Manila, capital city of the Philippines. There are 7,107 islands in the archipelago, of which less than a third are inhabited. It’s tomorrow already for a Chicago resident here in Manila, the most densely populated city in the world and government and commercial capital of the far-flung Philippines, long known … [continued]
Two statements in the video were most interesting to me. For one, a spokesman for Newcom (the owner of the wind farm) remarked that Mongolia has enough wind resources in one Southern province (I assume he was talking about Ömnögovi (meaning “South Gobi”) to power all of China. That’s true. It … [continued]
The Indian government is set to repose millions of dollars in financial support for solar power project developers from the coal tax corpus it has accumulated over the last few years. Project developers looking to set up projects under the second phase of the Jawaharlal Nehru National Solar Mission will … [continued]
SPCG Public Company Limited has announced that it intends to set up off-grid solar power projects for rural populations in Myanmar. The company has significant experience in the solar power sector in the Southeast Asia region. The company is expected to have 240 MW of operational solar power capacity in … [continued]
The Energy Authority of Maldives has announced the inception of $138 million renewable energy project which would generate 26 MW of electricity in Maldives. Abdul Matheen, State Minister for Energy revealed that the project is expected to be completed within five years. Out of a total 26 MW of … [continued]
Several of the world’s fastest-growing economies face the largest financial threats from natural disasters fueled by climate change, according to the new Natural Hazards Risk Atlas.
There are signs that there’s healthy demand on the part of retail and professional private sector investors, particularly in Japan, in helping finance the transition to clean, renewable energy. Through Nomura International, the Asian Development Bank last week sold a second, $339 issue of Clean Energy bonds in various foreign currencies to Japanese retail investors.
The Asian Development Bank (ADB) will lend India’s Reliance Power $103 million to help finance a 100-MW concentrating solar power (CSP) plant that is to be built adjacent to the 40-MW Dahanu solar photovoltaic (PV) farm in Rajasthan. Reliance’s Rajasthan CSP project is ADB’s first CSP financing, as well as one of India’s largest solar power projects.
Can the coal industry ever become a partner to the renewable energy industry, searching for the higher good concerning this planet’s energy needs? With enough coal to last for over a century, is there even a need to worry about such matters – at least right now? Will King Coal eventually wither into an old maid bride’s maid?
The Asian Development Bank has roped in the European Investment Bank to invest in large-scale solar power plants in India. The ADB is committed to arrange finances for India’s ambitious National Solar Mission projects. The Asian Development Bank has been working closely with many Asian countries to provide them financial, … [continued]
