Green energy may power industries in-house demand: Eversource CEO Dhanpa...
Jul 2024 Eversource
India’s captive industrial power consumption could be replaced with renewable energy, unlocking potential for further investments in the sector, said Dhanpal Jhaveri, chief executive at Eversour…
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Budget 2024: ‘Make NET ZERO a People’s Movement’ – S...
Jul 2024 Eversource
India’s energy demand is expected to double by 2045 and the policies are needed for a greater push towards working on developing affordable and sustainable energy environment for the stakeholder…
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Top Climate Investor in India Seeks to Raise a $1 Billion Fund
May 2024 Eversource
Eversource Capital, which closed India’s largest climate impact fund in 2022, is seeking to raise at least $1 billion as it scouts for companies to back in other Asian countries, according to its …
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Don’t see any frothiness in climate sector valuations: Eversource̵...
Apr 2024 Eversource
Eversource Capital, a joint venture of Indian private equity firm Everstone Capital and the UK-based Lightsource BP, raised $741 million for its maiden climate-focused fund two years ago and is now ge…
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Climate-focussed NBFC Ecofy raises $10.8M to grow its loan book
Jan 2024Backed by Eversource Capital, Ecofy offers loans to climate change-related businesses and individuals, such as for EVs, rooftop solar panels, and SMEs, among others. Ecofy, an NBFC that focuses on sup…
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Climate investor Eversource receives grant funding from US and Danish go...
Dec 2023Eversource, a climate investment joint venture between Everstone Group and Lightsource BP, on Tuesday said that it has received so-called catalytic concessional capital from the U.S. Department of Sta…
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STARTUP NEWS AND UPDATES: DAILY ROUNDUP (DECEMBER 5, 2023)
Dec 2023Rural fintech startup Navadhan has raised 40 crore ($5 million) in its Pre-Series A round led by Prime Venture Partners. Existing investors, Gemba Capital and Varanium NexGen Fintech Fund also partici…
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Eversource secures blended finance at COP28
Dec 2023Eversource, a climate impact investor in India, has received catalytic concessional capital from the US Department of State and the United States Agency for International Development (USAID) through i…
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COP28: Another cop or another cop-out?
Nov 2023“The 28th Conference of the Parties (COP28) kicks off in Dubai, marked by rising temperatures, a global energy crisis and conflicting climate goals due to changing priorities. The planet briefly…
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Raising the stakes on climate funding – the significance of blended fi...
Nov 2023It is a fact that the last decade has been the hottest in 125,000 years! Climate change is a reality, and the Earth is getting warmer each day. The Paris Agreement, signed by 200 countries in 2015, ai…
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How innovative business models can lead to more opportunities for climat...
Nov 2023Emphasising how the world has to think about innovation as it looks to drive climate impact and climate outcomes, Dhanpal Jhaveri , Vice-Chairman of Everstone Group, said that climate inve…
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Decoding green loans
Nov 2023Rajashree Nambiar, co-founder, MD & CEO, explains how lenders can make money out of green loans. In this episode of the Current Account podcast, Hamsini Karthik talks to Rajashree Nambiar, co-foun…
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Eversource Capital’s climate impact fund commits over $600m to var...
Sep 2023Eversource Capital-backed Green Growth Equity Fund (GGEF), which raised $741 million in late 2021, has surpassed over $600 million in commitments to various assets in its portfolio. https://www.dealst…
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Uber to start EV operation in India next month, inks multiple partnershi...
Jun 2023The ride-hailing platform has added fleet partners such as Lithium Urban Technologies, Everest Fleet, Moove to deploy 25,000 electric vehicles across Uber’s top 7 cities in India. US-based ride-hail…
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Ecofy partners Piaggio Vehicles to provide financing on electric three-w...
Jun 2023Ecofy, a green-only NBFC has partnered Piaggio Vehicles (PVPL) a leading manufacturer of small commercial vehicles to provide financial assistance to individuals and corporations on electric three-whe…
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GreenCell Mobility’s all-women intercity ebus recognised by Asia Book ...
Jun 2023Indian electric bus brand, NueGo, by GreenCell Mobility, has been honoured by the Asia Book of Records and India Book of Records certifications and citations for launching the first-ever all-woman int…
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