Staff Reporter

Fund has capital of US$100 million.

Bandung 1955, the Non-Aligned Movement, Sukarno, Nehru, Tito, Nasser, etc. – like leaves from a sepia photo album faded as time moved on.  Yet in the interconnected global economy where international investments and financing routinely ignores borders, is there room to dust off the “South-South” paradigm for energy development?  Especially in a sector such as renewable energy where the challenge and risk profiles are similar along a “South-South” axis, there may yet be some juice left in that old model.

Offers Cuba lines of credit and its RE expertise.

China will build plant at Binh Thuan province.

Will have a total generating capacity of 4,000 MW.

Trade will involve 100 million metric tons of Russian oil. Consulting firm Wood Mackenzie said China and Russia have already reached an agreement for the supply of oil, coal and power and expects another deal in the next two years for the supply of natural gas.

Will investigate alleged US subsidies for renewable energy firms.China has launched an investigation into American government policy and subsidy support for renewable energy after the USA decided to probe the alleged dumping of Chinese-made solar panels in the USA.China's solar industry association earlier asked Beijing to launch an anti-dumping and subsidy probe into imports of U.S. polysilicon, the raw material used to make solar cells.The tit-for-tat investigations highlight rising trade tensions between China and the USA, with analysts warning of more protectionism amid weak global economic growth.A Chinese government announcement said the Ministry of Commerce has decided to initiate a trade barrier investigation into policy support and subsidies for the U.S. renewable energy sector.It said Chinese companies claim the U.S. policies are in effect a trade barrier against Chinese renewable energy exports to the USA. The Chinese RE companies argue that these US policies violated the US commitments under World Trade Organization rules.The US policies are also an unreasonable barrier and restriction on China's renewable energy industry, reducing the competitiveness of Chinese products in the USA.

Continues to restructure its loans.

The world can no longer afford to be intimidated by the magnitude of the climate crisis, nor into believing that we must choose between economic prosperity and environmental security. Climate change presents one of the greatest challenges in human history, one that transcends national boundaries, income, ideology, ethnicity. But these challenges should be viewed as economic opportunities.

It's cost-effective in remote areas.

Trade mission to visit the Philippines.

Some 800 MW of additional to come on stream by 2017.

Development sites identified in Aceh.

Both exploring greater opportunities for cooperation and collaboration. India and Chile have agreed to cooperate more in renewable energy following a meeting in the Chilean capital of Santiago between Chilean Energy Minister Jorge Bunster and Dr. Farooq Abdullah, Minister of New and Renewable Energy. Dr. Abdullah visited Chile along with a high-level delegation to explore greater opportunities for cooperation and collaboration between Indian and Chile. He said India plans to add over 30 GW of renewable energy to its energy mix in the next five years. He also focused on the success of India’s wind program and the significant cost reductions in solar energy achieved through the Jawaharlal Nehru National Solar Mission (JNNSM). Bunster said Chile is almost entirely dependent on imports for its energy needs and is extremely keen to diversify its energy mix by introducing a large component of renewables. Chile has considerable potential in wind, hydro, solar and geothermal energy. Bunster expressed his government's desire to set up a 50 MW Solar thermal generating capacity in the north of the country.

Tamil Nadu to provide an additional 700 MW.

Wants to encourage Malaysians to use public transport more.