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IREDA finances Rs 10,000 crore green projects during 2016-17

By : SustainabilityO..., Apr 10, 2017

The Indian Renewable Energy Development Agency increased its financing of green energy projects considerably in 2016-17, crossing the milestone of Rs 10,000 crore in a single year for the first...

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US-India Clean Energy Finance Initiative Opens Call for Applications

By : SustainabilityO..., Apr 4, 2017

The newly launched US-India Clean Energy Finance (USICEF) initiative is currently seeking applications from project developers and project proponents in...

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ADB okays $175 mn loan to Power Grid to diversify energy mix

By : SustainabilityO..., Mar 30, 2017

Asian Development Bank (ADB) has approved USD 175 million loan to Power Grid Corporation to help the power producer diversify its power mix by supplying more clean energy.

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IREDA to sanction Rs 13000 crore loans for renewables in FY18

By : SustainabilityO..., Mar 27, 2017

State-run Indian Renewable Energy Development Agency (IREDA) will sanction Rs 13,000 crore for clean energy projects next fiscal in the country, vying for around 20 per cent of the loan market...

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US-based Evergreen Power in talks to raise $100 mn for India

By : SustainabilityO..., Mar 21, 2017

US-based Evergreen Power is in talks with investors, including private equity, infrastructure funds and strategic investors, to raise up to $100 million in equity to ramp up its wind energy...

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US ‘forces G20 to drop any mention of climate change’

By : SustainabilityO..., Mar 20, 2017

Financial officials from the world’s biggest economies have dropped from a joint statement any mention of financing action on climate change, reportedly following pressure from the US and Saudi...

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Aditya Birla Group, Lotus Renewables to launch $100m clean energy fund

By : SustainabilityO..., Mar 2, 2017

Aditya Birla Group  along with Lotus Renewables  is set to launch a $100 million Global Clean Energy Fund  targeted at developing countries in Asia, including India, as well as Australia....

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IDFC bank lends Rs 675 cr for rajasthan solar project

By : SustainabilityO..., Feb 23, 2017

IDFC Bank is creating a renewable energy niche in loans, sanctioning Rs 675 crore to a Rajasthan-based solar power project owned by French company Solairedirect.

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Germany to provide India a 1 billion Euro soft loan for 'Green Energy Corridors'

By : SustainabilityO..., Dec 16, 2016

Union Minister of state (IC) for Power, Coal, New and Renewable Energy and Mines, Piyush Goyal in a written reply in Lok Sabha on Thursday said that in order to facilitate integration of large...

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Centre sanctions Rs 30 crore for solar cities programme

By : SustainabilityO..., Dec 16, 2016

Funds worth over Rs 30 crore have been sanctioned to 21 states and union territories under the solar cities development programme, the government said Thursday.

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