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IFC Mulls Rs 100 cr Investment in CleanMax to Fund 250 MW of Solar Power Projects

CleanMax Enviro Energy Solutions could receive Rs 100 crore to commission more than 250 MW of solar power projects. International Finance Corp, the private sector investment arm of the World Bank, could invest about Rs 100 crore in renewable energy company CleanMax Enviro Energy Solutions, one of the largest solar power solutions providers in India. […]

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Odisha Needs Rs 13500 crore Investments in Renewable Energy by 2022

The state government of Odisha has envisaged a renewable energy capacity of 2750 MW by 2022 As Odisha bets big on renewable energy sources to meet its power requirement in the future, it needs an investment of Rs 13,500 crore by 2022, according to the estimates of KPMG. The KPMG analysis is based on the […]

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Cherrytree Group Announces Solar Power Investment Fund

Cherrytree teamed with Durham, New Hampshire developer Golden Goose Renewables to create the fund, which invested in three new utility-scale solar power facilities The closing of an individual investor tax credit fund dedicated to commercial solar power generation projects was announced by Cherrytree Group, a Newton, Massachusetts tax credit advisory firm. Cherrytree teamed with Durham, […]

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China takes Global Lead in Renewable Energy Investments

China’s overseas investment in renewable energy projects jumped last year by 60 percent to a record $32 billion (30 billion euros), marking its leadership in the global market for clean energy, as reported on IEEFA. In 2016, China finalized 11 foreign deals worth more than a billion dollars each, and is expected to pick up […]

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Hero Future Energies Raises USD 125 Million from World Bank’s private investment arm to fund RE projects

HFE signed an agreement with IFC for the investment, the proceeds of which will be used to fund the construction of wind  and solar power plants Hero Future Energies (HFE) has raised US$ 125 million in equity infusion from International Finance Corporation (IFC), the World Bank’s private investment arm.  HFE signed an agreement with IFC […]

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Century Holdings forms a new Green Energy team to focus on investments into renewables

Century Holdings’ Green Energy team will focus on investments into renewables, starting with solar power Century Holdings has announced that it has formed a new Green Energy team that will focus on investments into renewables, starting with solar power. The company recently secured the SpaceX IPO, continues to support Elon Musk’s ambitions by creating the […]

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D. E. Shaw Renewable Investments acquires and commences Construction of 52 MW Solar Farm in Mississippi

D.E. Shaw Renewable Investments (DESRI) has acquired the Mississippi Solar 2 project from Origis DevCo Inc. (Origis). The project is a 52 MWAC solar power facility located three miles away from the town of Sumrall in Lamar County, Mississippi. DESRI has announced that soon after the acquisition it has started construction of the project, which […]

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Will surpass $10 billion investment commitment for India in solar and Internet-led businesses: Softbank

Positive on India’s prospects, Japan’s SoftBank today pledged that it will “surpass” the stated commitment of investing $ 10 billion in the country as it ramps up investments in solar power generation and Internet-led businesses. “We have already invested $ 2 billion in last few years, and we will surpass my commitment of investing $10 […]

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Russian Billionaire Businesswoman Expands Investment Into Renewable Energy

Australia based Inteco Beteiligungs GmbH, owned by Russian billionaire businesswoman and philanthropist Yelena Baturina, continues the expansion of a project to generate, use and market renewable energy in Europe. In October, Inteco completed the acquisition of a solar park near the city of Farsala in Greece. According to industry experts energy produced by the solar park in […]

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