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SunEdison, Adani to Invest $4 bln in Indian Solar Panel Plant
Solar power firm SunEdison and Indian conglomerate Adani Enterprises plan to invest up to $4 billion in what would be one of India's largest solar panel makers, a boost for Prime Minister Narendra Modi as he hosts an investment summit.On the sidelines of Modi's Vibrant Gujarat gathering of statesmen and business leaders, the two firms said on Sunday that the new joint venture project would manufacture low-cost photovoltaic solar panels, helping turn sunlight directly into electricity at cheaper rates.Solar energy in India costs up to 50 percent more than power from sources like coal.
- Categories
- Energy
- Region
- South Asia
- Tags
- renewable energy, solar
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28 Philanthropy Issues to Watch in 2015
As the New Year gets underway, we could conjure up a list of "top trends" in philanthropy for 2015 or make a bunch of predictions that we would probably regret twelve months from now, along with all the junk we ate over the holidays.
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- Uncategorized
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Venture Capital Investors Plan $2 Billion New Funds for Indian Startups
Venture capital investors are on the road to raise nearly $2 billion, or about Rs12,400 crore, in new funds this year to power the next generation of emerging businesses in India's booming startup sector.
- Categories
- Investing
- Region
- South Asia
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Impact investor Gray Ghost Ventures to Raise $60 mln Third Fund
Impact investor Gray Ghost Ventures said it is raising a $60 million third fund that represents a big step up from its $35 million second fund in 2009. The firm expects a first close on about $25 million in March, said CEO Arun Gore.
- Categories
- Investing
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Nigeria: 100 Million Entrepreneurial Lifelines – Elumelu Foundation Expresses Shock At Women’s Poor Response
Chairman of United Bank for Africa (UBA) Plc. and Founder of Tony Elumelu Foundation, Mr. Tony Elumelu has expressed disappointment with what he described as Nigerian women entrepreneurs' poor response to the $100 million lifeline provided by the Foundation's Africa capitalism Institute for entrepreneurs to boost industrialization in Nigeria.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Two Leading Ebola Vaccines Show ‘Acceptable Safety’
The World Health Organization (WHO) announced that two promising Ebola vaccines appear safe and could soon be tested in West Africa, as the agency wrapped up an expert meeting in Geneva earlier today.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
- Tags
- vaccines
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Drones’ New Mission: Saving Lives in Developing Countries
They still aren’t delivering Amazon packages. But in Haiti, Bhutan, Papua New Guinea and the Philippines, drones have helped rescue natural disaster victims – and transport medical samples and supplies.
- Categories
- Health Care, Technology
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Portable Retinal Imaging System Approved
Si14, an original design and technology development laboratory announced that their D-EYE Portable Retinal Imaging System www.d-eyecare/com, registered with both the FDA and the European CE Authority is now approved to be marketed in the U.S. and in Europe. Dr. Andrea Russo, an ophthalmologist and PhD candidate researcher with the University of Brescia Italy, partnered with Si14 to develop the device.
- Categories
- Health Care, Technology
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