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India readies plan for $4 billion Tesla-scale battery storage plants

By : Sustainability ..., Jul 26, 2019

India is putting the final shape on a plan to build at least four Tesla-style giga factories to manufacture batteries with an investment of around $4 billion, as the country prepares to switch...

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JSW Energy plans to raise $750 m via bonds; to use funds for expansion, debt repayment

By : Sustainability ..., Jul 25, 2019

Sajjan Jindal-led JSW Energy plans to raise around $750 million from international bond sale to fund expansion plans as well as to repay some of its existing debt of over ₹10,050 crore. The...

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India's Green Energy Investment surpassed Thermal Power, pegged at over $20 billion

By : Sustainability ..., Jul 23, 2019

Boosting India’s green economy, investments in the country’s renewable energy sector doubled over the last five years to around $20 billion in 2018, surpassing the capital expenditure in the...

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Unpredictable rains and sudden storms are new risk to India’s renewables goals

By : Sustainability ..., Jul 18, 2019

India’s ambitious plan to take the leadership position among nations as one of largest producers of renewable energy may have run into some unfavorable weather. Freak climatic conditions are...

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Foreign investors pumped $1.02 bn equity in India’s clean energy space in FY19

By : Sustainability ..., Jul 15, 2019

The foreign investors’ interest in India’s emerging green economy continues; with around $1.02 billion equity investment made by them in the current financial year till date, according to data...

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Renewable energy sector adds 2,151 MW in Q1

By : Sustainability ..., Jul 12, 2019

The renewable energy sector’s new capacity addition during the first quarter of this fiscal was higher at 2,151 MW when compared with the capacity addition of 1,541 MW in the year-ago quarter....

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Rajasthan: Renewed thrust on green energy with policy push

By : Sustainability ..., Jul 11, 2019

The Budget’s focus in the energy sector is to tap the immense potential of non-conventional energy sources. It proposes to generate 1,426 MW of wind power and 4,885 MW of solar power by 2023....

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Economic Survey Pitches For USD 330 Billion Investment in Renewable Energy

By : Sustainability ..., Jul 9, 2019

The Economic Survey 2018-19 tabled in Parliament has pitched for fresh investments to the tune of a massive USD 330 billion in the renewable energy sector over the next decade through 2030. This...

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ICRA expects clarity on safeguard duty, funding for discoms and renewable parks from Budget

By : Sustainability ..., Jun 25, 2019

Rating agency, ICRA expects the budget to give clarity on the status of safeguard duty, higher budget allocation for state-owned distribution utilities, and increased funding for the development...

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Srei Equipment gets $30 mn from Dutch bank for refinancing green projects

By : Sustainability ..., Jun 21, 2019

Srei Equipment Finance, a wholly-owned subsidiary of Srei Infrastructure Finance, has received $30 million loan refinancing facility from FMO, a Netherlands-based development finance bank. The...

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