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First Japanese fund launched for overseas offshore wind
18 February 2019Sumitomo 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.
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Nippon Life backs TCFD and invests in offshore wind
18 December 2018Nippon 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).
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Stranded assets warning for $60bn of Asian coal plants
01 November 2018A 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.
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RWE secures partners for $1.5 billion offshore wind farm
24 August 2016RWE's renewables arm has received the go-ahead to build the $1.5 billion 336MW Galloper offshore wind farm in the UK.
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EF BRIEFS: Sumitomo, GIB, Senvion
29 July 2016Japan's Sumitomo Corporation has agreed to indirectly buy, through Macquarie Capital, a 12.5% stake in an offshore wind farm, for an undisclosed fee.
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Sumitomo buys stakes in North Sea offshore wind
06 October 2014Japanese corporation Sumitomo has made its first investment in European renewable energy, buying shares in two offshore wind projects in the North Sea.