Clean Energy Finance News
6 March 2018
The Lab—a public-private initiative composed of experts in sustainable investment from governments, development finance institutions, and the private sector—reached a significant milestone this week. The 26 investment vehicles incubated and launched by the Lab have now mobilized over $1 billion for sustainable development and action on climate change. Learn more.
5 March 2018
The Private Financing Advisory Network (PFAN) has launched a call for proposals for climate and clean energy projects and businesses in sub-Saharan Africa and Asia. Selected projects will receive no-cost coaching by professional consultants and, once they are investment-ready, benefit from PFAN’s investment facilitation services. Entrepreneurs looking to initiate or scale-up clean energy or other climate change-related projects and seeking an investment of up to $50 million are invited to apply. Learn more.
14 February 2018
The Lab—a public-private initiative composed of experts in sustainable investment from governments, development finance institutions and the private sector—has picked a new class of investment vehicles to drive finance to low-carbon, climate-resilient global development. The nine new instruments tackle persistent investment barriers in clean energy, low-carbon transit and sustainable land use in developing countries, with a focus on Brazil and India. Learn more.
26 January 2018
The International Renewable Energy Agency (IRENA) and the Abu Dhabi Fund for Development (ADFD) have collaborated on a joint project facility to support replicable, scalable and transformative renewable energy projects in developing countries. The latest funding cycle offers approximately USD 50 million in concessional loans from ADFD. The deadline for applications is 15 February 2018. Learn more.
13 January 2018
Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, and the International Renewable Energy Agency (IRENA) today announced that USD25 million in concessional loans from ADFD have been earmarked for two solar PV projects, one each in Mauritius and Rwanda. Learn more.
16 November 2017
ADFD, IRENA Open New Round of Funding for Renewable Energy Projects in Developing Countries, Invite Applications »
The International Renewable Energy Agency (IRENA) in collaboration with the Abu Dhabi Fund for Development (ADFD) is now welcoming applications for a fourth round of funding to support renewable energy projects in developing countries. The funding round of approximately USD 50 million is part of a USD 350 million (AED 1.285 billion) commitment by ADFD to provide concessional loans to projects endorsed by IRENA over seven funding cycles. Learn more.
26 October 2017
The India Innovation Lab for Green Finance—a group of investors and government representatives that accelerates green finance instruments to meet India’s green infrastructure goals—has launched two new instruments that could help catalyze millions of dollars for clean energy in India. The new instruments are Solar Investment Trusts and Sustainable Energy Bonds. Learn more.
13 October 2017
US-India Clean Energy Finance (USICEF) has selected the first class of project developers in Indian distributed solar power to receive grant support for project preparation activities. Learn more.
19 September 2017
ECREEE, CTCN and PFAN have launched a call for proposals for women-led sustainable energy enterprises in West-Africa, as part of the CTCN/ECOWAS Project on Mainstreaming Gender for a Climate-Resilient Energy System in West Africa. Women-led businesses employing clean energy solutions to facilitate women’s economic empowerment in the ECOWAS countries and seeking investments of up to USD 50 million are invited to apply by the 20th of November 2017. Learn more.
30 August 2017
Between USD 1 billion and USD 2 billion of energy-related early-stage venture capital deals are made every year. Though small relative to the size of total investment in the energy sector, these investment flows provide valuable information about which technologies are favored by investors and which ones could make their mark in coming years. These deals also have implications for government policy whose goal is to help ensure public and private innovation is delivering the technologies needed to meet energy-system objectives. Learn more.