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81 cities to invest over Rs 5700 crore in water, sewerage systemBy : Sustainability ..., Nov 17, 2015
Eighty-one cities in Tamil Nadu, Madhya Pradesh, Jharkhand, Odisha and Mizoram will invest over Rs 5700 crore to enhance basic infrastructure including water supply and sewerage connections. The investments will be made under Atal Mission for Rejuventation and Urban... Read more.. |
Venture-backed Azure Power to raise $110m debt from existing investor IFC for solar project in IndiaBy : Sustainability ..., Nov 17, 2015
International Finance Corporation (IFC), the private-sector lending arm of the World Bank, will invest up to $111 million in Azure Power India Pvt Ltd (Azure) for its 130 MW solar power plant in Karnataka. Already backed by IFC, Azure also counts Helion Venture... Read more.. Subject Tags: Azure Power , Financing |
India’s Mytrah Energy Eyes $185 Million Equity Finance For Solar Power ProjectsBy : Sustainability ..., Nov 17, 2015
Positive regulatory and economic environment is helping Indian renewable energy project developers consider raising equity funding at high valuations. Mytrah Energy, an Indian independent power producer in the renewable energy sector, has announced plans to raise... Read more.. Subject Tags: Financing , Mytrah Energy |
India’s ReNew Power Raises $265 Million In Fresh Funding RoundBy : Sustainability ..., Oct 28, 2015
One of India’s leading independent power producers in the renewable energy sector has raised significant equity funding in a recent round. ReNew Power Ventures, a leading renewable energy projects developer in India, announcedthat it raised $265 million following a... Read more.. |
World Bank-backed Project To Study Wind Energy Potential In African CountriesBy : Sustainability ..., Oct 28, 2015
A global program backed by the World Bank aimed at studying and determining renewable energy potential across the world will now focus on three African countries. Under the Energy Sector Management Assessment Program (ESMAP), DNV GL is working to determine wind energy... Read more.. Subject Tags: Financing , World Bank |
$13.5 trillion required to meet global climate pledges, says IEABy : sustainabilityo..., Oct 26, 2015
The International Energy Agency has said that the full implementation of climate pledges across the world will require a $13.5-trillion investment from the energy sector between 2015 and 2030. In a report titled ‘Energy and Climate Change’, the IEA states that the... Read more.. |
India suggests insertion of key points on finance and tech transfer in the Paris draft textBy : sustainabilityo..., Oct 20, 2015
Making its suggestions to the latest draft text of the Paris climate agreement, India on Monday pitched for inserting specific paragraph on the issue of finance and transfer of technology in the text. India wants the developing countries must be provided with cutting-... Read more.. |
Green Climate Fund directors warn it faces staffing crisisBy : sustainabilityo..., Oct 19, 2015
The UN’s flagship Green Climate Fund says it is “severely understaffed” because its salaries aren’t attractive and few want to move to its South Korean HQ in Songdo. Its directors say it needs more resources and 72 new full-time staff by 2018 to operate effectively.... Read more.. |
India looks to US for tech, funds for renewable start-upsBy : sustainabilityo..., Oct 16, 2015
At the recently conducted ‘US-India Energy Partnership Summit’ in Washington DC, Indian solar experts mooted a renewable energy partnership between India and the US — in technology and funding — with the aim of benefitting renewable start-ups. Calling for US... Read more.. |
Indian Renewable Energy Agency Issues Bonds Worth Over $300 MillionBy : sustainabilityo..., Oct 1, 2015
The Indian Renewable Energy Development Agency has announced a huge bond issue likely to be the first among a long list of similar capital raising exercises to finance the country’s renewable energy infrastructure. The Indian Renewable Energy Development Agency (IREDA... Read more.. Subject Tags: Corporate Action , Financing |