Posts From King World News

Modi and Merkel vow trade talks and 2 billion green energy euros

By Andreas Rinke and Douglas Busvine NEW DELHI (Reuters) – India and Germany pledged on Monday to revive efforts to reach an Indo-European free trade pact after talks fell apart this year, and struck deals to promote clean energy and make it easier to do business. Although Chancellor Angela Merkel and Prime Minister Narendra Modi made no mention in conversations with journalists of resuming talks on a free trade agreement

Germany offers India $2.25 billion for solar, clean energy

NEW DELHI (Reuters) – German will provide India more than 2 billion euros ($2.25 billion) for developing a clean energy corridor and solar projects, Indian Prime Minister Narendra Modi said on Monday after talks with Chancellor Angela Merkel. Modi has made ambitious renewable energy targets a key part of his development agenda and climate change mitigation commitments ahead of a landmark international summit in Paris at the end of this

UAE says to invest $35 bln in clean energy by 2021

The gas-rich United Arab Emirates will invest $35 billion in clean energy by 2021 as it seeks to reduce its dependence on fossil fuels following crude’s global price slide, it said Sunday. “By 2021, our investments in nuclear and solar projects will reach $35 billion (31 billion euros),” Energy Minister Suhail al-Mazrouei said at an energy conference in Abu Dhabi. An international consortium led by Korea Electric Power Corp won