The London-based development finance provider has made more than €50 million available for sustainable investment across three separate credit lines recently.
The new facility is expected to be connected to the emirate’s water network this month.
The first batch of five-year investments, offered through German-owned Polish lender Mbank, will raise money to expand a solar portfolio R.Power claims already stretches to more than 4 GWp in its domestic market.
Energy efficiency, electrification of heating and transport, and the provision of clean cooking facilities are all going in the wrong direction as the Covid crisis deprived millions in sub-Saharan Africa of electricity use, according to a report by the IEA, IRENA, WHO, World Bank and UN Statistics Division.
The technology company and inverter maker has created a new unit to operate in the renewables and e-mobility sectors. Elsewhere, China’s largest e-commerce company, JD.Com, has signed an agreement with the world’s biggest wind company, GoldWind, to establish a renewables joint venture.
The trade show will be held from October 5-7 under the auspices of the Covid-delayed global trade fair.
World Bank arm the International Finance Corp has now extended almost €76 million of credit into two sustainable lending facilities launched via Raiffeisen Bank.
Household heat pumps, EV chargers and rooftop solar panels will be able to earn their owners benefits in return for helping to balance grid networks struggling to accommodate new solar and wind power generation.
The holders of $500 million worth of senior notes which were not settled in late January have accepted the polysilicon manufacturer’s plan to issue fresh three-year investments, after a meeting in Bermuda on Friday.
The 15th edition of the world’s biggest solar exhibition got up and running in Shanghai today and we have exclusive images from the event.
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