World Bank
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News and Notes
World Bank Approves $1B Loan to Advance South Africa’s Power Sector Reforms
The World Bank on Oct. 25 granted South Africa a $1 billion developmental policy loan (DPL) as a significant measure to help the country address its debilitating energy crisis, and encourage it to transition
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Renewables
World Bank Group Financing West Africa Power Project
An agency associated with the World Bank will finance installation of solar and hydropower systems, and support related transmission and distribution infrastructure, to provide more electricity to areas of West Africa. The World Bank Group’s International Development Association (IDA) is investing $311 million into the Regional Emergency Solar Power Intervention Project (RESPITE), an initiative designed […]
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News
Algeria Targets Renewables to Diversify Generation
Algeria, like other countries that are members of the Organization of the Petroleum Exporting Countries (OPEC), wants to diversify its electricity production, and is looking to solar power for the bulk of its
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News
Q&A With Geothermal Experts
Geothermal energy has been around forever, used as a heating source across the world. Today it has surfaced as another renewable resource, with advancements in drilling technology bringing down costs and opening new areas to development. In conjunction with the feature article on geothermal in the May 2019 issue of POWER, we sought opinions from […]
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Legal & Regulatory
Power in Africa: Prospects for an Economic Foothold
To sustain unprecedented economic growth, lift hundreds of millions out of poverty, and attract investment, African countries are taking bold steps to expand electricity infrastructure. Are the continent’s
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Hydro
Cambodia’s Largest Hydropower Plant Begins Operation
The 338-MW Russey Chrum Krom hydropower plant in southwestern Koh Kong province, Cambodia, was inaugurated on Jan. 12. The Chinese-built project is the largest hydropower station located in the Southeast Asian
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Coal
Treasury Dept. Advises Development Banks Not to Fund New Coal Plants Without CCS
A revised technical guidance released by the U.S. Treasury Department on Tuesday to bolster a key facet of President Obama’s Climate Action Plan (CAP) declares an end to U.S. support for multilateral development bank (MDB) funding for new overseas coal projects except in “narrowly defined circumstances.” The updated guidance document is designed to be incorporated […]
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