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World bank
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…
Microgrid
World Bank to Boost Nigeria's Electrification Project With $750M – Official
Minister in the Presidency responsible for Electricity Dr Kgosientsho Ramokgopa and German Vice Chancellor Robert Habeck have signed a joint declaration of inte…
Solar Technology
Ethiopian Government Secures Financing for Establishment of 20 Solar Minigrids
Ethiopian government secures financing from the World Bank for 20 solar minigrid projects. Distributed Electricity and Lighting in Ethiopia (ADELE) program will…
Carbon Emissions
World Bank: Carbon Pricing Revenues Near $100BN a Year
New report reveals how carbon taxes and emissions trading schemes are curbing emissions and generating valuable revenues for exchequersCarbon pricing mechanisms…
Geothermal Power Project
World Bank to Aid in Bulgaria Geothermal Development
The World Bank will be providing analytical and advisory support to the Ministry of Energy of Bulgaria to help the country capitalize on its geothermal resource…
Carbon Emissions
COP28 President-Designate Highlights Importance of Finance in Climate Action
At a panel discussion organized by the Rockefeller Foundation on the sidelines of the World Bank/IMF Spring Meetings, Dr. Sultan bin Ahmed Al Jaber, Minister of…
Wind Turbine
Vestas as Possible Investor in Wind Turbine Plants in Vietnam
European manufacturers are considering investing hundreds of millions of dollars in Vietnam to build wind turbine plants.According to the World Bank Group, Viet…
Distributed Generation
Decentralised Renewables Solutions Can Improve Healthcare Services for Almost 1 Billion People
Close to 1 billion people in low- and lower-middle income countries are served by healthcare facilities that lack a reliable electricity supply, according to a …
Power Construction
World Bank Approves $311M to Increase Grid-Connected Renewable Energy Capacity in West Africa
Existing and prospective electricity customers in Chad, Liberia, Sierra Leone, and Togo will benefit from the new Regional Emergency Solar Power Intervention Pr…
Renewable Energy
PropertyGuru Asia Real Estate Summit 2022 Calls For Responsible Innovation And Adaptive Reinvention
-- Sustainability advocates and diversity champions lead thought-provoking conversations on inclusivity and smart solutions-- Global experts and senior represen…
Hydrogen Project
World Bank Group Announces International Low-Carbon Hydrogen Partnership at COP27
The World Bank hydrogen partnership will foster capacity building and regulatory solutions, business models, and technologies toward the roll out of low-carbon …
GCC Economies Projected to Grow 6.9% in 2022, World Bank Says
Investing in green growth could drive regional GDP to $13tn by 2050, according to report.
Crude Oil
World Bank: Energy Prices Set to Decline in 2023 After Sharp Rise in 2022
The World Bank has predicted that energy prices will decline by 11% in 2023 after having surged 60% in the current year following the war in Ukraine.
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