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Africa Launches 300 GW Renewable Energy InitiativeBy : sustainabilityo..., Dec 4, 2015
The heads of state of African nations have launched the African Renewable Energy Initiative in an attempt to provide 300 GW of renewable energy. Launched on Tuesday at the COP21 United Nations climate talks in Paris, the African Renewable Energy Initiative (AREI) was... Read more.. |
Indian firms line up for Welspun's green projectsBy : sustainabilityo..., Dec 2, 2015
Hero Future Energies, ReNew Power and Reliance Cleangen are evaluating the renewable energy portfolio of Welspun Enterprises. Welspun Renewables, wholly-owned green energy arm of Welspun Enterprises, is selling equity stakes in its solar and wind power projects. ... Read more.. Subject Tags: clean energy investment , Financing |
India Mulling Norms For Listing Renewable Energy YieldcosBy : sustainabilityo..., Dec 1, 2015
Indian regulatory bodies are planning to allow the listing of yieldcos for renewable energy companies, as investment in the clean energy sector is set to increase rapidly. The Securities and Exchange Board of India (SEBI) has reportedly prepared norms for... Read more.. Subject Tags: clean energy investment , Financing |
India's Orient Green says loss expanded to USD 10.6m in fiscal H1By : sustainabilityo..., Nov 30, 2015
Indian firm Orient Green Power Co Ltd (BOM:533263) reported a consolidated net loss of INR 710.7 million (USD 10.6m/EUR 10m) for the six months through September 2015, widening from INR 168.1 million a year before. The wind and biomass power plant operator posted INR 2... Read more.. |
Renewables a clear business opportunity in India: new briefingBy : sustainabilityo..., Nov 27, 2015
Business has an opportunity to drive the development of a reliable and affordable supply of renewable energy in India – so concludes a ... Read more.. |
IDBI Bank raises Rs2,310 crore via green bondsBy : sustainabilityo..., Nov 27, 2015
IDBI Bank Ltd on Thursday said it has raised $350 million (about Rs.2,310 crore) from green bonds to fund clean energy projects. The issue was made under the $5 billion medium term note (MTN) programme listed on Singapore... Read more.. |
IDBI Bank to issue five-year green bonds todayBy : sustainabilityo..., Nov 24, 2015
State-owned lender IDBI Bank will issue five-year green bonds to overseas investors, the proceeds of which will be used to fund clean energy projects, said the bank’s chief financial officer N.S. Venkatesh on Monday. The bank has already lent $300 million to such... Read more.. |
Churchgate station to soon get solar powerBy : sustainabilityo..., Nov 19, 2015
The Western Railway will go green and instal a 100 KWP solar power system on the rooftop of its Churchgate station building. This will generate cheaper, reliable power for most of the departments in the WR headquarters located in the building. "It is yet another... Read more.. Subject Tags: clean energy investment , solar rooftop PV |
Wind turbine maker Gamesa plans solar investment in IndiaBy : sustainabilityo..., Nov 19, 2015
Spanish wind turbine maker Gamesa is seeing booming sales in emerging markets, expects double-digit sales growth through 2017 and plans investments in solar and off-grid power generation in India, its chairman said. In India, where Gamesa started activities only five... Read more.. |
UK Climate Investments to pour GBP 200m in India, AfricaBy : sustainabilityo..., Nov 18, 2015
A green joint venture between the UK government-backed Green Investment Bank Plc (GIB) and the Department of Energy and Climate Change (DECC) will invest up to GBP 200 million (USD 304m/EUR 284m) in India and Africa. The announcement was made last week, as part of a... Read more.. |