A significant decline in the cost of PV modules and project construction, as well as a shift from small-scale projects to cheaper capex utility-scale projects, is a main driver for an clean energy investment slowdown in 2016, says Bloomberg News Energy Finance (BNEF).
The US Department of Energy SunShot Initiative’s Orange Button programme kicks off today and tomorrow in San Francisco with the first face-to-face meetings of the initiative, which aims to establish unified datasets in an effort to reduce financing costs across the industry.
Green bonds have the potential to unlock vast new sums of capital for the deployment of solar and other low-carbon infrastructure. Katie House looks at how a relatively new concept is rapidly evolving into a potentially major source of clean energy finance.
The latest report from the Climate Bonds Initiative (CBI), an investor-focused non-profit organisation, found that of the US$694 billion of climate bonds outstanding in 2016, energy accounted for 19% at US$130 billion, exemplifying a push in investment for renewable energy projects.
UK-based renewable energy companies and associations have unanimously welcomed news that the government has set the fifth carbon budget at the recommended level, but warned of the work ahead needed to meet those targets.
A panel of development finance institutions and project developers at the annual Africa Energy Forum on Friday discussed how they are shaping the continent’s emerging energy sector; in taking on the risk that commercial capital typically will not.
The World Bank will finance various energy, water and infrastructure projects in northern Kenya under its US$1.1 billion North-eastern Kenya Development Initiative, according to reports.
The Indian government has launched a request for proposals for renewable energy projects to tap into the multi-billion dollar Green Climate Fund (GCF).
