The government of Bangladesh has signed a $185 million financing agreement with the World Bank to add about 310 MW renewable energy generation capacity, which will contribute to reliable, affordable electricity and cleaner air.
Renewable energy
Mondelēz International Announces Renewable Energy Partnership in the U.S. with Enel Green Power North America
Mondelēz International and Enel Green Power North America, the Enel Group’s US-based renewables company, today announced the signing of a twelve-year power purchase agreement (PPA) under which Mondelēz International will purchase the energy delivered to the electricity grid from a 65 MW portion of Enel Green Power North America’s Roadrunner project, a solar farm in Texas, United States.
AfDB announces EUR 40 million investment from the European Commission for the Facility for Energy Inclusion (FEI)
The African Development Bank (AfDB) announced a EUR 40 million investment from the European Commission for the Facility for Energy Inclusion (FEI), a new platform for financing small-scale renewables in Africa.
Ethiopia: AfDB’s Sustainable Energy Fund approves grant to spur renewable investments
The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank on 17 May 2019 approved a $995,000 grant to support the roll out of a sustainable procurement framework for Independent Power Producers (IPPs) in Ethiopia.
Vantage GreenX Note II provides R2bn of funding to six renewable energy projects in South Africa
Vantage GreenX Fund Managers announced on Monday that through its second renewable energy fund, Vantage GreenX Note II, it has provided R2.05bn of funding to a combination of six solar and wind energy projects with a combined capacity of 433MW.
MDB Climate Finance Hit Record High of US$35.2 billion in 2017
An increase of nearly 30 per cent on the previous year, boosting projects that help developing countries cut emissions and address climate risks. Climate financing by the world’s six largest multilateral development banks (MDBs) rose to a seven-year high of… Read More ›
African Development Bank, Green Climate Fund and Africa 50 support Desert to Power programme
The African Development Bank, the Green Climate Fund (GCF) and the Africa50 investment fund signed a letter of intent to collaborate on the Desert to Power programme on the sidelines of the Bank’s Annual Meetings, Busan, Korea. The Desert to… Read More ›
