World Bank to Invest $1 Billion Towards Battery Storage to Promote Renewables Globally

World Bank to Invest $1 Billion Towards Battery Storage to Promote Renewables Globally

The World Bank Group has committed $1 billion for a new global program to accelerate investment in battery storage for energy systems in developing and middle-income countries. The program is ...
IFC to Invest $8 Million in Lithium Urban Technologies

IFC to Invest $8 Million in Lithium Urban Technologies

The International Finance Corporation (IFC), a member of the World Bank Group, plans to invest $8 million in Lithium Urban Technologies Private Limited, a corporate employee transportation (CET) aggregator in ...
SgurrEnergy India On Track to Surpass 15 GW of Solar Project Consulting in 2018

SgurrEnergy India On Track to Surpass 15 GW of Solar Project Consulting in 2018

Solar energy consultancy SgurrEnergy India is celebrating 10 years of delivering engineering and consultancy services to solar projects in India. The company has over 100 customers and is involved in ...
/ / Markets & Policy, Solar
Fund for Off-grid Solar in Kenya

World Bank Approves $150 Million Fund for Off-grid Solar in Kenya

The World Bank approved an International Development Association (IDA) fund of $150 million for Kenya. The fund will be utilized to help communities in Kenya gain access to modern energy ...
/ / Finance and M&A, Solar
Month in a Minute India Solar Update July

Important Data Points and Headlines from the Indian Renewable Energy Sector in July 2017

Several hydropower projects in India are witnessing significant overruns in both time and costs. Only 28 percent of the total hydropower potential in India - out of 148 GW has been developed ...
/ / Other, Renewable Energy
IFC Invest

IFC Invests $103 Million in L&T Infrastructure Finance

The IFC, a member of the World Bank Group, has invested $103 million in L&T Infrastructure Finance Company, a wholly-owned subsidiary of L&T Finance Holdings, by subscribing to the first ...
/ / Finance and M&A, Other