Clean Energy Policy News
4 July 2017
As part of the NOOR multi-site and multi-technology solar power project whose total capacity is expected to reach 600–800 MW, has secured $25 million in funding from the Climate Investment Funds’ Clean Technology Fund. Learn more.
3 July 2017
The global financing market for energy-efficiency projects faces many hurdles, including asymmetric distribution of information, absence of standardized financing instruments, misinformation about potential obstacles and a lack of risk insurance. Now, a small team at IDB is targeting bringing multiple actors in the same arena to solve these issues via standardized contracts, risk insurance and third-party audits in Latin America. Learn more.
3 July 2017
At the recent Green Investing Conference, attendees—including energy investors, rating agencies and legal professionals—shared their vision of how can financing of solar power can be improved in the United States. Learn more.
27 June 2017
Financial institutions should be interested in deploying capital into energy efficiency as it brings the advantages of business opportunities, risk reduction, corporate social responsibility and reduced regulatory pressure. These are some of arguments made in the EEFIG Underwriting Toolkit, recently launched by the Energy Efficiency Financial Institutions Group (EEFIG) and the UN Environment Finance Initiative. Learn more.
26 June 2017
The Clean Energy Ministerial has announced a new campaign to speed up the deployment of electric vehicles and target at least 30 per cent new electric vehicle sales by 2030. The EV 30@30 campaign will support the market for electric passenger cars, light commercial vans, buses and trucks. It will also work towards the deployment of charging infrastructure to supply sufficient power to the vehicles deployed. Learn more.
23 June 2017
At the eighth Clean Energy Ministerial (CEM8) in Beijing, China and Brazil joined the CEM Multilateral Solar and Wind Working group. China also announced that it would join Germany and Denmark as co-lead of the two CEM campaigns initiated by the working group: the Corporate Sourcing for Renewables Campaign and the Advanced Power Plant Flexibility Campaign. Learn more.
16 June 2017
The African Development Bank (AfDB) is considering financing three projects within the feed-in tariff programme in Benban, Aswan for $60 million. A source at AfDB told Daily News Egypt the bank has allocated $18 million and $20 million worth of finances for each project in the electricity production plant that depends on solar power. Learn more.
16 June 2017
Sweden and Canada announced they were setting up a new global Technology Collaboration Programme under the International Energy Agency to promote leadership roles for women in clean energy. Learn more.
15 June 2017
The Clean Energy Ministerial (CEM) has announced the staff selected to support the new CEM Secretariat based at the International Energy Agency’s headquarters in Paris. The diverse new CEM Secretariat team consists of experts on international diplomacy and clean energy policy from around the world. Learn more.
14 June 2017
Financing for Phase 3 of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai has been completed, marking the latest significant milestone for the Masdar-led consortium, with EDF Group's subsidiary, EDF Energies Nouvelles, which is developing the 800-megawatt (MW) project in partnership with Dubai Electricity and Water Authority. Learn more.