Pioneering Solar Power Plant to Take off in Uzbekistan with World Bank Support
The World Bank Group, Abu Dhabi Future Energy Company PJSC (Masdar), Asian Development Bank (ADB) and the Government of Uzbekistan signed today loan and...
ADB, NNS Sign Loans to Build Milestone Solar Power Project in Uzbekistan
The Asian Development Bank (ADB) and “Nur Navoi Solar” Foreign Enterprise Limited Liability Company (NNS) signed loans of up to $17.5 million for a...
A rebound in global coal demand in 2021 is set to be short-lived
A global economic recovery in 2021 is expected to drive a short-lived rebound in coal demand following the major drop this year triggered by...
$231 Million ADB Loan to Help Increase Supply of Clean Energy in India
The Asian Development Bank (ADB) has approved a $231 million loan to construct the Lower Kopili Hydroelectric Power (LKHEP) plant in Central Assam, India.
This...
IRENA Offers El Salvador a Strategic Action Plan To Drive Energy Transformation
Enhancing long-term planning for the renewable energy sector, fostering project development and establishing clear institutional frameworks are among the key action areas that can...
Aligning Recovery with Climate Efforts in Latin America and the Caribbean
Renewable energy is a central part of national climate pledges under the Paris Agreement. Nationally Determined Contributions (NDCs) set out the steps that countries...
Global electricity demand to rebound modestly in 2021 after historic shock from pandemic
After experiencing its biggest decline in decades, global electricity demand is expected to rebound modestly next year, led by growth in China, India and...
Progress on sustainable energy policies, critical to pandemic recovery, slower than in the past
While nearly every country in the world saw advancements in sustainable energy policy between 2017 and 2019, the most rapid improvements were in sub-Saharan...
IRENA and AfDB Partner to Scale up Renewables Investments in Africa
The International Renewable Energy Agency (IRENA), and the African Development Bank (AfDB), have agreed to work closely together to advance the continent’s energy transition...
Covid crisis deepens energy efficiency slowdown, intensifying need for urgent action
The already sluggish pace of global progress on energy efficiency is set to slow further this year as a result of the economic impacts...