Indian regulatory bodies are planning to allow the listing of yieldcos for renewable energy companies, as investment in the clean energy sector is set to increase rapidly. The Securities and Exchange Board of India (SEBI) has reportedly prepared norms for listing renewable energy yieldcos on the country’s stock exchange. The … [continued]
IDBI Bank has become India’s first public-sector bank to raise funds through green bonds in a testament of the hugely attractive renewable energy market in the country. IDBI Bank recently announced that it raised $350 million in green bonds. The issue was subscribed 3.14 times over, with prospective investors willing to … [continued]
In what seems to be an internal rejig to boost its balance sheet, global renewable energy project developer SunEdison has announced the sale of 425 MW solar power projects to its yieldco TerraForm Global. SunEdison confirmed, via a press release on 24 November that it will sell 425 MW worth of … [continued]
More Indian news outlets are now reporting the possibility that SunEdison will back out of its acquisition of Indian wind energy independent power producer Continuum Wind Energy. Leading business daily Economic Times has reported that the US-based renewable energy project developer may not go ahead with the acquisition of Continuum Wind … [continued]
A new report from Bloomberg New Energy Finance has found that developing nations attracted a record $126 billion in clean energy investment in 2014. Clean energy investment of $126 billion represents an increase of $35.5 billion, or 39%, on 2013 clean energy investment levels. Most importantly, however, this figure eclipsed … [continued]
In another significant development in the budding Indian green bonds market, one of the country’s leading private banks has signed an agreement with the London Stock Exchange. Yes Bank, one of several of India’s private banks, recently signed an agreement with the London Stock Exchange (LSE) regarding the listing of … [continued]
Gamesa has chosen one of the fastest-growing markets in the world to stage its comeback in the solar power sector. The Spanish renewable energy giant known for its massive footprint in the global wind energy market recently announced that it commissioned a 9 MW solar photovoltaic (PV) power project in … [continued]
UK-based project developer Lightsource has announced its expansion into the rapidly growing solar power market of India. Lightsource recently signed an agreement to invest $3 billion to develop 3 GW solar power capacity in India. The agreement was signed during Indian Prime Minister Modi’s visit to the United Kingdom. While the … [continued]
The Bridge to India Market Outlook report states this nation’s new installations of rooftop solar in India has grown by a factor of 66% over the last year. Earlier this month, India’s minister for new and renewable energy, Piyush Goyal, announced the country’s rooftop solar policy was ready to be … [continued]
With plans to significantly increase its share in the rapidly expanding Indian wind energy sector, Inox Wind, one of the country’s leading wind turbine manufacturers, has expanded one of its production facilities. Inox Wind, one of the only two wind energy companies listed on the Indian bourses, has announced that … [continued]
