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20 December 2013

Alstom awarded $48m hydro projects in Indiap

Alstom T&D India has been awarded two contracts totalling INR298 crore in order to supply two gas-insulated sub-stations for hydro projects at Wangtoo and Gumma in Himachal Pradesh state.

20 December 2013

Statkraft and Norfund strengthen cooperation in cleantech sector

Statkraft and Norfund have signed an agreement to restructure and prolong their cooperation within the cleantech sector, with a focus on investment in hydropower development in emerging markets.

19 December 2013

Bank of America Merrill Lynch’s spin out fund hits $215m first closep

The direct secondaries firm formed by the spin out of Bank of America Merrill Lynch’s Asian private equity assets two years ago has hit a $215m first close for its first independently-raised vehicle.

13 December 2013

US DOE announces $150m in tax credits for clean energy manufacturing

The US Department of Energy has announced $150m in tax credit funding to support clean energy manufacturing in the country.

5 December 2013

Bank of America Merrill Lynch’s spin out fund raises $90mp

The direct secondaries firm formed by the spin out of Bank of America Merrill Lynch’s Asian private equity assets two years ago has pulled in $90m for its first independently-raised vehicle.

4 December 2013

UK government confirms new strike prices in support of renewablesp

The UK government has today confirmed the final proposed strike prices in support of the renewables industry.

27 November 2013

African Development Bank provides $113m to Regional Rusumo Falls Hydropower

The African Development Bank Group is to provide $113m in financing to the 80MW Regional Rusumo Falls Hydropower project on the border between Rwanda and Tanzania.

26 November 2013

KfW leads financing for Ugandan renewable energy projects

German development bank KfW has led development finance arrangements for eight renewable energy projects in Uganda, under the Global Energy Transfer Feed-in Tariffs programme

20 November 2013

African Development Bank provides financing for Congo’s Inga hydro plant

The African Development Bank has approved $68m in financing for the Inga hydro facility on the banks of the Congo River.

18 November 2013

Endeavor enters into joint development agreement with Joule Africa for $700m hydro

Endeavor Energy has entered into a joint development agreement with Joule Africa to co-develop a $700m hydroelectric power generation project in Sierra Leone.

15 November 2013

Underwater cables and connectors manufacturer Hydro Group doubles profit

pipeline170_170-SQ Designer and manufacturer of underwater cables and connectors has more than doubled its profits for the year ending March 31, boosting them to £1.3m.

6 November 2013

ORE Catapult and Crown Estate to provide boost for offshore renewables industry

The Offshore Renewable Energy Catapult and the Crown Estate are to work together in a number of programmes aimed at reducing the cost of offshore wind, wave, and tidal energy.

21 October 2013

UK’s Albion Ventures pumps £9.3m into Scottish hydropower scheme

UK-based venture capital investor Albion Ventures is investing £9.3m into the development of a 2MW hydropower scheme in Scotland, in partnership with Perth-based developer Green Highland Renewables.

16 October 2013

Hydropower sees revival as global potential remains untapped

Hydropower has seen a revival in the amount of energy generation capacity installed over the past few years as projects seek to exploit yet-unused hydropower generation potential throughout the world.

15 October 2013

Berti Investments offering £1m funding in green accelerator programmep

UK-based environmental impact company Berti investments is offering up to £1m in funding for young and growing carbon reduction organisations as part of its green accelerator programme.

1 October 2013

Development-stage renewable projects to receive boost from new fundp

A new investment fund that will provide up to £1m capital for development-stage renewable energy projects has been launched in the UK.

1 October 2013

China’s ExIm Bank funds three quarters of $1.3bn Nigerian hydrop

China's ExIm Bank is providing $975m in funding to a $1.3bn hydroelectric plant in Nigeria.

30 September 2013

Guinness Asset Management launches £10m sustainability fundp

London-based Guinness Asset Management is launching a new sustainability fund, which will invest in low-risk renewable energy technologies, with a target fundraise of £10m.

30 September 2013

Humans causing climate change says IPCC’s latest reportp

Human influence on climate change is clear and evident in most regions of the world, according to the most recent report from the Intergovernmental Panel on Climate Change.

26 September 2013

Germany’s KfW lends $232m to Bosnia for hydro, wind

German state-owned development bank KfW said on Wednesday that it will loan €172m to Bosnia to help the country develop wind and hydro projects.

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