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L&T Infrastructure Finance Closes $100 Million ECB Loan From AIIB

L&T Infrastructure Finance has received the first tranche of 50 million dollars of the total 100 million external commercial borrowing loan from the AIIB. L&T Infrastructure Finance Company Ltd (LTIF) has received the first tranche of 50 million dollars of the total 100 million external commercial borrowing loan from the Asian Infrastructure Investment Bank (AIIB), […]

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ADGM Inks Partnership With IRENA to Promote Sustainable Finance

ADGM and IRENA have signed an MoU to signify their joint commitment to progressing sustainable finance across the UAE and the wider region. Abu Dhabi Global Market (ADGM), the award-winning international financial centre, and the International Renewable Energy Agency (IRENA), the lead intergovernmental agency for the energy transformation, have signed a Memorandum of understanding (MoU) […]

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Suzlon Posts Net Loss of Rs 834.22 Crore in March Quarter

Suzlon Energy has posted a consolidated net loss of Rs 834.22 crore for the March quarter mainly due to lower revenues and high finance cost. Wind turbine major Suzlon Energy has posted a consolidated net loss of Rs 834.22 crore for the March quarter mainly due to lower revenues and high finance cost. The consolidated net loss […]

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ADB Becomes Observer for the Network for Greening the Financial System

ADB has joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as an observer The Asian Development Bank (ADB) joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as an observer on June 23, 2020. NGFS, launched at the Paris One Planet Summit on December 12, 2017, […]

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Sunrun to Acquire Vivint Solar for Enterprise Value of $3.2 Billion

Sunrun and Vivint Solar have entered into a definitive agreement under which Sunrun will acquire Vivint Solar in an all-stock transaction Sunrun, a leading provider of residential solar, battery storage and energy services, and Vivint Solar, a leading full-service residential solar provider in the United States, have announced that the companies have entered into a […]

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Adani Transmission Acquires Alipurduar Transmission From Kalpataru

Adani Transmission has signed definitive agreements with Kalpataru Power Transmission Ltd for acquiring Alipurduar Transmission for around Rs 1,286 crore. Adani Transmission Ltd (ATL), one of India’s largest private sector power transmission companies, has signed definitive agreements with Kalpataru Power Transmission Ltd (KPTL) for acquiring Alipurduar Transmission Ltd in a manner consistent with Transmission Service Agreement and […]

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Odisha Targeting 1500 MW of Solar Generation Capacity by 2022

Odisha has decided to boost its share of renewable energy with the state government setting a new target of 1500 MW solar power capacity by 2022. The coastal state of Odisha has decided to boost its share of renewable energy with the state government setting a new target of achieving 1500 MW of solar power […]

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Duke Shelves ACP Plans, but Will Continue Investing in Renewables

Duke Energy has said it will continue advancing its ambitious clean energy goals without the Atlantic Coast Pipeline (ACP) by investing in renewables Duke Energy has said that the company will continue advancing its ambitious clean energy goals without the Atlantic Coast Pipeline (ACP) by investing in renewables, battery storage, energy efficiency programs and grid […]

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BSNL Tenders for Rooftop Solar Plants Across its Buildings in Maharashtra

BSNL has tendered for grid-connected rooftop based solar PV system scheme for BSNL Buildings in different zones of Maharashtra under the RESCO Model State-owned telecommunications company Bharat Sanchar Nigam Limited (BSNL), has issued a tender, inviting bids from eligible bidders for the implementation of grid-connected rooftop based solar PV system scheme for BSNL Buildings in […]

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