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Bharat Forge to cut down on capex but increase investment in EV companies

By : Sustainability ..., Jun 19, 2019

Bharat Forge, the country’s largest forging company, will reduce capital expenditure (capex) in India this year, and will instead focus on sweating its assets and make select investments in...

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US-based First Solar in talks to sell 45MW of solar assets in India

By : Sustainability ..., Jun 17, 2019

American solar panel maker First Solar is exploring a potential sale of around 45 megawatts (MW) of its solar power assets in India, two people aware of the development said. First Solar is a...

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Ujjivan to finance Kinetic’s electric vehicle

By : Sustainability ..., Jun 13, 2019

UJJIVAN Small Finance Bank has signed an MoU with Kinetic Green Energy & Power Solutions Ltd, the leader in the electric three-wheeler segment, to provide vehicle financing solutions. The...

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Mahindra Susten and Mitsui to co-invest in distributed solar power projects in India

By : Sustainability ..., Jun 4, 2019

Mahindra Susten, a leading player in the Indian solar energy sector, has entered into a partnership with Mitsui & Co., of Japan to jointly develop and operate distributed solar power...

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Eversource capital invest $1 billion in india renewables – pimagazine asia bp gas prices nj

By : Sustainability ..., May 29, 2019

EverSource Capital, the joint venture between private equity firm Everstone Capital and global solar project developer Lightsource BP, is looking to invest over $1 billion in renewable energy...

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Social enterprise Sistema.bio raises $12M, to help 2 lakh farmers in India and globally

By : Sustainability ..., May 28, 2019

Social enterprise Sistema.bio on Monday said it had raised $12 million from investors, to help two lakh farmers globally, including India, over the next three years. "Shell Foundation, DILA...

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India investing more money in solar power than coal for first time

By : Sustainability ..., May 21, 2019

A whopping 74 per cent of India’s electricity generation comes from coal-fired power plants, and coal use in the country continues to increase, but we may be seeing the beginning of the end of...

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India Fund Fest achieves Rs 25 cr investments; Solar power, EVs top attractions

By : Sustainability ..., May 15, 2019

The scene at Ritz Carlton on Friday was one of excitement with finalist founders of 28 startups, selected through a rigorous filtering process out of 14,000 applications received, seeking spot...

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ADB should expand private sector operations: Garg

By : Sustainability ..., May 6, 2019

Asserting that Asia continues to be the growth engine of the world, Economic Affairs Secretary Subhash Chandra Garg on Saturday said the ADB must expand its private sector operations to boost...

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IFC looks to provide $43.3 million debt financing to Hero Future Energies for solar farm business

By : Sustainability ..., Apr 26, 2019

International Finance Corporation, a sister organisation of the World Bank, is looking to invest $43.3 million in Munjal family-promoted Hero Future Energies Global (HFE) through the debt-...

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