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Hero Group & Azure Power Plan To Raise $500 Million Each Through Bond Sale

Hero Group’s renewable energy arm and Azure Power are gearing up to raise $1 billion by selling bonds to overseas investors over the next few weeks in separate offerings, according to people briefed on the matter. Both the Delhi-based green power rivals are looking raise $500 million each and have appointed investment banks to underwrite […]

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Global Renewables Agency IRENA gets a new Director-General

The International Renewable Energy Agency (IRENA) has announced that Francesco La Camera is the agency’s new director-general. Camera was earlier with the government in Italy, at the Italian Ministry of Environment, Land & Sea where he was the director-general of Sustainable Development, Environmental Damage and International Affairs. As the national coordinator for climate, environment, resource […]

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India, Maldives Exchange MoUs on Energy Efficiency

India and Maldives have signed one agreement and two MoU, including collaboration in the field of energy efficiency and renewable energy, in the presence of Sushma Swaraj and her Maldivian counterpart Abdulla Shahid. India and Maldives signed an agreement on the exemption from visa requirement for holders of diplomatic and official passports, while, the MoUs exchanged focused on Indian Grant Assistance for the implementation of High Impact Community Development Projects […]

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Saudi Arabia Signs Framework Agreement of ISA

Saudi Arabia has become the 73rd nation to sign the Framework Agreement of the International Solar Alliance. The agreement was inked during the official state visit of the Crown prince of Saudi Arabia, Royal Highness Muhammad bin Salman bin Abdul-Aziz Al Saad to India. The signed agreement was handed to ISA’s Director-General Upendra Tripathy in […]

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Argentina Signs Framework Agreement of ISA

Argentina has become the 72nd country to sign the Framework Agreement of the International Solar Alliance (ISA). The agreement was inked on the sidelines of the official three-day visit of Argentinian President Mauricio Macri to India by Argentina’s Foreign Minister Jorge Faurie in the presence of ISA’s Director-General Upendra Tripathy. “A new partner in the Alliance. Foreign […]

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Cabinet Gives Approval to India’s Approach for COP 24

The key focus of meeting was to finalize guidelines for implementation of Paris Agreement in post 2020 period. The Union Cabinet chaired by Prime Minister Narendra Modi has given its ex-post facto approval to the negotiating stand of India at the 24th Conference of Parties (COP) to the United Nations Framework Convention on Climate Change […]

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Harsh Vardhan Reiterates India’s Renewable Energy Commitments

He was at speaking at the inauguration of Indian Pavilion at the 24th meeting of Conference of Parties (COP-24) to the United Nations Framework Convention on Climate Change. Union Environment Minister Dr Harsh Vardhan reiterated India’s solar commitment and public awareness campaign launched by him called Green Good Deeds. He was at speaking at the […]

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Three Essential S’s of Climate Finance

The discussion paper finds serious concerns with the various numbers on climate finance reported by the developed countries. On the sidelines of COP 24 to UNFCCC in Poland, the Department of Economic Affairs has released a discussion paper entitled ‘3 Essential ‘S’s of Climate Finance – Scope, Scale and Speed: A Reflection’. The discussion paper examines […]

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Rising Global Temperature will Hit Countries like India Hard: Dr Harsh Vardhan

The Minister tweeted on the sidelines of the 24th meeting of Conference of Parties (COP-24) to the United Nations Framework Convention on Climate Change (UNFCCC). The Union Environment Minister, Dr Harsh Vardhan said that rising global temperature will hit countries like India hard. A 1.5C rise in global temp will impact disadvantaged and vulnerable sections […]

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