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US Exim Bank to work with states for renewable energy

By : Sustainability ..., Jun 26, 2013

The Export-Import Bank of the US (Exim Bank), is set to work closely with state governments in India for financing renewable energy projects. Of late, states have shown great intent in the segment. Therefore, US Exim Bank would work both at the state and the national levels,...

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Subject Tags: bank , energy

NSL Renewable Power raises $30M from Asian Development Bank

By : Sustainability ..., May 3, 2013

NSL Renewable Power Pvt Ltd (NRPPL), a part of the Hyderabad-based NSL Group, has signed an agreement with the Asian Development Bank (ADB) to raise $30 million. NRPPL has recently raised $60 million from a consortium including private equity and strategic investors....

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Bankers sensitised on solar energy schemes

By : Sustainability ..., Feb 20, 2013

With the intention of sensitising bankers in the district on financing various solar energy schemes, Canara Bank - the lead bank of the district here organised a one-day workshop for them. The workshop titled 'Financing Solar Energy Products and Services' was attended...

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Subject Tags: bank , energy

Bilateral Carbon Trade Surged Last Year, World Bank Says

By : Sustainability ..., May 31, 2012

The value of bilateral carbon trading surged 15 percent last year after thefts of European Union emission allowances suspended prompt trading on exchanges, the World Bank said.

EU greenhouse-gas trades that didn’t involve exchanges or brokers surged to $17.3 billion,...

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Global carbon market value hits record $176 billion

By : Sustainability ..., May 31, 2012

Carbon market trading rose 11 percent to a record value of $176 billion in 2011 as an increase in secondary trading volumes offset lower prices and slowing economies, the World Bank said on Wednesday.

Companies and governments are turning to emissions trading as a tool...

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Goldman sets $40 bln clean energy investment plan

By : Sustainability ..., May 23, 2012

Goldman Sachs Group Inc plans to channel investments totaling $40 billion over the next decade into renewable energy projects, an area the investment bank called one of the biggest profit opportunities since its economists got excited about emerging markets in 2001.


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ICICI Bank to get $100-m credit line from ADB for energy projects

By : Anonymous, Mar 31, 2012

The Asian Development Bank will provide a $100-million credit line to ICICI Bank to fund renewable energy and energy efficiency projects.

The central bank's board approved the sanction on Wednesday.

The credit will be available to projects identified by the ADB...

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World Bank keen to partner Orissa in mining, agro sector

By : Anonymous, Mar 30, 2012

The World Bank has identified water management, environment, mining, natural resources, agro business and social sustainability as the areas of future cooperation with Orissa as it looks to step up knowledge and financial support to bolster its two-decade long partnership...

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Green investment bank 'must operate commercially'

By : sustainabilityo..., Mar 22, 2011

The government is putting the UK's fledgling green economy at risk by downgrading the "green investment bank" to a mere fund, MPs have warned in a scathing report on the plans.

If the bank is to succeed in directing billions of needed investment into green projects...

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KfW earmarks 800mn euros for India renewable energy projects

By : sustainabilityo..., Feb 21, 2011

German government-owned development bank KfW plans to lend 800 million euros in the 2011-12 calender year to finance various renewable energy projects in India.
"We have already financed around 1.5 billion euros in the energy sector in India. In addition to this, we...

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Subject Tags: bank , energy , KfW , Technology