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World Bank

Consultant Environment

Delivering a broad range of environmental projects and advisory services Screening and scoping studies Manage the delivery of environmental scope on projects Reviewing technical reports produced by others Management of environmental issues during the construction and operational phases of projects Environmental and Social Baseline Collection Environmental and Social Due diligence (ESDD), Environmental and social impact assessment, […]

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Top 5: Largest Solar Projects in the Middle East Region

The Middle East region is making strides in renewable energy growth as global development increasingly moves away from conventional sources of energy. Renewable energy sources, such as solar, wind, and green hydrogen, have become the new engines powering growth and development. Some of the major oil-producing countries, like the UAE and Saudi Arabia, are now […]

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IFC Invests $400Mn To Support Bajaj Finance Climate Fundraising

The International Finance Corporation (IFC), the World Bank’s private sector focused entity that offers investment, advisory, and asset-management services recently partnered with NBFC Bajaj Finance Limited (BFL) to invest $400 million. This is part of a $1 billion fundraising initiative by BFL. BFL raised IFC’s $400 million loan to expand financing options for customers buying […]

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Ashish Khanna To Take Charge As 3rd DG at ISA

The seventh session of the ISA Assembly in progress in New Delhi has selected Ashish Khanna from India as its third Director General. The other office candidates included Wisdom Ahiataku —Togobo from Ghana and Gosaye Mengistie Abayneh from Ethiopia. Khanna, currently working as the head of the World Bank’s west and Central Africa programme, will […]

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Off Grid Solar Market- 5 Key Takeaways From 2024 Trends Report

GOGLA and the Energy Sector Management Assistance Program (ESMAP) of the World Bank have released the 2024 report on Solar Market Trends for Off Grid Solar (OGS). Released every two years, this 7th edition in the series covers 2022 and 2023. The latest Off-Grid Solar Market Trends Report (MTR) 2024, warns that a 6-fold increase […]

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RUMSL Issues Tender For 600MW Solar Project With BESS

The Rewa Ultra Mega Solar Limited (RUMSL) has now issued a tender seeking developers to develop a 600 MW of solar project with battery energy storage (BESS). RUMSL, formed in 2015 is a Joint Venture between Madhya Pradesh UrjaVikas Nigam Limited (MPUVN), and Solar Energy Corporation of India (SECI). As per the tender details, RUMSL […]

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Finances Critical To EV Deployment In India: Vaibhav Singh (CSI)

CSI recently launched its India operations. What are the key areas of focus for CSI in India? We majorly focus on transport, power, and industries—particularly those that are hard to abate. As a research organization, CSI focuses on solution reports, such as financial models that could be adopted by entities like the World Bank. We […]

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Study Points Out At India’s Key Role In Energy Transition In Asia

The Rockefeller Foundation released a new report which talked about the important role played by India in the overall energy transition in Asia. It appreciated the role of the country and deploying renewable energy projects at an ‘unprecedented pace’. The report calculated an 8,700 terawatt-hour (TWh) “Green Power Gap” across 72 countries in Africa, Asia, […]

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Fourth Partner Energy Secures $275 Mn Investment From IFC Consortium

International Finance Corporation (IFC), Asian Development Bank (ADB) and DEG today made a $275 Mn investment into Fourth Partner Energy (FPEL). IFC is a global impact investor and DEG is a German investment and development company. The consortium’s investment will infuse capital to fund FPEL’s business expansion plans which include a target portfolio of 3.5 […]

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