$5bn, JBIC Japan provides lending for Cleantech, Water, Smartgrid export
Post date: Sep 07, 2010 11:14:47 AM
JAPAN $5bn
clean-energy
smart grid
water-supply
export environmental technologies
for clean-energy and water-supply projects
abroad to help Japanese companies market
their environmental technologies.
Smart electricity grids export
Japan is counting on exports of technologies such as smart electricity grids, water-supply systems and power generators requiring less coal to spur growth as demand weakens at home.
$400bn/y for next 2 decades
The International Energy Agency estimates the world must boost spending on energy efficiency and clean technology by $400 billion a year in the next two decades to tackle global warming.
India Inonesia
“The world needs a vast amount of money to invest in infrastructure and fuel-saving power plants and other energy projects, in particular in developing nations like India and Indonesia,”
India-U.S. Partnership clean energy R&D
India has allied with the U.S. Department of Energy to provide funding to local developers of clean energy projects. The Indo-U.S. Joint Clean Energy Research and Development Center, set up by the two governments, ran an advertisement in the Times of India newspaper on Sept. 6 seeking applicants. Initial priority areas are solar, advanced biofuels and energy efficiency of buildings, the ad said.
source: bloomberg.com