UK to join International Solar Alliance

The organisation aims to reach 1,000GW of clean, sun-powered capacity by 2030

International Solar Alliance comes into force

The International Solar Alliance (ISA) has formally entered into force and received the status as an international organisation. It aims to deploy more than 1,000GW of the renewable source and mobilise around $1 trillion (£0.7tn) into solar power by 2030. The initiative, initially launched at the 2015 UN climate conference in Paris, has so far […]

Abundance opens biomass project to investors

A peer-to-peer finance platform has launched an offer to directly invest in two biomass systems. Abundance Investment is offering an annual return of 8% over 19 years, with the benefit of being eligible for tax-free returns in an ISA. The new offer aims to raise £1.4 million and since its launch this weekend, around £1 […]

UK’s first green ISA hits the market

The UK’s first green energy ISA has officially been launched. Abundance Investment’s Innovative Finance ISA (IFISA) will allow ordinary people to invest their money directly in renewable energy projects across the country. This first project offered as part of the ISA is a 5MW solar farm in Swindon, owned by Swindon Borough Council. It will cost £5.4 million, with £3 million coming from the […]

World Bank to help International Solar Alliance mobilise $1tn

The World Bank has signed an agreement with an alliance of 121 countries led by India to collaborate on increasing solar energy use across the world. They aim to mobilise $1 trillion (£0.75tn) in investments by 2030. The International Solar Alliance (ISA) was launched at the COP21 conference in Paris in December last year following […]

Plans for UK’s first Innovative Finance green ISA

A new Innovative Finance (IF) green ISA claimed to be the first in the UK is to be launched this year. It will allow investors to put money directly into renewable energy using a tax efficient ISA, according to peer-to-peer investment platform Abundance. The announcement follows a survey which showed huge potential demand for green […]

International Solar Alliance takes shape in India

The International Solar Alliance (ISA) has taken shape with Indian Prime Minister Narendra Modi and French President François Hollande laying the foundation stone for the headquarters in Delhi. The ISA, which was launched at COP21 in Paris in December, is an alliance of 121 countries with strong solar resources. It aims to make the renewable source […]