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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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Germany boosts broadband funds to EUR 4 billion
2016-07-01 12:01:00| Telecompaper Headlines
(Telecompaper) Germany's Digital Infrastructure Minister Alexander Dobrindt has announced an additional EUR 1.3 billion of funding for the federal broadband programme to boost internet connectivity in areas not served by commercial providers. Combined with the EUR 2.7 billion already provided, this boosts total funding for the project to EUR 4 billion.
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HTC announces $10 billion VR-focused investor consortium
2016-06-30 16:30:55| Digital TV News
HTC has announced the formation of the Virtual Reality Venture Capital Alliance (VRVCA), a consortium of venture capital firms who invest in the VR industry. The VRVCA members together represent well over $10 billion of investible capital.
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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...
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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