Norwegians back d.light to expand ‘pay-as-you-go’ solar in Africa and Asia

Norway’s largest pension fund and its state-owned investment fund took a $5 million equity stake in d.light, one of the largest of the new crop of off-grid solar providers targeting the more than one billion people, mostly in Africa and Asia, who lack access to reliable electricity. The investment is the latest in a line

Thai photovoltaic plant will duck U.S. tariffs on Chinese solar panels

Climate Finance The Chinese-Canadian firm Canadian Solar has secured $210 million in loans to build a PV production plant in eastern Thailand. Most of the facility’s product will be exported to North America, where the U.S imposes tariffs on PV cells produced in China, including by Canadian Solar. Canadian Solar’s Thai facility would circumvent these.

UAE commits $163 billion to renewable energy

Climate Finance The United Arab Emirates, one of the world’s leading oil producers, is aiming to generate close to 50 percent of its energy from renewables by 2050. The fossil-fuels dependent country has the eighth highest per capita CO2 emissions in the world. Dubai and Abu Dhabi, the two biggest emirates, have been ramping up

Conservation investment reaches $8.2 billion

Climate Finance A couple years ago, environmentalists were excited that $5.1 billion had been invested in conservation efforts since 2004. The latest number: $8.2 billion, a 62 percent jump. A new report from Forest Trends also found that $3.1 billion committed for sustainable food and agriculture, habitat protection, clean water initiatives and other conservation projects

Solar is the future’s low-cost energy source

2030 The cost of solar generation, which has fallen more than 60 percent since 2009, is projected to drop another 40 to 60 percent by 2025. That will make solar power the cheapest form of energy almost everywhere in the next decade. Low costs are creating a “Wal-Mart effect” across the solar supply-chain, says Sami

Go local and global for climate investment opportunities — Cornerstone Capital

Climate Finance Looming federal climate policy changes got you down? Look for clean power opportunities at the state and municipal level, as well as internationally, as generation costs fall, says Cornerstone Capital, the New York-based financial services firm. A possible growth area under President Trump: water infrastructure and improved resource efficiency. Photo credit: FuelCell Energy

Go local and global for climate investment opportunities — Cornerstone Capital

Looming federal climate policy changes got you down? Look for clean power opportunities at the state and municipal level, as well as internationally, as generation costs fall, says Cornerstone Capital, the New York-based financial services firm. A possible growth area under President Trump: water infrastructure and improved resource efficiency. Photo credit: FuelCell Energy Solutions