Virescent Renewable Energy Trust (VRET) announced the signing of definitive agreements under which IndiGrid will acquire all the units under Virescent. This comes after a competitive sales process that drew interest from a number of […]
Goldi Solar, headquartered in Gujarat plans to invest Rs 50 billion by the year 2025 to expand its module manufacturing capacity to 6 GW. The company’s expansion will be focused on auxiliary production including aluminium […]
Beam Suntory, a global manufacturer of premium spirits, has announced its plans to invest over $400 million to expand production at its Booker Noe distillery in Boston, KY, which produces the company’s flagship product, Jim […]
Husk Power Systems is all set to electrify 80 additional communities in India with $6 million in new debt financing that it has received from the EU- funded Electrification Financing Initiative (EDFI ElectriFI). The project […]
EDF Group subsidiary EDF Renewables UK Ltd Renewables has inked an agreement with Budimex to make an investment in offshore wind farm development in Poland. On a 50-50 basis, the two companies will focus on […]
Longroad Energy Holdings, a US-based developer and holding company for renewable energy, has announced a $500 million equity investment from MEAG, an asset management subsidiary for Munich Re entities, in order to expand its 1.5 […]
iVOOMi Energy, an electric two-wheeler manufacturer, has declared its intent to invest Rs 2 billion for manufacturing of electric two-wheelers and related research and development (R&D). The company already has manufacturing units in Pune, Noida, […]
In the next five years, Dubai Electricity and Water Authority (DEWA) intends to invest $10.88 billion in capital projects, including boosting its clean energy and renewable energy projects. According to the statement, the company plans […]
Ola Electric has announced a $500 million investment in the establishment of its state-of-the-art Battery Innovation Centre (BIC) in Bengaluru. BIC will house superior cell research and development facilities with over 165 unique and cutting-edge […]
Apollo Global Management, a private equity firm based in the US, has completed a $175 million strategic investment in Summit Ridge Energy, a company that operates solar power plants across the country. Summit Ridge Energy […]
Continuum Green Energy, an India-based renewable energy platform has secured $350 million from two institutional investors for funding the growth of its clean energy projects. The investors in the fund-raising round were given an option of […]
British International Investment (previously CDC Group), a UK government-owned development finance company, will invest up to $250 million in a new passenger electric vehicle (EV) venture to be launched by Mahindra & Mahindra. The investment […]
Tata Power has signed a MoU with the Tamil Nadu Government under which Tata Power would invest around Rs 30 billion for developing a 4 GW solar cell and solar module manufacturing unit in the […]
Tata Power has signed a binding agreement with a consortium comprising BlackRock Real Assets and Mubadala Investment Company as co-investors to raise Rs 40 billion for its renewable energy platform. This investment will be by […]
New Delhi, 8 June 2022: National Investment and Infrastructure Fund (NIIF) backed Ayana Renewable Power Private Limited (Ayana), one of India’s largest renewable energy producers, is set to expand Karnataka’s clean energy capacity. The Company […]
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 […]
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. […]
A recent positive trend, particularly for developers in the commercial and industrial (C&I) space, has been in the greater interest of consumers in renewable energy. They are looking to not only reduce their operational expenses, […]
Reliance Industries (RIL) has secured a $736 million green loan to fund its largest foreign acquisition, REC Solar Holdings in Norway, adding to a growing list of Indian corporations that are turning to sustainable finance […]
Given its ambitious renewable energy targets and favourable business environment, India has become a key destination for foreign investments. According to Renewable Watch Research, in the past five years, over 100 foreign investment deals have […]
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