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European Union

EIB to Sign Loan Agreement with India for Renewable Energy Projects on March 10

The EIB claimed that it is the world biggest financier of climate action and clean energy projects. In 2017 the EIB financed EURO 19.6 billion of climate action projects, which is about 28 percent of its total financing. In a significant development, European Investment Bank (EIB) said it will ink an agreement on Saturday to […]

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18 Countries to Participate in International Conference on Sustainable Biofuels

A plenary talk on ‘Advance Biofuels-Pathways to decarbonize transport fuels’ will be given by Prof Jack Saddler, UBC Canada. A two-day International Conference on Sustainable Biofuels is jointly being organized by Department of Biotechnology, Govt. of India on behalf of Mission Innovation and Biofuture Platform at the Stein Auditorium, India Habitat Centre, New Delhi. Moreover, the Union Minister for […]

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New High Power Charging Network Planned for Europe’s Metropolitan Areas

Fortum Charge & Drive and Allego are the first pan European movers to provide an integrated approach to connect metropolitan areas with a consistent charging network. The project named MEGA-E is selected and advised for co-financing by the European Union. The plan covers 322 Ultra-fast chargers and 27 smart charging hubs throughout 20 European countries. […]

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Investing Renewables Infesting Fossils

Renewable Energy Sector as a Future Investment Model With increasing technological advancements, renewable energies are having a significant impact. Renewable energy is becoming increasingly viable, a trend that could potentially be a game-changer for investors, particularly large scale, global investors. The International Energy Agency projected that renewable energy will continue to grow by 42 percent […]

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YES Bank, EIB to Invest $400mn in Indian Renewable Energy Sector

The new $400 million private sector renewable energy financing programme is divided into two components. Of the $400-million, the EIB will fund $200 million, while the rest will be supported by YES Bank. YES Bank and the European Investment Bank will jointly invest $400-million funding for renewable power generation in the country. “The new financing […]

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Europe Moves to Grow Green Economy at Paris Climate Meeting

European leaders in Paris called for a sector-by-sector approach to investments that makes good use of the single market in the European Union. Commemorating the Paris climate agreement, European leaders said they are committed to establishing the bloc as the destination for green development. European and international delegates are in Paris for a series of […]

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International Solar Alliance Energizing Future

India’s brainchild, the International Solar Alliance celebrated its inception this November, and looks ahead to become a legal entity on 6th December 2017. An Indian initiative to forge a global coalition to harness solar energy, International Solar Alliance was launched at the CoP21 Climate Conference by Prime Minister Narendra Modi and the then French President Francois […]

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Developing World Says Rich Nations Shirking On Climate Change Pledge

The climate change pact rests on voluntary carbon-cutting pledges from virtually every country in the world. The failure of wealthy nations to deliver on short-term climate commitments could hinder the rollout of a landmark treaty, a bloc of 134 developing countries, including India and China, warned today at UN negotiations in Bonn. The diplomatic spat […]

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Mechanochemistry Paves the Way to Higher Quality Perovskite Photovoltaics

Mechanochemistry is a rapidly developing field of science dealing with chemical reactions occurring directly between solid-phase compounds upon activation by mechanical force. For several years, tension has been rising in line with the approaching commercialization of perovskite photovoltaic cells. Now, there has been another small earthquake: it turns out that devices based on these materials […]

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