Markets & Finance

Fiji has become the first emerging market to issue a green bond, according to the World Bank.

The Clean Energy Finance Corporation (CEFC) and the Australian Renewable Energy Agency (ARENA) have both financed the Kennedy hybrid solar, wind and storage project in north Queensland, which is being developed Windlab and Eurus Energy.

The Ceylon Electricity Board (CEB) has permitted 90 small-scale solar projects under the second stage of the Suryabala Sangramaya Programme.

Canadian Solar has partnered with Israeli insurance and finance group Menora Mivachim in an effort to raise US$60 million to finance solar projects in Israel.

US trade association groups, the Energy Storage Association and Solar Energy Industries Association (SEIA), have called on their respective industries to assist hurricane relief efforts in the US and its territories.

London-based off-grid solar firm BBOXX is investing US$200,000 in EcoEnergy, a solar energy provider focused on rural Pakistan.

Norwegian firm Saga Energy has signed a preliminary agreement with Iranian state-run firm Amin Energy Developers to build solar plants requiring investment of €2.5 billion investment (US$2.9 billion) in Iran, according to a Reuters report.

The main challenge for the project was a water level variation of 21 metres between summer and monsoon seasons.

PV cell and module manufacturer TSEC Corporation has signed a memorandum of understanding (MoU) with the government of Pingtung County to aid the development of up to 1GW of solar PV capacity in southern Taiwan.

Senegal’s Electricity Regulatory Commission (CRSE) has issued Request for Proposals (RFPs) for 100MW of solar projects to be built in three regions.