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IFC Invests in BT Leasing to Boost Sustainable Energy Finance in Romania

IFC is providing EUR 18.5 million in financing to BT Leasing to increase access to finance for SMEs and sustainable energy projects in Romania The International Finance Corporation (IFC), a member of the World Bank Group, is providing EUR 18.5 million in financing to BT Leasing Transilvania to increase access to finance for small and […]

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Electric Pickup Truck Startup Rivian Closes $1.3 Billion Funding Round

Rivian has announced that it has closed a funding round of USD 1.3 billion. The financing was led by funds and accounts advised by T. Rowe Price. Michigan-based electric pickup truck startup Rivian has announced that it has closed an investment/ funding round of USD 1.3 billion. The financing was led by funds and accounts […]

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Solar Provider Group Plans to Invest $250 mn in Brazilian Solar Market

Solar Provider Group has arranged a team to enter the Brazilian solar market with the goal to complete investments worth $250 million over the next 5 years Canada-based Solar Provider Group (SPG) has announced that it has arranged a team to enter the Brazilian solar market with the goal to complete investments totaling USD 250 […]

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Vector Green In The Big League With Rattan India’s Renewables Acquisition

Mumbai-based Vector Green Energy Private Limited, now owned by the US based Global Infrastructure Partners (GIP), a global infrastructure investor with over $60 billion in assets worldwide, has formally entered the big league with the completion of its latest acquisition of about 275 MW pf solar assets belonging to Rattan India.. The firm, a wholly […]

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EIB Chief Slams Automakers for Slow Response to Climate Change

EIB Chief has sharply criticised industrial companies for reacting too slowly to climate change, saying some bosses had been “asleep at the wheel”. The president of the European Investment Bank, the EU’s lending arm, has sharply criticised industrial companies for reacting too slowly to climate change, saying some bosses had been “asleep at the wheel”. In […]

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Indian Army Distributes Solar Lanterns in J&K’s Rajouri District

As part of ‘Operation Goodwill’, the Indian Army has distributed solar rechargeable lanterns in a remote village of Rajouri district in Jammu and Kashmir As part of ‘Operation Goodwill’, the Indian Army has distributed solar rechargeable lanterns in a remote village of Rajouri district in Jammu and Kashmir (J&K), a defence spokesman has informed. The lanterns were distributed in Kheta Basha […]

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Corporate Renewable PPAs in India to Drop by a Third in 2019: Report

A new report has predicted that in India the annual corporate PPA renewable additions in 2019 will be about 30-35 percent lower than installations in 2018 A new report has revealed that India was the second-largest growth market for corporate renewable Power Purchase Agreements (PPAs) after the US in 2018, with an addition of 1.6 […]

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Chattisgarh Issues Tariff Regulations for Renewable Energy Projects

CSERC has issued the regulations for determining tariff for renewable energy sources for the purpose of sale of power to Discoms in Chattisgarh The Chattisgarh State Electricity Regulatory Commission (CSERC) has issued the regulations specifying the terms and conditions of tariff for renewable energy sources for the purpose of sale of power to Discoms in […]

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TERI Tenders for Battery Energy Storage Systems in Delhi

TERI has issued a tender for the commissioning of Battery Energy Storage Systems on turnkey basis under the UI-ASSIST initiative with BRPL in Delhi The Energy and Resources Institute (TERI) has issued a tender for the commissioning of Battery Energy Storage Systems (BESS) on turnkey basis under the UI-ASSIST initiative with the BSES Rajdhani (BRPL) […]

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