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ADB to Invest $15 Million in Avaada Energy to Expand Renewable Energy Capacity in India

By : Sustainability ..., Sep 30, 2020

The Asian Development Bank (ADB) has signed an agreement to invest $15 million in INR equivalent in Avaada Energy Private Limited (AEPL) to help the company to scale up photovoltaic solar energy...

Global Infrastructure Partners’ India arm close to buying Rattan India Solar

By : Sustainability ..., Nov 22, 2019

Vector Green Energy, the Indian business unit of New York-based Global Infrastructure Partners (GIP), has successfully completed the negotiations to acquire the 300 mega-watt (MW) solar generation capacity of Rattan India, according to people aware of the developments. The...

India’s Rajasthan state government announces 50GW solar goal by 2025

By : Sustainability ..., Sep 6, 2019

The state government of Rajasthan has come up with a new draft solar policy. The proposed policy package aims to establish the state as a global hub for solar with 50 GW of installed generation capacity within 5-6 years. It envisages an R&D hub for the deployment of...

India drops a tad but still among most favourable renewable energy markets

By : Sustainability ..., May 16, 2019

China is the most attractive market for investment in renewable energy for the fourth year in a row and growth there is set to continue despite the country's efforts to trim subsidies, a report...

ADB committed highest-ever $3 bn in sovereign loans to India in 2018

By : Sustainability ..., Apr 17, 2019

ADB committed to provide USD 3 billion in sovereign loans to India in 2018, the highest level of assistance since sovereign operations began in the country in 1986, said the annual report of...