Archive

  • ADB issues $50m 'risk sharing loan' to Indonesia geothermal project

    25 July 2014

    The Asian Development Bank (ADB) has reinforced its commitment to kickstart Indonesia's geothermal sector by providing a $50 million 'risk sharing loan' to help a 240MW project get off the ground.

  • Small size of UK renewables subsidy budget 'to trigger auctions'

    24 July 2014

    The renewables industry was shocked by the smaller-than-expected size of the UK government's subsidy pot for established technologies, amid warnings that it will trigger a competitive auction process.

  • First large solar project in East Africa built with Norwegian funding

    24 July 2014

    The first utility-scale solar photovoltaic power project in East Africa – funded by Norway's largest life insurance company and the country's development fund – is set to open next month.

  • Solar pioneer in €10m 'solar cells of the future' investment

    21 July 2014

    A solar pioneer today announced a €10 million investment to start manufacturing a new type of highly efficient solar cell, and said he is seeking further equity investments in the project.

  • SunEdison floats yieldco at 10 times original target, 'SunPower next'

    18 July 2014

    SunEdison will float its yieldco at more than 10 times its previous target price.

  • World Bank agrees $178.5m for Ethiopian geothermal

    30 May 2014

    The World Bank has agreed a $178.5 million loan to finance geothermal development in Ethiopia, with the aim of making the country a "regional power hub".

  • Siemens moves to stop Alstom's renewables going to GE

    28 April 2014

    Siemens is seeking to acquire the renewables portfolio of struggling energy firm Alstom, in a last minute bid to counter a proposed takeover by US giant General Electric.

  • UK renewables support plans get mixed reception

    24 April 2014

    New subsidy proposals for major UK renewable energy projects have pleased some developers, but upset others.

  • Debt agreement inked for 'world's largest' geothermal project

    02 April 2014

    A geothermal development believed to be the world's largest secured $1.17 billion in debt from eight banks this week, in a move that could "open the floodgates" for further projects using the technology in Indonesia.

  • Geothermal plant 'close to securing $1.17bn in loans'

    28 March 2014

    Indonesia's largest geothermal project, Sarulla, is reportedly close to securing $1.17 billion of project finance from a syndicate of private and public lenders.