A new financial product aimed at driving investment into energy-efficiency projects performed by Indian energy service companies (ESCOs) is being launched this week by the Industrial Development Bank of India (IDBI) and the World Resources Institute (WRI).
The market for clean energy products and services is increasing among India’s rural poor, and according to a new analysis, could potentially grow to more than USD 2 billion per year.
Concentrating solar thermal (CST), a renewable energy technology that can provide electricity around-the-clock, has the potential to replace traditional fossil fuel-based power sources and become a central part of the U.S. power supply.
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