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India’s first green township to rise in Bangalore
India is developing its first “green township” in Electronic City in Bangalore. Being developed by Patel Realty India Ltd., an infrastructure developer, Neotown, spread across 120 acres, features an integrated rainwater harvesting system, a sewage treatment plant, solid waste management, solar water heating, an in-house nursery and long-term tree planning. Read more…
Image credits: Wikimedia Commons
JinkoSolar gets $1 billion in financing to expand European operations
The China Development Bank is going to be financing the activities of JinkoSolar Holding Co. to the tune of up to $1 billion for a five-year period. JinkoSolar, a manufacturer and distributor of solar photovoltaic products based in China, announced that its Swiss subsidiary JinkoSolar (Switzerland) AG has entered a strategic cooperation agreement with the Guangdong Branch of China Development Bank. Read more…
Malaysia: On its way to clean technology
Malaysian Prime Minister Najib Razak recently highlighted the country’s accomplishments and activities in the low-carbon sector, saying they are on the way to developing clean technology. Read more…
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. Read more…
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. Read more…
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. Read more…
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. Read more…
Pressure to develop more sustainable transportation sector growing in Asia
There is a growing need for Asia to scale up its development of a sustainable transport system in order to resolve pressing road problems, such as congestion and pollution, with their resulting economic impacts, an Asian Development Bank transport forum observed. Booming cities and rising incomes are said to be fueling a dramatic surge in vehicle fleets across the region. Read more…
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. Read more…
Solar energy and the future of Bangladesh
The energy gap is one of the largest bottlenecks for economic growth in Bangladesh. Studies indicate that the country loses at least 3.5 percent of its gross domestic product as a result of power shortages. The energy infrastructure in Bangladesh is quite small and insufficient to support the nation’s power demand. Thus the country has one of the lowest energy consumption rates per capita in the world. Read more…
