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renewable energy investment

Nautilus Commissions its Community Solar Project in New York

Nautilus Solar Energy has completed its first of three community solar projects serving Orange and Rockland’s utility service territory in New York. Nautilus Solar Energy, a leading national solar acquisition, development, and asset management company, has announced the completion of its first of three community solar projects serving Orange and Rockland’s utility service territory in […]

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Climate Financing By MDB’s Hit Record High of $43.1 Bn in 2018

A new report has revealed that climate financing by the world’s largest MDBs in developing economies rose to an all-time high of $43.1 billion in 2018 A new report has revealed that the climate financing by the world’s largest multilateral development banks (MDBs) in developing countries and emerging economies rose to an all-time high of […]

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Siemens Gamesa Conditionally Awarded 376 MW Offshore Wind Project in Taiwan

Siemens Gamesa has conditionally received an order for the supply of offshore wind turbines for the 376 MW Formosa 2 Offshore Wind Farm Project in Taiwan. Siemens Gamesa Renewable Energy (SGRE) has conditionally received an order for the supply of offshore wind turbines including a 20-year full-service agreement for the 376 megawatts (MW) Formosa 2 […]

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Vattenfall Issues its First Green Bond Worth EUR 500 Mn

In line with the company’s investments in fossil-free energy and climate-smart solutions, Vattenfall has for the first time issued a green bond. In line with the company’s investments in fossil-free energy and climate-smart solutions, Vattenfall has for the first time issued a green bond. The size of the bond issue is EUR 500 million, with […]

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Norway Passes Law, Sovereign Fund To Become More Greener

Norway’s Government Pension Fund Global has obtained a go-ahead to divest as much as $13bn of investments from fossils fuels after its parliament voted to pass the law The world’s largest sovereign wealth fund which handles over $ 1trillion worth of Norway’s investments has been given a green light for the largest fossil fuel divestment […]

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OPIC Approves $87 Mn in Funding For 250 MW Wind Project in Egypt

OPIC has approved $87 million in funding for a 250 MW wind project in Egypt to support economic growth through the development of power infrastructure. The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, today approved $87 million in financing to Lekela Egypt Wind Power BOO S.A.E. to support economic growth in […]

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Kenya Launches $47 Mn Off-Grid Solar Access Project

Kenya has launched a $47 million facility under the Off-Grid Solar Access Project aimed at the private sector to provide solar and clean cooking solutions The government of Kenya has launched a $47 million (KSh 4.7 billion) facility under the Kenya-Off-Grid Solar Access Project (KOSAP) aimed at spurring the private sector to provide viable solar […]

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WB Grant For China RE and Battery Storage Promotion Project

The World Bank has approved a $300 million loan for the China Renewable Energy and Battery Storage Promotion Project to increase RE adoption and transition The World Bank’s Board of Executive Directors have approved a $300 million loan for the China Renewable Energy and Battery Storage Promotion Project to increase the integration and utilisation of […]

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RfP For Consultants To Develop Floating Solar Plants in Arabian Gulf

DEWA has issued an RfP for appointing consultants to study, develop and construct floating solar photovoltaic plants in the Arabian Gulf. The Dubai Electricity and Water Authority (DEWA) has issued a request for proposal (RfP) for appointing consultants to study, develop and construct floating solar photovoltaic plants in the Arabian Gulf. The RfP has been […]

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