Energy Bangla

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Dhaka Tuesday,  Mar 19, 2024

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Why Buffett Bet A Billion On Solar

Miles Per Acre Per Year

During the late innings of the ICE-age (as in the Internal Combustion Engine age) it has become clear that feeding gasoline and diesel to the next billion new cars is not going to be easy, or cheap. In China alone, 500 million new vehicles can be expected to jam the roads between now and 2030. That may sound far-fetched but considering annual sales have already made it to 25 million... »
Climate justice advocates today expressed their support for the African Group proposal to advance energy transformation in developing countries even before the new climate deal is expected to take effect in 2020. In their press conference held today in the midst of the UN climate talks, the advocates said that the collective proposal of the 54 African countries is appealing because it can truly change the dynamics of the climate... »
The state-owned Infrastructure Development Company Limited, or IDCOL’s countrywide solar home system (SHS), which obtained recognition as the world’s single largest renewable energy program for benefiting the highest number of people, is coming across obstacles in its expansion. “The SHS is experiencing impediments mainly from local influential quarters, who install the system, but simply want to believe it is a government-sponsored program that does not need to be paid for.... »
NEW DELHI: Rooftop projects will help the Centre realise its ambitious target of adding 100 gigawatts (GW) of solar power by 2022 even as the green energy has its own challenges, say industry experts. Solar power producers are of the view that the concept of rooftop solar solutions for households is a step in the right direction but will yield results only in due course of time. “Rooftop solar makes... »
A recent decision by the government to allocate funds for renewable energy is indeed an excellent and very rational one for which it deserves appreciation from us. As reported in the media, the fund which was initially meant for some other purposes, will be diverted for financing solar energy, bio-gas and effluent treatment plants. This is the right way for the country to accelerate the progress towards providing energy (electricity),... »
Frankfurt / Nairobi, 31 March, 2015 — Global investments in renewable energy rebounded strongly last year, registering a solid 17% increase after two years of declines and brushing aside the challenge from sharply lower crude oil prices. Major expansion of solar installations in China and Japan and record investments in offshore wind projects in Europe helped propel global 2014 investments to $270 billion, a 17% surge from the 2013 figure... »
Infrastructure Development Company Limited (IDCOL), a government owned non-bank financial institution and country’s pioneer in off-grid renewable energy financing, receives the first ever CDM fund in Bangladesh under the United Nations Framework Convention on Climate Change (UNFCC). Recently, UNFCCC have issued 18,373 Certified Emission Reductions (CER) for IDCOL Solar Home System (SHS) Program under an Emission Reduction Purchase Agreement signed by IDCOL with the World Bank (acting as the Trustee... »
There is no power in the village, but an initiative by a farmers’ cooperative has boosted their hopes of bumper crop yields in the vicinity. Two solar pumps have put smiles on growers’ faces as they can now irrigate paddy fields at much lower costs. The pumps, first of their kind in Jhenidah, have been collected by local NGO Action in Development (AID) as a donation from Infrastructure Development Company... »
A solar-powered Swiss airplane has landed in Oman after completing the first leg of its around-the-world journey without any fuel. The plane touched down Monday in Muscat, about 10 hours after it took off from Abu Dhabi. The carbon fiber single-seater Solar Impulse 2 aircraft has a 72-meter wingspan, which is longer than the wingspan of a Boeing 747, and weighs about as much as a car. The 17,000 solar... »
The government has made a commitment to invest around US$100 million in promoting clean-cooking stove to check women’s health hazard and protect environment with support from local and foreign development partners. The investment will involve formulation of a policy-guideline to promote improved cooking stoves, known as “Bondhu Chula,” popularize the use of bio-gas and bio-mass known as three popular clean cooking solutions that are currently used in some parts of... »