AIIB’s USD60-M Solar Investment in Oman Supports Diversified Energy Mix
The Asian Infrastructure Investment Bank’s (AIIB)
Board of Directors has approved a USD60-million loan to increase Oman’s
renewable power generation capacity and reduce the country’s dependence...
IEA support Luxembourg’s ambitious energy transition goals
Luxembourg is targeting a
sharp reduction in emissions by 2030, but new measures are needed to boost
investment in renewables and energy efficiency, new IEA report...
Battery Storage Paves Way for a Renewable-powered Future
Battery storage systems are emerging as
one of the key solutions to effectively integrate high shares of solar and wind
renewables in power systems worldwide. A...
Organic waste has huge untapped potential to provide clean energy around the world
The world’s biogas and biomethane resources could cover 20% of global gas
demand while reducing greenhouse gas emissions, according to new
IEA report.
The world is only...
AfDB’s Facility for Energy Inclusion attracts $160m in commitments for small-scale renewables
The African Development Bank, the European Commission, KfW, the Clean
Technology Fund, Norfund, and other investors have committed nearly $160
million to the first close of...
Can renewables give climate-displaced women in Bangladesh a new beginning?
It is nightfall in the village of Char Baghutia in Manikganj
district in central Bangladesh. Twenty-seven-year-old Miriam is hunched over a
rickety old sewing machine, under...
Financing the Global Energy Transformation: Green Bonds
Despite the positive renewable energy investment
trends over the past decade, annual investments in renewable energy power alone
need to double until 2050 to meet climate...
USD200M AIIB Loan to Help Increase Electricity Access in Bangladesh
The Asian Infrastructure Investment Bank (AIIB)
has approved a USD200-million loan to Bangladesh to increase access to
electricity and improve service efficiency in the capital of...
Turkey Benefits from More World Bank Support to Renewable Energy
The World Bank’s Board of Executive Directors
today approved additional financing of EUR 289.5 million ($ 325 million
equivalent) to the Turkish Electricity Transmission Company (TEİAŞ)...
World Bank Supports Sustainable and Efficient Power Sector in Tajikistan
The World Bank’s Board of Executive Directors approved today $134 million
in grant financing from the International Development Association for the Power
Utility Financial Recovery Project...