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World Bank

EESL to Host Inspire 2019, With Focus on Energy Security and Sustainability

In a bid to foster a conducive ecosystem for sustainable energy through innovation, EESL will host INSPIRE 2019 from November 11 to 12, 2019, in Mumbai. In a bid to foster a conducive ecosystem for sustainable energy through innovation, Energy Efficiency Services Limited (EESL) a joint-venture of PSUs under the Ministry of Power, Government of […]

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SN Sahai Takes Charge as Power Secretary; Garg to Begin New Innings

Now, Garg is mulling to kick off his new innings in the economic and financial policy work outside Government. Sanjeev Nandan Sahai on Friday has assumed charge as Secretary in the Ministry of Power in New Delhi. He has been appointed in place of Subhash Chandra Garg, who retired on October 31, 2019. Prior to this, Sahai, who […]

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Uzbekistan’s PPP Based 900 MW Solar Tender, Gets IFC Backing

Uzbekistan has signed a mandate with IFC, to develop up to 900 MW of solar power through public-private partnerships (PPPs). Uzbekistan is advancing quickly to diversify its energy matrix and meet its target to develop up to 5 gigawatts (GW) of solar power by 2030. The country has signed a mandate with the International Finance […]

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REI 2019: Session on Startups – Innovation in Manufacturing Needed

At the ongoing Renewable Energy Exposition 2019, a session on the role of startups in the RE space highlighted that the innovation aimed at solving consumer and business problems are key to its future growth. The first day of the Renewable Energy Exposition (REI 2019) saw the convergence of financiers, startup heads and think tanks […]

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IFC and FRV Close Financing for 296 MW Mexican Solar Plant

The International Finance Corporation (IFC) and Fotowatio Renewable Ventures (FRV) have announced the financial close for 296 MW Potrero Solar project. The International Finance Corporation (IFC), member of the World Bank Group, and Fotowatio Renewable Ventures (FRV), part of Abdul Latif Jameel Energy, a leading global developer of renewable utility-scale projects, has announced the financial […]

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Renewable Energy India Expo (REI) 2019 Set to Boost Green Energy Sector with Top-of-the-line Showcase

Global Interest, International Investments & Technology breakthroughs to mark the 13th epic edition of Asia’s leading Renewable Energy Expo REI 2019 at a glance: Asia’s leading Renewable Energy Expo by Informa Markets in India from September 18-20 45 participating countries, over 700 plus exhibitors 3 – day power packed conference – ‘Giving the Business of […]

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IFC Raises $569 mn From 1st Canadian Green Bond

IFC has issued its 1st Canadian dollar green bond, raising USD 569 million for climate-smart business. The International Finance Corporation (IFC), a member of the World Bank Group, has issued its first Canadian dollar green bond, attracting strong investor demand and raising CAD750 million (USD 569 million) for climate-smart business. The proceeds of the five-year […]

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Tata Power-DDL, IFC Collaborate to Assess Battery Storage Demand

The motive behind the move is to ensure sustainable and reliable power distribution and to formulate a business model for storage deployment in distribution utilities. Tata Power Delhi Distribution Ltd (Tata Power-DDL), a distribution arm of Tata Power, has entered into an agreement with International Finance Corporation (IFC), a member of the World Bank Group, […]

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Canadian Solar Begins Operation of Largest Solar Plant in Argentina

Canadian Solar has announced that its 100.1 MW Cafayate solar power project in Argentina started commercial operation last month Canadian Solar, one of the world’s largest solar power companies, has announced that its 100.1 MW Cafayate solar power project in Argentina started commercial operation. Located in the Province of Salta, the solar project is powered by over 289,000 high-efficiency […]

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