UK
Business and markets
Could climate change cause the next financial crisis? – Commentary
Climate change has the potential to trigger the next financial crisis, this is according to financing industry experts. Akin to the 2008 economic crash, experts believe climate change could cause a catastrophic collapse, but there is hope if Central Banks step in.
Generation
Moyi Power to provide 500,000 DRC residents with power
Moyi Power, a consortium led by Gridworks and including Eranove and AEE Power, has signed three concession agreements that will see the company develop, build and operate three large-scale solar hybrid off-grid utilities in the DRC.
Business and markets
Ecobank raises first sub-Saharan tier two sustainability notes
Ecobank Transnational Incorporated (ETI), the Lomé based parent company of the Ecobank Group, announced that it has successfully raised $350 million tier two sustainability notes. This represents the first ever tier two sustainability notes by a financial institution in sub-Saharan Africa.
Finance and Policy
SA climate change mitigation projects receive UK funding boost
UK PACT South Africa has announced a project portfolio of over £3 million to support the South African government’s climate change priorities.
Future Energy
JCG invests $13m in liquid air long-duration energy storage
An African-founded conglomerate, Janus Continental Group (JCG), announced its investment of $13 million in a UK developer of liquid air long-duration energy storage systems, Highview Enterprises.
Event News
Scaling up current innovations to meet the energy demand
Dr Nicola Lazenby, Project Director at the Energy Catalyst programme notes that innovations have enabled millions of people to gain energy access.
Finance and Policy
Innovate UK in search of innovators tackling energy poverty
Innovate UK is offering $26 million to innovative solutions that are tackling energy poverty by providing clean energy in developing nations.
Finance and Policy
A flexible energy system could aid the UK achieve net zero...
A new study will explore the potential for an integrated and flexible energy system to reduce the cost of reaching the UK’s net zero economy goal by 2050.
Business and markets
COVID-19 increases risk for UK’s energy sector while India remains stable
In India, research indicates that the COVID-19 pandemic will have a minimum impact on the country’s renewable energy industry.
Renewable energy
UK breaks record in solar peak generation
Sheffield Solar live PV generation tracker shows that clear skies and cool temperatures have helped the UK to break the all-time solar peak generation record.
