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Sustainable Energy

IFC Raises $569 mn From 1st Canadian Green Bond

IFC has issued its 1st Canadian dollar green bond, raising USD 569 million for climate-smart business. The International Finance Corporation (IFC), a member of the World Bank Group, has issued its first Canadian dollar green bond, attracting strong investor demand and raising CAD750 million (USD 569 million) for climate-smart business. The proceeds of the five-year […]

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Solar Leads as RE Investment Skyrocket Past $2.5 Trillion

In the last ten years, the investments in the renewable energy sector have crossed the threshold of 2.5 Trillion dollars with solar at the top. The decade of investment (2010‐2019) quadruples renewables capacity from 414 GW to about 1,650 GW Solar capacity alone will have risen to more than 26 times the 2009 level — […]

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Tata Chemicals Launches Li-ion Battery Recycling Operations

Tata Chemicals has announced the launch of its Li-ion battery recycling plant for the commercial recovery of cathode active materials from spent batteries. One of the largest chemical companies in the India, Tata Chemicals a subsidiary of the Tata Group Conglomerate, which works in the chemicals, crop nutrition and consumer products field has announced the […]

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ADB Pledges $12 bn to India’s New Flagship Initiatives

ADB President, Takehiko Nakao recently met with Narendra Modi and pledged to support the government’s new flagship initiatives led by the Prime Minister. Asian Development Bank (ADB) President, Takehiko Nakao recently met with Prime Minister Narendra Modi and pledged to support the government’s new flagship initiatives led by the Prime Minister. Modi and Nakao discussed […]

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Raymond Group goes solar with Waaree Energies’ Group Captive Solution

Waaree Energies has associated with Raymond Group to provide open access solar solutions in Maharashtra. Waaree Energies, one of India’s largest solar PV manufacturer and a leading EPC player has associated with Raymond Group, a leader in the fashion retailing space, to provide open access solar solution in Ahmednagar, Maharashtra. With a capacity of 2.5 […]

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EV’s Have Charmed The Government – Will The Markets Follow?

On July 5, when Finance Minister Nirmala Sitharaman rose to present the Union budget for 2019, expectations were somewhat muted in the understanding that with an interim budget already presented, there was little scope for big announcements. As it turned out, the minister did make a few announcements on the taxation front as well as […]

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South Carolina’s Largest Solar Project Begins Operation

Cubico and Cypress Creek have announced the successful energisation of 106 MW Palmetto Plains, South Carolina’s largest solar project in operation. Cubico Sustainable Investments, a global investor in renewable energy backed by two of Canada’s largest pension funds, and Cypress Creek Renewables, a leading national solar and storage company, recently announced the successful energisation of […]

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Tata Power-DDL, IFC Collaborate to Assess Battery Storage Demand

The motive behind the move is to ensure sustainable and reliable power distribution and to formulate a business model for storage deployment in distribution utilities. Tata Power Delhi Distribution Ltd (Tata Power-DDL), a distribution arm of Tata Power, has entered into an agreement with International Finance Corporation (IFC), a member of the World Bank Group, […]

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Maharashtra Tenders for 3.6 MW Solar Plants at Various Water Treatment Plants

MEDA has issued a tender for 3.6 MW solar PV systems to be installed at various existing water lifting and water plants in Maharashtra under RESCO model. The Maharashtra Energy Development Agency (MEDA) has issued a tender for the implementation of cumulative capacity of 3.658 MW grid-connected rooftop/ ground-mounted solar PV systems to be installed […]

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