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More investment in clean energy will help APAC recover from COVID-19 crisis: ADB

By : Sustainability ..., Jun 18, 2020

A greater investment in clean energy will contribute to Asia-Pacific''s recovery from the COVID-19 crisis and make economies more resilient against future shocks, the Asian Development Bank (ADB) said on Monday. In view of the current scenario, ADB has invited proposals for...

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COVID-19: Global energy investments set for a historic $400 bn plunge, says IEA

By : Sustainability ..., May 27, 2020

Global energy investments are set to nosedive by 20 per cent, or about $400 billion, as compared to last year due to the COVID-19 crisis, resulting in serious implications for energy security and clean energy transitions, according to a latest report by the International...

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Green energy’s $10 trillion revolution faces oil crash test

By : Sustainability ..., Mar 11, 2020

In 2014, when the price of oil last crashed, the world’s governments had no agreement in place to fight climate change. The following year leaders signed the Paris accord. Green investments have soared since then. Some $1.2 trillion has been poured into renewable energy, and...

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Hero Future in talks to buy Fotowatio’s solar project in India

By : Sustainability ..., Jan 18, 2019

Hero Future Energies Pvt. Ltd is in talks to acquire Fotowatio Renewable Ventures’s 135 megawatt (MW) solar power project in India, two people aware of the development said. Owned by Abdul Latif...

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Leap Green looks for funding partners in China, Japan

By : Sustainability ..., Jan 14, 2019

Japan’s Daiwa Securities Group Inc. has been hired by Leap Green Energy Pvt. Ltd, promoted by the family of former Formula 1 driver Narain Karthikeyan, to raise funds from China, Japan and South...

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Actis agrees to buy Essel Infra’s solar power projects for ₹5,500-6,000 crore

By : Sustainability ..., Nov 28, 2018

Private equity investor Actis LLP has agreed to buy Essel Infraprojects Ltd’s solar power projects for ₹5,500-6,000 crore, according to two people involved in the deal process. The deal would be...

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