France-based renewable energy firm Neoen has secured US$280 million in debt financing from Bancomext, Natixis and Société Générale for its 375MW El Llano solar project in the state of Aguascalientes in Mexico, the company's largest such project to date.
China is planning to create a ‘green certificates’ market to promote renewable energy and reduce its use of fossil fuel-based power, under proposals from the country's National Energy Administration (NEA),