New Ways to Finance Cities

The international community has ended the global housing conference in Quito with the ratification of common guidelines for sustainable urban development in the form of the “New Urban Agenda.” KfW attended many of the conference’s events and presented its activities in cities and worked with other attendees from around the …

Nepal, Bangladesh Agree to Build More Than 1,600 MW of Pumped-Storage Hydropower

The governments of Nepal and Bangladesh have signed an agreement to build two pumped-storage hydropower plants with a total capacity of more than 1,600 MW in Nepal, according to the Kathmandu Post. The agreement was signed Oct. 16 by Nepal Commerce Minister Romi Gauchan Thakali and Bangladesh Commerce Minister Tofail …

India Could Reclassify Hydropower as Renewable Energy

The National Democratic Alliance government of India will present legislation to the Cabinet to reclassify hydropower as a clean renewable energy source. Speaking at a conference to mark the construction of a new Ministry of Mines, Coal, Power, New and Renewable Energy (MNRE) headquarters building in New Delhi on Oct. …

World Energy Council Notes Key Role of Nuclear Power

Unexpectedly high growth in the renewable energy market, in terms of investment, new capacity and high growth rates in developing countries have contributed to a change in the energy landscape, the latest World Energy Resources report released by the World Energy Council (WEC) yesterday shows. However, it says nuclear energy …

NTPC To Complete 1 GW Solar Park In India By March 2018

India’s largest power generation company – government-owned NTPC – is on track to complete one of the largest solar power parks in the country. NTPC Limited is working on 1 GW solar power park at Ananthapur, Andhra Pradesh in southern India. The company has already allocated and commissioned 250 MW …

Bangalore’s Airport to Become a Leader in Solar Energy Production

Bangalore’s Kempegowda International Airport plans to become the largest solar-producing airport in India, aiming to generate 14.6 MW of solar power. The airport announced in December that it will source 40 percent of its electricity from solar energy, offsetting approximately 17,000 tons of carbon dioxide, or the equivalent of more …