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…
In March 2022, ThomasLloyd Group, a global investment and advisory firm specializing in sustainable infrastructure, announced an investment of $34.6 million in SolarArise India, a leading solar power producer in India. This investment is aimed at supporting SolarArise’s growth and sustainability initiatives in the renewable energy sector. SolarArise India is Read more…
In April 2022, Linde India, a leading industrial gases and engineering company, announced an investment of Rs. 114 million in Avaada MHYavat, a subsidiary of Avaada Energy, one of India’s leading renewable energy companies. This investment is aimed at supporting Avaada MHYavat’s growth and sustainability initiatives in the renewable energy Read more…
Raising debt for solar projects in the Indian market can be a daunting task. Solar projects require a considerable amount of upfront capital investment, and banks are hesitant to lend without adequate collateral. Moreover, with the volatile nature of the solar industry and uncertainty over government policies and regulations, banks 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…