low-carbon

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World Bank Approves $1.5 Billion to Accelerate Low-Carbon Energy in India

The World Bank has approved $1.5 billion in financing to bolster India’s efforts in developing low-carbon energy. The initiative, part of the second low-carbon...

July 1, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Indian Oil to Set Up Subsidiary to Deploy 1 GW Renewable Energy Projects

Indian Oil Corporation (IOCL) has decided to form a wholly-owned subsidiary to undertake low-carbon, clean, and green energy businesses with an equity investment of ₹13....

May 3, 2024

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Staff

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Renewable Energy
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Project Finance Brief: Deriva Energy Acquires 140 MW Solar Project

From: Mercom Capital Group Deriva Energy, an independent renewable energy developer, announced the acquisition of a 140 MW solar project in Las Animas County, Colo. The...

January 31, 2024

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Staff

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Finance and M&A

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Other
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Government to Finance 30% of Green Shipping Project Cost

The Ministry of Ports, Shipping, and Waterways (MoPSW) will bear 30% of the cost for green shipping initiatives to accelerate the green transition in the Indian shipping...

May 23, 2023

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Arjun Joshi

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Market & Policy

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Other
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UK Mulls Introducing Sustainability Weightage for Renewable Project Bids

The UK government will introduce non-price factors in its Contracts for Difference (CfD) program for renewable energy projects as a major shift from the cost-only model...

April 18, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Low-Carbon Energy Tech Investment Exceeds $1 Trillion for First Time Globally

Investments in the low-carbon energy transition have accounted for a record-breaking $1.1 trillion in 2022 and have reached parity with capital deployed for fossil fuel...

January 27, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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India Announces Long-Term Low-Carbon Development Strategy at COP27

At the UN Climate Change Conference (COP27) in Egypt, India unveiled a multi-pronged strategy to achieve low-carbon growth, which includes expanding and stabilizing the...

November 17, 2022

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Gautamee Hazarika

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Other

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Renewable Energy
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BlackRock Raises $4.5 Billion for Clean Energy Focused-Infrastructure Fund

Asset management firm BlackRock has raised $4.5 billion in its initial investor commitments for a new fund to invest in climate and clean energy-focused projects. The...

October 26, 2022

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Satish Shetty

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Finance and M&A

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Other

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Renewable Energy
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Singapore’s EMA and Keppel Sign $10 Million MoU for Green Innovations in Marine Sector

Singapore’s Energy Market Authority (EMA) and Keppel Offshore & Marine (Keppel O&M) have announced that they have signed a memorandum of understanding...

April 26, 2020

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Nithin Thomas

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Other

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Other Energy

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