Archive for October, 2019

The highs and lows of creating the world’s first social stock exchange – Quartz

The world is coming around to social stock exchanges (SSEs).

In just the past few months, Scotland, Jamaica, and now India have thrown their hat in the ring to launch their own platforms, all with the hope of solving one of the greatest challenges to social capital markets: the need to connect capital to socially-minded organisations at scale.

In 2009, when I launched the world’s first SSE, the Impact Investment Exchange (IIX), in Singapore, I did so with the vision that it would become a beacon for impact investing—the symbol of a perfect financial system, where everyone could participate and have a voice.  READ MORE

Bangladesh to Develop 50 MW of Solar Power Projects – Mercom

A consortium of ib vogt and AG Agro Industries have won a contract to develop a 50 MW grid-tied solar project in the Chittagong district of Bangladesh.

The company is expected to enter into a power purchase agreement (PPA) with the Bangladesh Power Development Board (BPDP) for 20 years. The project will be developed on a build, own, and operate basis (BOO).

Further, BPDB is expected to procure the power at a tariff of $0.1094/kWh under the condition of ‘no electricity, no payment.’ READ MORE