Solar captive power projects are gaining immense popularity in India as more and more industries are realizing the benefits of investing in these projects. Captive solar power plants are those that generate electricity for a single user, such as an industry or a commercial establishment, for their own consumption, rather Read more
As the world continues to push towards a cleaner and more sustainable future, finding ways to store and use renewable energy effectively becomes increasingly important. One promising avenue is the use of ammonia as an energy storage medium. Not only can ammonia be stored in bulk in liquid form at Read more
Disruptive approaches are often seen as a threat to established businesses, but they can actually be a catalyst for growth and evolution in the market. One such example is Reliance New Energy’s plans to enter the green hydrogen business, which could disrupt the entire energy industry and pave the way Read more
SJVN, a joint venture between the Government of India and the Government of Himachal Pradesh, announced a Rs 3.14 billion investment in SolarWorld Energy Solutions Pvt Ltd in November 2021. This investment is a significant step towards SJVN’s goal of becoming a leading renewable energy player in India. SolarWorld Energy Read more
In February 2022, Torrent Power, one of the leading power distribution companies in India, announced an investment of Rs 1.63 billion in Visual Percept Solar, a solar power developer. This investment is aimed at enhancing Torrent Power’s renewable energy portfolio and reducing its carbon footprint. Visual Percept Solar is a Read more
The duty imposition on solar panels is aimed at boosting the domestic manufacturing capability in India. This move is intended to provide a level playing field for domestic manufacturers to compete with Chinese players in the solar panel market. Currently, domestic modules trade at a discount of 7-10% to global 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
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
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
Reliance New Energy Solar, a subsidiary of Reliance Industries Limited, has recently made a significant move in the renewable energy sector by acquiring REC Solar Holdings for $771 million. The acquisition is expected to strengthen Reliance’s position in the solar energy market and enable the company to expand its renewable Read more