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energy investments

COVER STORY: Increased Govt Thrust Set To Give Rooftop Solar Financing A Fillip

Days after the announcement of PM Suryodaya Yojana on January 22, its impact was felt in different parts of the country. Several states, ministries, energy regulators and companies seem to be in a race to enable faster adoption of rooftop solar.  Union Minister for New and Renewable Energy already announced increasing subsidies for residential rooftop […]

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Singapore, UK, Mauritius, UAE Biggest Solar Investors In India: R.K Singh

The union minister of new and renewable energy, R.K Singh shared details of the solar investment received within the by India in the last three years i.e., from 2020 – September 2023. He stated, “Indian solar sector has received 3860.158 million investments through foreign direct investment (FDI) within the country till 30th September 2023.”   India […]

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Inox Wind Signs Pact For India’s Single Largest 1500 MW Order from CESC

Indian wind energy company Inox Wind Limited (IWL) announced today that it has entered into a binding framework agreement with CESC Limited, one of the largest power utilities in India, for the installation/supplies of 1,500 MW of wind capacity over the next 3-4 years. The deal is for IWL’s latest DF/3000/145 Wind Turbine Generators (WTGs), […]

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Toyota Brings Battery Electric Vehicle Production To Kentucky

Toyota announced a $1.3 billion investment at its Kentucky facility for future electrification efforts including assembly of an all-new, three row battery electric Sport Utility Vehicle (SUV) for the United States (US) market. The project brought the plant’s total investment to nearly $10 billion and reinforced Toyota’s commitment to high-quality vehicles and long-term job stability. […]

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IFC, SIMA Invest $150 mn In Green Bonds For Solar Projects In Africa

International Financial Corporation (IFC), a member of the World Bank Group (WBG), in partnership with Social Investment Managers and Advisors LLC (SIMA Funds or SIMA) and other financiers, has reached the first close of a $150 million solar green bond, which expected to finance productive-use solar projects throughout Africa. The bond is expected to finance […]

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The Pushback Against China’s Dominance In Solar Manufacturing

Close on the heels of the European Solar Manufacturing Council (ESMC) virtually putting up its hands on the future of solar manufacturers in the continent comes news of US senators urging the Biden Administration to take action against ‘cheap” Chinese imports as well. The same Chinese imports have actually made solar more accessible and viable […]

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Second ‘Brookfield Global Transition Fund’ Begins With $10 Billion

Brookfield Asset Management has secured $10 billion in the initial closing of the second installment of the Brookfield Global Transition Fund (BGTF II), encompassing both fund commitments and strategic capital from its investor network. Leading the helm of BGTF II are Mark Carney and Connor Teskey (pictured), jointly focusing on investments aimed at hastening the […]

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Octopus Grabs 199-MW Solar Portfolio from Statkraft Ireland

Octopus Renewables Infrastructure Trust (ORIT) has announced that it finalized the acquisition of four newly-built solar farms situated in close proximity to Dublin, Ireland. The four solar installations collectively boast a capacity of 199MW and were procured from Statkraft Ireland, the developer, and constructor of the projects, overseen by ORIT. With this acquisition, ORIT’s portfolio […]

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