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“We have committed to financing 500 MW of clean energy annually"

By : sustainabilityo..., Dec 2, 2015

In a conversation with Sustainability Outlook, Mr. Rana Kapoor, Managing Director and CEO, YES Bank shares his thoughts on responsible banking and the outlook for sustainable financing in India especially with focus on renewable energy financing. He also...

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Sebi to make corporate, green bonds investor friendly

By : sustainabilityo..., Dec 2, 2015

The board of the Securities and Exchange Board of India (Sebi) in its meet on Monday is expected to ease norms for trading in corporate bonds. The regulator is also likely to frame the guidelines to list the so-called green bonds on domestic exchanges.

To make the bond...

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Indian firms line up for Welspun's green projects

By : sustainabilityo..., Dec 2, 2015

Hero Future Energies, ReNew Power and Reliance Cleangen are evaluating the renewable energy portfolio of Welspun Enterprises. Welspun Renewables, wholly-owned green energy arm of Welspun Enterprises, is selling equity stakes in its solar and wind power projects.

...

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World Bank launches $500 mln carbon market scheme

By : sustainabilityo..., Dec 2, 2015

The World Bank on Monday launched a $500 million market-based scheme designed to help developing countries pay for emission reductions and combat climate change.

Germany, Norway, Sweden and Switzerland have jointly pledged an initial $250...

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India’s pharma sector pips global growth

By : sustainabilityo..., Dec 2, 2015

The global pharma industry is set to grow at an annual rate of 5% between 2015 and 2020 to cross $1.3 trillion by 2020 while the Indian market is expected to grow over 15% annually in this period, according to a study by UBM India, the Indian arm of London-based media and...

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Welspun Group to sell its renewable energy business, appoints Barclays to look for a buyer

By : sustainabilityo..., Dec 1, 2015

The Welspun Group has put its renewable energy business on the block and has appointed British bank Barclays to look for a buyer, two people with direct knowledge of the plan said, as the pipe-to-textile maker seeks to trim debt amid concerns of a fall in solar power prices...

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Subject Tags: Financing

Advanced Optronic Devices, Syska to set up Rs500 crore LED plant in Telangana

By : sustainabilityo..., Dec 1, 2015

Chinese LED light maker Advanced Optronic Devices (China) Co. Ltd. and Pune-based Syska LED Lights Pvt. Ltd. will together set up a LED manufacturing plant in Telangana.

Spread across 50 acres, the project will entail an investment of...

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India Mulling Norms For Listing Renewable Energy Yieldcos

By : sustainabilityo..., Dec 1, 2015

Indian regulatory bodies are planning to allow the listing of yieldcos for renewable energy companies, as investment in the clean energy sector is set to increase rapidly.

The Securities and Exchange Board of India (SEBI) has reportedly prepared norms for...

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NRG Home Solar Partners With Airbnb To Boost Rooftop Solar

By : sustainabilityo..., Dec 1, 2015

A new partnership between NRG Home Solar and Airbnb, aimed at helping to increase the amount of rooftop solar installations, will deliver incentives to both existing...

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Subject Tags: Financing , Solar PV

India's Orient Green says loss expanded to USD 10.6m in fiscal H1

By : sustainabilityo..., Nov 30, 2015

Indian firm Orient Green Power Co Ltd (BOM:533263) reported a consolidated net loss of INR 710.7 million (USD 10.6m/EUR 10m) for the six months through September 2015, widening from INR 168.1 million a year before.

The wind and biomass power plant operator posted INR 2...

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