Gender bond

IFC invests $200m in a gender bond to empower women-owned SMEs

The proceeds from the gender bond will enable the bank to increase lending to women entrepreneurs and women-owned small and medium enterprises (WSMEs).

Malaysia utility TNB pledges $2m to fight Covid19

Malaysian utility TNB has pledged $2.3m to the country’s Ministry of Health as part of a corporate initiative to help fight the COVID-19 outbreak.
floating wind

RWE developing floating wind in 7,000GW potential market

Offshore wind is expected to play a key role in achieving the EU’s climate and renewable energy targets but design limitations have resulted in foundation-based offshore wind farms being built in relatively shallow waters.
renewable subsidy

China slashes solar, offshore wind subsidies by half

China’s National Energy Administration has confirmed the slashing of solar subsidies, halving the total budget allocation for solar power project subsidies.

Total and Betagro sign one of Thailand’s largest corporate PPAs

Total Solar Distributed Generation has signed a 24-year Power Purchase Agreement with food company Betagro.

Uzbekistan signs deals of $2bn to strengthen the energy sector

Uzbekistan has signed three deals worth over $2 billion to improve energy generation and develop technical expertise.
solar pv market

Huawei presents top 10 solar PV market trends

Huawei has released its predicts within the renewable energy and solar PV market through 2025.

Toshiba launches ‘world’s largest hydrogen plant’ in Fukushima

The Fukushima Hydrogen Energy Research Field (FH2R), which the company says can produce, store and supply as much as 1,200 cubic metres of hydrogen per hour – powered by renewable energy.
wind energy Turkey

GE Renewable Energy announces Turkish wind farm win

The facility will produce enough clean energy to power the equivalent of 71,000 homes and save about 200,000 tons of CO2

ADB reveals regional and global financial impact of COVID-19

China will account for $103 billion of the $347 billion in financial losses to be experienced due to COVID-19 globally, according to ADB.

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