Bank of Ireland is also planning to enter fast-growing area of global debt markets AIB on Wednesday became the first Irish bank to venture into the burgeoning green bonds market, raising €1 billion of capital to support lending towards renewable energy projects and green buildings. While the focus among banks and companies active in the […]
Grid synchronous inertia: Vital to stabilising the grid and preventing the next blackout
Taking the UK’s transmission system and the circumstances which led to a dramatic blackout as a direct example, Javier Cavada and Gary Preece of liquid air energy storage (LAES) systems company Highview Power look at how such events could be avoided, cost-effectively and with lesser environmental consequences. The stability of the energy grid in any […]
BP to invest $70 million in India’s Green Growth Equity Fund
With this BP would become a limited partner in the equity fund, have representation on its advisory committee, and also the rights to co-invest in projects alongside GGEF New Delhi: BP, UK-based oil and gas firm, on Tuesday said it is set to invest $70 million in India’s Green Growth Equity Fund (GGEF) with an […]
BHEL invites global OEMs to leverage its facilities
BHEL said its facilities and capabilities along with its tie-ups put it in a strong position to support any international company in setting up a base in India New Delhi: Bharat Heavy Electricals Ltd (BHEL) said on Monday it has floated an expression of interest inviting global companies to partner with and leverage its facilities […]
Vietnam needs diversified energy strategy to attract private sector investment: VBF
The Hanoitimes – The combination of private investment in renewables, natural gas and grid infrastructure could meet much of Vietnam’s investment costs in next periods. A diversified energy system, less dependent on coal, with increasing shares of energy produced by renewables, natural gas, and battery storage will be more secure, affordable and reliable, according to […]
AIIB weighs funding support for Oman’s first solar PV project
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. […]
Unlock long-term financing for solar power in Vietnam
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 […]
South Korean power company eyes $650m renewable energy project in Indonesia
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 […]
Panel Discussion on Renewable Finance and Investment- 2 part 1
Emicool, Total launch solar plant at Dubai Investment Park
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 […]