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German, Japanese Banks to Offer $630 Million in Renewable Energy Loans to India

By : Aparna Khandelwal, Jan 10, 2011

The Indian Renewable Energy Development Agency (IREDA) will soon enter agreements with banks in Germany and Japan to access over $630 million to be used for the promotion of renewable energy projects in India.

IREDA is one of the nodal agencies that provides monetary...

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Subject Tags: energy , Politics , Technology

India speeds up solar energy development

By : sustainabilityo..., Jan 4, 2011

Given India's dynamic economy and rising energy needs, the government is promoting solar power.

Within the next two years, Indian power plants will bring an additional 1,100 megawatts online, of which 184 megawatts will be supplied by solar power and...

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Subject Tags: energy , Politics , Technology

Unwarranted pessimism on Indian solar PV

By : Aparna Khandelwal, Dec 31, 2010

A closer look at the Solar PV feed-in-tarrifs in India and that of the global PV leaders points to the fact that the Indian industry is well positioned; and cost of capital which represents the key hurdle is being addressed.

There exists skepticism regarding India’s...

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DuPont expands sustainable solutions capabilities and emerging markets reach by signing agreement

By : sustainabilityo..., Dec 30, 2010

DuPont has signed a definitive agreement to acquire MECS, Inc., from affiliates of American Securities LLC, advancing the company's capabilities to deliver sustainable solutions and further expand its reach in emerging markets. The acquisition will expand the DuPont clean...

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TN to come out with action plan on climate change

By : sustainabilityo..., Dec 27, 2010

The Tamil Nadu government plans to come out with an action plan on climate change on the lines of the National Action Plan for Climate Change (NAPCC) to promote renewable energy in the state. Besides, Tamil Nadu Electricity Regulatory Commission (TNERC) has set up a renewable...

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Subject Tags: energy , Politics , Tamil Nadu

First-Time Solar Producers May Imperil Indian Projects

By : sustainabilityo..., Dec 23, 2010

India’s first solar auction, planned to boost clean energy in the world’s fourth-biggest polluter, may risk failure after winners were selected without experience or proof that they can keep projects afloat earning low margins.

A woolen yarn maker, an animation company...

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Subject Tags: Politics , Technology

Indian investors snap up resources opportunities

By : sustainabilityo..., Dec 22, 2010

Hyderabad energy and construction tycoon L. Madhusudhan Rao is the latest in a line of Indian investors to snap up Australian mining assets as the battle for global resources intensifies between China, India and other fast-developing economies.

Rao, 44, is executive...

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India's NHPC Plans 20 Hydropower Projects, $5.6 Billion Investment in Myanmar

By : sustainabilityo..., Dec 20, 2010

India's NHPC Limited (BSE:533098) (New Delhi), the government-owned hydropower generator, is planning 20 hydropower projects with an aggregate generating capacity of 12,466 megawatts (MW) to be constructed in the country between 2012 and 2017. These projects will be in...

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Subject Tags: NHPC Ltd , Politics

Solairedirect to raise Rs 300 cr debt for solar projects in India

By : sustainabilityo..., Dec 19, 2010

Solairedirect, France’s second largest solar power company, plans to raise around Rs 300 crore in rupee denominated loans over the next six months to fund its project target of roughly 25 mega watt (mw) of solar power projects in India in the financial year 2011-12.

...

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Northern Lights sets sights on Indian clean tech investment

By : sustainabilityo..., Dec 17, 2010

US asset manager to plough undisclosed figure in Nereus Capital Group, saying India is "one of the most attractive places to deploy private equity capital". US asset manager Northern Lights Capital Group has invested in Nereus Capital Group to help finance green energy...

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