Renewable energy projects across the world received funding worth $6 billion in 2015 from multilateral banks, a recent report has revealed. The World Bank, The European Investment Bank (EIB), the Inter-American Development Bank (IDB), the Asian Development Bank (ADB), the African Development Bank (AfDB), and the European Bank for Reconstruction … [continued]
The Indian Government is looking to ramp up financing for renewable energy projects as it looks to achieve large capacity addition targets. Government-owned financial entities Rural Electricity Corporation (REC) and Power Finance Corporation (PFC) are expected to make available around $15 billion to renewable energy projects. The two companies are … [continued]
After attracting interest from renewable energy project developers from around the world, Egypt is likely to get financial support from development banks in Europe to make make the projects operational. The European Bank for Reconstruction and Development (EBRD) announced that it has received funding requests from as many as 67 … [continued]
It is a well known fact that China is the leader in developing domestic renewable energy infrastructure, but an analysis of the country’s foreign investment shows that it has also made significant contributions in the development of renewable energy infrastructure across the world. The Chinese government and Chinese companies have made investments of at least $40 billion in renewable energy projects across … [continued]
