Leading asset management group BlackRock has taken its Renewable Income UK fund up to £1.1 billion (US$1.43 billion), making it one of the largest single investments in renewable energy.
The Asian Development Bank (ADB) has invested THB1,968 million (US$57.7 million) in Thai power firm B. Grimm Power Public Company (B. Grimm) to develop renewable energy projects in Southeast Asia.
Muren Guler, managing director of consultancy Global Energy, discusses the benefits of co-development in emerging markets and alternatives to the strategy of acquiring ready-to-build projects.