Microsoft founder Bill Gates, Mark Zuckerberg of Facebook and a Saudi Arabian prince are among the names signed up to support the Breakthrough Energy Coalition, an initiative launched as COP21 climate talks begin today in Paris.
A trade association representing some of Germany’s energy storage industry has welcomed the renewal of a support scheme for batteries, but says that establishing “fair market conditions” for storage would be more important.
Indian prime minister and French president Francois Hollande will jointly launch the International Solar Alliance (ISA) at the COP21 climate conference in Paris today.
Many solar developers who were allocated capacity in the Indian state of Telangana’s 2GW solar auction are facing severe delays in the signing of agreements with the state’s government.
India’s central government aims to introduce a US$1 billion private equity fund dedicated to the renewable energy sector, according to India’s energy minister Piyush Goyal.
The Inter-American Development Bank (IDB) has approved US$450 million of financing to initiate an Energy Efficiency Green Bond Facility in the Latin America region.
India as a nation is set to contribute more than any other country to the rise in global energy demand over the next 25 years to meet rising incomes and population, however, its energy demand per capita will still be 40% lower than the global average, according to a report from the International Energy Agency (IEA).
