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Russia’s Yakutia Republic announces wind investment

  • 9 years ago (2014-07-14)
  • Junior Isles
The government of Russia’s Sakha (Yakutia) Republic in Siberia has announced plans to invest up to RUB 3 billion ($100 million) in the development of new wind power projects.

Global clean energy investment rebounds in 2014

  • 9 years ago (2014-07-12)
  • Junior Isles
Investment in clean energy across the globe has rebounded and is once again growing strongly with new investment totalling $66.2 billion during Q2 2014, up 8 per cent year-on-year, according to analysis by Clean Energy Pipeline. This figure represents a five-quarter high for project financing after the relative slump during 2012 and 2013.

Financing secured for Ashalim solar thermal plant

  • 9 years ago (2014-07-09)
  • Junior Isles

Megalim Solar Power Ltd (Megalim) – a special purpose company formed by Alstom (25.05 per cent), BrightSource (25.05 per cent), and NOY Infrastructure & Energy Investment Fund (49.9 per cent) – has secured financing from the European Investment Bank and the Bank Hapoalim for the construction and operation of the Ashalim Thermal Solar Power Station in Israel.

World Bank announces $775 million of clean energy funding for India

  • 9 years ago (2014-07-08)
  • Junior Isles
The World Bank has announced it will be investing $775 million in clean energy projects across India to work alongside the new government's plan to give additional funding and regulatory support to India’s renewables sector.

Pakistan starts evaluating coal plant proposals

  • 9 years ago (2014-07-06)
  • Junior Isles

Pakistan’s government has decided to begin processing proposals submitted by private companies to set up 10 coal-fired power projects with a total capacity of 4250 MW.

BNEF forecast predicts renewables investment boom

  • 9 years ago (2014-07-02)
  • Junior Isles
Renewable energy investment could absorb as much as two-thirds of the $7.7 trillion forecast to be spent on new power plants by 2030, according to a new report from Bloomberg New Energy Finance.

EU ruling on national renewables subsidies

  • 9 years ago (2014-07-02)
  • Junior Isles

The European Union has upheld a ruling that countries have the right to limit subsidies for renewable energy to plants based on their territory, as opposed to companies’ operations abroad.

UK’s 3.4 GW nuclear project sees deal progress

  • 9 years ago (2014-07-01)
  • Junior Isles
Toshiba and GDF Suez have signed a deal to develop the Moorside nuclear site in Cumbria, UK, signalling progress on Europe's largest new nuclear power project.

Germany approves renewable energy reform

  • 9 years ago (2014-06-30)
  • Junior Isles

Germany’s Bundestag, the lower house of parliament, has approved a range of reforms of the country’s renewable energy act (EEG) in an attempt to slow energy cost increases and achieve a sustainable energy transition.

Nigeria’s 3 GW Mambilla plant signals new development plan

  • 9 years ago (2014-06-26)
  • Junior Isles
Nigerian President Goodluck Jonathan has given approval for construction of the 3050 MW Mambilla power plant in the north eastern Taraba State, according to the Minister of State for Power, Mohammed Wakil.