Make in India logo with a backdrop of solar panels.

India Seeks $3 Billion From Development Banks For Solar Power Projects

To kick-start the financial arrangements for the nearly 100 GW planned capacity addition over the next 7 years, the Indian government is seeking $3 billion from international development banks. The government is said to be in talks with the Asian Development Bank, the World Bank, KfW, the Japan International Cooperation … [continued]

Biggest Renewable Energy Financier In The World Quits Australia’s Renewable Energy Market Because Of RET…

Originally published on RenewEconomy. Spain’s Banco Santander, the biggest bank in Europe by market value and once the world’s largest financier of renewable energy projects, has decided to sell its only Australian renewable energy investment and quit the country’s renewables market, due to Australia’s policy uncertainty around the renewable energy … [continued]

Electricity’s Un-Natural Monopoly

Originally published on ilsr.org The US electricity system is undergoing the biggest change in its 130-year history, undermining the rationale for monopoly ownership and control. Until recently, electricity service was similar to water or roads, where a natural monopoly was most efficient. Only a single, standardized electric grid was needed to … [continued]