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Solar: Is It Shining
September 2018
10 MW in 2010 to 21 GW of installed grid-connected solar capacity in 2018 shows the testament of the Government of India's success in supporting renewable energy, especially solar, in India.
Lack of accurate DNI data and forecasting techniques are roadblocks
April 2017
With India eyeing such ambitious targets to magnify its solar capacity to 100 GW by FY 2022, the growth in the sector has been promising, but requires more impetus. On the policy front, although all the states have come up with dedicated solar policies with well-defined targets, there is barely any focus on CSP.
Henkel presents strategic priorities till 2020 and beyond
November 2016
Henkel presented its new strategic priorities and financial ambition, which will shape the company until 2020 and beyond – summarised as “Henkel 2020+”. Based on its strong foundation, Henkel aims to generate continued profitable growth by focusing on four strategic priorities: Driving growth, accelerating digitalization, increasing agility, and funding growth.
Rs.90,841 cr invested in renewable energy
June 2016
An investment of Rs.90,841.16 crore has been made in the renewable energy sector in the country during three fiscals to 2015-16, government said. Total investment made in renewable energy sector in all states, including Jharkhand and Gujarat, during the last three years is Rs.90,841.16 crore, New And Renewable Energy Minister Piyush Goyal said in a written reply to the Rajya Sabha.
Clean energy firm Kotak Urja to raise up to $15 million
June 2014
Privately-held renewable energy solutions provider Kotak Urja Private Limited, part of business conglomerate Kotak Mahindra Group, is looking to raise $10-15 million in equity funding to fuel its expansion. It had raised $8 million from Kleiner Perkins Caufield & Byers, Ram Shriram-led Sherpalo Ventures and Applied Materials LLC in November 2008.
PE funding amounting to Rs 300 crore for Waaree Group
August 2013
Mumbai based Waaree group with prime focus on solar energy solutions and industrial valves is expecting Rs 300 crore in two phases as part of Private Equity (PE) funding. The company is expecting to raise Rs 150 crore over the next six months, Waaree group chairman and managing director Hitesh Doshi told leading Financial Daily.
PE funding amounting to Rs 300 crore for Waaree Group
August 2013
Mumbai based Waaree group with prime focus on solar energy solutions and industrial valves is expecting Rs 300 crore in two phases as part of Private Equity (PE) funding. The company is expecting to raise Rs 150 crore over the next six months, Waaree group chairman and managing director Hitesh Doshi told leading Financial Daily.
Wind Sector VC funding at $210 mn in Q2
July 2013
Wind power venture capital (VC) funding picked up significantly during second quarter of 2013 amounting to $210 million with the help of some large deals going to project developers in India compared to just $16 million last quarter. ReNew Power, an Indian wind project developer attracted $135 million from Goldman Sachs, which raised its total investment in the company to $385 million so far. NSL Renewable Power, also a project developer from India, received $60 million in funding from multiple
Wind Sector VC funding at $210 mn in Q2
July 2013
Wind power venture capital (VC) funding picked up significantly during second quarter of 2013 amounting to $210 million with the help of some large deals going to project developers in India compared to just $16 million last quarter. ReNew Power, an Indian wind project developer attracted $135 million from Goldman Sachs, which raised its total investment in the company to $385 million so far. NSL Renewable Power, also a project developer from India, received $60 million in funding from multiple
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