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India: Shell joins the solar boom with acquisition of Orb Energy

By : Sustainability ..., Oct 10, 2019

Global oil major Shell has taken another step towards India’s growing renewable energy market by purchasing a 20% stake in Bangalore-based Orb Energy, a company that provides credit to small and medium-sized enterprises (SMEs) to install rooftop PV. Founded in 2006, Orb...

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Shell buys stake in India and Kenya-focused rooftop solar firm

By : Sustainability ..., Oct 4, 2019

Oil major Shell has made another foray into Indian renewables by acquiring close to a 20% stake in Bangalore-headquartered Orb Energy, which provides credit to small and medium-sized enterprises (SMEs) to install rooftop PV and lower power costs. Last year, Shell and European...

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ADB offers $50m to Avaada to push PV in India

By : Sustainability ..., Mar 22, 2019

The ADB will draw upon its Ordinary Capital Resources, as well as Leading Asia’s Private Sector Infrastructure Fund (LEAP), to facilitate the planned investment, according to an online statement...

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