One of India’s fastest-growing independent renewable energy power producers, ReNew Power Ventures, has initiated the process to launch an initial public offering (IPO). According to media reports, ReNew Power Ventures has issued a request for proposal to appoint advisors for floating an IPO. The company was founded in 2011 by … [continued]
Originally published on Sustainnovate. By Henry Lindon The Massachusetts Institute of Technology (MIT) has launched a set of 10 new contests, via the Climate CoLab, meant to spur action on climate change. The contests are actively seeking “high-impact proposals on how people, organizations and governments can tackle major climate change … [continued]
Originally published on RenewEconomy. By Sophie Vorrath Electric vehicles – currently languishing at just 3 per cent of the global auto market – have been named alongside solar PV, onshore wind and LEDs as one of four current “winning” low-carbon technologies with the potential to begin “bending the emissions curve,” … [continued]
Global investors and renewable energy project developers have responded with optimism to the change in regulatory and financial environment in India. International private equity investors poured in over $1 billion in renewable energy companies in India in 2015. Just the top 5 deals in the renewable energy sector crossed a … [continued]
A new report on peak coal confirms the “new normal” of a declining global coal market, a complete reversal of the common wisdom on coal market growth.
Global investment banking giant Goldman Sachs has announced it will nearly quadruple its clean energy target to $150 billion by 2025. In 2012, Goldman Sachs targeted a clean energy target to invest $40 billion by 2025, and over that time the company has made giant strides to fulfill the letter … [continued]
Originally published on Solar Love. About 300 MW of Japanese solar power projects may be supported by the British banking and investment group Barclays, in the form of solar bonds. $418 million or JPY 50 billion is the monetary value associated with the projects, should Barclays go ahead. The reason it may want to proceed … [continued]
Originally published on Solar Love. To listen to the right wing crazies tell it, global warming and climate change are fictions created by treehuggers and do-gooders on the left who want to interrupt the neverending flow of government dollars that prop up the global business community — those public spirited business … [continued]
Big-name Fortune 500 companies like Goldman Sachs, Nike, Johnson & Johnson, Starbucks, and others, have pledged to 100% renewable electricity. As part of Climate Week NYC, a number of big-name Fortune 500-listed companies have joined RE100, “an ambitious global campaign led by The Climate Group in partnership with CDP, to engage, support and … [continued]
Originally published on Solar Love. SunEdison has announced that they will form a new $1 billion warehouse investment vehicle that will fund construction costs and acquire operating assets. The decision comes on the heels of an odd market response to SunEdison’s record second quarter growth. SunEdison, the world’s largest clean … [continued]
