AlertNet: When U.S.-based carbon investment firm C-Quest Capital first came to India in August 2010 to distribute energy-efficient lighting at scale, it did not anticipate suspending operations less than two years later.
But with carbon prices at an all-time low, the company has had to put operations on hold and explore alternative funding models in an attempt to keep its goals alive.
C-Quest is one of three key distributors of compact fluorescent light bulbs (CFLs) under the Indian government's Bachat...