Up to €400m being offered for renewable energy projects at mines
Published: Wednesday, 28 October 2015
The funds put forward by an international renewable energy finance company are aimed at addressing the problem of the need for substantial up front capital expenditure, which has been a barrier to renewable projects of this kind in the past.
An agreement between Munich, Germany-based energy
consultancy THEnergy and an unnamed international renewable
energy finance company will see €200-400m ($221-442*) made
available for solar and wind based diesel hybrid energy storage