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Greenko starts roadshows for up to $1 billion bond sale

By : Sustainability ..., Jul 18, 2019

Greenko Group, one of India’s largest renewable energy producers, has started meeting investors for a proposed dollar bond sale, which could see the company raise up to $1 billion, said two...

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First offshore wind ‘emerging markets’ land World Bank funds

By : Sustainability ..., Jul 17, 2019

Twelve countries are in line to be the first cohort of ‘emerging’ offshore wind markets to see backing under a $5m programme recently launched by the World Bank and International Finance...

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Greaves Cotton hikes stake in EVs maker Ampere Vehicles to 81.23%

By : Sustainability ..., Jul 16, 2019

Manufacturer of diesel engines, generators and pump sets, Greaves Cotton has increased its stake in Coimbatore-based electric vehicle (EV) manufacturer Ampere Vehicles from 67.34% to 81.23% by...

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Foreign investors pumped $1.02 bn equity in India’s clean energy space in FY19

By : Sustainability ..., Jul 15, 2019

The foreign investors’ interest in India’s emerging green economy continues; with around $1.02 billion equity investment made by them in the current financial year till date, according to data...

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Automobile R&D investments soar on new regulations & emerging technologies

By : Sustainability ..., Jul 12, 2019

Despite pressure on sales, automobile companies’ spending on research and development (R&D) grew in 2018-19 mainly owing to the regulations and the emergence of new technologies. An analysis...

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India’s renewable energy investments jump 10 per cent to $5.9 billion in first half 2019

By : Sustainability ..., Jul 12, 2019

India invested $5.9 billion in setting up renewable energy projects in the first half of the current calendar year, a 10 per cent jump compared to the investments in the same period of 2018, as...

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GIC, ADIA invest $329 mn more in Hyderabad-based Greenko

By : Sustainability ..., Jul 12, 2019

In one of the largest funding rounds by an Indian clean energy producer, sovereign wealth funds GIC Holdings Pte. Ltd and Abu Dhabi Investment Authority (ADIA) have agreed to pump in an...

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UN fund removes veto power over climate projects

By : Sustainability ..., Jul 10, 2019

Governments will be unable to unilaterally veto internationally-funded climate projects, after a deal was struck on Green Climate Fund rules that had hampered progress for years. Following...

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Economic Survey Pitches For USD 330 Billion Investment in Renewable Energy

By : Sustainability ..., Jul 9, 2019

The Economic Survey 2018-19 tabled in Parliament has pitched for fresh investments to the tune of a massive USD 330 billion in the renewable energy sector over the next decade through 2030. This...

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Ujjivan SFB inks pact with Green Shuttle for EV financing

By : Sustainability ..., Jul 9, 2019

Ujjivan Small Finance Bank has inked a Memorandum of Understanding (MoU) with Green Shuttle Technology Pvt Ltd for financing electric three-wheelers. Established in Chakan (Pune) last year,...

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