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Dubai sets sights on India to achieve its green energy goals

By : sustainabilityo..., Jul 21, 2017

With a roadmap to harness 75% of its energy needs from renewable sources by 2050, Dubai is reaching out to investors, consultants, equipment suppliers and developers in India, which has emerged...

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IFC plans $6 billion investment in India

By : sustainabilityo..., Jul 19, 2017

International Finance Corporation (IFC), a World Bank Group member, is planning to invest up to $6 billion in India over the next five years to support initiatives in renewable energy and green...

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ReNew eyes Orange's portfolio in $950 million deal to bulk up before IPO

By : sustainabilityo..., Jul 19, 2017

Sumant Sinha led ReNew Power Ventures Pvt Ltd, a Goldman Sachs backed clean energy company -- is in active discussions with Orange Renewable to acquire its portfolio of a little over 600 MW of...

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Tata Power to invest $90 million in renewable energy arm TPREL

By : sustainabilityo..., Jul 19, 2017

Tata Power Co. Ltd plans to invest around $90 million (close to Rs600 crore) in equity capital in its renewable energy arm Tata Power Renewable Energy Ltd (TPREL) as the company seeks to develop...

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ADB: Climate Change Threatens Asia’s Development Gains

By : sustainabilityo..., Jul 18, 2017

Asia’s hard-won development gains are at risk of being reversed by the effects of climate change, according to the Asian Development Bank (ADB). However, the news is not all bad for the region,...

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Solar power plant of 5 Megawatt capacity to come up in Andhra Pradesh

By : sustainabilityo..., Jul 17, 2017

A giant solar energy plant cum storage battery system with a capacity of five megawatts (MW) is coming up at Makkuva in Vizianagaram district to provide electricity for farm motor pumps falling...

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JSW Energy looks at new opportunities in renewables

By : sustainabilityo..., Jul 14, 2017

Sajjan Jindal-led JSW Energy is exploring new opportunities in renewable energy space and transmission and distribution segment, the company said in its annual report 2016-17. ...

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Warburg Pincus puts Rs 700 crore in CleanMax

By : sustainabilityo..., Jul 13, 2017

 Global private equity fund Warburg Pincus has invested Rs 700 crore in CleanMax Solar, a rooftop solar developer for the corporate sector. The fund will have a significant minority stake in the...

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Bhopal airport to go all-solar by December

By : sustainabilityo..., Jul 13, 2017

Raja Bhoj Airport is going solar. All the way. It’s going to be only the second airport in India, after Kochi, to become self-sufficient through green energy, airport director Akashdeep Mathur...

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NLC India invests big money into renewable energy

By : sustainabilityo..., Jul 12, 2017

State-owned power producer NLC India is investing heavily in renewable energy as producing only lignite and generating power from it may not be sustainable for long, chairman and managing...

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