Financing - Page 4 of 9 - New Energy Events

New financing source for climate-related projects in the Caribbean secured
November 19, 2018
The Green Climate Fund (GCF) and the Caribbean Development Bank (CDB) have signed a legal agreement to facilitate climate finance projects in the Caribbean. The Accreditation Master Agreement (AMA) was signed on the sidelines of the GCF’s Caribbean Structured Dialogue which took place in Grenada earlier this month. The meeting brought together stakeholders to plan […]
USD 50m fund opens application process for renewable energy projects in developing countries
November 15, 2018
The International Renewable Energy Agency (IRENA) and Abu Dhabi Fund for Development (ADFD) Project Facility has entered its seventh funding cycle. The partnership offers over USD 50 million in funds for government-backed renewable energy projects in developing countries. Projects are invited to submit applications for funding before February 14th 2019. These are available for projects […]
RENAC and IFC to support green banking transformation in LAC region
November 13, 2018
The International Finance Corporation (IFC), a World Bank Group member, and the Renewables Academy AG (RENAC) have signed a cooperation agreement to support green banking in Latin America and the Caribbean. The main aim of the partnership is to work towards greener banks and financial institutions which integrate climate change mitigation and adaptation goals into […]
USD 100m loan deal for renewable projects in Central America
November 12, 2018
The Central American Bank for Economic Integration (CABEI) and the Japanese Bank for International Cooperation (JBIC) have signed an agreement to provide a USD 100 million loan for energy efficiency and renewable energy projects in Central America. This loan aims to strengthen green financing operations, and support projects that generate clean energy, encourage regional development […]
OPIC will supply loan for Honduran 35MW geothermal power plant
November 2, 2018
The 35MW Platanares geothermal plant development in Honduras will move forward with financing from the Overseas Private Investment Corporation (OPIC). OPIC, the U.S. government’s development finance institution, will be the sole lender. Ormat Technologies Inc. announced its subsidiary had completed the financial closing of the project. “OPIC’s longstanding partnership with Ormat is helping bring needed […]
Solar PV/ Battery hybrid power plant in Barbuda to receive funding from New Zealand
November 2, 2018
A renewable energy power plant in Barbuda will receive funding from the New Zealand government with the wider aim of supporting the re-development of the island. New Zealand Ambassador Anton Ojala announced that Auckland would provide half a million USD for the UAE Power Station and Solar PV/ Battery Hybrid Plant in Cardington after meeting […]
Geothermal project in Montserrat secures funding for next phase
November 1, 2018
The United Kingdom Department for International Development (DFID) will source the funding for specialist and technical expertise for the ongoing geothermal project on the British Overseas Territory of Montserrat. Montserrat, part of the Leeward Islands, is known for its volcanic activity, a resource it has turned to its advantage through the development of this geothermal […]
Launch of Blue Tech Challenge to fund Caribbean entrepreneurs with innovative blue economy initiatives
October 30, 2018
Businesses with projects concerning the ocean environment and marine management may receive up to USD 2 million in finding through a new initiative launched by the Inter-American Development Bank (IDB) in partnership with Compete Caribbean. The Blue Tech Challenge is an opportunity for firms using cutting-edge technology to contribute to sustainable management of marine resources. […]
CDB announces USD 106m programme for Bahamas, funding opportunities for individual clean energy projects
October 29, 2018
The Caribbean Development Bank (CDB) has announced it would provide USD 106.5 million to the Bahamas as part of a programme to achieve its medium-term development objectives. Dr. Justin Ram, Director of Economics at the CDB, announced the areas of focus, considered “critical to inclusive growth”, will be “provision of quality climate resilient infrastructure, energy […]