Middle East

ADB Raises €600 Mn via Green Bond to Spur Climate Financing

Further, the bond has a coupon rate of 0.35 percent p.a. payable annually and a maturity date of July 16, 2025. It was priced at 99.924 percent to yield 43 basis points (BPS) over the DBR 0.5 percent February 2025. Philippines-based Asian Development Bank (ADB) has raised €600 million to help finance climate change mitigation […]

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International Finance Corporation to Support Largest Solar Power Plant in Jordan

The solar plant in Jordan is the latest in a series of efforts to boost renewable energy investments in a country faced with increased energy demand, in part driven by the growing refugee crisis, according to an IFC statement published on its website. The International Finance Corporation (IFC), a member of the World Bank Group […]

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Adani Group in the List of World’s Top 15 Utility Solar Power Developers

Adani, positioned twelfth, is the main Indian organization on the rundown put out by Greentech Media, a Wood Mackenzie business. Adani Group has been named in the main 15 worldwide utility sun based power designers that incorporate preferences of First Solar, Total, SunEdison and Engie. Adani, positioned twelfth, is the main Indian organization on the […]

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Enerwhere powers DIFC construction site with largest lithium-ion battery in the Middle East

This is Enerwhere’s second installation for Multiplex in the UAE. Enerwhere provides this solution on a lease basis, requiring no upfront investment by Multiplex.   Enerwhere recently completed the installation of a solar hybrid generator system for Multiplex’ site offices at ICD Brookfield Place in the Dubai International Financial Centre. A first in the Middle […]

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Intersolar steps into one of the most promising, but challenging solar markets

The Iranian Deputy Minister for Energy, Dr. Sattar Mahmoudi, and the Managing Director of the Renewable Energy Organization of Iran (SUNA), Dr. Mohammad Sadegh Zadeh, welcomed more than 400 attendees, twice as many as expected, at the first Intersolar Summit Iran in Tehran on November 15, 2016. Main discussions were about grid-integration solutions, financing and […]

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