In Short : Solar PV and battery storage are rapidly gaining prominence in emerging markets, driven by plummeting costs, technological innovation, and rising demand for reliable clean power. Hybrid solar+BESS projects are boosting grid stability, reducing diesel reliance, and expanding energy access across Africa, Asia, and Latin America. Despite financing and recycling challenges, these solutions […]
In Short : Standard Chartered has issued a $1 billion social bond to fund sustainable development projects in emerging markets. The bond will support initiatives in affordable housing, healthcare, education, and job creation, targeting low- and middle-income countries. This aligns with the bank’s commitment to driving social impact and advancing global sustainability goals. In Detail […]
As more countries join the “gigawatt club” this decade, new markets will bring new kinds of challenges for solar. Emerging solar markets will come of age in the 2020 as countries from Saudi Arabia to Pakistan to Malaysia join the “gigawatt club.” Outside of the OECD, there are now auctions planned in 44 countries, and […]
Formed by a merger of Spain’s Gamesa with the wind power unit of Siemens, Siemens Gamesa said full-year revenue came in at 9.12 billion euros versus 10.96 billion euros a year ago MADRID: Wind turbine maker Siemens Gamesa said on Tuesday commodity prices and emerging market volatility would hit profit margins in 2019 as it […]