The World Bank

The World Bank

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The World Bank
10 Nov 2021

Nigeria: Solar Hybrid Minigrids in 6 Communities More Than 500 by 2026

In Nasarawa, the newly launched minigrids will provide clean, reliable and affordable electricity to about 5,000 households and 500 businesses in Doma and Lafia Local Government Areas. The six communities accessing electricity for the first time are Rukubi, Idadu and Igbabo in Doma LGA, and Kiguna, Akura, and Gidan Buba in Lafia LGA.
27 Oct 2021

Singapore Will Import up to 4GW of Electricity by 2035

Sun Cable welcomes the Singapore Government's announcement today that it will import up to 4GW of electricity by 2035 and will run a competitive market process. This is a strong commitment to reduce emissions and achieve an energy transition that meets Singapore's economic and sustainability goals.
9 Nov 2020

Ryse Energy Moves to Masdar City

Ryse Energy has moved to Masdar City, Abu Dhabi, to expand into new markets and capture the multi-billion dollar market opportunities represented in the off-grid energy space across the globe.
29 Oct 2020

Rockefeller Foundation USD1 Billion to Green Recovery from Pandemic

The Rockefeller Foundation will commit USD1 billion over the next three years to catalyze a more inclusive, green recovery from the Covid-19 pandemic. The Foundation will focus on two key areas: catalyzing billions of dollars in private and concessional investments to scale distributed renewable energy across developing countries; and ensuring more equitable access to Covid-19 tests and vaccines, science-based tools, and data to fight the pandemic, while strengthening public health systems to prevent future outbreaks.
22 Oct 2020

Citroën, Accor, JCDecaux: Imagining Autonomous Urban Mobility's Future

Citroën, Accor and JCDecaux, three French-based companies of international reputation and that all play an important role in the daily lives of city dwellers around the world, have joined forces within The Urban Collëctif to share their vision of urban mobility.
10 Mar 2020

Funding for Renewable Energy for Lesotho

Thousands of Basotho living in rural and peri-urban areas will have better access to reliable and affordable electricity as a result of $40 million in new financing from the International Development Association and an additional $12.9 million from the Scaling Up Renewable Energy Program for the country's energy sector.
12 Dec 2019

Nigeria Electrification Project Commissions First Solar Mini-Grid

The project was the first to be implemented under the World Bank supported Nigeria Electrification Project. Through the project's mini grids component, it aims to provide clean, safe, reliable and affordable electricity to 300,000 homes and 30,000 local businesses in the country.
6 Sep 2019

60% of Papua New Guinea using off-grid solar

A study by the International Finance Corporation says PNG has one of the highest rates of use of off-grid solar lighting in the developing world.
6 Jun 2019

Increasing the use of energy storage in developing countries

A new international partnership has been established to help expand the deployment of energy storage and bring new technologies to developing countries' power systems. The Energy Storage Partnership comprises the World Bank Group and 29 organizations working together to help develop energy storage solutions tailored to the needs of developing countries.
30 Apr 2019

$224 million from World Bank for off-grid electrification in Africa

The Board of the World Bank Group approved the Regional Off-Grid Electrification Project (ROGEP) to expand off-grid access to electricity for populations in 19 countries in West Africa and the Sahel region, including Benin, Burkina Faso, Cabo Verde, Cameroon, Central African Republic, Chad, Cote d'Ivoire, The Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Mauritania, Niger, Nigeria, Senegal, Sierra Leone and Togo.
14 Aug 2018

First full electric mobility company in Nairobi

The first ever full electric mobility service in East Africa. The launch signals the first time electric rides are available in East Africa for commercial use.
2 Aug 2018

Lead acid battery alternatives set to become big business

Cleantech Hub reports that a mere 13% of lead acid batteries are recycled in Nigeria. Yet there is a mini-grid revolution about to take off in Nigeria, such as the World Bank and the Rural Electrification Agency $350 million project as well as other investments into the sector, driving more batteries.
11 Jun 2018

Electricity Generation Turns to the Ocean

It is a matter of survival now. Neglect of global warming is causing rising sea levels that will soon flood an increasingly large number of cities, that and the melting icecaps making more of the fresh water in the world salty, so desalination is a market doubling every ten years.
31 May 2018

World Bank $200 million to 19 West African countries off-grid power

The beneficiary countries of the project are Mauritania, Chad, Central African Republic, Cameroon, Benin, Burkina Faso, Cape Verde, Côte d'Ivoire, The Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone and Togo.
11 May 2018

Off-grid solar market returns to robust growth

The off-grid solar sector has returned to robust growth, reversing a brief dip in sales that was mostly due to localized shocks, according to a new report released by the World Bank Group's Lighting Global program and the Global Off-Grid Lighting Association.
17 Apr 2018

$55 million to expand use of renewable energy in Bangladesh

The World Bank has approved $55 million to expand use of clean renewable energy in rural areas of Bangladesh where grid electricity cannot reach easily.
22 Feb 2016

Are petrol prices affecting the electrification of industrial vehicles

Are petrol prices affecting the electrification of industrial electric vehicles? IDTechEx says the best is yet to come! This article aims to provide a guide on how the new dynamics of petrol prices is affecting electric vehicles in general and industrial electric vehicles specifically.
20 Sep 2015

Outlook on fuel cell technologies for automotive applications

Being the automotive sector a trillion dollar market and given the existence of multiple low carbon powertrain technologies and sunk investments in specific powertrains technologies, the possibility of "betting on the wrong horse" makes the transition to low carbon vehicles a very risky process for incumbent automotive companies (global automotive manufacturers and their tier one suppliers). Through these technology developments these incumbent companies are primarily trying to maintain or increase their captured added value of the automotive value chain and their global sales market share. For new entrants with no existing interests, the risks are lower given they are not compelled to capture most of the value of the powertrain technology, giving them the possibility of sharing it with other parts of the value chain (suppliers, technology developers etc.)
21 Jul 2015

IRENA roadmap to 27% renewable

In June 2014, the International Renewable Energy Agency (IRENA) launched a global renewable energy roadmap called REmap 2030.
9 Apr 2014

IFC backs Ioxus for Series C funding

Ioxus, a manufacturer of premium performance ultracapacitor technology for use in transportation, industrial and energy applications, today announced the completion of its series C funding with receipt of $21 million from investors.