Kenya has gotten its very first green bond. Stanbic Bank in Kenya, who arranged the deal, announced the arrangement. It has raised $41.45 million (4.3 billion Kenyan shillings), according to the bank. The bond will be used to build climate-resilient student accommodation in Nairobi.
Total, the major French multinational oil and gas company, announced today a $300 million investment to install about 200 MW of solar capacity at 5,000 gas stations around the world. The investment is being presented as a way for Total’s operations to reduce its carbon footprint, but what if its the first step to convert the gas stations into electric vehicle charging stations? expand full story
Right on the heels of the Prius Prime making its round across various news outlets, we now have information that a newly opened, 34,800 square-foot Toyota dealership in Corvallis, Oregon will be seeking to receive their LEED Platinum and Net Zero Energy certifications over the next 14 months as data is collected.
After launching their campaign for the innovative and very reasonably priced Sion solarcar at the end of July, Sono Motors, based in Munich, has three days remaining in its campaign to garner final support from backers on Indiegogo after recently reaching their goal of €150,000. expand full story
Santa Monica joins other California cities San Francisco, Lancaster and Sebastopol in implementing solar requirements at time of construction. The requirements will add between $3.27-3.54/sq ft in construction costs – 33-37% below current solar market prices. The energy savings will more than offset mortgage pricing increases – lowering ownership costs from day one.
Dubai received bid of $.0299/kWh for 800MW of solar power. This price represents the lowest yet recorded for solar power (and might not represent the end of the price drops…).
Dubai Electricity and Water Authority (DEWA) has received 5 bids from international organisations for the third phase of the Mohammed bin Rashid Al Maktoum Solar Park, said HE Saeed Mohammed AlTayer, MD & CEO of DEWA. The lowest recorded bid at the opening of the envelopes was US 2.99 cents per kilowatt hour. The next step in the bidding process will review the technical and commercial aspects of the bids to select the best one.