Financial offerings by renewable energy companies are quite a hit globally these days. The latest example of the success that companies have been able to secure in raising funds is from the US-based solar panels manufacturer SunPower. SunPower recently raised $400 million by offering debentures. The financial instruments were offered … [continued]
The fear of several investors looking to expand their footprint into Pakistan’s solar power sector seem to have come true as the national electricity regulator announced a sharp cut in feed-in tariffs. Pakistan’s National Electric Power Regulatory Authority (NEPRA) has announced tariff reduction for solar power projects by around 25%. … [continued]
Originally published on Sustainnovate. One of India’s leading information technology companies, Infosys, has emerged as a shining example of sustainable growth for the Indian economy. The company has taken significant strides with regards to renewable energy usage over the last few years, and it has even been nominated as a … [continued]
Originally published on Sustainnovate. One of India’s leading information technology companies, Infosys, has been designated a finalist for the coveted Zayed Future Energy Prize. The nomination is the result of the company’s dedicated and sustained effort to make its operations environmentally sustainable, including an aim to be carbon neutral by … [continued]
India’s securities market regulator has finally taken steps to match the government’s eagerness to promote green bonds to support development of low-carbon infrastructure in the country. The Securities and Exchange Board of India (SEBI) recently approved that new norms for issuance and listing of green bonds shall be opened for … [continued]
The global green bonds market had another blockbuster month in November, issuing more green bonds than any month so far this year. According to the Climate Bonds Initiative, green bonds worth $7.4 billion were issued during November, topping the October total of $5.19 billion. With the November issuance, the cumulative … [continued]
The Pakistani Government’s push towards expansion of renewable energy infrastructure and direct negotiations with foreign governments has yielded results in terms of increased investment. Foreign investors have poured $3 billion over the last year into the renewable energy sector in Pakistan, officials from the Alternative Energy Development Board (AEDB) have said. … [continued]
Pakistan is looking to increase the share of renewable energy in its overall energy mix substantially and has announced a roadmap that will see around 3.5 GW wind energy capacity operational by 2018. The Alternate Energy Development Board (AEDB) recently announced that over 40 wind energy projects are in various … [continued]
Egypt’s grand plans to boost development of solar power infrastructure seem to be taking shape. The Aswan Governorate recently announced plans to set up 39 solar power projects with a total cost of $3 billion, which will be set up as per the rules and regulations already stated by the … [continued]
In another significant development in the budding Indian green bonds market, one of the country’s leading private banks has signed an agreement with the London Stock Exchange. Yes Bank, one of several of India’s private banks, recently signed an agreement with the London Stock Exchange (LSE) regarding the listing of … [continued]
