South Africa gets $250mn loan for wind, solar power

South Africa signed a $250-million (183-million-euro) loan deal with the World Bank on Monday aimed at adding 200 Megawatts of solar and wind power to the coal-dependent country's grid.

World Bank musters $5.5 billion for solar projects

The World Bank announced Wednesday 5.5 billion dollars would be invested in solar energy projects in five countries of the Middle East and North Africa in a bid to combat climate change.

Morocco solar plant secures 300-mln-euro loan

Morocco's pioneering 160-megawatt solar power plant took a step forward on Monday, securing European financing agreements worth 300 million euros ($385 million), or nearly half of the project's cost.

Changing climate poses threat to power plants, US report says

Power plants across the country are at increased risk of temporary shutdown and reduced power generation as temperatures and sea levels continue to rise and water becomes less available, the Department of Energy said Thursday.

Japan's Mitsui in quake-zone solar plan: report

Japanese trading house Mitsui plans to build large-scale solar power plants with the capacity to supply 30,000 households in the tsunami-hit northeast, a newspaper reported Wednesday.

Replacing coal with natural gas would reduce warming: study

A debate has raged in the past couple of years as to whether natural gas is better or worse overall than coal and oil from a global warming perspective. The back- and-forth findings have been due to the timelines taken into ...

Alstom to build Israeli hydro power storage plant

French engineering group Alstom has won a contract worth 120 million euros ($163 million) to build Israel's first hydroelectric storage facility, the company said on Thursday.

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