Search

Home » CleanTech/ Renewable Energy

Category Archives: CleanTech/ Renewable Energy

Renewable energy no longer a niche to institutional investors

According to reports, institutional investors remain eager to put money to work on renewable energy projects even as U.S. President Donald Trump has vowed to revive their chief competitor: coal, financial executives said at a conference this week. “Five or six years ago, funds weren’t specifically targeting renewable investment; today it’s a key component of infrastructure investment,” said David Giordano, managing director and head of North American, Latin American and Asia Pacific investments at BlackRock, on the sidelines of the ... Read More »

IREDA awaits RBI nod to issue green masala bonds

According to reports, the Indian Renewable Energy Development Agency (IREDA) is waiting for the approval of the Reserve Bank of India to issue green masala bonds having a tenure of five years to raise close to $300 million, a source said. A masala bond is a rupee-denominated bond issued in the overseas market. A green bond is used to raise money to fund green projects. The central bank recently issued a new notification stating that all proposals for issuing masala bonds ... Read More »

India’s clean energy sector could create 300,000 new jobs by 2020: Study

According to reports, more than 300,000 new workers can be employed in wind and solar jobs and more than one million total employment opportunities can be created in achieving India’s ambitious clean energy goals to install 175 gigawatts (GW) of renewable power by 2022, said a study released on Wednesday. It highlighted that the solar and wind energy sectors employed more than 21,000 additional people across India in 2016-17 while an additional 25,000 people will be employed over the coming ... Read More »

‘Over the next decade solar cost will come down by 60 per cent’

According to reports, as the Director-General of the Abu Dhabi-headquartered International Renewable Energy Agency (IRENA) since its inception in 2011, Adnan Z Amin, is an authority on renewable energy economics. BusinessLine grabbed the Kenyan economist for a chat on the sidelines of the 8th Clean Energy Ministerial, Beijing, that took place on June 8. A keen observer of India’s tryst with renewable energy, Amin makes certain oblique references to the re-opening of power purchase agreements in India after they are ... Read More »

Why India’s smart grid infrastructure is integral for power sector

According to reports, globally, the digital revolution has increased need for electricity with greater reliability and better quality than is typically delivered through conventional power distribution systems. As more manufacturing processes and service industries become dependent on digital services, the requirement for high security, quality, reliability, and availability of an electric power supply will only go up. India’s existing infrastructure has been designed for large conventional sources of energy that involves manual intervention and oversight. However, with the government’s thrust ... Read More »

Indian Energy Exchange files IPO papers with Sebi

According to reports, Indian Energy Exchange (IEX) Ltd has filed draft papers with capital markets regulator Sebi to float an initial public offering (IPO). The IPO will see sale of 6,065,009 equity shares by existing shareholders including Tata Power Company Ltd, Aditya Birla Group’s private equity arm , Madison India Capital and Renuka Ramnath-led Multiples Alternate Asset Management Pvt Ltd. Besides, AF Holdings, Kiran Vyapar Ltd, Golden Oak (Mauritius) Ltd and IEX’s former chief executive Jayant Deo would offload shares ... Read More »

Clean energy firm Acme Group appoints banks to raise capital via InvIT

According to reports, Delhi-based renewable energy firm Acme Group has appointed two investment banks as it starts work on a plan to raise money via an infrastructure investment trust (InvIT), according to four people aware of the development. InvITs are trusts that manage income-generating infrastructure assets, offering investors regular yields and a liquid way to invest in infrastructure projects. “Acme has appointed investment banks Citigroup and Axis Capital Ltd to begin work on its InvIT plans. It also plans to ... Read More »

Scroll To Top