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IFC looks to provide $43.3 million debt financing to Hero Future Energies for solar farm business

By : Sustainability ..., Apr 26, 2019

International Finance Corporation, a sister organisation of the World Bank, is looking to invest $43.3 million in Munjal family-promoted Hero Future Energies Global (HFE) through the debt-...

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Amazon India partners with Kudumbashree in Kerala

By : Sustainability ..., Mar 8, 2019

Amazon India recently signed an agreement with Kudumbashree, a poverty eradication and women empowerment programme of the Kerala State Poverty Eradication Mission for its initiative called...

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Andhra Pradesh gets fresh lithium battery investment worth $485m

By : Sustainability ..., Mar 7, 2019

The Andhra Pradesh Economic Development Board has signed two memoranda of understanding for investments worth INR3,400 crore ($485 million) in lithium ion cell and battery manufacturing. ...

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Fortum boosts solar pipeline winning 250MW India project

By : Sustainability ..., Mar 5, 2019

Fortum in the latest Solar Energy Corporation (SEC) tender has won the right to build a 250MW solar array in the Indian state of Rajasthan, adding to a growing solar portfolio of the Finnish...

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‘Cheap money’ to speed up global PV, storage momentum

By : Sustainability ..., Feb 22, 2019

Cheaper finance from development players would shorten the renewable transition of many countries and kickstart the local small-scale PV and storage market, according to BloombergNEF (BNEF). ...

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PM Modi to launch 300 projects worth Rs 65,000 crore including solar parks

By : Sustainability ..., Feb 14, 2019

The second ground breaking ceremony, where the UP government plans to launch around 300 projects worth about Rs 65,000 crore, is expected to be inaugurated by Prime Minister Narendra Modi...

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1,000 electric buses by July: Delhi govt to SC

By : Sustainability ..., Feb 6, 2019

NEW DELHIDelhi...

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Hero Future in talks to buy Fotowatio’s solar project in India

By : Sustainability ..., Jan 18, 2019

Hero Future Energies Pvt. Ltd is in talks to acquire Fotowatio Renewable Ventures’s 135 megawatt (MW) solar power project in India, two people aware of the development said. Owned by Abdul Latif...

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Petronas in talks to buy a majority stake in Amplus Energy

By : Sustainability ..., Jan 16, 2019

Malaysia’s state-owned oil and gas company, Petroliam Nasional Berhad, or Petronas, is in talks with New York-based I Squared Capital to buy a majority stake in Amplus Energy Solutions Pvt. Ltd...

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Gujarat to add 15,000 MW of renewable power by 2022

By : Sustainability ..., Jan 11, 2019

The Gujarat government on Thursday announced Rs 1 lakh crore investment in the renewable energy (RE) sector in the next three years, aimed at adding 15,000MW capacity.

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