Home Tag "German"

Enel team fires German battery

Enel Green Power Germany, Enertrag and Leclanche have inaugurated the 22MW Cremzow energy storage system in the German state of Brandenburg. The €17m battery project in Cremzow will support the stability of the German grid by providing frequency regulation services to the country’s primary control reserve, Enel said. “When the grid’s frequency decreases due to […]

German government warming toward carbon tax: paper

BERLIN: Germany looks set to introduce an economy-wide system of carbon emissions pricing after senior officials from both parties of Berlin’s governing coalition reached a consensus on the proposal, the Frankfurter Allgemeine reported on Sunday. According to the newspaper, Economy Minister Peter Altmaier, a conservative, had come round to the idea after initially opposing the […]

Nigeria: African Development Bank approves $15 million investment package for Infrastructure Credit Guarantee Company

The Board of the African Development Bank has approved a $15-million investment package to Infrastructure Credit Guarantee Company (InfraCredit), to support infrastructure financing through the domestic debt capital markets in Nigeria. The investment package to InfraCredit is comprised of a subordinated loan of $10 million and a risk sharing facility of up to $5 million. […]