Clean Energy Policy News
23 February 2016
Apple has issued USD 1.5 billion in bonds to finance sustainable business projects including renewable energy, energy storage and energy efficiency, green building and resource conservation efforts. The bonds, rated as high quality and very low credit risk, are part of Apple’s overall package of USD 10–12 billion worth of new bonds. The bonds are estimated to return 2.85% over 7 years.
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23 February 2016
Apple has issued USD 1.5 billion in bonds to finance sustainable business projects including renewable energy, energy storage and energy efficiency, green building and resource conservation efforts. The bonds, rated as high quality and very low credit risk, are part of Apple’s overall package of USD 10–12 billion worth of new bonds. The bonds are estimated to return 2.85% over 7 years.
Learn more.
22 February 2016
After winning a tender issued by the Peruvian government, Enel SpA’s renewable energy unit will invest about $400 million in building 326 megawatts (MW) of new capacity in Peru. Enel won the right to a 20-year supply contract for 126 MW of wind power, 18 MW of solar power and 20 MW of hydropower capacity.
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18 February 2016
Indonesia and the International Energy Agency (IEA) launched Indonesia’s Centre of Excellence for Clean Energy at the opening of the Bali Clean Energy Forum. With its many sponsors and partners, the Bali-based Centre of Excellence aims to provide world-leading research and development in renewable energy and energy efficiency. Learn more.
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10 February 2016
The International Smart Grid Action Network (ISGAN) is sponsoring its third annual Award of Excellence competition, with a focus this year on excellence in smart grids for reliable electricity. The prestigious international award will showcase leadership and innovation in smart grid projects around the world.
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4 February 2016
The Dubai Electricity and Water Authority announced it will float tenders worth Dh 27 billion (USD 7.35 billion) to set up renewable energy projects. The projects are expected to be commissioned through the independent power producer (IPP) model.
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4 February 2016
Two new publications, part of the Solutions Center’s policy brief series, outline good practices and design considerations for feed-in tariffs and renewable electricity standards.
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1 February 2016
Chinese company Shenneng Nanjing Energy, a unit of Shenzhen Energy Group Co., raised 1 billion yuan ($152 million) in January 2016 by selling China’s first securities backed by solar farms. The solar-backed bond requires the parent company to become a guarantor of the securities and executives to persuade banks and insurance companies that cash flows generated by solar farms in the long run could help repay.
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28 January 2016
At the Powering Africa Summit, Power Africa partners launched a roadmap to meet President Obama's goals of adding 30,000 megawatts (MW) and 60 million connections across sub-Saharan Africa by 2030. The Power Africa Roadmap outlines how the organization will add 30,000 MW by maximizing value from existing transactions, advancing new opportunities for deal flow and increasing the efficiency of existing generation.
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Leveraged co-financing from public and private sources has emerged as a policy priority among international environment and development agencies. The Financial Innovation Lab is a place to exchange ideas about financing techniques for climate change mitigation and adaptation investments.
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