Archive

  • First Japanese fund launched for overseas offshore wind

    18 February 2019

    Sumitomo Corporation, Sumitomo Mitsui Banking Corporation (SMBC), and the Development Bank of Japan (DBJ) have launched what they claim is Japan's first renewable energy fund to invest in overseas offshore wind projects.

  • Nippon Life backs TCFD and invests in offshore wind

    18 December 2018

    Nippon Life Insurance Company – Japan’s largest life insurer – has committed to report in line with the recommendations of the Task Force on Climate-related Financial disclosures (TCFD).

  • Stranded assets warning for $60bn of Asian coal plants

    01 November 2018

    A projected drop in renewable energy costs will leave $60 billion of coal burning plants in Indonesia, Vietnam and the Philippines 'stranded' within a decade, a report by NGO Carbon Tracker has warned.

  • RWE secures partners for $1.5 billion offshore wind farm

    24 August 2016

    RWE's renewables arm has received the go-ahead to build the $1.5 billion 336MW Galloper offshore wind farm in the UK.

  • EF BRIEFS: Sumitomo, GIB, Senvion

    29 July 2016

    Japan's Sumitomo Corporation has agreed to indirectly buy, through Macquarie Capital, a 12.5% stake in an offshore wind farm, for an undisclosed fee.

  • Sumitomo buys stakes in North Sea offshore wind

    06 October 2014

    Japanese corporation Sumitomo has made its first investment in European renewable energy, buying shares in two offshore wind projects in the North Sea.