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Solar Loans Firm Goodleap Announces 15th Securitisation of Its Loans

GoodLeap, LLC, a leading digital marketplace for sustainable home solutions in the US has announced the closing of GoodLeap Sustainable Home Solutions Trust 2022-4, the 15th securitization of loans originated by GoodLeap. Lime Residential, Ltd. (a Credit Suisse affiliate) sponsored the transaction and Credit Suisse Securities (USA) LLC, Citigroup Global Markets Inc., and Goldman Sachs & […]

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PM Modi Envisages Gujarat as World’s Biggest Green Hydrogen Destination

Gujarat is poised to become the world’s biggest green hydrogen hub. Headed towards this goal, the State will ring in investments worth Rs 8-10 lakh crore globally. These investments will be made towards the development of green hydrogen and its ecosystem. These announcements were made by Prime Minister Narendra Modi at a rally in Bhavnagar. […]

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CERC Quashes Avaada’s Plea for Extension of LTA Operationalisation Date

The Petitioners, Avaada Energy Private Limited (AEPL) and Avaada Sustainable RJ Project Private Limited (ASRJPPL), Petitioner have filed petitions against Central Transmission Utility of India Limited (CTUIL) to extend the start date of Long Term Access (LTA) granted to AEPL from 23.8.2021 to 12.5.2022. AEPL has stated that as per its letter dated 10.1.2022, it […]

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IEA Report: Advancing Decarbonisation Through Clean Electricity Procurement

A study entitled “Advancing Decarbonisation through Clean Electricity Procurement” has been released by the IEA (International Energy Agency). In recent years, a lot more businesses have made commitments to use clean energy, and many of them have set specific targets to satisfy all or part of their electrical needs with clean energy. These objectives may […]

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ISA Decides On Solar Facility To Expedite Funding

In its fifth general assembly, International Solar Alliance (ISA) has approved the creation of a ‘Solar Facility’ which will be a financial instrument to encourage investments in solar energy through insurance funds and payment guarantee. Readers will recall that a key mandate of the ISA itself was to enable financing for solar in developing countries. […]

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France’s CMA CGM Creates Special Fund for Shipping Decarbonisation

French shipping conglomerate CMA CGM Group is creating a Special Fund for Energies which is backed by a five-year $1.5 billion budget to accelerate its energy transition and achieve net-zero carbon by 2050. The official statement of CMA CGM revealed that the special fund will invest to support the industrial production of new fuels, as […]

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Offshore Wind Market Player Magnora Gets Authorisation To Develop Solar Project In South Africa

Norway-based renewable energy player Magnora ASA has announced that one of its solar power projects in South Africa has been granted environmental authorization, which it claims to be a major milestone for the project. According to the official statement of Magnora, the approved solar project will have a total installed capacity of approximately 260 MW […]

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Two Indian Agri-energy Organisations Make It To Shortlist For Ashden Awards

The Collectives for Integrated Livelihoods Initiatives and Oorja Development Solutions, trailblazing agri-energy organisations working with smallholder farmers in India, have made it to the shortlist for Ashden Awards. This year the awards received 148 applications from across the world. A release by Ashden says, “The Indian initiatives include Collectives for Integrated Livelihoods Initiatives helping tribal […]

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