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Loan fund created to spur carbon finance for clean cookstoves
08 April 2014A not-for-profit loan fund has been set up to help clean cookstove projects negotiate the carbon crediting process.
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New York Green Bank expects to make first investment this summer
07 April 2014The New York Green Bank is expected to make its first investment this summer, its new head told Environmental Finance.
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Nepal's first PoA provides 150,000 cookstoves
03 April 2014The first programmatic Clean Development Mechanism (CDM) project in Nepal has been launched this week and will provide energy efficient cookstoves to 150,000 households.
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Record breaking quarter for green bonds boosted by corporate issues
01 April 2014The green bond market broke fresh records for issuance in the first quarter of 2014, with corporate issues nearly matching those of development banks.
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Geothermal plant 'close to securing $1.17bn in loans'
28 March 2014Indonesia's largest geothermal project, Sarulla, is reportedly close to securing $1.17 billion of project finance from a syndicate of private and public lenders.
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Banco Pine secures $115m loan for renewables funding
26 March 2014Banco Pine has secured a $115 million loan from the Inter-American Development Bank and Commerzbank, which it will use to fund renewables projects in Brazil.
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US utilities join forces to develop solar projects
25 March 2014Two leading developers of renewable energy in the US – Sempra US Gas & Power and Consolidated Edison (ConEdison) Development – are to work together to develop five solar projects in California and Nevada, with a combined capacity of 360MW.
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Largest wind project in Africa secures €623m in financing
24 March 2014The biggest clean power energy project in Africa has taken a major leap forward by signing €623 million ($859.6 million) in financing to allow it move it into the construction phase.
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African Renewable Energy Fund raises $100m
13 March 2014The African Renewable Energy Fund (AREF), which focuses on renewable energy projects in Sub-Saharan Africa, reached a first close yesterday, as it raised $100 million to invest in small- to medium-sized independent power producers.
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Standard Bank appoints new head of renewable energy
12 March 2014Standard Bank has appointed Rentia van Tonder as head of renewable energy, power and infrastructure, based in Johannesburg.