The Institute for Energy Economics and Financial Analysis (IEEFA) have projected investment growth for renewables, especially in light of investment commitments in the range of $10-20 billion from the seven auctions held in the last […]
Sterling and Wilson has announced its financial results for the first quarter ended June 30, 2020. The company has reported a revenue of Rs 10, 993.8 million, which is around a 16 per cent decrease […]
Adani Green Energy Limited (AGEL) has declared a net consolidated profit of Rs 217.5 million for the quarter ended June 30, 2020. The company had announced a net loss of Rs 974.4 million in the […]
Orix, a Japanese financial conglomerate, plans to invest around $980 million in Greenko Energy Holdings. Orix is set to take a stake of more than 20 per cent in Greenko and the deal is expected […]
Petronas, through its Indian arm Amplus Energy Solutions, has acquired 100 MW of solar assets from ACME Solar. Petroliam Nasional Berhad, or Petronas is Malaysia’s state-run oil and gas company. The 100 MW solar power capacity is […]
WiseEnergy, a solar asset management firm, has signed an agreement with Actis Long Life Infrastructure Fund (ALLIF) for providing comprehensive asset management services for its 550 MWp solar portfolio. The contract is a multi-year contract. […]
The RattanIndia Group has sold 306 MW of solar assets to Global Infrastructure Partners (GIP) for an amount of Rs 16.7 billion. The portfolio of assets included ground-mounted solar projects with a cumulative capacity of […]
The Solar Energy Corporation of India (SECI) has announced an amount of Rs 5.2 billion to renewable energy generators for payments against wind and solar energy generation. The amount was disbursed in July 2020 and […]
UAE-based Masdar is set to acquire a 50 per cent stake in a 1.6-GW portfolio of EDF Renewables North America. The portfolio comprises advanced wind, solar and energy storage projects in the US.Under the terms […]
PTC India Financial Services plans to finance green projects using the Rs 1.35 billion tax refund that it expects to receive from the income tax department. The department has processed its return of income for […]
Ayana Renewable Power Private Limited (Ayana) has acquired a 100 per cent equity stake in two solar power projects with a cumulative capacity of 40 GW. Developed by First Solar, the two projects are located […]
PTC India Financial Services plans to finance green projects using the Rs 1.35 billion tax refund that it expects to receive from the Income Tax department. The Income Tax department has processed its return of […]
Inox Wind has announced its financial results for the quarter ended March 31, 2020. The company has recorded revenues of Rs 1,967.4 million, an increase from the Rs 1,841.4 million recorded for the same period […]
Hindustan Zinc, a subsidiary of the Vedanta Group, is planning to sell its wind energy assets of 273 MW, valued at around Rs 15 billion. The assets have been listed as non-core assets by the […]
Enel Green Power (EGP), through its Indian subsidiary Enel Green Power India (EGP India), has signed a long-term agreement with Norfund, a Norwegian investment fund for developing countries, to jointly finance, build and operate new […]
The global oil and gas company BP has announced that it will invest $70 million in India’s Green Growth Equity Fund (GGEF). With this, BP will become a limited partner in the GGEF and get […]
Fourth Partner Energy has raised about Rs 1.12 billion in debt funding from Swiss asset manager responsAbility. This is the third round of funding given by responsAbilitythrough its climate finance funds, while the first two rounds […]
The global oil and gas company, BP, has announced that it will invest $70 million in India’s Green Growth Equity Fund (GGEF). This will help BP become a limited partner in GGEF along with representation […]
Inox Wind has announced its financial results for the fourth quarter of the financial year ended March 31, 2020. The company has reported a revenue of Rs 1,967.4 million, which is an increase over the […]
Hindustan Zinc, a subsidiary of the Vedanta Group is planning to sell its wind energy assets of 273 MW, valued at around Rs 15 billion. The wind projects are located across various states, having power […]
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