HEP to invest $153.96 million by 2030

December 2018

Croatia’s state-run power utility HEP aims to increase the renewable energy capacity to 50 per cent of its total power capacity from the current 35 per cent. This will be achieved by investing $153.96 million […]

Sweden, India sign two renewable energy pacts

December 2018

Sweden and India signed two MoUs in the renewable energy space to enhance technology and bring in power efficiency. According to the Embassy of Sweden, the first MoU was signed between Swedish firm Spowdi and […]

GCF to install mini-grids in Burkina Faso

December 2018

The Green Climate Fund will provide approximately $27.54 million to the Yeleen Rural Electrification Project in Burkina Faso. The funds will be used to install solar mini-grids in rural pockets of the country to provide […]

ADB to invest $155 million in B.Grimm Power

December 2018

The Asian Development Bank (ADB) will invest $155 million in B.Grimm Power, a Thai electric power generation company, through five-year and seven-year green bonds. These green bonds will be the first certified climate bonds to […]

UK to invest 100 million pounds in sub-Saharan Africa

December 2018

The British government will provide £100 million ($127 million) for a scheme to help support renewable energy projects in sub-Saharan Africa. The government will invest the money in the Renewable Energy Performance Platform (REPP) which […]

California to make all new households net-zero

December 2018

Beginning 2020, all new homes in California will be required  to incorporate rooftop solar. According to official sources, the new mandate is expected to add $10,000 to the cost of building a house, about $8,400 […]

Serb Republic to develop a 49.5 MW wind farm

December 2018

Bosnia’s autonomous Serb Republic is seeking bids to build and operate a 49.5 MW wind farm in Grebak, located near the southwestern town of Nevesinje. Expected to cost about $75.8 million, the farm will comprise […]

Old electric bus batteries to store solar energy

December 2018

Volvo Buses, Göteborg Energi, Riksbyggen and the Johanneberg Science Park are working together in a project to examine an innovative way of storing electricity in apartments that derive captive power from rooftop solar panels. The […]

Bank Windhoek issues first green bond in Namibia

December 2018

Namibia’s largest locally owned bank and its second largest lender bank Windhoek has issued the country’s first green bond to finance eligible green projects and assets. The bond is listed on the Namibia Stock Exchange […]

Octopus Investments signs PPA with Shell Energy

December 2018

British company Octopus Investments has signed a five-year power purchase agreement (PPA) with Shell Energy Europe Limited to supply power from its solar projects in Italy. The deal is Octopus’s first in Italy and will […]

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