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AIIB weighs funding support for Oman’s first solar PV projectThe Asian Infrastructure Investment Bank (AIIB), a multilateral development bank with a mandate to support infrastructure development in the Asia-Pacific region, has revealed that it is studying a request for around $60 million in funding support from the developers of Oman’s first utility-scale solar PV project. […]

Asia - Pacific

Unlock long-term financing for solar power in Vietnam

January 30, 2020 Anand Gupta

The Asian Development Bank has just signed a $37.8 million loan deal with TTC Energy Development Investment JSC to provide long-term financing to develop and operate a 50MW photovoltaic solar power plant in Tay Ninh province in Vietnam. The Asian Development Bank’s (ADB) assistance for the Gulf Solar Power Project was provided through an innovative […]

Asia - Pacific

South Korean power company eyes $650m renewable energy project in Indonesia

January 21, 2020 Anand Gupta

A South Korean power producer is looking to finance a hydropower plant project in Central Java that would be the coal buyer’s first renewable energy deal with Indonesia. Korea Southern Power (KOSPO) is currently reviewing a feasibility study to develop the 230-megawatt (MW) Maung hydropower plant in Banjarnegara, Central Java, with Indonesian state-owned construction firm […]

Video

Panel Discussion on Renewable Finance and Investment- 2 part 1

January 8, 2020 Anand Gupta

Panel Discussion on Renewable Finance and Investment- 2 part 1

Middle East & Africa

Emicool, Total launch solar plant at Dubai Investment Park

December 7, 2019 Anand Gupta

Emirates District Cooling (Emicool) said it has joined hands with Total Solar Distributed Generation, a wholly-owned subsidiary of French energy giant Total mainly dedicated to the development of distributed solar energy solutions for commercial and industrial partners, for a key solar system at the Dubai Investment Park (DIP). A leading district cooling service provider in […]

Asia - Pacific

Indonesia Dangles Cheaper Energy to Lure Billions in Investment

December 5, 2019 Anand Gupta

Indonesia is touting an abundance of low-cost renewable energy to lure billions of dollars in investment Southeast Asia’s largest economy needs to build processing plants for commodities such as nickel, copper and aluminum. Indonesia is touting an abundance of low-cost renewable energy to lure billions of dollars in investment Southeast Asia’s largest economy needs to […]

Asia - Pacific

How the Philippines can lead in floating solar technology in Asia

November 20, 2019 Anand Gupta

If solar panels can withstand the waters of the typhoon-prone country, they should survive anywhere in the region, said an expert. Will regulators allow ongoing pilot projects to be scaled up? An array of solar panels floats on the waters of San Antonio in San Pedro, one of the cities surrounding Laguna de Bay, the […]

Middle East & Africa

Jordan: A case study in expanding renewable energy

October 7, 2019 Anand Gupta

Jordan has been at the forefront of renewable energy deployment in the Middle East, with the sector accounting for 7.9% of the country’s total electricity generation in 2018 compared to 2% in 2013. Yet, challenges hindering the upscaling of renewables are multiplying as the sector gains momentum. Being an early adopter of renewables, Jordan’s experiences […]

India

Govt must set up an investment trust to fund green infrastructure projects

October 4, 2019 Anand Gupta

The government needs to set up a Green Investment Trust to fund green infrastructure projects and look for an oversees green bond market. The “Earth Summit” of 1992, in Brazil, brought in a paradigm shift in concept of development with increasing recognition that environmental and economic policies must work in tandem to improve the quality […]

Renewable Energy

German climate plan envisages more investment, renewables growth

September 28, 2019 Anand Gupta

BERLIN : Investment by German industry should rise by an extra 9.3 billion euros ($10.19 billion) to 2030 under the government’s climate plan, boosting total economic output by half a percentage point, according to a draft seen by Reuters on Thursday. The plan, implementing the landmark climate deal reached by coalition parties last week, envisages […]

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