Hindalco Industries has recently acquired a 26 percent share in Cleanwin Energy SIX’s 5 MW captive open access wind project. The stake acquisition would cost Rs 7.15 million to Hindalco. The move has been made by the […]
Biocon Limited has announced its plan to acquire 26 per cent share in AMPYR Renewable Energy Resources Eleven Pvt Ltd (AREREPL). The deal value is worth Rs 75 million. AREREPL was established on April 13, […]
Electric vehicle (EV) startup Mecwin India has announced an investment of Rs 500 million to set up an EV manufacturing plant in Bengaluru, Karnataka. The manufacturing facility will focus on indigenous EV motors and controllers and […]
The Hinduja Group, accompanied by Caterpillar Venture Capital, Mercuria, Our Crowd, and Volvo Energy, is investing $18.45 million in Connected Energy, a second-life battery energy storage company. The investment will aid Connected Energy in managing […]
Inox Green Energy Services, an ancillary of Inox Wind has listed fresh preliminary papers with the Securities and Exchange Board of India, regulator for securities and commodity markets. The move targets to raise Rs 7.4 […]
General Electric (GE), a US- based multinational conglomerate, and Continuum Green Energy (India), a renewable energy project developer, announced the financial completion of GE Energy Financial Services’ acquisition of a 49 per cent stake in […]
META4, located in the United Arab Emirates (UAE), has announced that it will invest Rs 2.5 billion in Telangana to establish an electric two-wheeler manufacturing factory. META4 has also claimed to have reached an agreement […]
Tech Mahindra, an Indian IT services company, has agreed to purchase a 26 per cent share in Huoban Energy 6, a wholly-owned subsidiary of Fourth Partner Energy. In Pune, Maharashtra, Huoban Energy 6 will commission […]
Suzuki Motor has started purchasing wind and solar energy from ReNew Power for its Gujarat facility as part of its effort to lower around 6 per cent of the Japanese automaker’s global carbon dioxide emissions. […]
ReNew Power has inked definitive agreements to acquire more than 500 MW of operating wind and solar assets. The acquisition would reportedly comprise operating wind and solar assets totaling 471.65 MW and 56.25 MW respectively, […]
In Davos, the Maharashtra energy department and ReNew Power, one of India’s largest renewable energy businesses, signed an agreement of Rs 500 billion for renewable energy projects in the state over the next six to […]
BluSmart, an electric ride-hailing platform, has announced that it has raised $50 million, which it plans to use to purchase 5,000 more electric cars and expand its electric vehicle hubs. The funds raised are split […]
The Indian Renewable Energy Development Agency Limited (IREDA), a renewable energy project financing company, has authorised Rs 144.45 billion in loans and distributed Rs 100.18 billion to various green energy projects across Maharashtra. Reportedly, IREDA, […]
Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has agreed to acquire a 100 per cent stake of Solenergi Power Private Limited and the Sprng Energy group of companies for $1.55 […]
The Cabinet Committee on Economic Affairs chaired by the Prime Minister has approved the investment of Rs 45.26 billion for 540 MW Kwar Hydro Electric Project located on river Chenab, in Kishtwar district of Union […]
Grid Corporation of Odisha (GRIDCO), a public sector undertaking of Odisha state government has signed a power sale agreement (PSA) with NTPC in Bhubaneswar for the purchase of clean energy. Under the PSA, GRIDCO would […]
Tata Power has entered into a contractual agreement with a consortium led by BlackRock Real Assets, which includes Mubadala Investment Company, to invest in Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power. […]
Bharat Petroleum Corporation Limited (BPCL) has announced that it will invest Rs 2 billion to ramp up electric vehicle (EV) charging infrastructure in India. BPCL will set up 100 fast EV charging corridors having 2,000 […]
ReNew Power, India’s leading renewable energy company, has announced a strategic partnership with Mitsui & Co Limited, a global general trading and investment organisation. Mitsui will acquire 49 per cent of the stake in ReNew […]
Greenko Wind has raised $750 million for an energy storage plant in Andhra Pradesh through a global bond offering. Following the start of roadshows, the company was able to secure pricing of 5.50 per cent […]
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