

The ORIX Corporation (ORIX) has decided to issue its first Green Bond (unsecured straight bonds) in the domestic market of Japan. The ORIX Corporation (ORIX) has decided to issue its first Green Bond (unsecured straight bonds) in the domestic market of Japan. Green bonds are bonds issued by companies to finance green projects (such as […]

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Need Transmission Infrastructure to Support Clean Energy Goals: Report

A new report has highlighted that without strategic expansion of transmission infrastructure, the ability to meet clean energy goals may be in jeopardy. A new report by WIRES, the international trade association that promotes investment in all aspects of the high voltage grid, highlights the concerns that without strategic and timely expansion of transmission infrastructure, the […]

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Sustainable Debt Issuance Records 78% Growth to $465 bn in 2019: BNEF

A new record was set in 2019 for the volume of sustainable debt issued globally in any one year, with the total hitting USD 465 billion globally A new record was set in 2019 for the volume of sustainable debt issued globally in any one year, with the total hitting USD 465 billion globally, up […]

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