Solar developer ACWA Power has secured a total US$114 million from financial institutions to fund the construction of what it claims will be Egypt’s largest private solar plant.
Development finance duo sponsor US$154m scheme to support government of drought-stricken African nation as it deploys 100MW green energy pipeline with the help of feed-in tariffs.
GCF backs US$537m scheme to lower credit barriers for solar (280MW) and wind (50MW) IPPs in African country, in year when Eskom’s woes have cast doubts over state-offtaker route.
UN-, Netherlands-backed fund will invest US$850m in 1.7GW clean energy pipeline in African, Asian states, with solar meant to account for 40% of portfolio.
News from Hevel, a Solaria lawsuit, US$100m for solar from the Green Climate Fund, more Japanese finance for Canadian Solar and a new home for Intersolar India.
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 Indian government has launched a request for proposals for renewable energy projects to tap into the multi-billion dollar Green Climate Fund (GCF).