The Philippines will soon have over 600 renewable energy projects operational as it prepares to significantly expand its clean energy infrastructure. As of 31 October, 2015, the Philippine Department of Energy had approved a total of 616 renewable energy projects. Hydro power leads all other technologies in terms of projects and … [continued]
With plans to significantly increase its share in the rapidly expanding Indian wind energy sector, Inox Wind, one of the country’s leading wind turbine manufacturers, has expanded one of its production facilities. Inox Wind, one of the only two wind energy companies listed on the Indian bourses, has announced that … [continued]
One of the largest Chinese module manufacturers, JA Solar, announced that it has completed delivery of 92.5 MW solar PV modules in mid-October to be installed at the Philippines largest solar PV power project. The 132.5 MW project is being built in Cadiz City, in the Negros Occidental province of the … [continued]
Iran continues to attract global interest in its largely under-developed renewable energy sector. According to the Iranian news agency, Mehr, the Iran Energy Ministry has recently signed a deal with a German company to build 1,250 MW of solar power plants in the Tehran province. While not naming the German … [continued]
Financial as well as non-financial institutions and agencies continue to partner with the Climate Bonds Initiative to increase their presence in the global green bonds market. The Climate Bonds Initiative recently announced that EY (formerly Ernst & Young), one of the world’s leading auditing firms, and Thompson Reuters, a leading … [continued]
Positive regulatory and economic environment is helping Indian renewable energy project developers consider raising equity funding at high valuations. Mytrah Energy, an Indian independent power producer in the renewable energy sector, has announced plans to raise approximately $185 million through equity finance for solar power projects. The company, which has so far … [continued]
The government of Sindh province in Pakistan has taken a significant step towards strengthening the power generation infrastructure through renewable energy projects, following in the footsteps of its neighbouring province, Punjab, which has already taken major strides in setting up renewable energy projects. The Sindh provincial government approved allocation of … [continued]
One of the world’s largest rail networks is planning to raise funding through green bonds to finance development of renewable energy infrastructure. Indian Railways is expected to issue its first green bonds to finance project development in accordance with the capacity addition targets announced this year. According to officials of … [continued]
In a clear sign of increasing financial competitiveness of renewable energy projects vis-a-vis conventional power plants, one of India’s leading private sector power generators has carved out all its renewable energy assets into a separate company. Tata Power has announced the launch of Tata Power Renewable Energy Limited as a … [continued]
With a likely aim to strengthen its power sector, reduce costs, and increase energy access, Bangladesh has announced ambitious plans to set up renewable energy projects. The Bangladeshi Government has set a target to have 3,168 MW of renewable energy capacity installed by 2021. The Government also aims to have … [continued]
