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Global solar installations set to touch 100-gigawatts milestone next year

Bloomberg Solar is about to hit a milestone: Global installations are set to reach 108 gigawatts next year thanks to China, IHS Markit Ltd forecasts show. Strong government support for clean energy in China, the world’s biggest market for solar, will continue to boost demand for panels, the London-based research company said in a report. The country’s hunger for renewables ...

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Nigeria to sell first African sovereign green bond

Bloomberg Nigeria, Africa’s biggest oil producer, is set to become the first country on the continent to issue a security that raises funds for environmental projects when it launches its green bond on December 18. The government plans to sell 10.7 billion naira ($30 million) and the offer is billed to close on December 20, said Lanre Buluro, director of ...

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Canadian oil shippers find rail space scarce as prices slide

Bloomberg The trains are running late for Canada’s oil producers just when they need them the most. After a two-week shutdown of one of the largest export pipelines to the US caused oil to back up in Alberta tank farms, Canadian railroad companies struggling to fulfill commitments to ship other commodities aren’t able to help ease the oil glut. “It’s ...

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