Latest news
World Bank to limit financing coal- fired power plants in the future
The World Bank has announced it will help countries to seek alternatives to coal power and will stop funding for new coal power generation projects. Jim Yong Kim, the President of the World Bank has always stressed the need to mitigate the impacts of climate change, making it a main concern for the Bank itself and for its five main organizations which are offering loans and grants to poor and emergent countries worldwide.
read more... 23/07/2013
Norway to nearly double carbon tax on offshore oil industry
Norway envisages doubling carbon tax on its North Sea offshore petroleum industry, boosting its funding for the prevention of deforestation in developing countries and launching a new climate and energy fund of £1bn, according to its draft 2013 budget.
read more... 12/10/2012
Italy: New “Conto Energia V” will come into force by the end of August
The fifth feed-in tariff, the new rules for Italian subventions system for photovoltaics, will come into force starting from the 27 of August and represents an amendment to the currently applicable “Conto Energia IV”. The move is a result of the Italian €6 billion photovoltaic feed-in tariff funding limit, reached on July 12.
read more... 20/07/2012
National Grid and Petrofac to build a £1bn carbon capture and storage plant in UK
The British energy network National Grid and oil Services Company Petrofac have entered in an agreement with Summit Power Group, a Seattle-based developer of low-carbon electric power projects to seek funding for the development of a carbon capture and storage (CCS) project in the United Kingdom.
read more... 21/03/2012
SunShot Initiative: Rooftop Solar Challenge
Recently, the U.S. Department of Energy announced the USD 12 million in funding for the awardees of the Rooftop Solar Challenge as part of SunShot Initiative which is a collaborative national effort to make solar power more accessible and affordable for power consumers, at the same time saving money and time for local governments which are facing tight budgets.
read more... 08/12/2011