French-based banking group, BNP Paribas , has announced that it will double investment in renewable energy from €6.9 billion ($7.38 billion) to €15 billion ($16 billion) in 2020. It also said that it will no longer finance coal extraction projects.
Coal India (CIL) has announced that it intends to invest $900 million to set up 1000 MW of solar generation capacity over the next 5-6 years.
Wärtsilä has announced that it is expanding its Smart Power Generation portfolio by introducing the capability of using propane as fuel for power generation.