You are here

Macquarie looks to offload entire stake in Soham Renewable

By : Sustainability ..., Jan 16, 2020

Australian Infrastructure investor Macquarie group is looking to exit Bengaluru-based hydropower developer Soham Renewable Energy India Pvt. Ltd, two people aware of the development said, requesting anonymity.

In November 2011, Macquarie had invested ₹375 crore in...

Read more..

Eden, Adani to invest Rs 2,072 crore in renewable power projects in Rajasthan

By : Sustainability ..., Jan 6, 2020

Eden Renewables and Adani group have proposed to invest Rs 2,072 crore in the renewable power sector and both the projects have been given 100% exemption from stamp duty and conversion charges under the new RIPS. As per the proposals, Eden Renewables will set up 300 MW solar...

Read more..

Andhra govt yet to reach a deal on green energy contracts

By : Sustainability ..., Dec 9, 2019

The hard-found compromise reached last month to end the impasse over Andhra Pradesh’s decision to relook at renewable energy contracts has floundered, said several Union and state government officials. The government led by chief minister Y.S. Jagan Mohan Reddy has upped the...

Read more..

Re-negotiation of contracts with renewable energy players discourages investment in sector: WWF-India report

By : Sustainability ..., Dec 5, 2019

The renegotiation of contracts with renewable energy players is impacting the viability of investments in the sector according to a report by WWF-India. The report titled, “The Rise of Renewables: Are You REDE?” said, “The fall in Renewable Energy (RE) prices, as a result of...

Read more..

Energy demand in Asia Pacific could grow 15% from 2019 to 6,800 mn tons of oil equivalent in 2040

By : Sustainability ..., Nov 20, 2019

Recent research by analysis firm Wood Mackenzie indicates that Asia Pacific’s decarbonisation bill could hit $3.5 trillion by 2040. This will have to include investments in nuclear, hydel power, solar, wind & hydrogen, collectively referred to as zero-carbon energy...

Read more..

Investment to fight climate change dropped 11 per cent to $546 billion last year

By : Sustainability ..., Nov 8, 2019

Global climate finance reached a record high of $612 billion in 2017 driven by renewable energy and lower-carbon transport capacity additions in China, US and India and increased public commitment to energy efficiency but dropped 11 per cent to $546 billion in 2018 due to...

Read more..

Allocate 60,000 hectares for solar & wind park on priority, Centre tells Gujarat

By : Sustainability ..., Nov 7, 2019

The central government on Wednesday directed the state government to hasten the allocation of 60,000 hectares of land for the solar and wind park project in Kutch district. The project is expected to attract an investment of about Rs 1.35 lakh crore. The proposed solar and...

Read more..

Temasek-EQT joint venture to launch India green energy platform

By : Sustainability ..., Nov 6, 2019

Singapore’s Temasek is teaming up with Swedish private equity group EQT to launch a new renewable energy platform for India that will build wind and solar farms ground up and acquire assets to bulk up. A group of four senior executives from ReNew Power, led by chief executive...

Read more..

LGT Lightstone looks to fund AMP’s India unit

By : Sustainability ..., Oct 18, 2019

NEW DELHI : Attracted by India’s green energy trajectory, LGT Lightstone Aspada plans to invest up to $50 million in Canadian firm AMP Solar Group’s India unit, said four people aware of the development. The India-focused impact investment platform will acquire a significant...

Read more..

FM allays investor concerns, says govt will honour commitments in energy pacts

By : Sustainability ..., Oct 15, 2019

NEW DELHI : Finance minister Nirmala Sitharaman on Monday assured global investors about the sanctity of power purchase contracts in India. India’s assurance comes against the backdrop of controversial attempts by the Andhra Pradesh government to renegotiate clean energy...

Read more..