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CDC Group Plc, the UK government’s development finance institution, is planning to set up its own renewable energy platform focussed on east India and neighbouring countries. This dedicated platform will focus on eastern states such as Bihar, Odisha and Assam, and...
The divestment movement, which has persuaded many companies, institutions and individuals to sell their shares in fossil fuel companies, has had a major success in another business that drives climate change – the palm oil industry. Although palm oil has many...
In person, the chief executive of Arabesque Partners Omar Selim comes across as a soft-spoken man who looks like the quintessential banker in a suit. But what he is doing with Arabesque is departing convention. The asset management firm is breaking new ground in the...
In the rugged Himalayan mountains of Bhutan, farmers are busy cracking the next big opportunity – hazelnuts. Hazelnuts are endemic in Bhutan, but they have never been grown in a commercial and sustainable scale. Now, tens of thousands of local farmers are planting 10...
IFC the private sector investment arm of the World Bank could invest about Rs 100 crore ($15 million) in renewable energy company Clean Max Enviro Energy Solutions, one of the largest solar solutions providers in India. According to a disclosure made on its website,...
India’s prominent IPP ReNew Power Ventures Pvt. Ltd is raising $200 million by selling a 10% stake to Japan’s JERA Co. Inc., as the renewable energy company continues to attract global investors to execute its expansion plans. The deal values the company at $2...