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IFC directs $1.8m in funding for large-scale solar in the DRC

A large-scale solar plant is being developed to help the DRC accelerate electrification as well as decarbonise its energy sector.

EPRI, WEF and Accenture to accelerate net zero industrial clusters

The WEF, Accenture and EPRI have launched the Transitioning Industrial Clusters Towards Net Zero initiative at COP26.

India and UK launch transnational network of solar power grids

The Green Grids Initiative has been launched to accelerate the construction of the new infrastructure needed for a world powered by clean energy.

Historic alliance launches at COP26 to tackle power, climate and jobs

The Global Energy Alliance for People and Planet will accelerate investment in green energy transitions and renewable power solutions in emerging economies.

World Bank finances Belarusian CHP

The World Bank has approved a $90m loan to support an energy efficiency project in Belarus, with cogeneration at its core.

World Bank steps into IPP row

Disagreements between Pakistan and independent power producers have escalated over the past few months. The issue over tariffs has been complicated by allegations of corruption, and now the World Bank has stepped in to try and salvage what it can from the country`s pioneering private investment programme.

World Bank supports rural electrification

The World Bank has launched a rural electrification programme in Africa, selecting Uganda to launch the initiative. The objective of the programme is to boost rural access to electricity from one to ten per cent by the year 2010.

World Bank ‘misguided’ on decision not to bankroll coal

The head of the IEA Clean Coal Centre says moves by the World Bank and other institutions to end investment in coal-fired power plants would be â€Ëœmisguided.'

World Bank aids energy access in Bangladesh

The government of Bangladesh has signed a $185m financing agreement with the World Bank to add approximately 310 MW of renewable energy generation capacity.

World Bank loan to Bangladesh for rural electrification

The government of Bangladesh and the World Bank (WB) signed two agreements in the city yesterday for implementation of the rural electrification and renewable energy development project, says a press release.