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The Asian Development Bank (ADB) mobilized a $135-million climate financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.
New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. China, both the world’s largest CO 2 emitter and largest market for clean energy production and consumption, played a crucial role in the story. billion and $2.7
Clean power generation and electric transport are seeing heavy inflows, but need to see further increases in spending as costs fall. Highlights of the renewables investment total included a leap of 56% in financings of offshore wind projects to $50 billion, including the largest deal ever in that sub-sector—$8.3
The two companies plan to also push battery-as-a-service and EV financing forward. Down in Southeast Asia, the duo are partnering to offer more electric cars as rentals. But that’s not all! Although operational costs of […].
People march, sign petitions, meet with their elected officials, plant trees, clean up their towns and roads. It means delivering climate justice to countries on the frontline of climate chaos, and swiftly mobilising the finance and support countries need to act on climate, protect nature and promote sustainable development.
Local environmental advocates demand a clean-energy supply too. The clean rooms and their closely guarded intellectual property were off limits, but a 1-kilometer walk-through showcased the facilities that surround and support the wafer-processing action. Cycling the pumps rather than running them nonstop saves 13.4
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