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First large solar project in East Africa built with Norwegian funding
24 July 2014The 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.
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NRG Yield announces $500m stock offering to fund Alta acquisition
23 July 2014NRG Yield, the company spun off last year by NRG Energy, is planning a public offering of 10.5 million Class A shares to help fund its purchase of the 947MW Alta Wind facility in California.
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S&P warns coal miners of stranded assets risk
23 July 2014Coal mining companies "may experience stranded assets as a result of carbon constraints," ratings agency Standard & Poor's (S&P) warns in a new report.
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Financing agreed for 100MW solar project [UPDATED]
23 July 2014A 100MW solar project – set to be among the largest in North America – has secured financing.
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US cleantech entrepreneur appointed to lead GRI
23 July 2014The Global Reporting Initiative (GRI) has appointed Michael Meehan as its new chief executive. He replaces Ernst Ligteringen who, in March, announced he was stepping down after 11 years in the role.
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Green bonds reach the tipping point
22 July 2014A surge of corporate issues is supporting a bullish mood in the environmental bond market, says Graham Cooper
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Thin-film solar company issues $32m convertible bond
22 July 2014A thin-film solar cell manufacturer has become the latest company in the solar sector to tap the convertibles market.
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KfW backs Brazilian wind farms with $335m loan
22 July 2014German development bank KfW is to provide a $335 million loan to Brazil's state-owned bank BNDES to help finance wind farms within Brazil.
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Alliance Trust launches two new sustainable funds
22 July 2014Alliance Trust Investments is to enlarge its Sustainable Future fund range with the launch tomorrow of two risk-profiled funds.
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Solar pioneer in €10m 'solar cells of the future' investment
21 July 2014A 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.