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Climate change

Global Warming May Cause Decline in India’s Wind Power Potential: Study

However, the researchers found that the Indian monsoon is weakening as a result of warming waters in the Indian Ocean, leading to a steady decline in wind-generated power. The warming of the Indian Ocean, caused by global climate change, may be causing a slow decline in wind power potential in India, according to a new […]

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AfDB Group Okays $18.17 Mn for Kopere Solar Project in Kenya

Moreover, the bank is also in the process of securing a USD 11.6 million concessional loan from the Climate Investment Fund’s Scaling-up Renewable Energy Program (SREP). The African Development Bank (AfDB) Group has approved a USD 18.17 million senior loan to 40 MWac (50MWp) Kopere Solar Power Project in Kenya. The Kopere project, which falls under Kenya’s Renewable Energy Feed-in-Tariff (FiT) […]

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Rising Global Temperature will Hit Countries like India Hard: Dr Harsh Vardhan

The Minister tweeted on the sidelines of the 24th meeting of Conference of Parties (COP-24) to the United Nations Framework Convention on Climate Change (UNFCCC). The Union Environment Minister, Dr Harsh Vardhan said that rising global temperature will hit countries like India hard. A 1.5C rise in global temp will impact disadvantaged and vulnerable sections […]

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France Top Destination for Renewable Energy Investment in G20: Report

France gains the 1st position due to an overall favorable environment for renewables, leading the G20 in investment attractiveness of renewables. France has overtaken Germany as the most lucrative destination for renewable energy investment in the G20 bloc, Allianz Climate and Energy Monitor 2018 has found. “France gains the 1st position due to an overall […]

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Hungary Plans to Fully Rely on Renewable Energy by 2030

An estimated drop of 30% in the prices of photo-voltaic modules will give Hungary an opportunity to meet its renewable energy targets. Setting the right precedent, Hungary has announced that it aims to phase out the use of coal by 2030 and will be fully reliant on renewable energy for country’s energy needs. With a […]

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Frost & Sullivan and TERI Join Hands to Honor Sustainable Development Practices Across Sectors and Launch Sustainability 4.0 Awards 2019

Frost & Sullivan and The Energy and Resources Institute (TERI) will jointly host the 10th edition of ‘Sustainability 4.0 Awards’ on 21st June, 2019 in Mumbai. For the last two years, Frost & Sullivan and TERI have been hosting the program together and aspire to be the driver of sustainable development among organizations in the […]

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EIB Expands Cooperation with SBI in Wind Energy Financing

With this collaboration, the promoters of wind projects in the country will benefit from long-term low cost financing under the dedicated EUR 600 million renewable energy financing programme that is already supporting large-scale solar investment across the country. The European Investment Bank (EIB) will increase its support for India’s wind energy projects by expanding the existing lending programmes […]

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Adapt or Die – Can Renewables Save the Planet, or Is It Too Late?

Since the recently held Global Climate Action Summit where global leaders debated the practicalities of taking the climate change battle to the next level, media sources the world over have all been reporting the same thing: if global warming is not kept in check, there will be dangerous environmental and socio economical consequences. The BBC headlined with […]

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Finance to Close Global Energy Access Gaps Dramatically Off-Track to Meet 2030 Targets: SEforALL

Data shows finance for coal tripled in past year, but innovative off-grid solutions and finance models offer opportunities to meet Global Goals. Finance required to close electricity and clean cooking access gaps remains dramatically short of what is needed to meet global energy goals by 2030, leaving the world’s most vulnerable people behind, according to […]

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