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India to get over $1 billion from World Bank for Modis solar goals

2016-06-30 12:23:00| 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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World Bank to back India's solar power initiative

2016-06-30 06:51:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: The World Bank president said Thursday that India had shown resilience in the situation created by Britain's decision to exit from the European Union, but it will be affected "if there were more events creating more uncertainty." Jim Yong Kim told reporters that the British decision has caused a shortage of capital for developing nations like India and money was flowing into safe havens like gold and U.S. treasury bills. Urging countries to embrace multilateralism and multilateral institutions,...

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Here comes the sun: US solar power market hits all-time high

2016-06-29 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Solar energy in the US has had a rocky existence. Ever since Ronald Reagan symbolically removed Jimmy Carters solar panels from the White House roof in 1986, federal policy has been unpredictable, such that manufacturers and consumers could never depend on reliable incentives to produce and install solar energy systems. Remarkably, the US solar energy industry is now entering what may be its most prosperous decade ever, thanks to a new wave of federal and state policies and positive economics...

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DEWA selects Masdar-led consortium for Al Maktoum Solar Park phase three

2016-06-29 01:00:00| Power Technology

The Dubai Electricity and Water Authority (DEWA) has selected Masdar-led consortium for the 800MW third phase of the $13.6bn Mohammed bin Rashid Al Maktoum Solar Park in Seih Al-Dahal.

Tags: three park phase solar

 

Meyer Burger to supply new technologies to Chinese solar supplier

2016-06-27 01:00:00| Power Technology

Swiss company Meyer Burger Technology has signed a $21.9m contract to supply technologies and equipment for the production of high-quality solar wafers and highly efficient solar cells to a Chinese tier one solar supplier.

Tags: supply chinese technologies supplier

 

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