Finance Archives - Page 5 of 7

Monetary Moves: Deal activity in the wind power space continues despite Covid-19 crisis

April 20, 2020

The rapid global spread of Covid-19 has led to uncertainty in the wind power industry, with India being no exception. According to Wood Mackenzie, supply and labour disruptions due to the current lockdown in India […]

Continuing Slump: Renewable energy companies report poor quarterly financials

March 26, 2020

Many companies in the renewable energy sector have been facing a slowdown over the past year. The effect of this can be seen in falling revenues and shrinking profit margins. While the wind sector continues […]

Funds Uptick: Recent transactions point to growing equity investor interest

February 28, 2020

The past two years have witnessed a somewhat sluggish growth in renewable energy capacity addition. However, the industry has responded well to the government’s call for climate-compatible growth by ramping up capacity on a long-term […]

Attention to Hydro: Need to incentivise private sector participation

February 22, 2020

The hydropower sector saw some definitive movements over the past year with several policy measures receiving cabinet approval. From the inclusion of large hydro into the renewable energy category to the revision of cross-border electricity […]

Green Funding: Global climate financing crosses the half-trillion dollar mark

January 23, 2020

Four years after world leaders negotiated the Paris climate agreement, national policies and markets have started reflecting the need for increased financing and for low-carbon development to mitigate the effects of climate change. Apart from […]

A Difficult Quarter: Renewable energy companies continue to report weak financials

December 30, 2019

Financial pressure has been mounting on renewable energy companies owing to the challenges prevailing in the sector. Some of the key issues are inadequate transmission infrastructure, continued under subscription of tenders and inconsistencies in the […]

Balancing Out: Increase in M&As, IPOs and green bonds even as debt deals decline

November 12, 2019

India will need a significant amount of funds to achieve the 175 GW renewable energy target by 2022. According to the Climate Policy Initiative, about $190 billion will be required to achieve this target. Some concerns […]

Essel Exits: Enters into a solar asset sale deal with AGEL

October 24, 2019

By Ashay Abbhi The solar power segment in India is facing challenging times with a large number of projects getting delayed due to policy constraints, regulatory uncertainties and inadequate transmission infrastructure. The segment is also […]

Bucking the Trend: Gensol’s IPO receives a strong response despite stressed market conditions

October 23, 2019

By Sarthak Takyar After some delay, Ahmedabad-based solar engineering, procurement, construction (EPC) and advisory company, Gensol Engineering Limited finally decided to go ahead with its initial public offering (IPO) in September 2019, despite the ongoing […]

Weak Financials: Quarterly performance of select renewable energy companies

September 25, 2019

Several renewable energy companies have been facing financial difficulties over the past few years due to an uncertain policy environment and changing market dynamics. Falling tariffs, safeguard duties, inadequate transmission networks and the dwindling rupee […]

Costly Capital: Need to re-engineer hydro project financing

August 9, 2019

By Ashay Abbhi The hydropower segment has received a fresh lease of life with the Cabinet Committee on Economic Affairs (CCEA) approving the proposal to include large hydro projects (of over 25 MW capacity) in […]

Mixed Results: Financial performance of select renewable energy companies

July 30, 2019

Over the past few years, the Indian renewable energy industry has experienced overall growth. Falling tariffs and an increasing number of tenders have helped improve the business environment. However, this has not necessarily translated into […]

Energy Equity: Renewables sector presents an attractive opportunity for investors

June 28, 2019

During 2018-19, private equity (PE) activity in the renewable energy sector was at a five-year high. According to Renewable Watch Research, a total of $2,273 million was invested across 13 deals, which is nearly double […]

Attractive Opportunity: Private equity investment in renewables picks up significantly

May 27, 2019

By Ashay Abbhi The growth of renewable energy in India has opened up a plethora of opportunities for all stakeholders. The dynamic policy environment aligned with the government’s ambitious targets has improved investor confidence. Meanwhile, […]

Key Statistics: Merger and acquisition deals

May 26, 2019

Changing Hands: Weak balance sheets drive M&As in the sector

April 24, 2019

By Sarthak Takyar The year 2018-19 saw a flurry of mergers and acquisition (M&A) activity in the Indian renewable energy sector. Multiple factors contributed to creating a favourable M&A environment as companies looked to demerge […]

Revenue Slide: Quarterly results of select solar and wind power companies

March 24, 2019

By Sarthak Takyar Renewable energy companies are facing increasing financial pressure. Their profit margins are shrinking owing to falling tariffs; meanwhile, the cost of domestic finance continues to be high. While tariffs have stabilised somewhat […]

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