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Zero Fossil-Fuel Lending Ahead in Nedbank’s $3.5 Billion Plan

Nedbank Group Ltd. has committed 50 billion rand ($3.5 billion) to renewable energy projects as the South African lender forges ahead with plans to retreat from fossil-fuel financing. The nation’s fifth-largest lender by value has already approved over 37 billion rand for clean-energy developments. It also secured deals in South Africa’s latest bidding round for […]

SECI Allocates 600 MW Solar Projects at Record-Low Tariff of USD-0.036/kWh – EQ