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HSBC Pledges $1 Billion To Green Bond PortfolioBy : sustainabilityo..., Nov 18, 2015
British banking giant HSBC has pledged to commit $1 billion to a green bond portfolio. Announced last week, the British-based multinational banking giant pledged to commit $1 billion (USD) to a green bond portfolio that will be focused on investing in “high quality... Read more.. |
Solar Prices Could Be 10% Less Than Coal In India By 2020By : sustainabilityo..., Nov 18, 2015
KPMG has released a report stating that by 2020 solar power in India could cost about 10% less than coal power, saying “Solar power price declines have beaten the expectations of most analysts since the beginning of 2015. In the ongoing NTPC solar park tender, solar prices... Read more.. |
Solar capacity may reach 3,645 MW in 2016: MercomBy : sustainabilityo..., Nov 18, 2015
Country’s solar installations are expected to reach around 3,645 MW in 2016, clean energy consultant Mercom Capital Group said today. “Mercom forecasts about 2,150 MW in solar installations for the 2015 calendar year and expects installations in 2016 to reach... Read more.. |
BRICS New Development Bank to finance its first renewable energy project — Indian PMBy : sustainabilityo..., Nov 16, 2015
The New Development Bank of the BRICS (an association of Brazil, Russia, India, China and South Africa) is to finance its first project in the sphere of renewable energy, India’s Prime Minister Narendra Modi said on Sunday at a meeting of the BRICS leaders on the sidelines of... Read more.. Subject Tags: clean energy investment , Climate Finance |
Tata Power to hive off green energy biz, may get PEsBy : sustainabilityo..., Nov 16, 2015
Tata Power, the utilities arm of India's largest business group, will spin off its clean energy business into an independent unit with a separate strategic focus. The company will bring its 500MW of renewable energy assets, including wind and solar, under a new subsidiary... Read more.. Subject Tags: clean energy investment |
UK-India trade deal to include multi-billion pound solar and hydrogen fuel cell investmentsBy : sustainabilityo..., Nov 13, 2015
British companies are set to confirm multi-billion pound investments into India's clean power sector today as part of a £10bn trade package signed by Indian prime minister Narendra Modi during a three-day trip to the UK. The deal will include a £2bn investment by... Read more.. |
India Is Caught in a Climate Change QuandaryBy : sustainabilityo..., Nov 12, 2015
India is home to 30 percent of the world’s poorest, those living on less than $1.90 a day. Of the 1.3 billion Indians, 304 million do not have access to electricity; 92 million have no access to safe drinking water. And India is going to be hammered by... Read more.. |
India Likely To Beat Wind Energy Capacity Addition Target For 2015-16By : sustainabilityo..., Nov 12, 2015
Favourable regulatory environment and eased lending is expected to deliver better than expected capacity addition in India’s wind energy sector. Indian rating agency ICRA expects that 2.8 GW of... Read more.. Subject Tags: clean energy investment , Wind Energy |
Indian States Agree To Abolish Charges On Renewable Energy TransmissionBy : sustainabilityo..., Nov 12, 2015
India plans to have an installed renewable energy capacity of 175 GW by March 2022. But this target cannot be achieved without a widespread transmission network, as not all Indian states are equally blessed with renewable energy resources. Last month, the Indian... Read more.. |
Solar Costs Continue To Plunge GloballyBy : sustainabilityo..., Nov 12, 2015
Two stunning auction results in India and Chile in the last week have underscored the extraordinary gains that large-scale solar has made against its fossil fuel competitors. In both countries, solar is now clearly the cheapest option compared to new coal-fired power... Read more.. Subject Tags: clean energy investment , solar energy |