The World Bank Group has approved financing for the 1,125 MW Dorjilung hydropower project located on the Kurichhu river in eastern Bhutan. The project is being developed in a public–private partnership (PPP) model through Dorjilung […]
The World Bank has approved $500 million for the Indonesia Electricity Network Transformation (I-ENET) programme to modernise the electricity distribution system in the Java, Madura, and Bali regions. The initiative is aimed at supporting the […]
The World Bank has approved an operation to support the green hydrogen strategy of Pecém Industrial and Port Complex Company (CIPP) and the Government of Ceará. CIPP is located in Ceará, in Northeastern Brazil, and […]
The World Bank has approved a $350 million grant to support Malawi’s Mpatamanga Hydropower Storage Project (MHSP). The grant has been approved by the International Development Association (IDA). The project was co-developed by the Government […]
The World Bank has approved a €79.90 million loan along with a €2.89 million grant to advance Bosnia and Herzegovina’s National Energy and Climate Plan (NECP). The financial package is aimed at enhancing the country’s […]
The World Bank has sanctioned a development policy loan worth $1 billion with the aim of bolstering South Africa’s energy sector, advancing its low-carbon transition, and supporting the ongoing electricity market reforms in the country. […]
According to an International Finance Corporation (IFC) report titled ‘Blended Finance for Climate Investments in India’, the utilisation of blended finance will play a pivotal role in bolstering India’s energy transition by attracting increased private […]
World Bank’s Board of Executive Directors approved $1.5 billion in financing to accelerate India’s development of low-carbon energy. The financing will help India promote low-carbon energy by scaling up renewable energy, developing green hydrogen, and […]
There has been a lot of discussion recently about climate finance for supporting actions that will address climate change. The United Nations Framework Convention on Climate Change (UNFCCC), the Kyoto Protocol and the Paris Agreement have called for […]
The World Bank and partners, including Singapore, launched a worldwide tracking system in an effort to clear up the opaque carbon credit market and assist developing countries in promptly and more effectively obtaining much-needed climate […]
In order to support 450 MW of rooftop solar deployment in India and to make distributed generation systems in the country more affordable, the World Bank has approved an additional $165 million in financing. The […]
Despite the government’s focus on the utility-scale solar power sub-segment, the rooftop solar segment has been able to maintain its market share at about 10 per cent over the past few years. Capacity addition has […]
The year 2016 witnessed several project investments, and policy and regulatory initiatives across various regions, which were aimed at facilitating grid expansion and strengthening, mainly to connect new and renewable energy sources. Renewable Watch presents […]
In 2010, the Central Electricity Regulatory Commission had set the levellised tariff for solar projects at Rs 14.95 per kWh for 2010-11. Seven years later, such exorbitant rates sound unthinkable, with solar tariffs hitting a […]
As global markets transform rapidly, various non-traditional markets are opening up, bringing new products, services and business models. These changes, which have been largely driven by the opportunities arising from the challenges of rapid urbanisation, […]
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