Fourth Partner Energy has recently acquired a solar portfolio of 8.9 MW, consisting of distributed solar projects, from Statkraft India. This is Fourth Partner’s first acquisition within the current fiscal year. Recently, Fourth Partner also […]
Rooftop solar solution provider MYSUN has joined hands with Tata Cleantech Capital Ltd (TCCL) to raise Rs 150 million in debt funding.Recently, MYSUNlaunched its solar asset vehicle MYSUN+ to develop solar projects under the distributed […]
Hero Electric, an Electric scooter manufacturer has announced that it has raised Rs 2.2 billion in its Series B funding (Part 1). The funding round was led by Gulf Islamic Investments and OAKS Asset Management, […]
Indi Energy, an Indian energy storage start-up, has raised an undisclosed amount in seed funding from Mumbai Angels Network, a start-up investment platform for early-stage venture investment. The funding amount will be used to enhance […]
IndiGrid has announced the completion of the acquisition of a 100 per cent stake in two solar assets with a cumulative capacity of 100 MW from Madrid-based developer Fotowatio Renewable Ventures (FRV) at an enterprise […]
Alfanar has completed its 100 per cent acquisition of the Indian arm of wind turbine OEM Senvion India from Senvion GmbH. This deal enables Senvion India to continue to operate as a full-fledged OEM in […]
ION Energy has announced that it has raised $3.6 million in Pre-Series A funding from Amazon’s Climate Pledge Fund, a $2 billion fund to support companies that develop sustainable technologies. The players who participated in […]
Mahindra & Mahindra has announced that it has signed a power purchase agreement with ReNew Sunlight Energy, a subsidiary of ReNew Green Energy Solutions to procure solar power from its open-access project. The solar project […]
Hyderabad-based Fourth Partner Energy has announced that it has raised $125 million in equity funding from Norfund, the Norwegian Investment Fund for developing countries and existing shareholder, The RISE Fund (TPG). Norfund has invested $100 […]
Azure Power has signed a five-year syndicated financing deal of $163 million with Mitsubishi UFJ Financial Group (MUFG) for its 300 MW solar project, which is currently being developed in Rajasthan. For the transaction, MUFG […]
Reliance Industries Limited (RIL) organised its 44th Annual General Meeting (AGM) of the shareholders on June 24, 2021. The AGM was held virtually due to the Covid-19 pandemic. Speaking at the AGM, Mukesh Ambani, Chairman […]
Fortum has decided to divest 500 MW of solar projects in India and has signed an agreement with the global infrastructure investment firmActisfor the same. As part of the agreement, Actis will receive ownership of […]
Adani Renewable Energy Holding Four Limited, a wholly-owned subsidiary of Adani Green Energy Limited (AGEL), has transferred 74 per cent shareholding of Mundra Solar Energy Limited (MSEL) to AdaniTradecom LLP. In this development, 7,400 equity […]
Magenta EV Solutions, an electric vehiclecharging solutions company, has received over $15 million in Series A funding. The funding was received from Kiran C Patel, an Indian-American cardiologist and philanthropist. In 2020, Magenta had raised […]
Adani Green Energy Limited (AGEL) has announced the signing of a share purchase agreement to acquire a 100 per cent stake in SB Energy India. This includes an 80 per cent stake from Soft Bank […]
Virescent Infrastructure has announced the acquisition of 76 MWp of Indian solar assets from Singapore’s Sindicatum Group. These PV assets are located across three states and are signed with long-term power purchase agreements (PPA) with […]
JSW Hydro Energy has announced that it has raised $707 million through green bonds.The pricing, tenure, and other terms of the notes have also been approved by thefinance committee of the company’s board of directors. […]
The Ministry of Power has reported the distribution companies (discoms) have outstanding dues of about Rs 120.25 billion to renewable energy developers as of March 2021. These payments are across 206 pending invoices and exclude […]
SHV Energy a Dutch multinational distributor of LPGhas acquired a majority stake in SunSource Energy. With this investment, SunSource plans to increase its solar portfolio to over 550 MWp by 2023. It plans to further […]
Fourth Partner Energy has received a funding of Rs 2.5 billion from CDC Group, a UK-based development finance institution in the form of non-convertible debentures. This is CDC’s first investment in the commercial and industrial […]
COPYRIGHT © 2017 | RENEWABLE WATCH