14 posts found.
Selected Category: Renewable energy
Access to electricity – at any cost?
Sustainable Development Goal 7 aims to ensure access to affordable, reliable, sustainable and modern energy for all by 2030. Some progress has been made but Sub-Saharan Africa remains a challenge. International Energy Agency recently published data showing that, for the first time in modern history, the global population without access to electricity is below 1 […]
Read moreAugust 21, 2019
Finnfund finances energy efficient solar power solutions in Nigeria’s banking sector
Finnish development financier Finnfund has signed a pioneering 5 million US dollar long-term senior debt financing to Starsight Power Utility Limited group. Starsight offers solar-diesel-battery hybrid generation and efficient cooling and lighting solutions to commercial and industrial clients throughout Nigeria. Starsight’s solution will cut the customer’s use of fossil fuels by up to 70% thanks […]
Read moreJune 10, 2019
Finnfund invests in Ukraine’s largest windfarm
Finnish development financier Finnfund has decided to make a 15 million euro co-investment in the Syvash wind farm to be built in Kherson province, southern Ukraine. With a generating capacity of 250 MW, Syvash will be the largest wind farm in Ukraine. It will have significant impact on Ukraine’s energy security and contribute to the […]
Read moreApril 18, 2019
Finnfund’s initial reaction to the Gaipe Report
On 6 July 2017, FMO and Finnfund finalized their exit from the Agua Zarca project in Honduras. Following the murder of Berta Cáceres, a well-respected human rights activist, FMO and Finnfund publicly expressed the deepest sorrow at her violent death. We have called upon the Honduran authorities for a thorough investigation and continue this call […]
Read moreNovember 2, 2017
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