international development

Morocco Stays Renewable Energy Course Amidst Arab Spring

Morocco’s been able to steer a moderate, largely peaceful course since the Arab Spring, one that includes a strong commitment to realizing the goals of an ambitious national renewable energy / energy efficiency strategy. In a CleanTechnica interview, the director of Morocco’s new renewable energy agency laid out in more detail the aims, underpinnings, and means by which Morocco is working to realize its renewable energy and energy efficiency goals. […]

South Africa 2nd Round Renewable Energy Auction: 19 Awards Totaling 1.044 GW

It’s been a long time in the works, but South Africa’s renewable energy drive is on much firmer ground with the award of contracts to develop 19 new renewable energy projects. Valued at more than $3 billion, the projects will result in the construction of manufacturing facilities and the creation of more than 7,000 green jobs. That’s in addition to all the CO2, greenhouse gases, pollution and environmental degradation that will be avoided. […]

Japanese Retail Investors Fund ADB Clean Energy Projects

There are signs that there’s healthy demand on the part of retail and professional private sector investors, particularly in Japan, in helping finance the transition to clean, renewable energy. Through Nomura International, the Asian Development Bank last week sold a second, $339 issue of Clean Energy bonds in various foreign currencies to Japanese retail investors.

European Investment Bank to Support Caribbean Islands’ Geothermal Energy Project

A grant from the European Investment Bank will finance a feasibility study of building grid connections between geothermal power plants on Dominica to the neighboring islands of Guadeloupe and Martinique. Caribbean nations are increasingly looking to develop renewable energy resources as key enablers of achieving Millennium Development Goals and significantly reducing their reliance on polluting, imported fossil fuels.