A study titled “Financiers Prefer Wind And Solar Over Coal” has been released by CFA (Center For Financial Accountability). According to the Coal vs. Renewables Financial Analysis 2022, L&T Finance overtook SBI as the...
For the first time, 100% of the value of the project finance loans identified last year went to renewable energy projects. This is a considerable increase compared to 2020, where renewable energy loans accounted...
In early August, the Union Cabinet approved India’s updated Nationally Determined Contributions (NDC) that have hence been formally communicated to the United Nations Framework Convention on Climate Change (UNFCCC). These include goals like reducing the emission intensity...
The Inaugural Session of the 2nd Energy Finance Conference India 2020 builds the blueprint for an economically and socio-politically feasible sustainable energy transition A distinguished panel of academics, policy experts and activists pitches for...
Caught in an economic slowdown, India’s clean energy transition is likely to go for a toss. What will be the cost? The ongoing slowdown in economic growth and electricity demand has worsened the deep...
That must change if the climate is not to A LARGE SIGN in the city hall of San Carlos, on the island of Negros in the Philippines, lays out the local government’s ambitions. It...
A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in 2018 A new report has revealed that renewable energy projects took...
The Centre for Financial Accountability has found that only five coal power projects with a total capacity of 3800 MW received financing of ₹6,081 crore in 2018. New Delhi: Amid economic slowdown, a latest...
For Immediate Release Massive Decline in Lending to Coal Power Projects in 2018: Report CHENNAI, 16 August 2019: The Coal vs Renewables 2018 – an annual energy investment trend report – reveals a significant drop in...
The report by the Delhi based financial institute Centre for Financial Accountability analysed project finance lending to 54 energy projects that reached financial close in 2018. By IANS NEW DELHI: A financial assessment on Friday...
In 2018, a total of 49 renewable energy projects with a combined capacity of 4.7 Gw obtained loans of Rs 24,442 crore New Delhi: Lending to coal-fired power plants in India slumped 90 per...
It has not been able to make full use of reduction in costs Addressing the plenary session of the World Environment Day celebrations on June 5, 2018, Prime Minister Narendra Modi stated, “We are...
Given that India is building many of the world’s biggest solar parks and also harbours high wind power ambitions, there is no reason to waste precious foreign currency on imported gas or thermal coal...
Today, rooftop solar capacity is 1,200 MW only as against Centre’s target of 40,000 MW by 2022 Nagpur: With financing continuing to be a serious impediment in achieving the country’s clean energy goals, the latest...
A new analysis of energy project lending in India shows that majority of government-owned banks and financial institutions continued to fund coal projects in 2017. The same analysis also reveals private financial companies are...