India is one of the world’s leading solar markets, with ambitious renewable energy targets. However, more than 80% of solar equipment used in power projects is imported from Asian countries such as China, Vietnam, and Malaysia. India’s domestic manufacturing capacity for cells and modules is largely underutilized, standing at only Read more
Solar power is one of the fastest-growing renewable energy sources worldwide, and with the decreasing costs of solar panels and increasing demand, many investors are interested in the solar manufacturing industry. However, setting up an integrated solar module manufacturing plant is not an easy task and requires significant investment. According Read more
SHV Energy, a leading global LPG distributor, recently invested Rs 18 billion in SunSource Energy, a solar energy solutions provider based in India. The investment is a significant step towards expanding SHV Energy’s renewable energy portfolio and contributing to India’s growing clean energy market. Equity investments like these are crucial Read more
Total Carbon Neutrality Ventures, the venture capital arm of French oil and gas major Total, has recently invested Rs 180 million in Freyr Energy, an Indian solar solutions provider. The investment, along with Schieder Electric Energy Access Asia and Capital 4 Development Partners, is aimed at supporting Freyr Energy’s growth Read more
Adani Green Energy Limited, one of India’s leading renewable energy companies, has recently acquired SB Energy’s solar portfolio for $3.5 billion. The acquisition marks Adani Green Energy’s largest acquisition to date and solidifies its position as a leader in the Indian renewable energy sector. In this blog article, we will Read more
Actis, a leading private equity investor in emerging markets, recently announced the acquisition of Fortum’s solar energy assets in India for $333 million. The acquisition, through Actis’s renewable energy platform Sprng Energy, includes seven operating solar projects with a total capacity of 300 MW. In this blog article, we will Read more
Copenhagen Infrastructure Partners (CIP) is a Danish infrastructure investment firm that focuses on renewable energy, transmission and distribution, and other infrastructure assets. In August 2021, CIP announced that it had raised $100 million from AMP Energy, a global renewable energy company based in Canada. The investment will be used to Read more
In August 2021, Augment Infrastructure, an Indian infrastructure investment firm, announced that it had raised $222.23 million from CleanMax, a leading provider of sustainable energy solutions. The investment will be used to finance the development and construction of renewable energy projects across India. In this article, we will take a Read more
Torrent Power Limited, one of the leading power companies in India, has recently announced its acquisition of a 156 MW thermal power plant in West Bengal’s Haldia district. The deal has been signed with CESC Limited, Haldia Energy Limited, and other shareholders for a consideration of Rs. 7.9 billion. The Read more
Reliance New Energy Solar, a subsidiary of Reliance Industries Limited, has recently announced its acquisition of a 51% stake in Solar Sterling & Wilson for Rs. 28 billion. The deal is expected to strengthen Reliance’s presence in the solar energy sector and enable the company to expand its renewable energy Read more