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India, US announce $60 million clean energy financial support

By : sustainabilityo..., Jun 8, 2016

India and the US on Tuesday announced the setting up of two financial assistance programmes worth $60 million for supporting India's much-needed clean energy initiatives including in solar power...

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Indian renewable energy firm Greenko says it has raised $230 million from ADIA, GIC

By : sustainabilityo..., Jun 8, 2016

Greenko Energy Holdings, one of India's leading renewable energy firms, said on Tuesday it has secured $230 million in total new funds from an entity owned by the Abu Dhabi Investment Authority...

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Subject Tags: Investment

Adani Green Energy may tie up with SunEdison for $2 billion solar foray

By : sustainabilityo..., Jun 8, 2016

Adani Green Energy Ltd, the renewable energy arm of the Adani Group, is considering a technical partnership with global major SunEdison Inc for its $2-billion foray into integrated solar...

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Subject Tags: Investment , solar

New green norms to make power, fuels, cars costlier

By : sustainabilityo..., Jun 7, 2016

Consumers will have to shell out more for power, fuel and cars in a few years as these industries begin to pass on the burden of technology upgrades being put in place for meeting increasingly...

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Govt lines up over Rs 16k crore to support rooftop solar projects

By : sustainabilityo..., Jun 6, 2016

The government has lined up almost $2.5 billion (about Rs 16,800 crore) for providing low cost finance to achieve the target of installing 40 GW grid-connected solar rooftop systems. ...

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CLP India plans $1 billion investment in solar energy

By : sustainabilityo..., May 31, 2016

CLP India Pvt. Ltd, one of the largest foreign investors in India’s power sector, is looking to enter the solar energy sector as part of the parent’s push to increase the share of renewables in...

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India’s IREDA considers raising funds through non-convertible bonds

By : sustainabilityo..., May 30, 2016

State-owned firm the Indian Renewable Energy Development Agency (IREDA) is considering raising funds through the issue of non-convertible bonds, according to a filing on the Bombay Stock...

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Subject Tags: Investment

OCI Eyeing 1 Gigawatt of Solar Plants in China, India by 2018

By : sustainabilityo..., May 26, 2016

OCI Global Ltd., one of polysilicon and chemical maker OCI Co.’s solar-project development units, is targeting about a gigawatt of photovoltaic power plants in China and India by 2018....

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Subject Tags: Investment , solar energy

International Solar Alliance gathers steam, summit in New Delhi next year

By : sustainabilityo..., May 24, 2016

The International Solar Alliance , led by France and India, is bringing together investors and financers in high-profile events in New Delhi, Kenya, Peru and Indonesia - countries with high...

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Subject Tags: Investment , solar energy

Investor interest in renewable energy has plateaued: Mytrah

By : sustainabilityo..., May 23, 2016

Global investor interest in India’s renewable energy sector is plateauing as concerns grow on aggressive bidding in the solar energy space, the health of state electricity distribution utilities...

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