Vitol Acquires 10% Stake in Green Hydrogen Firm ‘Gen2 Energy’ for undisclosed Amount

Energy trader Vitol has bought 10 per cent equity interest in a Norwegian producer of green hydrogen, Gen2 Energy, for an undisclosed amount.

Investment & Trading | April 27, 2021 | By Manu Tayal |  2419 readings

Powergrid InvIT to Open IPO of its Units on April 29

The initial public offering (IPO) of units of Powergrid Infrastructure Investment Trust (Powergrid InvIT) will open on April 29, 2021, at a price band of Rs...

Investment & Trading | April 26, 2021 | By Manu Tayal |  2748 readings

IEX Expands to South Asian Regional Power Market; Kicks-off Cross Border Electricity Trade

In a major development, the Indian Energy Exchange (IEX) has commenced the Cross Border Electricity Trade (CBET) on its platform. This is a first-of-its-kind...

Investment & Trading | April 19, 2021 | By Manu Tayal |  2392 readings

ReNew Power’s Ten Issuer Subsidiaries List $585 Mn Green Dollar Bonds on India INX

The ten subsidiaries of renewable energy IPP, ReNew Power, have been listed their 7.25 year USD 585 million foreign currency bonds exclusively on the Global...

Investment & Trading | April 16, 2021 | By Manu Tayal |  3163 readings

PNB Inks MoU with SwitchON for Solar Pump Financing

SwitchON Foundation has partnered with Punjab National Bank (PNB) for the promotion of solar pumps. A First Loss Default Guarantee Fund will be set up by SwitchON...

Investment & Trading | April 12, 2021 | By Manu Tayal |  2677 readings

India’s First Rs 150 Cr Ghaziabad ‘Green Bond’ Lists on BSE Bond Platform

The Ghaziabad Municipal Corporation (GMC), which raised Rs 150 crore via Municipal Bonds on a private placement basis using the BSE bond platform, was listed...

Investment & Trading | April 08, 2021 | By Manu Tayal |  2799 readings

Waaree Group’s Energy Storage Arm Raises $2Mn Seed Funding from HNI Investor

Waaree Group’s energy storage division, Waaree Energy Storage System (WESS), has secured a seed funding of USD 2 million from HNI investor. However, the...

Investment & Trading | April 07, 2021 | By Manu Tayal |  3247 readings

IEX Power Market Achieves All-Time High of 92% Growth at 8249 MU in March’21 on Increased Consumption

Spurred by the increasing demand for electricity across various States, the electricity market at Indian Energy Exchange (IEX) achieved an all-time high volume...

Investment & Trading | April 07, 2021 | By Manu Tayal |  2380 readings

GCF Sanctions $137 Mn FMO Investment in India’s Green Growth Equity Fund

The Board of the Green Climate Fund (GCF) has approved Dutch development bank FMO’s proposal to accelerate private and public sector investment in India’s...

Investment & Trading | April 05, 2021 | By Manu Tayal |  2525 readings

RE Stakeholders Commit for Addressing Investment Gaps at 6th ARE Energy Access Forum

The Alliance for Rural Electrification (ARE) concluded its 6th Energy Access Investment Forum (EAIF), hosted virtually and supported by GET.invest, a European...

Investment & Trading | March 27, 2021 | By News Bureau |  2595 readings