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India releases draft of Phase II of solar mission

The draft document of Phase 2 of India’s ambitious solar plan has been released by the Ministry of New and Renewable Energy. India’s Jawaharlal Nehru National Solar Mission seeks to establish India as a global leader in solar energy by creating policy conditions to support the spread of solar power projects in the country. The goal is to add 20 gigawatts of grid connected and 2 GW of off-grid solar capacity by 2022...

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Huge financing gap must be closed to promote clean technology – A.D.B.

Huge investment is crucial to spur the development and deployment of clean technology said the Asian Development Bank at the United Nations Climate Change Conference. Around $600 billion to $1.5 trillion will be needed yearly to support the transition of developing countries into low-carbon and climate-resilient economies, with $40 billion per year required for adaptation alone in Asia and the Pacific region,...

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I.E.A. notes South Korea’s low-carbon commitment

South Korea has a long-term commitment to “green growth” judging by its current policies and other efforts, the International Energy Agency said in its recent review of the country’s policies. A key government goal is to slash carbon emissions by 30 percent by 2020 from its business as usual case. The South Korean government has also established an 11 percent renewable energy goal in its total primary energy supply by 2030, identifying some key technologies such as solar thermal...

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Indian renewable energy sector to create 2.4 million jobs by 2020 - report

India’s renewable energy sector create up to 2.4 million jobs by 2020, according to a report jointly commissioned by environmental group Greenpeace, the Global Wind Energy Council and the European Renewable Energy Council. To date, the sector employs 200,000 people, but this could jump 14 times by 2030 with the right policies and investments in place, stated India Energy [R]evolution report. By 2050, about 92 percent...

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Asian cities get ‘high-risk’ tag for business due to climate change

International companies investing in Asian economies will be exposed to environmental risks over the next decades, according to global risks analyst Maplecroft. In its latest Climate Change Vulnerability Index, risk analyst Maplecroft identified several cities in Asia that face “extreme risk.” These are Manila, Philippines; Bangkok, Thailand; Yangon, Myanmar; Jakarta, Indonesia; Ho Chi Minh City, Vietnam; and Kolkata, India. ..

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China faces problems despite being world’s largest energy producer

China is now the world’s largest energy producer, generating 90 percent of energy it consumes. But a white paper released by China’s State Council, which outlines the country’s energy development plans, acknowledges key issues that need to be resolved. Last year, China’s primary energy production reached 3.18 billion tons of coal, ranking first worldwide. Raw coal reached 3.52 billion tons, crude oil, 200 million tons; and refined oil products, 270 million tons.

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Taiwan’s Penghu county and Britain’s Cornwall Council sign ‘green’ pact

Taiwan’s Penghu county government and the Cornwall Council in England signed an agreement to promote and develop smart grids, renewable energy sources and other related technologies. The agreement, called a “Protocol of Cooperation” between the two local county authorities within their respective countries, calls on the two regions to work closely in developing decarbonizing efforts. These include improvements...

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LanzaTech and Petronas partner to turn carbon dioxide into ‘green’ chemicals

LanzaTech, a New Zealand-based low-carbon fuels producer, and Petronas, Malaysia’s national oil company, have teamed up to accelerate the development and commercialization of technologies for making sustainable chemicals from carbon dioxide and natural gas. The deal will allow LanzaTech to turn Petronas’ petroleum waste into high-value chemicals using gas fermentation technology. This process primarily converts...

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U.N. supports Afghanistan’s battle against climate change impacts

The United Nations and the government of Afghanistan will create a $6 million climate change fund which will address communities’ vulnerability to the effects of climate change. Specifically, the fund will support a number of interventions like improved water management and use efficiency; community-based watershed management; climate-related research and early warning systems; improved food security;...

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Iraq to build solar and wind energy in response to power shortages

Oil-rich Iraq plans to spend as much as $1.6 billion on solar and wind energy projects over the next three years to address the country’s power shortage. According to Reuters, Iraq’s Ministry of Electricity has allocated an initial $200 million from next year’s budget to add 50 megawatts to the country’s power grid next year. Iraq has also sent invitations to 25 companies to build solar and wind power plants...

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