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Hydropower Plant
Kyrgyzstan and World Bank Agree to Develop Financial Model of Cooperation for Construction of Kambar-Ata-1 HPP
Chairman of the Cabinet of Ministers Akylbek Japarov and World Bank Group leadership agreed to develop a financial model of cooperation for construction of Kamb…
Hydropower Plant
World Bank Approves $1 Billion Loan for Dasu Hydropower Project
Pakistan received a much-needed boost for its energy sector as the World Bank approved a $1 billion loan for the 2,160-megawatt Dasu Hydropower Project. This cr…
Offshore Wind Power
Iberdrola, World Bank Eyeing Offshore Wind, Green Hydrogen Projects in Emerging Markets
Iberdrola and the World Bank, through its private sector investment arm, the International Finance Corporation (IFC), have signed a €300 million loan agree…
Renewable Energy
IEA Working to Cut Renewable Energy Costs in Developing World
A view of the logo of the International Energy Agency in Paris, France, December 15, 2023. REUTERS/Sarah Meyssonnier/File Photo Acquire Licensing RightsThe Inte…
Renewable Energy
World Bank to Provide $750 Mln for Clean Energy Projects in Nigeria
A participant stands near a logo of World Bank at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 201…
Geothermal Drilling
MIGA World Bank Increases Insurance Coverage for Tulu Moye Geothermal, Ethiopia
Drilling rig on site of the Tulu Moye geothermal project, Ethiopia (source: Reykjavik Geothermal)The Multilateral Investment Guarantee Agency of the World Bank …
Power Construction
World Bank Approves $1 Bln Loan to Help South Africa Tackle Power Crisis
The World Bank said on Wednesday that its board had approved a $1 billion loan to help South Africa reform its energy sector, as the country tries to overcome r…
Energy Saving
World Bank Provides $46.25 Million for Uzbekistan's Clean Energy Transition, Energy Efficiency
During the 2023 World Bank Group and International Monetary Fund Annual Meetings in Marrakech, Morocco, the government of Uzbekistan and the World Bank signed a…
Power Construction
South Africa May Get $1 Billion Loan From World Bank to Tackle Power Crisis
A child collecting chunks of coal looks on at a colliery while smoke rises from the Duvha coal-based power station owned by state power utility Eskom, in Emalah…
Solar Power Plant
IFC Loans Morocco's OCP $106 Mln to Build Two Solar Power Plants
Morocco's state-owned phosphates and fertiliser producer OCP said on Tuesday it had signed an agreement with the International Finance Corporation (IFC), th…
Hydropower Plant
MIGA Set to Help Boosts Mexico's Hydropower Capacity With Guarantee
The Multilateral Investment Guarantee Agency of the World Bank (MIGA) has issued a guarantee aimed at enhancing Mexico's hydropower capacity. The guarantee …
Wind Farm
Sri Lanka Offshore Wind Roadmap Launched, Two Sites Identified for First Project(s)
The World Bank Group has published the Offshore Wind Roadmap for Sri Lanka, commissioned by the Government of Sri Lanka and funded by the World Bank Energy Sect…
Microgrid
World Bank to Aid in the Construction of 1,000 Minigrids in Rural Nigeria
The World Bank continues to show its commitment to expanding rural electrification across Nigeria. Ajay Banga, World Bank president, recently revealed that the …
Solar Panel
World Bank to Help Fund 1,000 Mini Solar Power Grids in Nigeria
A technician works on solar power panels at the Atlantic Shrimpers farm in Badagry, Lagos, Nigeria July 5, 2022. REUTERS/Temilade Adelaja/File PhotoThe World Ba…
Hydropower Plant
World Bank Loans $200 Million to Increase Renewable Energy in Himachal Pradesh
The World Bank’s Board of Executive Directors has approved a $200 million loan to the Government of Himachal Pradesh, India, to facilitate power sector re…
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