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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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Solar plants to power lights on the street of Lucknow

By : sustainabilityo..., Jul 12, 2017

Emphasizing on the need of electricity to scale up development in the state, the UP government on Tuesday reiterated it would ensure 24-hour power supply to all electrified areas by October 2018...

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Poor response forces NTPC, NLC to extend bid date for Andaman projects

By : sustainabilityo..., Jul 11, 2017

NTPC and Nevyeli Lignite Corporation (NLC) have extended the bid submission date for their storage-linked solar power projects in the Andaman and Nicobar Islands following poor response from...

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Shell plans to spend $1billion a year on clean energy by 2020

By : sustainabilityo..., Jul 11, 2017

Royal Dutch Shell plans to spend as much as $1 billion a year on its New Energies division as the transition toward renewable power and electric cars accelerates.

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GE arm in talks to invest in Avaada Power’s renewable energy projects

By : sustainabilityo..., Jul 10, 2017

GE Energy Financial Services (GEEFS) is expanding its Indian renewable energy portfolio and is in talks with Avaada Power to invest in the renewable energy projects of the Vineet Mittal-promoted...

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French company Engie likely to invest Rs 6,500 crore in solar energy in India

By : sustainabilityo..., May 31, 2017

Engie, the French power giant with a global installed capacity of 115.3 gigawatts across all forms of energy, expects to invest a minimum of $1 billion (about 6,500 crore) in the solar segment...

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IFC may invest $40 million in Tata Cleantech Capital to promote renewable energy projects

By : sustainabilityo..., May 17, 2017

International Finance Corporation may invest up to $40 million in Tata Cleantech Capital Ltd's (TCCL) green bond issue to help the company expand long-term environment-friendly infrastructure...

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India, UK to invest 10 million pounds for clean energy R&D centre on solar energy : Narendra Modi

By : sustainabilityo..., Nov 8, 2016

India and UK will establish a India-UK networked Centre on Solar Energy, as a part of their commitment to the Solar Alliance.

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ReNew Power plans to raise $500 million via offshore bonds

By : sustainabilityo..., Oct 17, 2016

Green energy producer ReNew Power Ventures Pvt. Ltd plans to raise around $500 million (Rs3,300 crore) through an offshore bond sale and use the proceeds to repay part of its domestic debt, said...

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