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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...

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Biomass-based Energy firm Punjab Renewable Energy Systems gets Rs 55 Cr from Shell

By : Sustainability ..., Aug 29, 2019

Biomass-based energy firm Punjab Renewable Energy Systems Pvt Ltd (PRESPL) on Wednesday said it has raised Rs 55 crore in private equity investment from Shell, a British-Dutch oil and gas company. “With this fund investment by Shell, the ‘Series-B’ round of PRESPL stands...

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IEA signs MoU to bolster energy efforts in India

By : Sustainability ..., Jul 30, 2019

The International Energy Agency’s Executive Director, Dr Fatih Birol, signed a memorandum of understanding (MoU) with The Energy & Resources Institute (TERI) this month to strengthen...

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Budget 2019: Infrastructure, Renewable Sectors Seek Investment Boost

By : Sustainability ..., Jun 14, 2019

Representatives of the infrastructure and climate change sectors put forth Thursday their budget proposals to Finance Minister Nirmala Sitharaman, who will present the full Union Budget 2019 on...

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ISA delegation to explore Cochin airport's solar power project as success model

By : Sustainability ..., May 21, 2019

The solar power project by Cochin International Airport Limited (Cial) may soon be a model for similar projects around the world. As part of International Solar Alliance (ISA)’s initiative to...

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UK Climate Investments invests ₹275 crore in CleanMax Solar

By : Sustainability ..., Apr 24, 2019

CleanMax Solar, which provides renewable energy to companies, on Tuesday said that it has raised ₹275 crore in equity funding from UK Climate Investments LLP (UKCI). ...

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Indian bank commits US$83 million to utility-scale solar in DRC

By : Sustainability ..., Mar 22, 2019

India’s Export-Import Bank (Exim) is to support the rollout of utility-scale solar in the Democratic Republic of Congo (DRC) through a multi-million debt package. ...

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Siemens arm picks up 46% stake in Greenko's Poovani wind power project

By : Sustainability ..., Mar 12, 2019

Germany-based Siemens Monday said its financial services arm has picked up 46 percent stake in Greenko Group's 200 MW Poovani wind power project in Tamil Nadu for an undisclosed amount. ...

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Energy companies hog lion’s share in CSR spending: CRISIL

By : Sustainability ..., Mar 1, 2019

 Energy companies spent the highest among sectors in corporate social responsibility (CSR) in financial year 2017-18 with 51 companies spending Rs 2,253 crore or 23 per cent of the overall...

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These solar LEDs come with many firsts

By : Sustainability ..., Feb 25, 2019

In a first for the city, South Delhi Municipal Corporation (SDMC) plans to replace conventional streetlights at busy markets with solar LED lights that will have inbuilt batteries to provide...

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