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India cancels plans for huge coal power stations as solar energy prices hit record low
Analyst Tim Buckley said the shift away from the dirtiest fossil fuel and towards solar in India would have “profound” implications on global energy markets.
- Categories
- Energy
- Region
- South Asia
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Emerging Cities Could Collect $29.4 Trillion In ‘Climate Cash’
Cities can lead the way for global actions to mitigate climate change, according to the International Finance Corporation (IFC), a member of the World Bank Group and the largest global development institution focused on the private sector in emerging markets.
- Categories
- Energy
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World’s first CO2 negative fuel to be presented at the UN Climate Summit
NextFuel is introducing a completely new energy solution to climate change that is CO2 negative, cheap, profitable and massively scalable in the form of a briquette made from elephant grass.
- Categories
- Energy
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Clean Power Sees First Win Over Fossil Fuels in Emerging Markets
Developing countries have added more clean power capacity than fossil fuel generation for the first time ever, charging ahead of wealthier nations in the global green energy push, according to Bloomberg NEF.
- Categories
- Energy
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ENGIE acquires controlling stake in Simpa Energy India
Simpa Energy India is the leading rural rooftop solar provider in India, selling solar home systems (SHS) to households and small businesses in rural areas of Uttar Pradesh, Bihar and Odisha.
- Categories
- Energy
- Region
- South Asia
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Press release: The Trade and Development Bank and USAID Sign Memorandum of Understanding to Power Africa
At the signing, the Trade and Development Bank’s President and Chief Executive, Mr. Admassu Tadesse, said, “TDB is very pleased to deepen its existing partnership with USAID in further support of the Power Africa Initiative, which resonates strongly with TDB’s strategy and mandate. We are proud to count USAID among our growing number of cooperating trade and development finance partners in the US.”
- Source
- Press release
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Viewpoint: Should Paraguay invest its energy wealth in bitcoin ‘mining’ or fighting poverty?
The Itaipú dam is already enriching some, and they believe the country should invest more in cryptocurrency, while others argue it should spread Itaipú’s bounty more widely.
- Categories
- Energy, Technology
- Region
- Latin America
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Financing the Energy Access Revolution: Three Technologies That Are Driving Africa’s Momentum
Technology has become central to the energy access story in Africa. It’s an essential part of all the key stages of an enterprise’s work – from raising the initial capital and financing the equipment, to designing and delivering the final product itself. And the new possibilities opened up by technology are increasingly seen as potential game-changers, in a region where some 590 million Africans – around 50 percent of the population – are still without access to electricity. Ben Good, the CEO of Energy 4 Impact, explores three areas in which tech-driven approaches – from crowdfunding to cryptocurrency – are making an impact.
- Categories
- Energy, Technology
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