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SunEdison Confident About Returns From India’s Cheapest-Ever Solar Power ProjectBy : sustainabilityo..., Dec 9, 2015
In spite of having secured the rights to develop a 500 MW solar power project at the lowest-ever tariff in India, global renewable energy project developer SunEdison is confident of healthy returns from the project. SunEdison... Read more.. |
First Global Green Bank Network Will Speed Shift to Clean EnergyBy : sustainabilityo..., Dec 8, 2015
As countries work toward a new international climate agreement in Paris, a group of six green banks and two leading non-profit groups, including the Natural Resources Defense Council (NRDC) has announced that they are establishing a Green Bank Network to help meet the urgent... Read more.. Subject Tags: Clean Energy , Financing |
MSMEs submit loan applications worth Rs. 50 crBy : sustainabilityo..., Dec 8, 2015
Loan applications worth Rs. 50 crore were received from micro, small and medium enterprises (MSMEs) - both existing and prospective – from the eastern region, particularly West Bengal, at the end of the four-day ‘Biz Bridge 2015’. According to a release by the... Read more.. Subject Tags: Financing , industry news |
India Plans $1 Billion Equity Fund For Renewable Energy ProjectsBy : sustainabilityo..., Dec 4, 2015
As competition among renewable energy project developers in India continues to increase the Indian Government is planning to step up investment in the sector to keep the momentum going. The Indian Minister for Power, Coal, and Renewable Energy, Piyush Goyal, recently... Read more.. Subject Tags: clean energy investment , Financing |
Africa Launches 300 GW Renewable Energy InitiativeBy : sustainabilityo..., Dec 4, 2015
The heads of state of African nations have launched the African Renewable Energy Initiative in an attempt to provide 300 GW of renewable energy. Launched on Tuesday at the COP21 United Nations climate talks in Paris, the African Renewable Energy Initiative (AREI) was... Read more.. |
Energy Storage Industry At “Inflection Point,” Says Investment Bank LazardBy : sustainabilityo..., Dec 4, 2015
In its first in-depth analysis on the costs of energy storage, US investment bank Lazard says storage is already competitive in some situations – particularly at the utility scale and in providing services such as frequency regulation that was previously the province of... Read more.. |
Power sector outlook in India remains negative, says Moody’sBy : sustainabilityo..., Dec 4, 2015
The outlook for India’s power sector remains negative due to evident structural challenges, Moody’s Investors Service said on Thursday, while assigning a stable outlook for the power sector in the Asia Pacific, except Japan. “Moody’s Investors Service says that its... Read more.. |
Azure Power bags 150 MW solar power deal in PunjabBy : sustainabilityo..., Dec 4, 2015
Azure Power announced on Thursday that it has signed a 150 MW solar power project agreement with the Punjab Energy Development Agency (PEDA) under the third phase of the state’s Solar Policy.... Read more.. |
Renewable energy fund worth $1 bn in pipeline in IndiaBy : sustainabilityo..., Dec 3, 2015
The government plans to set up a $1 billion private equity fund for the renewable energy sector that would be initially seeded by state-run companies. Power and New and Renewable Energy Minister Piyush Goyal on Friday said: “We are planning a $1 bn private equity fund... Read more.. |
India needs $140 bn investment per year in energy: IEABy : sustainabilityo..., Dec 3, 2015
India needs more than Rs 900,000 crore or $140 billion investments per year in energy by 2040 as it is set to contribute more than any other country to the rise in global energy demand over the coming quarter century, the International Energy Agency (IEA) said on Friday.... Read more.. |