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NDB Clears $300 Mn to Fund South African Energy Sector

The recipient authority would be the Development Bank of South Africa who would further distribute funds according to the government allocations. New Development Bank (NDB), a multilateral development bank established by BRICS states, has approved the USD 300 million loan to fund energy sector projects in South Africa. The recipient authority would be the Development […]

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Green Energy Will Account For 40% of Total Energy Production in India, Says Harsh Vardhan  

Green energy, electricity produced from non-fossil fuel sources such as wind, solar power, and hydropower, will account for 40% of the total energy production in India As the country is leading the new initiatives in fighting climate change and greenhouse emission, it is also rapidly shifting from the conventional source of energy to clean energy. […]

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RK Singh Launches Campaign to Promote Energy Efficiency

“Normal human body temperature is approximately 36-37 degree Celsius, but large number of commercial establishments, hotels and offices maintain temperature around 18-21 degree Celsius,” Singh said. In a bid to reduce greenhouse gas emission, the Power and New & Renewable Energy Minister R.K Singh has launched a campaign in New Delhi to promote the energy […]

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India in Sight for 5000 Crore Investment in Waste-to-Energy by Indian Ex-pat Varun Datta in 2019

Every year, India generates a staggeringly obscene 55 million tons of Municipal solid waste along with 38 billion liters of sewage waste predominantly from its urban pockets. This is multiplied critically by additional solid and liquid wastes churned out by the rapidly scaling industries. With more people expected to move from rural to urban areas […]

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Job Searches Surge by 76 Percent in Renewable Energy Sector in 3 Years

‘Currently, with the center’s focus on renewable energy, the Indian industry is adopting energy efficient tools and technologies. This bodes well for the ecology and the economy, and with a structured approach to policy implementation, the sector holds the potential to emerge as the foremost sunrise industry in the country, the firm said in a statement. […]

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Bangladesh, World Bank Ink $55 Mn Pact to Expand Renewable Energy Usage in Rural Areas

The additional financing to the Second Rural Electrification and Renewable Energy Development (RERED II) Project will install 1,000 solar irrigation pumps, 30 solar mini-grids, and about 4 million improved cookstoves in rural areas. In order to expand renewable energy usage in rural areas, the Bangladesh government has inked a USD 55 million financing pact with the World […]

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Johns Manville Releases 2016/2017 Sustainability Report

Johns Manville (JM), a leading global manufacturer of energy-efficient building products and engineered specialty materials and a Berkshire Hathaway company, released its 2016/2017 Sustainability Report today. JM’s sixth report communicates its commitment to core values, sustainability and conducting business in ways that balance the needs of stakeholders as well as the environment. The report is […]

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World Bank Approves $300 Mn to Scale Up India’s Energy Efficiency Program

The program will be implemented by the EESL, to help scale up the deployment of energy saving measures in residential as well as public sectors, strengthen EESL’s institutional capacity, and enhance its access to commercial financing. The World Bank has approved a USD 220 million loan and an USD 80 million guarantee for the country’s energy efficiency […]

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California Mandates Solar Panels on All New Homes

The move was approved unanimously by five-member California Energy Commission and is first of its kind in the country. It is seen as a latest effort to curb greenhouse gas emissions. Taking a lead in the US, California has made it mandatory for homes and low-rise apartments starting in 2020 to have solar rooftop panels […]

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