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Indias solar plans receive billion dollar boost
2016-07-01 12:53:00| Climate Ark Climate Change & Global Warming Newsfeed
Climate Home: World Bank loan comes off back of major funding pledges from US and Germany as major economies try and wean Delhi off coal Some US$1 trillion will be invested in small-scale solar in developing countries by 2040, The sun is shining a little brighter on Delhis ambitious plans to triple its use of renewable energy by 2030 after $1 billion of funding was confirmed by the World Bank. The loan will leverage investment in the countrys domestic energy market and mobilise $1 trillion in finance...
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World Bank commits USD 1 bn for solar projects in India
2016-07-01 04:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Times Of India: Multi-lateral lender World Bank today announced funding support of USD 1 billion for expansion of solar power capacity in India. It also signed an agreement with the International Solar Alliance (ISA), consisting of 121 countries led by India, to collaborate on increasing solar energy use across the world, with a goal of mobilising USD 1 trillion in investments by 2030. The pact, which was signed in the presence of Finance Minister Arun Jaitley, Power Minister Piyush Goyal and visiting World...
Solar project at Michigan State University will go forward
2016-06-30 23:34:00| American School & University
Installation, touted as the largest in Michigan, will proceed even though the company installing the system received a smaller-than-expected tax incentive. read more
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World Bank to back India's solar power initiative
2016-06-30 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Associated Press: Indian Finance Minister Arun Jaitley, right, shakes hand with World Bank President Jim Yong Kim, in New Delhi, India, Thursday, June 30, 2016. The World Bank Group Thursday signed an agreement with the International Solar Alliance, consisting of 121 countries led by India, to collaborate on increasing solar energy use around the world, with the goal of mobilizing $1 trillion in investment by 2030. The World Bank signed an agreement on Thursday with the Indian-led International Solar Alliance to...
India to get over $1 billion from World Bank for Modi's solar goals
2016-06-30 14:53:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: The World Bank said on Thursday it would lend India more than $1 billion for its huge solar energy programme, after Prime Minister Narendra Modi sought climate change funds from its visiting head. Modi is banking on India's 300 days a year of sunshine to generate power and help fight climate change rather than committing to emission cuts like China. The World Bank loan is the global lender's biggest solar aid for any country and comes as India has set a goal of raising its solar capacity nearly...
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