The European Investment Bank (EIB) is considering loans totalling €96m for two solar projects in India with a combined capacity of 243MW. One project, which will cost €106m in total,Continue Reading
Rural Electrification Corp. (REC), a state-owned backer of India’s power sector, a non-banking financial company is aiming to triple its clean-energy lending and is expecting to set aside nearly Rs10,000Continue Reading
Macquarie Group Ltd, Australian financial services major, has reached an agreement to buy 330 MW of solar power plants in India from Hindustan Powerprojects Pvt Ltd Two people familiar with theContinue Reading
Providing a major impetus to CII- IGBC’s (Indian Green Building Council) efforts in greening of Indian Data Centres, ICICI Bank Data Centre in Hyderabad gained the unique distinction of becomingContinue Reading
Ministry of new and renewable energy (MNRE) has decided to give custom and excise duty benefits for ensuring high growth in solar rooftop sector. In its order dated 11 AprilContinue Reading
India’s IL&FS Energy has appointed GE’s energy consulting division to investigate integrated wind, solar and storage projects in the Andhra Pradesh and Gujarat regions. IL&FS managing director Sunil Wadhwa saidContinue Reading
Saudi Arabia wants 10 per cent of its electricity to come from renewable sources within six years as part of a transformation in its power sector, the energy minister saidContinue Reading
Indian-government owned aluminum major, National Aluminium Company (Nalco) will build renewable power plants with a combined capacity of 150MW in Odisha. An announcement in this regard was made by IndianContinue Reading
