Georgia’s largest power plant to trade carbon credits

Finance from a London-based bank has helped Georgia’s largest hydro power plant sell carbon credits. The European Bank for Reconstruction and Development (EBRD) provided a total amount of $70 million since 1998 to upgrade all five units and increase the Enguri Hydro power plant’s operational capacity. The project is now registered under the Kyoto Protocols’ […]

India gets clean investment boost

India is to develop its first wind power project under the UN’s Clean Development Mechanism. The 1000MW project is to be developed across several states by EKI Energy Services Ltd, India’s first plc working in energy management. The CDM was launched as part of the Kyoto protocol to help fund projects in developing nations even […]