Kanika Singh

Ukrainian companies are breaking new ground in environmental innovation, from capturing harmful CO2 directly from the atmosphere to developing mobile factories for pipe manufacturing, all while facing the devastating impact of Russia’s war on the country.

World Bank Unveils New Framework to Promote Sustainable and Inclusive Artisanal and Small-Scale Mining By Kanika Singh

In a move to accelerate the Philippines’ shift toward a green economy, the International Finance Corporation (IFC) has joined forces with the European Union (EU) under the Green Economy Programme for the Philippines (GEPP), part of the EU’s Global Gateway initiative.

Fourth Partner Energy Raises $275 Million in Equity from IFC, ADB, and DEG Consortium By Kanika Singh

AES Forms Strategic Partnership with CDPQ to Bolster AES Ohio’s Growth Plans By Kanika Singh

Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s leading clean energy company, has unveiled plans to acquire Saeta Yield from Brookfield Renewable and its institutional partners. The deal, valued at approximately $1.4 billion (€1.2 billion), is expected to close by the end of 2024, pending regulatory approvals.

In a significant step toward developing the ASEAN Power Grid (APG) to meet Southeast Asia’s growing energy needs, the Lao PDR-Thailand-Malaysia-Singapore Power Integration Project (LTMS-PIP) will expand under its second phase. The new phase will see a doubling of electricity traded, increasing the capacity from 100 megawatts (MW) to 200MW, with additional supply coming from Malaysia through multidirectional power trade.

Companies and households in Tajikistan will gain improved access to green technologies and climate adaptation measures, following the approval of a new financing program by the European Bank for Reconstruction and Development (EBRD) for the First Microfinance Bank (FMFB). The bank operates a nationwide network of seven branches and 40 banking service centers across all regions of Tajikistan. The funding will also support the growth of businesses owned or led by young entrepreneurs and women.

The Asian Development Bank (ADB) and the Government of Bhutan have signed a $30 million loan agreement to fund the Distributed Solar for Public Infrastructure Project. This initiative aims to install up to 35 megawatts of solar power systems on the rooftops of public infrastructure nationwide.

NextEnergy Capital acquires 110MW solar PV project in Central Spain with long-term power purchase agreement (PPA) and advanced bi-facial modules.