New Delhi: The International Solar Alliance ( ISA ) has ranked India as an "Achiever" among its 80 member countries along with Brazil, Saudi Arabia and the United Arab Emirates (UAE) in its latest Ease of Doing Solar (EoDS) report. Achiever countries are those with most favourable technical and commercial conditions for solar and perceived as most attractive for investments in solar. The report groups the countries in four segments -- Achiever, Influencer, Progressive and Potential. "Owing to strong potential, robust sustainability targets, high solar irradiation and developing power infrastructure, India has emerged as a leading performer among the ISA member countries along with Brazil, Saudi Arabia and UAE," the report said. It states that there has been growing lender interest in renewable energy (RE) in India and 60 RE projects drew financing of over $2.5 billion in 2017, around 60 per cent of which came from non-banking financial institutions. "India's … [Read more...] about India an achiever in solar power growth among 80 member countries: ISA
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China sees acceleration in work resumption after Spring Festival holiday
Video Player Close -- To prevent the sporadic resurgence of COVID-19, China encouraged people to stay put over the holiday this year, which lasted from Feb. 11 to 17. Thanks to the stay-put measure, many enterprises were able to continue holiday production or resume production quickly after the holiday break. -- Apart from boisterous production activities, construction of new projects continued or started during the holiday across the country, injecting new impetus to China's economy. By Xinhua Writers Liu Fangqiang, Li Hua, Wang Hao HEFEI/XI'AN/TAIYUAN, Feb. 24 (Xinhua) -- Moving back and forth on an automobile assembly line, Zhang Tianshun was conducting function tests for vehicles before they roll off the production line. "My job is to check the functionality of seven parts of the car, including four windows, front and rear wipers and the sunroof. It takes two minutes to test a car for my part, and I need to handle about 200 cars per day. It's even busier than … [Read more...] about China sees acceleration in work resumption after Spring Festival holiday
New World Bank Director ‘Committed to Reducing Poverty’
February 27, 2014 08:24 New World Bank director So Jae-hyang says she is committed to achieving the lender's goal of reducing poverty around the world. So, who became the highest-ranking Korean at the World Bank earlier this month, said she is pleased that her "passion and diligence," which she claimed are trademark characteristics of Korean workers, were recognized by the bank. The bank's president Jim Yong Kim is also an ethnic Korean, and it currently has about 50 employees of Korean descent. "I will try my best to assist Kim's goal of reducing the proportion of people living in abject poverty around the world to three percent by 2030," she said. Earlier this month, So was appointed director of Concessional Finance and Global Partnerships, in charge of handling loans to developing countries. So was born in Seoul and moved to Saudi Arabia as a child when her father, a civil servant, got a job at the UN Development Programme. She moved to the U.S. as a teenager … [Read more...] about New World Bank Director ‘Committed to Reducing Poverty’