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Italy Signs €30 Mn Agreement With Myanmar to Fund Electrification Programme

As a part of the agreement signed between the two countries, Italy has approved Euro 30 million soft loan agreement. Italy has extended its help for the World Bank-funded national electrification programme in Myanmar that is expected to bring half a million people in the country energy access. As a part of the agreement signed between […]

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Partners in Progress: India Calls Out For Energy Security in Asia

India’s Minister of State for External Affairs V K Singh has called for concerted efforts across Asia to ensure energy security in the region for sustainable development and poverty eradication by pursuing non-polluting renewable sources such as solar power.  Speaking at the 16th Ministerial Meeting of Asia Cooperation Dialogue (ACD) in Doha, Qatar, the minister urged the Member States […]

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Ørsted Takes FID on Two Offshore Wind Farms in Taiwan

Denmark-based power company has announced that it has taken the final investment decision (FID) on the Changhua 1 and 2a offshore wind farm in Taiwan.  Prior to the FID, Taiwan’s Ministry of Economic Affairs approved Ørsted’s local supply chain plan, and subsequently, Ørsted has signed a power purchase agreement (PPA) with Taipower at the feed-in-tariff […]

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Duke Energy Shows Cleaner Energy Mix is Affordable in Annual Report

The company has revealed that it continues to generate cleaner energy at prices below the national average for its 7.7 million residential, commercial and industrial customers. Duke Energy, an electric power holding company based in Charlotte, North Carolina has issued its latest (13th) Annual Sustainability Report – a report card on the company’s progress at […]

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Caffeine Improves Performance of Perovskite Solar Cells

A team of scientists at the University of California, Los Angeles have discovered that caffeine can be a promising alternative to make traditional solar cells more efficient at converting light to electricity. The latest research which began as a cafeteria joke over morning coffee led to this unusual solution. “One day, as we were discussing […]

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World Bank Approves $200 Mn Regional Off-Grid Electrification Project 

The World Bank Group has approved the Regional Off-Grid Electrification Project (ROGEP) to help expand off-grid access to electricity for populations in 19 countries in West Africa and the Sahel region. The Board of the World Bank Group approved  the Regional Off-Grid Electrification Project (ROGEP), which includes $150 million in the form of credit and […]

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Rising Oil Prices. The Good And Bad for Renewables

Typically, sector enthusiasts for renewables don’t mind higher oil prices, as it helps make the case for renewables stronger. In fact, some of the biggest investments in EV’s were made when oil prices were threatening to spike to $75 plus levels. The situation is a lot more complicated today. As things stand, the renewables economy […]

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Touchdown – Solar Power Makes a Smooth Landing at Indian Airports

With over 100 operational airports, civil aviation in India has emerged as one of the fastest growing sectors in the country during the last three years. India is currently considered the third largest domestic civil aviation market in the world. India’s passenger traffic grew at 16.52 per cent year on year to reach a whopping […]

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The Five Leaders Singled by UNEP for their Work on Curbing Emissions

UN Environment, the arm of the UN focused on curbing emissions and fighting climate change, among other environmental challenges, has commended these 5 leaders for their work in curbing transport emissions. Even as UN Environment identified 5 leaders for their work in cutting back transport emissions, India would do well to track just what these […]

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