Mongolia secures $54m for power grid upgrades

A new project to improve the reliability and sustainability of electricity services in Mongolia has been approved. The World Bank’s Second Energy Sector Project will provide $54.4 million (£42.5m) to address bottlenecks in the Central Asian nation’s power grid by upgrading ageing assets and expanding distribution capacity. Obsolete and inefficient distribution networks have led to significant distribution losses of […]

New deal to see Mongolian buildings go sustainable

A deal has been signed to encourage, promote and develop green buildings in Mongolia. IFC, a member of the World Bank Group, has signed a Memorandum of Understanding with the Ministry of Construction and Urban Development (MCUD) to jointly develop mandatory regulations and voluntary policies for this purpose. The partners will also generate awareness and […]

Could Mongolia potentially export green energy?

Mongolia has vast renewable resources for electricity production which could potentially be exported. That’s according to a report by the International Renewable Energy Agency (IRENA) and the Ministry of Energy which found that the electricity output from the country’s solar and wind resources alone could reach 15,000 terawatt-hours (TWh) per year. That’s equivalent to avoiding more than 18 […]

Mongolia opens eco-friendly cement plant

A cement plant which will use environmentally friendly technologies has been opened in Mongolia. The Senj Sant facility will use a waste heat recovery power plant, which will help save energy and water. It will produce one million tonnes of cement. The European Bank for Reconstruction and Development (EBRD) invested $85 million (£54.4m) in the project. It is […]

Mongolia must integrate water into energy development plans – ADB

Mongolia is being urged to take steps to include water resource considerations when planning energy and mining developments. According to the Asian Development Bank (ADB), the agriculture sector in Mongolia was the dominant consumer of water but it is “quickly changing” due to the rapid development of the mining industry and growing energy demand. Its […]

Mongolia’s wind project bags US Treasury award

A renewable energy project in Mongolia has won a prestigious US Treasury gong. The 50MW Salkhit wind farm – which supplies nearly 5% of the nation’s electricity needs – was one of the six projects chosen for the Development Impact Honors award. Due to Mongolia’s heavy reliance on coal-fired power plants, its capital Ulaanbaatar is […]

Taiwan and Mongolia sign renewable energy deal

Taiwan and Mongolia have signed an agreement to collaborate in the field of renewable energy generation. Under the Memorandum of Understanding, the two nations will initially work on solar PV, wind power, energy audits and energy efficiency management. The agreement is expected to help Taiwan’s renewable energy businesses “obtain sites that satisfy the international standards […]

US energy firm to explore oil shale potential in Mongolia

A subsidiary of a US energy firm has signed a five-year deal with the Mongolian Government to explore and evaluate the commercial potential of oil shale resources in the country. As part of the agreement with the Petroleum Authority of Mongolia (PAM), Genie Oil Shale Mongolia (Genie Mongolia) will identify the oil shale resource on […]

Switzerland tops world energy sustainability rankings

Switzerland has topped a global sustainability ranking released by the World Energy Council and management consultancy Oliver Wyman yesterday. The index used data from the WEC’s 92 member countries to sort countries by how sustainable their energy use is. Hot on the heels of the neutral nation was Sweden, followed by EU-heavyweights France and Germany. […]