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ESG

GoodLeap Securitizes $467 Million Residential Solar Loan

Leading American Solar loan provider GoodLeap (formerly Loanpal), announced on May 23 the closure of GoodLeap Sustainable Home Solutions Trust 2022-2 following the securitisation of residential solar loans worth $467 million to approximately 11,000 homeowners. Originated on the GoodLeap platform, the securitization was underwritten by Credit Suisse and Goldman Sachs. Tanguy Serra, GoodLeap’s President and […]

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Ireland Auctions 80 New Wind And Solar Projects

Ireland recently auctioned 80 new wind and solar projects amounting to 1.9 GW. Chosen from among 130 renewable energy projects, the 80 new projects were awarded in Ireland’s latest Renewable Energy Support Scheme (RESS 2) auction. Submitted to the auction, 50 projects failed to qualify for state support in spite of totaling 998 MW of […]

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Assistant Manager – Sustainability & Climate Change

The Group has identified sustainability and broader elements of ESG as a priority in the next phase of its growth. The Group sustainability function will focus on group level policies, processes and guidelines, education, capacity building, quality and governance of ESG-related issues, identification of Group level ESG ambitions, its linkages to corporate brand and advising […]

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Developing Economies Such As India Can Have Climate Resilient Energy Independence

Developing economies such as India have an enormous opportunity to build energy independence and grow in a climate resilient manner, in the process creating a thriving corporate sector that best leverages these increasingly prominent global financial capital market priorities, and funding capacities, a new report released on Tuesday said. As one of the fastest growing […]

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Iberdrola signs its largest green loan worth €1 B with Banco Santander

Spanish electric utility Iberdrola has signed its largest green loan with Banco Santander for an amount of €1 billion, which in turn is backed by an Export Credit Agency (ECA), said the company. The loan has a maximum term of 15 years.The funds will be used mainly to finance Iberdrola’s orders to suppliers of turbines […]

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Sustainable funds see Rs 315 cr outflow in FY21-22

Investors are yet to warm up to the concept of sustainable investing with sustainable or ESG (environmental, social, and governance) funds in India witnessing outflows of Rs 315 crore in 2021-22. This comes following a staggering inflow of Rs 4,884 crore in FY 2020-21. Prior to that, sustainable funds saw an infusion of over Rs […]

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ONGC Has a New Director (Finance), Pomila Jaspal

In a significant movement, ONGC Limited, the country’s premier oil and gas explorer has appointed a women to the top finance position in the firm for the first time. Pomila Jaspal, who joins Alka Mittal, the acting chairperson as well as Director (HR) at the Rs 68,000 crore (FY 2021) behemoth. Jaspal has been a […]

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Tesla, Block and Blockstream to mine bitcoin off solar power in Texas

Electric-vehicle maker Tesla Inc, payments firm Block Inc and blockchain company Blockstream Corp will collaborate to mine bitcoin using solar power in Texas, Blockstream CEO Adam Back said on Friday. Blockstream and Block, which was previously known as Square, had revealed in June that they were collaborating to build an open-source and solar-powered bitcoin mining […]

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In Conversation with Nitin Gupta, Co-Founder, Attero Recycling

As the EV transition picks up pace, India’s progress will depend on the availability of Lithium-Ion batteries, and their cost. It’s a challenge for a country wholly dependent on imports for now, a dependence as crippling as our dependence on oil imports. Alive to the challange, the government floated a PLI scheme for battery manufacturing, […]

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