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Finance

InnoEnergy makes funding for innovation available year-round

Although originally opened for two months between February and April, InnoEnergy’s Investment Round for the year 2017 is now accessible all year round to support innovative solutions that may reshape the future of the energy industry.

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Clean energy spending in 2016 hits 43% share of total supply investment, finds IEA

The International Energy Agency’s World Energy Investment report sees global spending on energy fall by 12% overall in 2016, marking the second-consecutive year that investment has dropped as less money is poured into costly gas and oil infrastructure. Clean energy spending, meanwhile, is on the up.

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Report: Global corporate funding of solar reached $4.6 billion in first half of 2017

Despite a robust first quarter, Mercom CEO Raj Prabhu says the uncertainty surrounding the Suniva trade case caused a dip in the second quarter and could have devastating effects going forward.

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IFC invests $103m in India’s solar green bonds

The private sector financing arm of the World Bank has subscribed to India’s first official Green Bonds via a $103 million investment in L&T Infrastructure Finance Company, which is a subsidiary of L&T Finance Holdings.

Engie in talks for large-scale solar farm at Chernobyl

The French energy developer is holding discussions with the Ukrainian government about the possibility of building huge solar farm in radioactive zone.

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India’s solar goal makes it global frontrunner in climate change fight, says World Bank

The global lending institution praises India’s solar program in new report, noting how clean energy sources are beginning to displace coal at a sweeping rate.

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QTC Energy unit buys 15% stake in GEP

Bangkok-based QTC Global Power has paid 67.84 million baht ($1.9 million) for a stake in Thai PV developer Green Earth Power (GEP), which is building a 220 MW solar installation in Myanmar.

India’s Rural Electrification Corporation issues $450 million green bond in UK

The 10-year green bond paying a hefty annual yield of 3.965% stirred up strong interest of investors on the London Stock Exchange.

India: ACME Solar receives $108m funding injection from Piramal

Haryana-based solar power developer has received financing in the form of flexible credit, designed to allow ACME Solar to draw on and repay funds over the duration of the loan agreement.

Neo Solar Power subsidiary sells 14.68 MW solar project in Fukushima, Japan

Neo Solar Power’s subsidiary has completed the transfer of 100% of shares of its solar project in Fukushima, in what is the first ever large-scale solar transaction by a Taiwanese company in Japan.

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