OneWatt Solar (OWS) has successful raised N3 billion under its N10 billion Green Bond Issuance Programme. The debt instruments comprised a N2 billion 7-year Green Bond Issue (Tranche I) and a N1 billion 7 year Green Sukuk Issue (Tranche II). According to the company, the issuance was the first of its kind in several categories, […]
Adenia Acquires Distributor of Electrical And Solar Equipment in South Africa
Adenia Partners, a private equity firm investing in Africa, has acquired a majority stake in Herholdt’s, a leading distributor of low-voltage electrical products and solar products in South Africa. Financial terms of the transaction have not been disclosed. Established in 1964, Herholdt’s operates in Bloemfontein, Kimberley and George, and has recently opened branches in Johannesburg […]
Global calls for green action
The drumbeat is growing louder for a shift to green technology and infrastructure throughout the world, including in Cambodia, which is still mostly reliant on “brown” energy consumption as it hopes to balance cost-efficient development with sustainable technology. At an Asian Vision Institute (AVI) webinar on Cambodia’s efforts to achieve its sustainable development goals (SDGs), […]
India needs $2.64 tn investment to meet SDGs by 2030: Report
India needs a whopping USD 2.64 trillion investment to meet the UN’s sustainable development goals (SDGs), offering the private sector an investment opportunity of over USD 1.12 trillion by 2030, according to a report. According to the Standard Chartered SDG Investment Map, the total investment that the country needs to make by 2030 is a […]
Which energy storage technology is going to power Australia’s future?
Recent events in Australia indicate a growing appetite for renewable energy and energy storage in the energy sector. Pumped hydro, thermal energy storage, hydrogen—which form of storage will reign supreme Down Under? New regulations and a growing share of renewables are changing the way the electricity market operates in Australia, opening up a playground for […]
