New York-based private equity firm, Warburg Pincus has invested Rs 6.5 billion in CleanMax Solar. The funds will be used by CleanMax Solar to expand its footprint in the solar rooftop and open access markets in India, the Middle East and Southeast Asia. Currently, CleanMax is reported to have a market share of 3 per cent (1,341 MW of capacity as of March 2017) in the open access solar market in India.
LATEST
- [ February 22, 2020 ] Attention to Hydro: Need to incentivise private sector participation Finance
- [ April 19, 2024 ] Dominion Energy Launches First U.S. Jones Act-Compliant Offshore Wind Turbine Installation Vessel International News
- [ April 19, 2024 ] Ava Community Energy Partners with Calibrant Energy and EV Realty to Expand EV Charging Infrastructure International News
- [ April 19, 2024 ] GPS Renewables secures $50 million debt funding Financings
- [ April 19, 2024 ] NTPC declares winners of its 1 GW wind-solar hybrid auction Projects
- [ April 19, 2024 ] CES partners with EARTHDAY.ORG and Kabadiwalla Connect to manage battery e-waste Projects
- [ April 19, 2024 ] CleanMax collaborates with Apple to boost renewable energy uptake in India Projects
- [ April 18, 2024 ] JinenU Solar Debuts Customized PV Modules at Middle East Renewable Energy Exhibition International News
- [ April 18, 2024 ] Chevron Launches $500 Million Renewable Energy Technology Fund International News
- [ April 18, 2024 ] Jindal Stainless commits to science-based targets for achieving net zero Miscellaneous
- [ April 18, 2024 ] Juniper Green Energy operationalises first wind project in Gujarat Projects
COPYRIGHT © 2017 | RENEWABLE WATCH