
India's Green Investment Ambitions Faces Hurdles Amid Unsold Renewable Projects
India's aspirations for a robust green energy future face significant challenges, largely due to a surplus of unsold renewable energy projects. Despite a strong push for investments in sustainable energy, developers are grappling with an excess of capacity that remains unutilized. This dilemma raises concerns about the country's ability to reach its ambitious green energy targets.
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Nedbank and Norfund Make Strategic Investment in South Africa's Pele Energy
In a significant move aimed at bolstering renewable energy initiatives in South Africa, Nedbank and the Norwegian Investment Fund for Developing Countries (Norfund) have jointly acquired a substantial stake in Pele Energy. This partnership comes at a crucial time for the country, as it seeks to diversify its energy sources and reduce reliance on fossil fuels.
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Japan's SBI Group Set to Acquire Majority Stake in Solaris: A New Era for Green Investment
In a significant move poised to reshape the landscape of green finance, Japan's financial giant SBI Group is reportedly close to finalizing a deal to acquire a majority stake in Solaris, a fintech company specializing in the solar energy sector. This acquisition marks a critical evolution not only for SBI but also for the broader renewable energy market in Asia.
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