Global wind leader Siemens Gamesa Renewable Energy has announced two new wind supply contracts over the past fortnight, including an order for 250 megawatts (MW) for two wind farms in South Africa and 235 MW for a wind farm in Sweden.
More renewable energy tenders can now be expected in South Africa as the government approved an application by national utility Eskom to procure additional renewable energy.
The African Development Bank issued green bonds worth SEK 1.25 billion ($134 million). This was the first green bonds issue by the Bank this year, the fifth overall and the third in Swedish Krona.
South Africa’s landmark Renewable Energy Independent Power Producers Procurement Programme has not only helped change the power sector landscape of the country, but has also led to the emergence of the country’s largest bank as a leading investor in clean energy projects. Standard Bank has financed 40% of the 1,760 … [continued]
A concentrated solar power project in South Africa has secured approval for debt financing from the Overseas Private Investment Corporation of the United States. The Overseas Private Investment Corporation (OPIC) announced last week that it would provide $400 million in debt to a 100 MW concentrated solar power (CSP) project being developed … [continued]
