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World Bank Fund For Climate-Smart Mining to Support Clean Energy Transition

The Facility will support the sustainable extraction and processing of minerals and metals used in clean energy technologies, such as wind, solar power, and batteries for energy storage and electric vehicles. The World Bank Group has launched the Climate-Smart Mining Facility, the first-ever fund dedicated to making mining for minerals climate-smart and sustainable. The Facility will […]

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Carbon Taxes are the Best Way to Cut GHG Emissions: Report

An IMF Executive Board review of the fiscal policies for Paris climate strategies and discussed a paper providing country-level guidance on the role, and design of, fiscal policies for implementing climate mitigation strategies that countries have submitted for the 2015 Paris Agreement and for addressing vulnerabilities in disaster-prone countries. On the mitigation side, the paper […]

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Renewable Capacity Growth Dips in 2018 After 20 Year Expansion: Report

2018 was the first time since 2001 that growth in renewable power capacity failed to increase year on year, a new report has revealed. New net capacity from solar PV, wind, hydro, bioenergy, and other renewable power sources increased by about 180 Gigawatts (GW) in 2018, the same as the previous year, according to the […]

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Telangana, AP Power Discoms Hit by Malware Attack

A Ransomware is a malicious software designed by hackers to lock someone’s computer system/server. Generally, such hackers demand huge money from the computer owners in lieu of unlocking the system or they threaten to publish data of the owner. The computer systems of power distribution companies (discoms) of Telangana and Andhra Pradesh states have been […]

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Using Sunlight to Harness Hydrogen From Wastewater

A research team has devised an inexpensive way of harnessing sunlight to isolate hydrogen from industrial wastewater. Hydrogen, which is a critical component in the manufacture of thousands of common products from plastic to fertilizers, is expensive and energy intensive to produce. But now, a team led by Zhiyong Jason Ren from Princeton University has […]

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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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Siemens Wins Race to Rebuild and Modernise Iraq’s Electricity Grid

Within the implementation agreement, the parties also agreed on the award of contracts valued at approximately 700 million euros for Phase 1 of the Roadmap. German Industrial Conglomerate Siemens has beaten US-based General Electric to rebuild and modernise Iraq’s electricity grid. The German firm has signed an agreement with the Ministry of Electricity paving way […]

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The New Generation of Backsheets Made by Bischof + Klein

History of Bischof + Klein In 1922, the company entered the packaging industry with the production of paper sacks for the neighbouring lime and cement works. Small paper packaging items and newspaper printing extended the product range. 1950 saw an increase in the production of consumer packaging. At the beginning of the 60s, B+K was […]

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World Bank’s New Program to Accelerate Sustainable Cooling in Developing Countries

The program will provide technical assistance to ensure that efficient cooling is included in new World Bank Group investment projects and mobilize further financing. The World Bank has announced a new program to accelerate the uptake of sustainable cooling solutions, including air conditioning, refrigeration and cold chain in developing countries. The program will provide technical […]

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