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Macquarie looks to buy Canadian Solar's India business

Tuesday, November 13, 2018, 9:05 AM

Sydney-based infrastructure asset management group Macquarie Group Ltd is looking to acquire the solar-power assets of Canadian Solar in India, said two-people close to development, requesting anonymity. Macquarie's decision comes at-a-time when access to funds for renewable energy is drying-up in India. Ontario-based Canadian Solar is a global energy provider with subsidiaries in 20 countries. It is a leading manufacturer of solar photovoltaic modules.
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ACME Solar appoints Barclays, JPMorgan for private InvIT

Wednesday, October 31, 2018, 8:01 AM

Renewable energy company ACME Solar Holdings Ltd has hired two investment banks as the company looks to start work on its proposed infrastructure investment trust (InvIT) amid a prolonged delay in a IPO, said two people aware of the development. InvITs are trusts that manage income-generating infrastructure assets, typically offering investors regular yield and a liquid method of investing in infrastructure projects.
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IIT kids help last rites go green with cow dung logs

Sunday, October 21, 2018, 9:15 PM

A team of 40 IIT-Delhi students has devised a way to fight air-pollution - by replacing wood with cow dung 'logs' during funerals. The environment-friendly technique also seeks to reduce deforestation by cutting down dependence on wood. 'Arth' - an initiative by Enactus IIT-D, targets replacing wood as a fuel at Delhi's crematoriums. The team has developed a prototype-drying-machine based on the greenhouse principle.

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