Tagged Finance

China on Pace for Record Solar Capacity as Forecasts Jump

China, the world’s biggest carbon emitter, is poised to install a record amount of solar-power capacity this year, prompting researchers to boost forecasts as much as 80 percent. About 54 gigawatts will be put in place this year, Bloomberg New Energy Finance said Monday, raising a forecast of more than 30 gigawatts made in July….

Toyota Financial Services issues first Euro-denominated Green Bond allocated specifically to the sales of low-emission vehicles; €600M

By mmillikin Toyota Financial Services (TFS) issued its first euro-denominated unsecured Green Bond today, expanding its commitment to the sale of environmentally friendly vehicles. The €600-million (US$704-million) bond will be used to fund the acquisition of new retail finance contracts and beneficial interests in lease contracts for Toyota and Lexus vehicles that meet specific clean…

Global storage market to double six times by 2030, says BNEF

By Michelle Froese The global energy storage market will double six times between 2016 and 2030, rising to a total of 125 gigawatts/305 gigawatt-hours. This is a similar trajectory to the remarkable expansion that the solar industry went through from 2000 to 2015, in which the share of photovoltaics as a percentage of total generation…

Axel Springer and Porsche to set up joint start-up accelerator

By mmillikin Axel Springer Digital Ventures and Porsche Digital will establish a new, joint start-up accelerator. The companies signed an agreement on entering into a joint venture in which each holds a half share. Together, both companies aim to support digital business ideas that have high market potential and the chance to change the sector…

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