AfDB and Green Climate Fund partner to develop renewables in Africa
The African development bank (AFDB) and the Green Climate Fund (GCF) have entered what is described in a press release by the AFDB as a “full-scale” partnership, with the long-term goal of unlocking Africa’s renewable energies potential.
Octopus Investments expands refinancing with GBP 80 million
Already managing one of the largest solar investment funds in Europe, Octopus Investments has added an additional GBP 80 million, and acquired a further 100 MW solar project.
Actis look at sale of Ostro Energy to ReNew Power
Ostro Energy acquisition by ReNew Power Ventures may rank among India’s biggest renewable energy deals.
International Solar Alliance is now an international legal body
The international solar alliance framework agreement receives 15 ratifications, as the Republic of Guinea becomes the 15th country to do so. The founding ceremony of ISA is scheduled for December 08, 2017 in Greater Noida, India.
responsAbility and Cleantech Solar will develop rooftop solar in Asia
responsAbility and Cleantech Solar have signed an agreement for $20 million to finance rooftop solar energy for commercial and industrial customers in South-East Asia and India.
Global Environment Facility along with ADB will provide $454 million funding to EESL clean energy projects
Energy Efficiency Services Limited EESL’s projects, under one of the largest funding by Global Environment Facility (GEF) to date, will mitigate 60 million tons of CO2 emissions. UN Environment’s ‘District Energy in Cities’ initiative already identified $600 million of energy efficiency projects across five cities in India.
EBRD to provide financial assistance to International Solar Alliance
International Solar Alliance (ISA) and the European Bank for Reconstruction and Development (EBRD) have signed the joint financial partnership declaration to support solar energy projects developed under ISA programs.
UK’s Green Investment enters the Indian market
Companies within Macquarie Infrastructure and Real Assets; Light source Renewable Energy and UK Climate Investments, part of the Green Investment fund enter into partnership platform to enter Indian Solar market for its development, acquisition and ownership of solar assets.
Tata Power-DDL and GIZ sign MoU for India’s renewable energy
The two organizations will collaborate on areas broadly including grid-connected solar rooftops, energy storage systems, electric vehicles, smart grid initiatives and energy efficiency measures.
5 MW solar installation unveiled on railway stations in New Delhi
The total capacity of 5 MW Solar as part of railways 1,000 MW solar mission is commissioned on four central stations – Hazrat Nizamuddin, Anand Vihar, New Delhi, and Old Delhi Railway Station.
