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Greenko Secures $824 Million in Equity Funding from GIC and ADIA

The new capital will be used to fund its business plan, which includes the CAPEX of IREP projects and also other opportunistic and valuable acquisitions. Greenko...

Business | July 12, 2019 | By News Bureau | 2773 readings

Power Charges Rise Approximately 50% at IEX

Some states have been asked to supply power 24x7 leading to amplified buying from the exchange. Power prices during the 9 pm – 10 pm slot were highest...

Business | July 12, 2019 | By News Bureau | 2491 readings

L&T Secures "Substantial" Orders Across Several Business Segments

The company did not provide the value of the contracts but said the orders fall under "significant" category which ranges between Rs 1,000 crore and...

Business | July 11, 2019 | By News Bureau | 2641 readings

India’s RE Investments Surged by 10 percent,stands at $5.9 Billion in 1st Half of 2019

The jump in investments in solar and wind energy projects in India came even as the global renewable energy investments dropped 14 percent to $117 billion,...

Business | July 11, 2019 | By News Bureau | 2455 readings

Sungrow Reaches 4 GW Milestone in Indian Market

Sungrow is taking the lead in supporting the Indian energy transition and is witnessing a standout performance with optimal products and established service...

Business | July 11, 2019 | By News Bureau | 2737 readings

CERC Sanctions NTPC Category ‘I’ License for Inter State Trading of Electricity

NTPC had appealed the CERC pursuing a grant of Category I license for inter-state trading in electricity in all states and Union Territories. In its petition,...

Business | July 11, 2019 | By News Bureau | 2508 readings

SunEdison Capitalizing Rs 2.12 Cr for Acquiring Major Stake in two RE Companies

SunEdison, which is into the installation of solar water pumps, solar rooftop panels, etc announced the development. The company is expecting that the procurement...

Business | July 10, 2019 | By News Bureau | 2487 readings

Sembcorp to Invest Equity Worth Rs 516.9 Crores in SEIL to boost RE Business

With this infusion of about Rs.516.9 crore into the SEIL to support the growth of its India renewable energy business, Sembcorp's operative stake in the energy...

Business | July 10, 2019 | By News Bureau | 2348 readings

First WSDS 2020 Pre-Event Held in Monaco; Deliberates on RE & EV

As an outcome of the Monaco summit, TERI and Messe München India signed a Memorandum of Understanding, which will extend the Indian IFAT network to include...

Business | July 10, 2019 | By News Bureau | 2608 readings

Global Power M&A Market Remained Strong in 2018, Transaction around US$158 Billion: GlobalData

Out of the 622 transactions reported in 2018, 597 were acquisitions while the remaining 25 were mergers. As of 2019 year-to-date (YTD), 244 M&A deals were...

Business | July 10, 2019 | By News Bureau | 2326 readings