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US Solar Finance Trembles As Mosaic Enters Chapter 11

OilPrice

US residential solar financing has taken a sharp dive, with Mosaic, a top lender underwriting over $15?billion million in debtor-in-possession financing, including $15?million billion in home energy loans, filing for Chapter 11 bankruptcy on Monday. The company secured $45?million million in fresh capital, enabling…

Finance 241
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UK Government Pushes Green Finance as Banks Rethink Climate Goals

OilPrice

Speaking at City Week on Monday, Emma Reynolds said: “The UK has a world leading financial and related professional services ecosystem and the research that is needed to integrate sustainable finance.”

Finance 232
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Financing the Nuclear Renaissance

POWER Magazine

At the 2023 United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, last December, 25 countries underlined the role of nuclear energy in their climate strategies by issuing a The post Financing the Nuclear Renaissance appeared first on POWER Magazine.

Finance 246
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RMB 7.974 Billion! China’s Ministry of Finance Pre-Allocates Renewable Energy Subsidies to Local Grids

EnergyTrend

China’s Ministry of Finance Pre-Allocates Renewable Energy Subsidies to Local Grids OnJune16,China’sMinistryofFinanceissuedthe“NoticeonAllocatingthe2025RenewableEnergyTariffSurchargeSubsidyBudgettoLocalGovernments,”announcingthedisbur. RMB 7.974 Billion!

Finance 130
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Iraq’s Economy on Edge Due to High Oil Income Dependence

OilPrice

Iraq’s federal revenues topped $107 billion (140 trillion Iraqi dinars) last year, data from the Ministry of Finance showed this weekend. But oil accounted for more than 91% of all federal government revenues, according to the finance ministry. Iraq has long been one…

Oil 280
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Pemex liquida Pemex Finance y acelera desaparición de filiales

Oil & Gas Magazine

Pemex liquida Pemex Finance en Islas Caimán y acelera el cierre de filiales para reducir costos, mejorar eficiencia y cumplir la nueva política energética estatal.

Finance 110
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U.S. Insurers Are Refusing to Cover Climate Change Risk Zones

OilPrice

However, without insurance, it is impossible for many people to gain access to mortgage financing. As countries worldwide experience more regular extreme weather events, insurers have become more reluctant to cover properties in high-risk areas.

Insurance 363