India, US set up Rs 50 crore fund on clean energy solutions

India and the US on Tuesday inked a MoU for establishing the PACEsetter Fund, a new joint Rs 50 crore ($7.9 million) fund to...
Cracked earth marks a dried-up area near a wind turbine used to generate electricity at a wind farm in Guazhou, 950km (590 miles) northwest of Lanzhou, Gansu Province

Green Climate Fund to announce India project soon

The first accredited Indian entity that will get access to Green Climate Fund's (GCF) resources to undertake clean energy projects in the country is...
Pattern Energy acquires two projects

Pattern Energy adds six projects to ROFO list

Pattern Energy has added four wind power and two solar photovoltaic projects to its Right of First Offer (ROFO) list. The six projects have total...

SunEdison to launch power purchase agreement product

SunEdison is set to launch a power purchase agreement product across seven US states. And the initiative is to be financed by Morgan Stanley...
Renewable energy attractiveness index

Renewable energy comprised 59 pc capacity added to power industry in 2014

Last year, 59 percent of capacity addition in the global power industry came from renewable energy. Also, the number of countries with renewable energy...
Smart building

India needs to invest more in smart building technologies

The government, building owners and service providers need to invest more in smart building technologies to better serve India's rapidly urbanizing population and help...

SoftBank keen to invest in renewable energy in Andhra

Japan's SoftBank Corp on Tuesday said it is keen to invest in solar and wind power projects in Andhra Pradesh. SoftBank founder and CEO Masayoshi...
Clean energy investment

World Bank arm invests $35 mn in PFS India for clean energy

The International Finance Corp (IFC), the private financing arm of the World Bank, on Wednesday said it has subscribed to $35 million worth of...
Clean energy in US

US announces $4 billion fund for clean energy

The U.S. today announced $4 billion funding for clean energy at the Clean Energy Investment Summit at the White House. The proposed $4 billion funding...
IKEA solar power project

IKEA announces 1-bn-euro fund for RE projects, climate-hit communities

IKEA Group and IKEA Foundation have together announced a 1-billion-euro fund to develop renewable energy projects and to support communities affected by climate change. While...




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