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Coal vs Renewables

Home > Posts tagged Coal vs Renewables

Renewable energy lending up by 60% last year

Companies engaged in coal power expansion received US$ 2 billion in underwriting services from US based financial institute New Delhi, December 19, 2024: The Centre for Financial Accountability released its seventh annual Coal vs Renewables...

Read more January 1, 2025 at 11:50 am CFA

Renewables, not coal, the energy of choice for investors in India for second year in a row: Report

Solar power was the dominant renewable energy, accounting for six out of 11 deals, or 40% of financing, says the report. While India did not sign the pledge to triple renewable energy globally by...

Read more December 11, 2023 at 5:39 pm Carbon Copy

Lenders choose renewables over coal for second year in a row

In year 2022, solar, wind and hybrid project finance lending amounted to INR 18,577 crore ($2.36 billion). On the other hand, like in 2021, not a single coal power plant received such funding. Not...

Read more December 11, 2023 at 5:31 pm Uma Gupta

Lenders Choose Renewables Over Coal For Second Year In A Row

No coal power plant has received project finance lending in 2022 As negotiations and discussions build up around the Fossil Fuels phase-out at the COP28 in Dubai, back home, for the second year in...

Read more December 11, 2023 at 5:21 pm Dr. Seema Javed

India’s green shift: No coal finance in 2022 as renewables grab 100% project loans

The report, jointly conducted by the Centre for Financial Accountability (CFA) and Climate Trends, assessed project finance loans across various renewable energy projects. In a notable shift in India‘s energy financing landscape, no coal...

Read more December 11, 2023 at 5:07 pm Saurav Anand

Renewables prevail: Second consecutive year without project finance for coal power plants in India

Against the backdrop of intensifying global discussions on phasing out fossil fuels at COP28 in Dubai, a report by the Centre for Financial Accountability (CFA) and Climate Trends, an environmental think tank, reveals a...

Read more December 8, 2023 at 6:13 pm Krishnendu Bandyopadhyay

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