US to support $100m clean energy investment in India

India’s clean energy sector will soon get a huge boost, thanks to a $100 million (£65.3m) investment from the US. The US Agency for International Development (USAID) said it would partner with investor Northern Lights Capital Group to provide the fund, which will be used for new wind, hydropower, solar and large-scale energy efficiency projects. […]

India to invest billions in electric cars

India is set to invest around Rs 23,000 crore (£2.6billion) in hybrid and electric vehicles (EVs). The nation has a target of producing six million ‘green’ vehicles by 2020, of which four to five million are expected to be two-wheelers, reports claim. S. Sundareshan, Secretary of India’s Heavy Industries Ministry said the state of New […]