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Wednesday, July 29, 2009

World Bank to Fund Its First Smart Grid Project in Turkey

The World Bank, which is providing billions of dollars for clean power and energy efficiency projects in developing countries, plans to fund its first smart grid project in Turkey, according to the World Bank’s vice president for Sustainable Development, Kathy Sierra. Sierra made the comments Tuesday during a Q&A session before the Commonwealth Club in downtown San Francisco, where she largely focused on the World Bank’s strategy and goals for investing in clean technology in developing regions.

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