Major Thailand-based financier TMB Bank has issued the country’s first green bond, with the World Bank's IFC as the sole investor of the US$60 million bond, the funds of which will be used exclusively to finance climate-smart projects, particularly renewable energy.
UK-based off-grid renewables specialist BBOXX has signed a deal with the Government of the Democratic Republic of Congo (DRC) to bring clean power to 2.5 million citizens across the African country by 2020, via off-grid solar kits and mini-grids.
Hive Energy and Wirsol’s bid to build a 350MW solar farm on the Kent coast has entered a second phase of consultation, with the duo now expecting final approval in 2020.
SunFunder has established a US$1.2 million facility for Questworks, a Kenyan firm focused on developing a pipeline of commercial and industrial (C&I) PV projects within the country.
The World Bank and the Government of the Republic of the Marshall Islands launched two climate change related projects that will boost investment in renewable energy and spur energy efficiency.
Advisory and certification house DNV GL is supporting Turkish plans to source 30% of total electricity generated in the country from renewable sources, carrying out a feasibility study for combinations of solar PV and energy storage.
India has approved implementation of Phase-Ill of its ‘Off-grid and Decentralised Solar PV Application Programme’, which targets an additional 118MW off-grid solar PV capacity by 2020, in street lights, study lamps and home systems.
Port operator DP World’s Jebel Ali Free Zone (Jafza), a free economic zone at the western end of Dubai, has launched the UAE’s first green storage and warehouse facilities and is set to install 88,000 PV modules across its Dubai facilities' rooftops.
