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YES Bank & SIDBI join for financing energy efficiency projects

By : sustainabilityo..., Jul 12, 2016

YES BANK, India fifth largest private sector Bank, has signed a Memorandum of Understanding with SIDBI under the Partial Risk Sharing Facility (PRSF) for financing Energy Efficiency Projects...

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CII aims to help 1000 companies go green by 2020

By : sustainabilityo..., Jun 17, 2016

Competitiveness is encouraging companies to stay ahead of the environmental compliance curve and go green, Nitin Desai, Member, Prime Minister’s Council on Climate Change, said....

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cKers Finance, India’s first sustainability focused project financier, recognized as a Pacesetter Fund awardee

By : sustainabilityo..., Jun 11, 2016

cKers Finance,an innovative project finance provider, received the PACEsetter Funds Award at a function presided by current US Ambassador to India, Mr. Richard R. Verma and Dr. Upendra Tripathy...

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Clean energy projects get Rs. 42,000 crore investment in FY16

By : sustainabilityo..., Apr 29, 2016

As much as Rs 42,000 crore was invested in renewable energy projects last fiscal with Madhya Pradesh remaining at the top with maximum inflow at Rs 8,867.34 crore, Parliament was informed today.

"Most of the investment in renewable...

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Subject Tags: Clean Energy , Financing

BRICS Bank Approves $811 Million Funding For Renewable Energy Projects

By : sustainabilityo..., Apr 26, 2016
As promised, the BRICS New Development Bank has approved its first funding for renewable energy projects. 
 
The BRICS New Development Bank has approved  funding for a total of $811 million to banks and institutions in Brazil, India, China, and South...
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Subject Tags: Financing

Investment in clean energy at Rs 90,841 crore in last 3 fiscals: Government

By : sustainabilityo..., Apr 26, 2016

An investment of Rs 90,841.16 crore was made in the renewable energy sector in the country during three fiscals to 2015-16, government said today.

"Total investment made in...

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India’s Mytrah Energy Secures $175 Million Debt Funding From ADB

By : sustainabilityo..., Apr 25, 2016

Indian renewable energy companies are on a fundraising spree these days, with plans to contribute as much as possible towards the achievement of the ambitious capacity addition targets set by...

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Subject Tags: Financing , solar energy , wind

SunEdison says in talks for potential DIP financing

By : sustainabilityo..., Apr 18, 2016

Solar energy company SunEdison Inc said on Friday it was in talks for potential debtor-in-possession financing with some of its first and second-lien lenders.

...

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India to get $250 mn for renewables from New Development Bank

By : sustainabilityo..., Apr 18, 2016

The New Development Bank, a funding institution, has sanctioned a $250 million loan for India to fund its scheme on new and renewable energy.

...

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Subject Tags: Financing

World Bank should increase financial aid to renewable energy sector, says New and Renewable Energy Secretary, Upendra Tripathy

By : sustainabilityo..., Apr 15, 2016

Global financial institutions, like the World Bank, should provide a clear roadmap and increase their financial commitment from five percent to at least 15 percent in development of India’s...

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Subject Tags: Financing , Green Bonds , solar