Investor launches sharia compliant forestry fund
A sharia-compliant forestry fund has been launched by a European investment firm that aims to raise $100m for the vehicle.
View ArticleEnergy storage innovator reveals investment opportunity
An opportunity has arisen to invest in a novel energy storage company that has designed a solution for the utility-scale market.
View ArticleImpact First Investments targets $25m for Israeli social VC fund
Impact First Investments is targeting $25m for a venture capital fund that will focus on high tech social enterprises in the first fund of its kind in Israel.
View ArticleIsraeli cleantech investor closes $150m fund
Israel’s Pitango Venture Capital has held an interim closing of its sixth fund at $150m.
View ArticleOPIC commits $150m to Abraaj-owned Aureos Capital for MENA fund
US development finance institution the Overseas Private Investment Corporation has committed $150m to Abraaj Capital’s latest SME fund focused on the Middle East and North Africa.
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Iraq’s $500bn energy investment to include bids for solar developments
Iraq is set to spend $500bn on energy and related industries in an effort to rebuild its infrastructure and stimulate its economy, with a number of solar tenders expected to be launched.
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Indian power group Mytrah Energy seeks $270m to fund wind expansion
Indian power producer Mytrah Energy is looking for Rs 1400 crore ($270.1m) to fund its plans to double its wind power generation capacity by June 2013.
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Pakistan proves popular with international wind, solar investors
Foreign investors are keen to invest in Pakistan-based renewable energy power, officials have said.
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Middle East platform launches to boost solar energy deployment
A new platform has been launched aimed at boosting renewable energy power in the Middle East.
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Texas efficiency group targets Saudi Arabia, Abu Dhabi natural gas markets
A US-based energy efficient group has told NewNet it will soon be looking for partners to help with its expansion into the Middle East.
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Indian renewables company raising $100m for wind farm projects
An India-based renewable energy company said it is confident in raising a total of $100m by March 2013 as it secures the first $50m.
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Indian state seeks $1.86bn to invest for solar sector boost
A state in central India is taking measures to attract Rs 10,000 crore ($1.86bn) of investment into its solar sector over the next few years.
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Indian state launches residential incentives to encourage solar energy
An Indian State is rolling out initiatives to encourage residents to deploy solar energy.
View ArticleIsraeli solar power company to raise $10m to fund international expansion
An Israel-based solar company has revealed plans to raise $10m to fund the development of solar parks outside its home market.
View ArticleIRENA launches $350m renewable energy funding pot
International Renewable Energy Agency has launched a $350m fund with capital provided by the United Arab Emirates to boost the use of renewable energy in developing countries.
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Middle East region set to ramp up renewable commitment
A collection of Middle Eastern nations is readying itself for a major drive in renewable and sustainable resource exploration.
View ArticleIsraeli water innovator on financing hunt
An Israeli water treatment innovator is looking for a strategic investor to provide $500,000 plus to help commercialise its technology. Greeneng has developed a system that used chemical oxidation to...
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Chemicals company seeks green project investment ideas
An Israel-based specialty chemicals company has launched an innovation programme that will see it allocate several million dollars between a number of environmental projects.
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Qatar to push solar energy in Q1 2013
The host of this year’s United Nations climate talks (COP 18) Qatar plans to tender its first solar projects in the first quarter of 2013.
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Ng-Tech to switch to natural gas as source of methanol as supplies bloom
The managing director and partner for alternative fuel company Ng-Tech has told NewNet that it intends to use the ever-growing supply of natural gas reserves as a base for its methanol product in order...
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Better Place hints to future financing strategy as headcount drops further
Israel-headquartered electric vehicle network pioneer Better Place told NewNet it was still in the market to raise additional capital as rumours circulate that it has axed a further 200 staff.
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Indian state to auction 1GW of solar capacity
An Indian state plans to auction 1GW of solar power capacity next month, as it rolls out a series of incentives to promote renewable energy development in the region.
View ArticleIran aims to attract private sector money to boost renewables output
The Iranian government has underlined the importance of using private sector capital for the development of its clean power sector.
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Karachi aims to attract Spanish renewables investors
The Karachi Chamber of Commerce and Industry has called on investors in Spain to look towards the Pakistani city as a viable renewable energy opportunity.
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Solar innovator targeting emerging markets to raise seed round
An Israeli innovator has now stepped out of a stealth mode to start fundraising a seed-round for the commercialisation of its solar energy solution.
View ArticleExclusive: Israel Cleantech Ventures LPs return for second fund
Amid a tough fundraising climate, Israel Cleantech Ventures has closed its second fund on $74m, telling NewNet the re-commitment of many of its limited partners is validation of its strategy when...
View ArticleIDE Technologies to open giant desalination plant in coming months
Israeli desalination specialist IDE Technologies told NewNet it is expects its flagship Sorek plant, one of the world’s largest seawater projects, to be operational within the next few months.
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TAQA invites EPC bidders for UAE’s first waste-to-energy plant
Abu Dhabi energy company TAQA has invited tenders for the EPC work associated with the UAE’s first waste-to-energy plant.
View ArticleZayed Future Energy Prize opens to applicants
This year’s Zayed Future Energy Prize, which offers a $4m award to innovators in renewable energy and sustainability, has now opened to applicants.
View ArticleTerra Venture Partners hits first close for $50m fund II
Israeli early stage investor Terra Venture Partners told NewNet it had raised $20m towards its second fund and hopes to reach a final close of $50m within a year.
View ArticleLibya readies to issue duo of solar tenders
Libya is reportedly readying to issue tenders for two new solar plants as it aims to derive a fifth of its power from renewables by 2020.
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UAE touts renewable energy as ‘the future’
Renewable energy investment in the United Arab Emirates will be actively encouraged under a new integrated power policy.
View ArticleCreation Investments nears hard cap for impact fund
Impact investor Creation Investments told NewNet it has now reached its target but has some headroom left before it cuts off fundraising for its second vehicle at its hard cap of $75m.
View ArticleUpdate: Masdar, IFC’s $1.5bn clean power tie-up to focus on MENA
The International Finance Corporation (IFC) will make $1.5bn of fund and direct investments into clean power through a new partnership with Masdar that a spokesperson told NewNet will initially focus...
View ArticleState-backed Qatari trio launch $1bn overseas energy fund
A trio of state-backed Qatari entities will establish an overseas fund to invest in energy and water infrastructure.
View ArticleIsraeli tech investor Vintage Investment Partners beats target for fund six
Vintage Investment Partners has raised $161m for its sixth technology secondary fund, which is ahead of the $150m target and double the size of its previous vehicle.
View ArticleIsraeli investor Trendlines targets $83m for cleantech, medical fund
Israeli seed stage investor Trendlines Group has begun raising a ILS300m ($83.22m) venture capital fund to invest in cleantech and medical device innovators.
View ArticleIsraeli investors Eisenberg and Shochat launch $140m fund
Israeli venture capitalists Michael Eisenberg and Eden Shochat have raised $140m for their venture fund Aleph, which will focus on Series A tech investments.
View ArticleBlackstone considers IPO for Moser Baer Projects
Private equity major Blackstone is reportedly considering an initial public offering for Indian green power developer Moser Baer Projects.
View ArticleWorld Bank scales up energy efficiency, renewables investment in emerging...
The World Bank Group is to expand access to energy, along with accelerating its efforts in energy efficiency and renewable energy.
View ArticleSchwarzenegger boosts Algeria’s green economy with sustainable technology...
R20, the sustainability organisation launched by Arnold Schwarzenegger, has opened a new office hub in Algeria to help drive green growth in the region.
View ArticleSequoia Capital raises over $1bn for global technology investment
Venture capital firm Sequoia Capital has raised more than $1bn across three vehicles targeting the US as well as China and Israel.
View ArticleKuwait planning $3.3bn CSP project
Kuwait is set to develop a 280MW concentrated solar power plant in Al-Abdaliya.
View ArticleRussia plans 504MW of renewables after tender
Russia's government has chosen 39 renewables projects totalling 504MW of capacity to receive state subsidies under a government tender.
View ArticleNizam, Powerway to collaborate on 1GW Pakistan solar
Solar system and equipment seller Nizam Energy and solar farm construction company Powerway have signed a cooperation agreement to develop over 1GW of solar in Pakistan and the Middle East.
View ArticleACWA Power plans sukuk sale to raise funds prior to IPO
Saudi energy generator ACWA Power International is planning to sell shares and Islamic bonds, called sukuk, as it considers expansion and an initial public offering.
View ArticleDevelopment finance group targets investment in emerging markets energy,...
A global development finance group has launched a call for proposals to support investment funds in global emerging markets, in areas such as energy and infrastructure.
View ArticleIRENA, ADFD launch $41m rural renewable energy project
The International Renewable Energy Agency in tandem the Abu Dhabi Fund for Development have announced $41m in financing for renewable energy projects in developing countries.
View ArticleJordan’s government issues tender for 100MW solar
The government of the Kingdom of Jordan has issued a request for tenders to develop a further 100MW of solar generation capacity.
View ArticleSolar panel maker Upsolar commits $20m to Empower investment fund
Solar panel producer Upsolar has committed $20m to renewable energy fund Empower.
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