Asia

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

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.

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.

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

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

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

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

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.

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

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