BBVA to mobilize €100 billion by 2025 to fight climate change and drive sustainable development.

BBVA to mobilize €100 billion by 2025 to fight climate change and drive sustainable development.

In recent years, the world’s biggest banks have come under increased pressure from investors to adopt specific actions to fight climate change, promote ethical and sustainable financing, and cut exposure to lending to polluting businesses such as coal mining and coal-fired electricity generation. Many banks have responded by committing billions of dollars in support of […]

Aquila Capital opens new office in Amsterdam.

Aquila Capital opens new office in Amsterdam.

The opening of a local office underlines the firm’s strategy of being close to clients and its investments. In the last two years Aquila Capital has opened additional offices including Oslo and Madrid to build strong relationships with institutional investors and expand its investment activities across Scandinavia and the Iberian Peninsula. The Amsterdam office will […]

NRG Energy acquired by Global Infrastructure Partners.

NRG Energy acquired by Global Infrastructure Partners.

Global Infrastructure Partners (GIP), a leading global, independent infrastructure investor, announced today that its third equity fund, Global Infrastructure Partners III, has agreed to acquire NRG Energy, Inc.’s (NYSE: NRG) integrated U.S. renewable energy platform, including its controlling stake and 46% economic interest in NRG Yield, Inc. (NYSE: NYLD; market capitalization: $3.2 billion) as well […]

EBRD and Proparco committed US$ 58 million each for two 50 MW solar PV plants in Egypt.

EBRD and Proparco committed US$ 58 million each for two 50 MW solar PV plants in Egypt.

Egypt has taken a major step forward in its use of renewable energy sources with the support of the European Bank for Reconstruction and Development (EBRD) and Proparco, a French financial institution that supports private sector development projects in emerging economies. The two institutions have together provided US 116 million of financing for the construction […]

Mitsubishi reached an agreement to invest in US-based Nexamp.

Mitsubishi Corporation (MC) has reached an agreement to invest in US-based distributed generation company, Nexamp. The initiative is being executed through Diamond Generating Corporation (DGC), MC’s wholly owned subsidiary in the US. A number of notable changes have taken place in the US energy market in recent years. On the one hand, stricter environmental regulations […]

Solu-Dudhkoshi Hydro achieves financial closure.

Solu-Dudhkoshi Hydro achieves financial closure.

A consortium of 11 commercial banks, led by Nepal Investment Bank Ltd, has signed Loan Facilities agreement with Solu (Dudhkoshi) Hydroelectric Project on 4th August, 2016. The project with installed capacity of 86 MW is promoted by Hydro venture Limited which is 100% subsidiary of Sahas Urja Limited. 86 MW Solu Khola Dudhkhosi Hydropower Project […]

Tanzania launch pre-feasibility study of a multipurpose hydropower project in Kikongo.

A grant of €2 million to help the government of Tanzania launch the pre-feasibility study of a 300MW multipurpose dam, irrigation and hydropower project in Kikongo has been approved by The African Water Facility (AWF). The study will cover the irrigation scheme, agro-business development, the dam and its reservoir and the associated hydropower plant and the high […]

US invests $9.8bn in hydropower.

US invests $9.8bn in hydropower.

Funding worth $9.8 billion (£7.4bn) has been announced for hydropower projects in the US. They aim to develop innovative technologies that will reduce capital costs and deployment timelines for pumped-storage hydropower and non-powered dams. The Department of Energy estimates hydropower in the US could grow from 101GW to nearly 150GW of combined electricity generation and […]

US Energy Department gives $11 million to advance innovations in solar.

US Energy Department gives $11 million to advance innovations in solar.

The Energy Department’s Office of Energy Efficiency and Renewable Energy today announced a total of $11 million for 16 projects intended to develop innovative, early-stage solutions in both photovoltaics (PV) and concentrating solar power (CSP). Ten of the projects are small-scale research and development (R&D) projects designed to push the limits of PV technologies, potentially […]

1 2 3 12