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ExxonMobil may tie up with GAIL to set up green energy platform

By : Sustainability ..., May 17, 2019

ExxonMobil Corp., the world’s most valuable energy company, may shortly form a partnership with state-owned GAIL (India) Ltd to set up a green energy platform in India. The US oil firm’s...

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Piramal Group plans to buy operational renewable power projects of Mytrah

By : Sustainability ..., May 13, 2019

Ajay Piramal-owned Piramal Group plans to buy operational renewable power projects of Mytrah Energy, making the potential acquisition the first set of assets in the newly launched private InvIT that is co-owned by the Piramal Group and Canadian pension fund CPPIB. Both...

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India, Vietnam to strengthen co-op in energy, defence and security

By : Sustainability ..., May 13, 2019

India and Vietnam agreed to further strengthen cooperation in defence and security, peaceful uses of atomic energy and outer space, oil and gas and renewable energy as Vice President M Venkaiah Naidu Sunday concluded his four-day visit to the Southeast Asian country. During...

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Business Steps up ambitious climate action

By : Sustainability ..., May 8, 2019

Amid fresh waves of protests demanding accelerated climate action, more and more businesses and policy makers are stepping up and delivering the level of systemic change required to meet the goals of the Paris Agreement. The path to zero-carbon power has seen significant...

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Ministry held session for stakeholders in renewable energy industry

By : Sustainability ..., May 8, 2019

The Ministry of New and Renewable Energy (MNRE) today held a brainstorming session for all stakeholders in the renewable energy industry. Major challenges faced by the industry were deliberated upon at the day long meet. "We discussed a lot of land problems like land use --...

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Renewable energy of T.N. over 17% of total power production

By : Sustainability ..., May 7, 2019

Renewable energy (wind, solar, biomass and small hydropower) generation in Tamil Nadu was 16,223 million units in April 2018-February 2019, accounting for 17.5% of the total energy mix....

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India Renewable Energy Developers Line Up US$1 Billion Green Bonds

By : Sustainability ..., May 1, 2019

Two large private renewable energy developers in India are planning to raise US$500 million each through sale of green bonds. The move highlights the tightening flow of funds in the Indian...

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Hero arm, Azure Power to raise $1 bn from bond sale

By : Sustainability ..., Apr 18, 2019

Hero Group’s renewable energy arm and NYSE-listed Azure Power are gearing up to raise $1 billion by selling bonds to overseas investors over the next few weeks in separate offerings, according...

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India launches $5bn renewables infrastructure drive to tackle pollution issues

By : Sustainability ..., Apr 17, 2019

India is lifting a target for renewables to 227 Gigawatt (GW) of renewable energy capacity by 2022 because the country is well on its way to exceeding the previously set target, vice president...

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India To Auction Transmission Projects Worth $5 Billion To Support RE Expansion

By : Sustainability ..., Apr 15, 2019

To ensure that the rapidly expanding renewable energy capacity and planned auctions of large-scale solar and wind energy projects have the adequate transmission capacity to supply power to...

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