Tag: Halt
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Federal Budget Cuts Halt Solar Heating Technology Initiative
A project to capture solar heat for industrial use — with potential spinoffs in other energy areas, including nuclear power — has been canceled by the U.S. Department of Energy on the cusp of its final phase. The University of California, Davis, received a letter from the federal agency stating that the work “does not…
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MNRE Rejects Advisory to Halt Clean Energy Financing
The Ministry of New and Renewable Energy (MNRE) has categorically denied asking lenders to slow down or stop funding renewable energy projects, countering media reports about a supposed pause in financing due to oversupply risks. The reports had surfaced following an office memorandum dated November 28 from MNRE that called for Prudence in Lending for…
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MNRE Clarifies No Halt on Renewable Finance: Rediff Moneynews
MNRE clarifies it hasn’t advised financial institutions to halt lending to renewable energy projects or manufacturing. New Delhi, Dec 7 (PTI) The Ministry of New & Renewable Energy on Sunday clarified that it has not issued any advisory to financial institutions to stop lending to renewable energy projects or to RE equipment manufacturing facilities. This…
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EU and G7 Consider Complete Maritime Ban to Halt Russian Oil Revenues
The world’s richest democracies are weighing their toughest move against Moscow’s oil trade. G7 nations and the European Union are discussing a full ban on maritime services for Russian crude — a step that would choke off the Western ships and insurers still moving a large share of Russia’s exports, six sources told Reuters. The…