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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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Luminous aims at 35 per cent business from solar power in next 5 years

By : sustainabilityo..., Jul 12, 2017

Luminous Power Technologies is expecting solar business to contribute up to 35 per cent to its overall business in next five years as the company prepares to foray into solar-based solutions for...

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Electricity investment overtakes oil, gas for first time ever in 2016 -IEA

By : sustainabilityo..., Jul 12, 2017

Investments in electricity surpassed those in oil and gas for the first time ever in 2016 on a spending splurge on renewable energy and power grids as the fall in crude prices led to deep cuts,...

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