IFC, a member of the World Bank Group, and Amundi, Europe’s largest asset manager, have announced the successful launch of the world’s largest targeted green bond fund focused on emerging markets, the Amundi Planet Emerging Green One (EGO).
Energy Finance & Investment News in China
Canadian Solar has announced that its wholly-owned subsidiary, CSI New Energy Holding Co., Ltd. has completed the sale of three solar power plants in China to Shenzhen Energy Nanjing Holding Co., Ltd., a subsidiary of Shenzhen Energy Group Co., Ltd. The plants have a total capacity of 44.3 MWp.
China, the largest carbon emitter in the world, is expected to install 54 GW of solar photovoltaic (PV) capacity by the end of this year. This exceeds in 80 percent points the analysts' expectations of 30 GW of installed solar power in China by 2017.
China Everbright International Limited has signed a supplementary concession agreement with Rizhao Bureau of Housing and Urban-rural Development located in Shandong province, to invest in and construct Rizhao Waste-to-energy Project Phase II.
The Asian Infrastructure Investment Bank (AIIB) has invested US$150 million in the IFC’s Emerging Asia Fund and co-financing a project with the Asian Development Bank (ADB) to improve energy connectivity in India by strengthening its power transmission system.
The Chinese government has approved the creation of the world’s largest power company. China has given green light to the merger of electricity producer China Guodian and coal company Shenhua Group.
China-based solar project developer ReneSola Ltd has announced it has secured an RMB120 million (US$18 million) financing facility from China Kangfu International Leasing Co., Ltd, an affiliate of State Power Investment Corporation (SPIC).
China Everbright International has announced that it has recently secured Qihe Waste-to-energy Project in Shandong Province.
China Everbright Greentech Limited has announced that it has secured Wendeng Biomass Electricity and Heat Cogeneration Project.
Cleanergy and Datang Holdings New Energy Technologies have entered the execution phase of a Stirling Concentrated Solar Power (CSP) project in China.
Canadian Solar Inc. has announced that it has received US$20 million unsecured funding from the China and Portuguese-speaking Countries Cooperation and Development Fund (CPDFund) to support the development of eligible projects in Brazil, including the 191 MWp Pirapora I Project in the state of Minas Gerais.
China Everbright International Limited has announced that it has recently secured three greentech projects, including the Henan Sheqi Integrated Biomass and Waste-to-Energy Projects and the Jiangsu Lianshui Biomass Electricity and Heat Cogeneration Project, with a total investment of CNY857 million (US$124 million).
The Asian Development Bank (ADB) signed agreements with 10 commercial banks to support Dynagreen Environmental Protection Group (Dynagreen) in clean municipal waste-to-energy (WTE) projects with advanced technologies in small and medium-sized cities in the People’s Republic of China (PRC).
China Everbright International Limited has recently secured three environmental protection projects, including Changzhou Xinbei Waste-to-energy project Phase II in Jiangsu Province, Guixi Biomass Cogeneration projects in Jiangxi Province, and Zibo Hazardous Waste Incineration project in Shandong Province, which amount to a total investment of approximately CNY856 million (US$123 million).
China Everbright International Limited has announced that it has secured the Henan Puyang Biomass Electricity and Heat Cogeneration Project and the Sichuan Zhongjiang Integrated Biomass and Waste-to-energy Project.
JinkoSolar Holding Co., Ltd. (JinkoSolar), has announced the completion of the sale of all of the 55% equity interest it indirectly held in Jiangxi JinkoSolar Engineering Co., Ltd. to Shangrao Kangsheng Technology Co., Ltd.
The Chinese government has secured a CNY 2 billion (US$ 290 million) loan from the New Development Bank (NDB) for the development of the Putian Pinghai Bay offshore wind power project.
China General Nuclear Power Corp (CGN), the largest nuclear power operator in China, has announced that it has been selected as the preferred bidder for the purchase of a majority stake in Gaelectric's wind farm portfolio in Ireland.
Everbright International's Wujiang Waste-to-energy project completes construction and commences operation
China Everbright International Limited has announced that the Wujiang Waste-to-energy project in Jiangsu Province has completed construction and commenced operation.
China Everbright International Limited has announced that it has signed a supplementary concession agreement with the Urban Appearance and Environmental Sanitation Administration Bureau of Boluo County, Guangdong Province, to invest in and construct the Boluo Waste-to-energy Project Phase II.