AsiaElec - Asia Power
The IFC has found that it broke its own environmental and social policies by backing coal projects in the Philippines.
The off-grid solar industry has posted slower than expected recovery from the COVID-19 pandemic in the second half of 2021, although some countries are showing limited growth, while others are showing signs of a healthy recovery.
Renewables are again set to break global records in 2022, with 320 GW of new capacity forecast to come online and new solar projects in China and Europe driving growth.
US-based investor Global Infrastructure Partners (GIP) will purchase 100% of wpd offshore GmbH, the offshore wind business of Germany’s wpd. The German company also says it will double its onshore wind and solar operations by 2045.