Clean Energy Finance News
10 October 2019
The Global Innovation Lab for Climate Finance has announced the endorsement and launch of six innovative financial instruments for climate-related projects in developing countries.
Learn more.
12 January 2019
Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (IRENA) today announced the selection of renewable energy projects in Guyana, Liberia and Togo for funding by ADFD, as part of the sixth cycle of the IRENA/ADFD Project Facility.
Learn more.
5 March 2018
The Private Financing Advisory Network (PFAN) has launched a call for proposals for climate and clean energy projects and businesses in sub-Saharan Africa and Asia. Selected projects will receive no-cost coaching by professional consultants and, once they are investment-ready, benefit from PFAN’s investment facilitation services. Entrepreneurs looking to initiate or scale-up clean energy or other climate change-related projects and seeking an investment of up to $50 million are invited to apply.
Learn more.
14 February 2018
The Lab—a public-private initiative composed of experts in sustainable investment from governments, development finance institutions and the private sector—has picked a new class of investment vehicles to drive finance to low-carbon, climate-resilient global development. The nine new instruments tackle persistent investment barriers in clean energy, low-carbon transit and sustainable land use in developing countries, with a focus on Brazil and India.
Learn more.
13 January 2018
Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, and the International Renewable Energy Agency (IRENA) today announced that USD25 million in concessional loans from ADFD have been earmarked for two solar PV projects, one each in Mauritius and Rwanda.
Learn more.
16 November 2017
The International Renewable Energy Agency (IRENA) in collaboration with the Abu Dhabi Fund for Development (ADFD) is now welcoming applications for a fourth round of funding to support renewable energy projects in developing countries. The funding round of approximately USD 50 million is part of a USD 350 million (AED 1.285 billion) commitment by ADFD to provide concessional loans to projects endorsed by IRENA over seven funding cycles.
Learn more.
13 October 2017
US-India Clean Energy Finance (USICEF) has selected the first class of project developers in Indian distributed solar power to receive grant support for project preparation activities.
Learn more.
30 August 2017
Between USD 1 billion and USD 2 billion of energy-related early-stage venture capital deals are made every year. Though small relative to the size of total investment in the energy sector, these investment flows provide valuable information about which technologies are favored by investors and which ones could make their mark in coming years. These deals also have implications for government policy whose goal is to help ensure public and private innovation is delivering the technologies needed to meet energy-system objectives.
Learn more.
28 July 2017
Three recently open energy efficient kindergartens in Kazakhstan are backed by an aid fund provided by Switzerland and administered by the World Bank. They form part of a four-year public-private energy efficiency retrofitting project. The kindergartens are in the city of Aktau and provide 1,500 students and staff with improved heating, water supply and lighting.
Learn more.
19 July 2017
India's top builders have pledged to make at least a fifth of their new housing developments sustainable by 2022, as the country looks to tap sectors other than renewable energy to meet its ambitious climate goals.
Learn more.