The World Bank and the African Development Bank (AfDB) have announced that they will commit over $47 billion by 2025 to help African countries tackle the effects of climate change.
Eni, the Italian oil and gas giant, has announced that it has started building new solar power plants in Tunisia and Pakistan.
Siddiqsons Limited plans to set up two solar power plants, each of 50 MW, in Khyber Pakhtunkhwa, Pakistan, with a total investment of $110 million.
Florida Power & Light Company (FPL) of the USA has announced plans to build four new solar power plants scheduled to start providing power to customers by early 2020.
Solar Wolf Energy, a solar power and system installer based in Massachusetts, USA, has announced that it will construct and commission a 5 MW agricultural solar farm in Concord, New Hampshire.
Pakistan and the World Bank have signed a financing agreement worth $100 million for the Sindh Solar Energy Project.
Schneider Electric’s research has revealed that Generation Z – those born from around the mid-1990s – are far less worried about the planet (and their impact upon it) than their parents. What’s more, they show little regard for a host of environmental issues, from energy saving to reducing plastic waste.
By David Hall, Vice President Energy, UK and Ireland at Schneider Electric
The Solar Energy Corporation of India (SECI) has invited renewable energy companies to put forward bids to set up 1200 MW each of wind and solar power plants.
The Pakistan Government has announced that several fiscal and financial incentives have encouraged private investors to undertake 35 renewable energy power generation projects with an investment of over $3.5 billion.
The International Energy Agency (IEA) has published its World Energy Outlook (WEO) 2018, in which it said that the share of renewables in global power generation will increase to over 40 per cent by 2040 from the current 25 per cent.