investment

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.

UK-based flexible organic photovoltaics (OPV) thin-film start-up Eight19 has secured a new round of funding totalling £1.3 million (US$1.69 million).

IEA finds renewables investment down 3%, Huntec to build 370MW in Mexico, Meeco to build 57 small-scale systems in Guyana, Enel and SeedWorld collaborate to find Africa energy startups.

A total of US$35.6 billion was invested in solar energy worldwide in Q2 this year, according to Bloomberg New Energy Finance (BNEF).

Sandeep Nath, CMO, Shri Shakti Alternative Energy Ltd, an India-based company that offers specialized Solar O&M Solutions and diagnostic services, discusses how to approach acquiring plants from an O&M perspective.

Indian state-run Rural Electrification Corporation (REC) is to raise US$450 million through its first ever 10-year Green Bonds with listing at London and Singapore, according energy minister Piyush Goyal.

South Korean government-owned financial institution Korea Development Bank (KDB) has issued its inaugural Green Bonds to raise US$300 million.

UK solar and wind asset owner Greencoat Renewables is eying an IPO to raise as much as €250 million (US$280 million) to pursue additional wind and solar projects across Europe.

The World Bank announced last week that its Board of Executive Directors approved the Second Energy Sector Project, which will help strengthen Mongolia’s electric grid and develop a 10MW installation within the country.

Renewable energy is indeed the future, according to Bloomberg New Energy Finance’s latest report, which forecasts technologies such as wind and solar to “dominate” the future of electricity by 2040, making up 48% of the world’s installed capacity and 34% of electricity generation.