Banks reluctant to fund renew projects
Artha Energy Resources is a four-year old data first company, a part of the Artha Group of companies. Artha is a part of Damani group with interests across venture capital, power, hospitality, stock markets, and real estate.
ReNew Power launches Centre of Excellence with IIT-Delhi
ReNew Power Ventures Pvt. Ltd, announced the launch of the ‘Sumant Sinha ReNew Centre of Excellence (CoE) for Energy & Environment’ at the Indian Institute of Technology (IIT), Delhi. The CoE was inaugurated by Prakash Javadekar, Union Minister for Human Resource Development, GoI.
Battery storage, smart grid, and efficiency companies raise $1 bn
Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and M&A activity for the battery storage, smart grid, and energy efficiency sectors for the second quarter and first half of 2017. In the first half of 2017 (1HFY17), $1.03 billion was raised by battery storage, smart grid, and efficiency companies compared to $807 million in 1HFY16.