Financing

Clean Disruption News: ENGIE successfully issues its second Green Bond of €1,5 billion

To support its ambitious development strategy in renewable energies and energy efficiency, ENGIE issued its second Green Bond of €1,5 billion. The Group reaffirms its commitment and determination to play a leading role in the development of green finance. A bond tender offer for a total amount of 700 million euros was launched simultaneously on […]

COP 21 Follow Up Talk – Cleantech Revolution? Together We Are Stronger – Jean-Pascal Pham-Ba, Secretary General and Spokesperson at Terrawatt Initiative

SolarPV.TV,  the Official TV Partner of the SolarPower Summit 2017 organized by SolarPower Europe, speaks to Jean-Pascal Pham-Ba, Secretary General and Spokesperson at Terrawatt Initiative. Jean-Pascal, with whom we spoke last time at COP 21 in Paris, updated us on the recent milestones & action plan of this ambitious initiative. Last but not least, we would like to congratulate […]

SolarPower Summit 2017: No issue with financing of RE projects in Africa – Michael Franz, Team Leader at Africa-EU Renewable Energy Cooperation Programme (RECP)

SolarPV.TV,  the Official TV Partner of the SolarPower Summit 2017 organized by SolarPower Europe, presents an interview with Michael Franz, Team Leader at Africa-EU Renewable Energy Cooperation Programme (RECP),  a African-European platform for promoting renewable energy market development and investment in Africa.  The RECP supports market development in a variety of ways. This includes the provision of critical […]

Brookfield To Acquire Controlling Interest In TerraForm Power & Acquire TerraForm Global

The fate of SunEdison’s two yieldcos has finally been settled, as Canadian asset management firm Brookfield Asset Management has agreed to assume a controlling stake and assume sponsorship of TerraForm Power, and acquire TerraForm Global. Earlier this year we reported that Brookfield Asset Management had entered into exclusive talks with both of SunEdison’s yieldcos — TerraForm Power […]

Clean Disruption News: U.S. power utility company AES Corp and AIMCo to buy solar developer FTP Power for $853 million

U.S. power utility company AES Corp (AES.N) said on Friday it would buy a privately held company that builds utility-scale solar projects, along with Canada’s investment fund manager Alberta Investment Management Corp, for $853 million in cash. The deal to buy FTP Power LLC, popularly known as sPower, from hedge fund Fir Tree Partners also […]

India’s Budget 2017: Finance Minister Arun Jaitley says solar power to feed 7,000 railway stations

Finance Minister Arun Jaitley today announced that around 7,000 railway stations would be fed through solar power in the medium term and work has already begun in that respect in 300 stations. “It is proposed to feed at least 7,000 stations with solar power in the medium term. A beginning has already been made in 300 stations,” Jaitley said in his […]

Saudi Aramco Said to Weigh Up to $5 Billion of Renewable Deals

World’s biggest oil producer planning solar investments Advisers including HSBC, JPMorgan pitching to help find deals Saudi Aramco, the world’s largest oil company, is considering as much as $5 billion of investments in renewable energy firms as part of plans to diversify from crude production, according to people with knowledge of the matter. Banks including HSBC […]

ADB Boosts Support for Clean Energy with $390 Million Renewables Financing in India

MANILA, PHILIPPINES — As part of its efforts to scale up private sector-led infrastructure development in Asia and the Pacific and boost support for clean energy, the Asian Development Bank (ADB) approved a new $390 million financing package for ReNew Power to develop renewable energy projects in India. The financing will assist 7 special purpose vehicles […]

Solar in MENA: Masdar Appoints IFC to Oversee Funding of Jordan’s Largest Solar Power Project

Masdar, Abu Dhabi’s renewable energy company, has selected International Finance Corporation (IFC), a member of the World Bank Group, to oversee the funding of the largest solar power plant in the Hashemite Kingdom of Jordan.  The solar power plant is a 200 MW photovoltaic facility being developed by the wholly owned Masdar subsidiary Baynouna Solar […]

“Green Lending” – Top Priority of The European Investment Bank (EIB) in East Africa

During During RES4AFRICA Program Launch Event “A step change in the deployment of Renewable Energy in Eastern Africa” held in Nairobi Kenya we had an exclusive opportunity to speak to Catherine Collin, Head of Regional Representation Eastern & Central Africa European Investment Bank.  Catherine has over 25 years of experience in the banking in`\\dustry with focus on development finance, particularly in […]

Solar Fuel? Bill Gates On Clean Energy, Donald Trump, And Stocks – Full interview courtesy CNBC

Bill Gates, Microsoft co-founder, and Breakthrough Energy Ventures co-chair, talks about creating innovative way to create clean, cheap energy, tariff, trade, Trump’s tweets and the stock market. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak […]

World Energy Hits a Turning Point: Solar That’s Cheaper Than Wind

A transformation is happening in global energy markets that’s worth noting as 2016 comes to an end: Solar power, for the first time, is becoming the cheapest form of new electricity.  This has happened in isolated projects in the past: an especially competitive auction in the Middle East, for example, resulting in record-cheap solar costs. But now unsubsidized […]

EDF Renewable Energy Signs 186 MW PPA with MCE from the Desert Harvest Solar Project, in Southern California

EDF Renewable Energy (EDF RE) announces the signing of a 20-year Power Purchase Agreement with MCE for up to 186 megawatts peak (MWp) / 150 MWac from the Desert Harvest Solar Project, in Southern California. The Project is expected to begin delivery of clean electricity to MCE starting in 2020. “We’re grateful to EDF RE not only for […]

Anticipating 24/7 – Abubakar Yerima at Nigerian Investment Promotion Commission

During the first ever solar event in Nigeria, “Nigus-LTI Solar Investment Summit” we spoke to Abubakar Yerima, Head, Overseas Operations at Nigerian Investment Promotion Commission who explained us on the example of LTI ReEnergy and Nigus Investments their 24/7 anticipating service for foreign investors :-). Abubakar is a flexible investment promotion professional with over 20 […]

Bill Gates, Jeff Bezos and Jack Ma join forces to invest over $1 billion in “next generation energy technologies”

Some of the world’s top business leaders will launch a new fund on Monday which will invest over $1 billion in “next generation energy technologies.” The investor-led fund will be known as Breakthrough Energy Ventures (BEV) and is set to put money into new technologies that will be able to deliver affordable and clean energy. […]

International Solar Alliance Framework Agreement Signed By More Than 20 Countries

Several countries agreed to work towards making the International Solar Alliance an intergovernmental body recognized by the United Nations at the sidelines of COP22 Marrakech climate change summit. More than 20 countries, including India, France, and Brazil, signed on a framework agreement that will see the International Solar Alliance become an intergovernmental body under the UN charter. […]

World Bank Approves an Additional $22.93 Million Grant to Support Grid-connected Rooftop Solar Program in India

The World Bank Board approved an additional grant of $22.93 million to further enhance the installed capacity of Grid-connected Rooftop Solar Photovoltaic (GRPV) Program and strengthen the capacity of relevant institutions for widespread installation of GRPV. The additional Global Environment Facility (GEF) grant will support the overall US$625 million GRPV program approved by the World […]