clean energy financing News
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Australia joins clean energy financing partnership facility
AusAID has contributed A$7 million for 2007-2008 to the Clean Energy Fund, a multidonor trust fund under the Clean Energy Financing Partnership Facility. AusAID is the first financing partner to contribute to the Asian Development Bank's (ADB) multi-donor trust fund. AusAid plans to provide a further A$25 million by 2011. The Clean Energy Financing Partnership Facility was launched in April ...
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Sweden contributing US$4.7m to ADB`s multi-donor trust fund for clean energy
The Government of Sweden has agreed to contribute $4.7 million to the multi-donor trust fund under the Asian Development Bank’s (ADB) Clean Energy Financing Partnership Facility. Sweden joins Norway and Australia as the third contributor to the multi-donor fund. The Clean Energy Financing Partnership Facility, administered by ADB, aims to improve energy security in ADB’s developing member ...
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Soaring energy prices & climate change spur calls for clean energy financing
Energy experts, policymakers, financiers, and project developers from across Asia-Pacific called for massive new investments in clean energy amid spiraling costs for oil and coal and the growing threat of climate change. More than 500 experts are meeting in Manila this week to scale up investments in clean energy solutions that enhance energy security and address global warming. “The challenges ...
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Infocast`s 3rd Annual Waste to Clean Energy Finance & Investment Summit
Infocast brings its highly acclaimed 3rdAnnual Waste to Clean Energy Finance & Investment Summit from July 12-14, 2011 to the gorgeous coastal city of Newport Beach, CA. Along with municipal representatives, utilities, developers and leading global investment firms, the year's Summit showcases game-changers in commercial scale development and new technologies that generate fuels, chemicals ...
By Infocast
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Locus Energy Selected as Approved Performance Data Provider by Connecticut`s Clean Energy Finance and Investment Authority
The Connecticut Clean Energy Finance and Investment Authority (CEFIA) has selected Locus Energy as an approved Performance Data Provider (PDP) for its Residential Solar Investment Program (Program). To qualify for a rebate under CEFIA's Program all participants must purchase and install a monitoring system from an approved PDP. Locus Energy has worked with CEFIA to create a special monitoring ...
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IEA and OECD team up to review clean energy investment climate in Indonesia
The IEA is working with the Organisation for Economic Co-operation and Development (OECD) to review Indonesia’s clean energy investment climate to identify barriers to financing its energy transition and provide policy recommendations for reducing or removing them. Indonesia is already the world’s fourth most populous country, and its population and income are expected to grow ...
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WRI experts on Asia`s clean energy future
Why is Asia such an important region for clean energy deployment? WRI experts respond. From June 22-24, the Asian Development Bank (ADB), the U.S. Agency for International Development (USAID) and the World Resources Institute (WRI) will co-host the premiere knowledge-sharing platform for clean energy investment in Asia, the 6th Asia Clean Energy Forum (ACEF). Taking place in Manila, Philippines, ...
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ADB to help five Pacific nations improve energy use
The Asian Development Bank (ADB) is helping Cook Islands, Papua New Guinea, Samoa, Tonga, and Vanuatu cope with high fuel prices and climate change by providing assistance to help reduce wasteful consumption of commercial energy and promote energy efficiency. The Clean Energy Fund, which is administered by ADB under the Clean Energy Financing Partnership Facility (CEFPF), will provide $1.2 ...
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ADB to help deliver renewable energy to the Pacific
The Asian Development Bank (ADB) is providing assistance to the Pacific to help design and deliver renewable energy products to the region through a $3 million grant for the development of small pilot projects in Papua New Guinea, Solomon Islands, and Vanuatu. ADB's Board of Directors has approved a technical assistance grant sourced from the Multi-Donor Clean Energy Fund under the Clean Energy ...
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US$100m pilot program in China to promote energy efficiency
The Asian Development Bank (ADB) is funding a pilot program in Guangdong to bring energy-efficient technology to major power consumers in the heavily industrialized southern province of Guangdong, the People’s Republic of China (PRC). Under the Guangdong Energy Efficiency and Environment Improvement Investment Program, ADB is providing long-term, low-cost financing in the form of a US$100 million ...
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New EDF Report Defines Pathways to Accelerate New Jersey’s Clean Energy Economy
Environmental Defense Fund (EDF) today released a new report detailing clean energy financing options that could help advance Governor-elect Phil Murphy’s 100 percent clean energy goals. The report, Financing New Jersey’s Clean Energy Economy: Pathways for Leadership, produced by the Coalition for Green Capital and Quantified Ventures for EDF, is a roadmap for accelerating the ...
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Webinar: Climatescope 2014 (In Collaboration with CSIS
The CSIS Energy and National Security Program is pleased to host a presentation of the recently released Climatescope 2014. The Climatescope is a unique country-by-country assessment, interactive report and index that evaluates the investment climate for climate-related investment worldwide. It profiles 55 countries and evaluates their ability to attract capital for low-carbon energy sources ...
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Obama Administration Announces New Financing For Renewable Energy Projects And Actions To Spur Innovation And Promote Energy Access Globally
November 15, 2016 -- From 2010-2015 alone, the U.S. has invested in more than $11 billion in international clean energy finance - including grant-based assistance, development finance, and export credit - to support countries as they work to meet their growing energy needs, while improving development outcomes and reducing carbon emissions. At the same time, the United States has made research ...
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ADB, India Sign $200 Million Loan to Support Renewable Energy Projects
The Asian Development Bank (ADB) and the Government of India have signed a $200 million loan agreement to support lending by Indian Renewable Energy Development Agency (IREDA) to eligible renewable energy subprojects in India. The loan is the first tranche of a $500 million multitranche financing facility (MFF) to IREDA for the Clean Energy Finance Investment Program. The Program aims to ...
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Spain provides additional $10 million for water, clean energy funds
The Government of Spain is providing an additional $5 million each to the Asian Development Bank (ADB)-administered Water Financing Partnership Facility (WFPF) and Clean Energy Financing Partnership Facility (CEFPF). 'The two facilities were created to help mobilize finance to bolster energy and water security in our region by supporting low-carbon energy investment and more effective water ...
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European Policy Makers Welcome Clean Energy Search Engine
Brussels - The German government has assumed the EU Presidency and in its first month sponsored a renewable energy policy forum in Brussels to discuss how best to accelerate the marketplace for renewable energy. Germany has been a leader in policy frameworks in support of renewable energy as evidenced by its leadership in installed wind and solar capacity in Europe. Speaking at the EREC ...
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U.S. Retakes Lead From China in Clean Energy Race
In the global race to secure private clean energy finance and investment, the United States reclaimed the top spot, after trailing China since 2009. Globally, investment grew to a record $263 billion in 2011, a 6.5 percent increase over the previous year, according to new research on clean energy financing in Group of Twenty (G-20) nations released by The Pew Charitable Trusts. ...
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NREL Assembles Industry Group to Explore Solar Lending Potential
Increasingly, banks, credit unions, and other lenders are beginning to offer loan products to homeowners and businesses for the installation of rooftop solar systems. However, barriers to accessing this growing market still remain. The Energy Department’s (DOE) National Renewable Energy Laboratory (NREL) recently convened the Banking on Solar working group to engage lenders and other ...
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Development banks finance record amount in clean energy
Clean energy financing by the world’s development banks increased 19% last year to break through the $100bn-a-year barrier for the first time. The top three banks were Germany’s KfW, China Development Bank and the Brazilian Development Bank (BNDES). In 2012 development banks financed $109bn in renewable energy, energy efficiency, and electrical transmission and distribution, ...
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ADB to help Philippines save US$100m yearly fuel cost by using energy-efficient lights
The Asian Development Bank (ADB) will fund an energy-efficiency project in the Philippines that will give away 13 million energy-saving lights to homeowners and businesses as part of a government push to cut the nation's power bills. The Project includes savings of about $100 million every year in fuel costs and a deferral of an investment of $450 million in power generation and associated ...
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