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India tops clean energy investment rankings among emerging markets

By : Sustainability ..., Jan 24, 2020

In a first, India has topped the clean energy investment rankings among 104 emerging markets worldwide in a BloombergNEF survey. In the top five, followed by India, were Chile, Brazil, China, and Kenya. The survey evaluated the ability of the emerging markets to attract...

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India needs $2.64-trn investment to meet UN's Sustainable Development Goals

By : Sustainability ..., Jan 22, 2020

India needs a whopping $2.64 trillion investment to meet the UN's sustainable development goals (SDGs), offering the private sector an investment opportunity of over $1.12 trillion by 2030, according to a report. According to the Standard Chartered SDG Investment Map, the...

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Six more waste-to-energy plants soon: Kerala CM

By : Sustainability ..., Jan 8, 2020

Chief minister Pinarayi Vijayan here on Monday said that state government plans to construct centralized Waste to Energy (WtE) plants in six more districts in the state. Addressing the gathering after the work inauguration of the Rs 250 crore WtE plant at Njeliyanparamba, he...

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Brookfield in talks to invest $800 million in ReNew Power

By : Sustainability ..., Nov 11, 2019

Canadian asset management firm Brookfield is in talks to invest $800 million in India’s largest green energy company ReNew Power, said two people familiar with the development. Brookfield, which is currently conducting due diligence, would be providing partial exit to Goldman...

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Biomass-based Energy firm Punjab Renewable Energy Systems gets Rs 55 Cr from Shell

By : Sustainability ..., Aug 29, 2019

Biomass-based energy firm Punjab Renewable Energy Systems Pvt Ltd (PRESPL) on Wednesday said it has raised Rs 55 crore in private equity investment from Shell, a British-Dutch oil and gas company. “With this fund investment by Shell, the ‘Series-B’ round of PRESPL stands...

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IEA signs MoU to bolster energy efforts in India

By : Sustainability ..., Jul 30, 2019

The International Energy Agency’s Executive Director, Dr Fatih Birol, signed a memorandum of understanding (MoU) with The Energy & Resources Institute (TERI) this month to strengthen...

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Budget 2019: Infrastructure, Renewable Sectors Seek Investment Boost

By : Sustainability ..., Jun 14, 2019

Representatives of the infrastructure and climate change sectors put forth Thursday their budget proposals to Finance Minister Nirmala Sitharaman, who will present the full Union Budget 2019 on...

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ISA delegation to explore Cochin airport's solar power project as success model

By : Sustainability ..., May 21, 2019

The solar power project by Cochin International Airport Limited (Cial) may soon be a model for similar projects around the world. As part of International Solar Alliance (ISA)’s initiative to...

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UK Climate Investments invests ₹275 crore in CleanMax Solar

By : Sustainability ..., Apr 24, 2019

CleanMax Solar, which provides renewable energy to companies, on Tuesday said that it has raised ₹275 crore in equity funding from UK Climate Investments LLP (UKCI). ...

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Indian bank commits US$83 million to utility-scale solar in DRC

By : Sustainability ..., Mar 22, 2019

India’s Export-Import Bank (Exim) is to support the rollout of utility-scale solar in the Democratic Republic of Congo (DRC) through a multi-million debt package. ...

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