You are here

Kotak pitches for development finance institution for funding renewable energy projects

By : Sustainability ..., Sep 9, 2020

New Delhi: Asserting that the current cost of financing solar projects in India is extremely high, veteran banker Uday Kotak on Tuesday advocated setting up a development financial institution to fund renewable energy projects which have a long gestation period. The CII...

Read more..

India becomes second-largest market for Green Bonds with $10.3 billion transactions

By : Sustainability ..., Feb 4, 2020

India has become the second-largest market globally for green bonds with $10.3 billion worth of transactions in the first half of 2019, as...

Read more..

Brookfield in talks to invest $800 million in ReNew Power

By : Sustainability ..., Nov 11, 2019

Canadian asset management firm Brookfield is in talks to invest $800 million in India’s largest green energy company ReNew Power, said two people familiar with the development. Brookfield, which is currently conducting due diligence, would be providing partial exit to Goldman...

Read more..

EU, China, others team up to coordinate ‘green’ investment financing

By : Sustainability ..., Oct 21, 2019

The European Union, China, India and several other countries teamed up on Friday to coordinate rules and standards for trillions of dollars of private and public “green” investment needed over decades to prevent irreversible climate change. The initiative, called the...

Read more..

Investing in climate adaptation can stimulate trillions in benefits

By : Sustainability ..., Sep 13, 2019

Unless you are the President of the United States or some such exalted position that allows you to be out of touch with reality, it is really impossible for sane and rational people to ignore the impending impact of climate change. Because it is not really impending anymore....

Read more..

Cleantech firm 75F lands $18M funding from Breakthrough Energy Ventures & OGCI

By : Sustainability ..., Sep 5, 2019

Cleantech firm 75F today said that it had raised $18 million in Series A funding, led by Breakthrough Energy Ventures and Oil & Gas Climate Initiative (OGCI). The round also had participation from Building Ventures, Rise of the Rest, and Clean Energy Trust, making it the...

Read more..

Mutual fund houses are coming up with 'ESG' schemes

By : Sustainability ..., Sep 4, 2019

Mutual fund houses seem to be fascinated by the concept of ESG, short for environment, social and governance. After ESG schemes from Quantum Mutual Fund and SBI Mutual Fund, it is the turn of Kotak Mutual Fund and ICICI Prudential Mutual Fund. Both the fund houses have filed...

Read more..

ADB willing to lend over $12 billion to India over the next three years

By : Sustainability ..., Aug 30, 2019

The Asian Development Bank (ADB) said it was ready to commit over $12 billion in lending to India over the next three years (2020-22), pledging support to the Narendra Modi-led government’s new flagship initiatives such as the Jal Jeevan Mission. This was conveyed during a...

Read more..

IOC to invest Rs 2 trn in 5-7 yrs, develop a new energy storage technology

By : Sustainability ..., Aug 29, 2019

State-run Indian Oil Corporation (IOC) will invest Rs 2 trillion over the next five to seven years, the company’s chairman told shareholders on Wednesday. The company is also at an advanced stage of developing a new energy storage technology. “Indian Oil has planned a Rs 2...

Read more..

Schneider Electric Pumps $565 Million into Energy Management and E-Mobility Industry

By : Sustainability ..., Aug 29, 2019

The grand-old daddy of the industrial revolution continues to lead the way in Digital Transformationwith new investments, hiring, and innovation. Global Automation and Energy Management company Schneider Electric released a $565 million Global Investment fund to expand with...

Read more..