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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...
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,...
Siemens to supply onshore wind turbines for Germanys Naundorf power plant
2016-06-30 01:00:00| Power Technology
German engineering company Siemens will deliver three modern direct drive SWT-3.2-113 turbines for the Naundorf onshore windpower plant.
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...
Mexico, Canada, US to make clean power pledge
2016-06-29 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Climate Central: The U.S., Mexico and Canada are expected to pledge Wednesday to collectively generate 50 percent of their electricity from zero-carbon sources by 2025, according to White House officials. The agreement is expected to be struck at the North American Leaders' Summit in Ottawa. It means that when all the electricity generated in the three countries is added up, the amount coming from zero-carbon sources will jump from 37 percent today to half within 10 years. Zero-carbon sources include solar, wind,...
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