Finance Archives - Page 3 of 7

Climate Finance: RBI defines the framework for green deposits

May 31, 2023

To achieve climate-resilient economies, financial resources need to be directed towards environment-friendly projects and activities. Therefore, as green finance gains traction in the public and private sectors across global economies, the Reserve Bank of India […]

Asset Consolidation: NTPC transfers its renewable energy assets to NGEL

April 28, 2023

In a key development, NTPC Limited has closed the transactions for consolidating its renewable energy portfolio into one entity, NTPC Green Energy Limited (NGEL). This move aligns with NTPC’s plans to transfer its entire renewable […]

Renewable Energy InvITs: Experience in the Indian market

April 7, 2023

Asia is one of the fastest growing regions in the world, projected to require $6.35 trillion worth of infrastructure investments through 2030. Such rapid economic development will mean a significant increase in energy consumption, which […]

Sustainable Finance: Government concludes sovereign green bond sale of Rs 160 billion

March 7, 2023

To achieve its net zero goals, India is focusing on generating additional global financial resources. To lower the carbon emissions of the economy, the union budget for 2022-23 announced the issuance of sovereign green bonds […]

Financing Hydrogen Export Projects

February 17, 2023

This is an extract from a recent paper “Financing a world scale hydrogen export project” by Oxford Institute for Energy Studies which examines the financing of an ‘Archetype’ world scale hydrogen export project, where 1 […]

Boosting Bioenergy: Challenges and solutions for project financing

February 8, 2023

In recent times, meeting carbon neutrality targets has become a priority for many countries. This holds true for India as well, with the country committing to achieving net zero emissions by 2070. Bioenergy can play […]

Decarbonisation Goals: KKR to invest $400 million in Serentica Renewables

January 2, 2023

Serentica Renewables, the newly formed renewable energy platform of Sterlite Power Transmission Limited, has been making headlines since its launch. The company recently clinched significant investments from leading American global investment firm KKR. On November […]

Key Financings: Major debt and equity deals in 2022

December 9, 2022

India has set a target of deploying 500 GW of non-fossil fuel-based energy by 2030. According to the 21st report of the Standing Committee on Energy (2021-2022), India requires an additional investment of about Rs […]

Exploring Agrivoltaics: Benefits and cost economics of APV plants

November 1, 2022

By Sarthak Takyar Agrivoltaics or agri-PV (APV) in which agriculture and solar generation are done simultaneously, was earlier considered a niche concept, but it is now gaining popularity across the world. In India, its uptake […]

Changing Hands: Sector experiences a wave of M&A activity

September 23, 2022

With about 120 GW of renewable energy and 50 GW of hydropower installations, India is still far from achieving its target of 500 GW of fossil fuel-free power by 2030. At this rate, the country […]

Rising Investments: Renewable energy financing trends

September 7, 2022

Investment in the energy market is on the rise as the demand for electricity in the country is gradually recovering from the impact of the Covid-19 pandemic. Investments in the renewable energy sector witnessed an […]

IPO Route: Renewable energy companies go public to raise capital

August 9, 2022

The Indian renewable energy sector is witnessing unprecedented growth, creating new opportunities for small, medium and large organisations. Apart from the expansion of renewable energy capacity through solar, wind and other sources, there is a […]

Cost declines in 2021 may not be repeated for solar PV and wind power in 2022: IRENA

July 26, 2022

The International Renewable Energy Agency has released a new report titled “Renewable Power Generation Costs in 2021” which mentions in detail the cost trends of different renewable energy technologies. The report also mentions the impact of rising […]

Global new investment in renewables reached USD366 billion in 2021: REN21

July 4, 2022

This is an extract on global renewable energy financing trends from REN21’s recently released “The Renewables 2022 Global Status Report” Global new investment in renewable power and fuels (not including hydropower projects larger than 50 […]

Green Funding: BlackRock, Mubadala to invest in Tata Power Renewables

June 22, 2022

Tata Power has signed a binding agreement with a consortium comprising BlackRock Real Assets and Mubadala Investment Company as co-investors to raise Rs 40 billion for its renewable energy platform. This investment will be by […]

Clean Financing: Need to streamline funds for solar power projects

June 8, 2022

In February 2022, India surpassed 50 GW of cumulative installed solar capacity. The country also added a record 10 GW of solar energy capacity in 2021, marking the highest 12-month capacity addition so far. Despite […]

Financial Constraints: Standing Committee on Energy report on funding concerns for the renewables sector

April 26, 2022

The Standing Committee on Energy (2021-2022) has released its 21st report, titled “Financial Constraints in Renewable Energy Sector”. The report was presented to the Lok Sabha on February 3, 2022 and was laid in the […]

Debt for Development: Financing scenario for renewables in India

April 2, 2022

Over the past decade, renewable energy development has gained rapid momentum across the world. Drivers for this growth include increasing the climate commitments of governments and businesses, increasing awareness and political will, technological advancements, access […]

Green Bonds: Increasing interest in environment-friendly financing

March 16, 2022

With climate change and environment, social and governance (ESG) themes dominating the investor landscape, the interest in green bonds is increasing in India. Recently, the Indian government announced plans to issue green bonds for the […]

Bankrolling EVs: Priority sector lending could help scale up India’s EV plans

March 9, 2022

The electric mobility space in India has received significant attention from governments and industries over the past few years. India’s EV30@30 initiative targets a 30 per cent sales share for electric vehicles (EVs) by 2030. […]