investment

Philippines-based commercial bank, BDO Unibank, has issued its first green bond investment for US$150 million to sole investor the International Finance Cooperation (IFC), to expand finance for private sector investments and to tackle climate change.

Altus Power America has increased its investment capital by US$150 million for large scale commercial, community and small utility scale solar projects.

The Abu Dhabi Fund for Development (ADFD) has financed a two-year renewable energy training programme for Pacific Island countries.

The World Bank is providing US$150 million in credit for off-grid solar energy in marginalised communities of Kenya.

Engie is investing in Kingo Energy and Mera Gao Power aiming to bring renewable energy to over 2 million people in Central America and India by 2020.

The solar industry must grow up and revamp its approach to lobbying, a panel of US solar and utility experts have said.

The future for Tesla-SolarCity could lie in aggregating rooftop PV with stationary energy storage, EVs and other distributed energy resources, the head of energy storage market analysis at Bloomberg New Energy Finance (BNEF) has said.

Despite claims by the company and automatic acceptance by the mainstream media, SunEdison’s position as the ‘world's largest renewable energy developer’ almost came to fruition in 2015.