The Green Climate Fund (GCF) is providing nearly half the funding necessary for a scheme to deploy solar mini-grids across 100 villages in Burkina Faso.
The Asian Development Bank (ADB) will invest THB5 billion (US$155 million) in Thai firm B.Grimm Power's maiden 5-year and 7-year green bonds – the first certified climate bonds to be issued in Thailand – in order to finance renewable energy projects in the Southeast Asian country.
The UK government is to provide £100 million of funding to the Renewable Energy Performance Platform (REPP) to support up to 40 new renewable energy projects in sub-Saharan Africa including small-scale solar, wind, geothermal and biomass sources up to 2023, along with £105 million for certified green buildings in emerging markets.
House Bill 8197 granting private firm Solar Philippines a 25-year PV mini-grid and transmission franchise across the Philippines passed through its third and final reading on Monday.
The Philippines Competition Commission (PCC) has cleared Kepco Philippines Holdings to acquire a 38% share in Solar Philippines Calatagan Corporation (SPCC), a unit of Solar Philippines.
India's National Bank for Agriculture and Development (NABARD) and the Green Climate Fund (GCF) have sanctioned US$34.4 million support for a groundwater recharge and solar micro-irrigation project to ensure food security and enhance resilience in vulnerable tribal areas of Odisha.
Myanmar-based off-grid PV company SolarHome has raised US$10 million in debt funding from a group of international investors, including Crowdcredit from Japan and Trine from Sweden, in order to expand across Myanmar.
UPDATED: A controversial House Bill granting private Filipino firm Solar Philippines a PV mini-grid and transmission franchise across the Philippines has all but passed through Congress, with only a procedural third step left to confirm the final draft of the Bill.
