Generation Investment Management reposted this
🌿 Exciting news! Just Climate is investing in Continuum Green Energy to boost wind-solar-hybrid and storage projects across India. 🌞 Continuum Green Energy, founded in 2009, has a portfolio of renewable energy generation assets in India primarily focussed on supplying green energy to commercial and industrial consumers. ⚡Continuum’s deployment of renewable energy will help displace energy produced by coal power – which provides approximately 72% (source: International Energy Agency) of India’s current electricity – realising the type of significant greenhouse gas emissions abatement that we at Just Climate look for in our investments, while also managing impacts on people and planet. Although the Government of India has set ambitious goals for expanding renewable energy capacity, significant challenges remain to achieving this transition. Continuum Green Energy is well-positioned to help decarbonise India’s predominantly coal-based power grid through the clean, affordable and secure production of renewable energy. We are pleased to partner with the company to scale-up this critical solution. Click here to find out more: [https://lnkd.in/dZY4xsnJ]
