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India steps on the gas to set up World Solar Bank, may take up 30% equity
By : Sustainability ..., May 28, 2020
India is looking to expedite the International Solar Alliance’ (ISA) playbook of setting up a World Solar Bank (WSB), that may require a total equity capital of $10 billion and a paid-up capital of $2 billion, said two people aware of the development. The plan being explored...Read more..
Corporate, PE investments in EV start-ups grow 170% in 2019 to $397 mn
By : Sustainability ..., Dec 4, 2019
Driven by the belief that the next wave of disruption for India’s automobile industry will be led by electric vehicles (EVs), corporate and private equity (PE) investors seem to be increasing their bets on start-ups working in this space. Investment flows into such start-ups...Read more..
ACME Solar Holding in talks to raise up to ₹3,000 crore through InvIT
By : Sustainability ..., Sep 11, 2018
ACME Solar Holdings Ltd plans to raise up to ₹3,000 crore through an infrastructure investment trust (InvIT) amid a prolonged delay in a planned initial share sale.