The world's biggest asset manager BlackRock said it hopes to raise up to $7 billion for its fourth Global Renewable Power Fund as clients ramp up climate-friendly investments.
Investment management company Aquila Capital has secured a 3 billion yen ($21.5 million) loan from Japan's Ashikaga Bank for a solar power project in Japan's Chiba prefecture, the company said in a statement on Wednesday.
Dubai Electricity & Water Authority (DEWA) said on Wednesday it had received the lowest bid from Abu Dhabi renewable energy firm Masdar to build the sixth phase of Mohammed Bin Rashid Al Maktoum Solar Park.
Poland is expected to soon surpass Germany as Europe's top power polluter due to aggressive planned reductions in fossil fuel use across Germany and assumptions that Poland will have no choice but remain Europe's most coal-reliant nation for years to come.
India is considering cutting its import tax on solar panels by half and is seeking a rollback in goods and services taxes on the devices to make up a shortfall in local output amid rising demand for renewable energy, three government sources said.