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Revayu Energy Raises Equity Funding from UK-based Investor

It is planning to use the funding amount for the upgradation of its products, to setup an AI-based software to enhance the operation & maintenance (O&M)...

Investment & Trading | December 31, 2020 | By Manu Tayal | 2837 readings

K’taka Clears 5 Proposals worth Rs 26,659 Cr including EV, Li-Ion Cell & Battery Manufacturing

The 55th State High-Level Clearance Committee (SHLCC) meeting chaired by Karnataka Chief Minister B S Yediyurappa cleared 5 projects with a total investment...

Investment & Trading | December 22, 2020 | By Manu Tayal | 3489 readings

Borosil Renewables Raises Rs 200 Cr from Convergent Finance via QIP Issue

India’s first and only solar glass manufacturer Borosil Renewables Ltd (BRL) has successfully completed the fund raising of Rs 200 crore from Convergent...

Investment & Trading | December 18, 2020 | By Manu Tayal | 2646 readings

Vestas to Buy 25% Stake in Fund Manager CIP for about EUR 500m; Aims to Expand Footprints

Danish wind turbine maker Vestas has invested in fund manager Copenhagen Infrastructure Partners (CIP) to acquire a 25 per cent minority shareholding in the...

Investment & Trading | December 18, 2020 | By Manu Tayal | 2440 readings

Ayana Renewable Secures Additional $390Mn Equity Funding; NIIF to Be Major Stakeholder

To date, Ayana has received equity funding of $721 million, which the company felt sufficient to scale up its renewable energy portfolio to more than 4GW over...

Investment & Trading | December 18, 2020 | By Manu Tayal | 2409 readings

Snam Increased Investments to € 7.4 Bn in 2020-2024 Plan and Net Zero Emissions Target by 2040

Italian energy infrastructure company Snam has presented the 2020-2024 plan with approx. € 7.4 billion of investments, as compared to the 2019-2023 plan...

Investment & Trading | November 26, 2020 | By Manu Tayal | 2472 readings

Nautilus Closes $95 Mn Community Solar Financing with Credit Suisse

The facility will provide competitive long-term financing for fourteen community solar projects across Rhode Island, Maryland, New York, and Minnesota, amounting...

Investment & Trading | November 25, 2020 | By Manu Tayal | 2294 readings

Vesper Energy Gets $100Mn Financing to Develop 3GW Solar, 2.5GWh Energy Storage Proj Pipeline

The company further said that it will use this LC facility to cost-effectively post securities for power purchase agreements (PPAs) and interconnection agreements...

Investment & Trading | November 24, 2020 | By Manu Tayal | 2498 readings

Finnish Investor Finnfund Enters e-Mobility Space by Investing in Fortum’s FCDIPL

With an aim to speed up its efforts in setting up electric vehicle (EV) charging infrastructure in India, Fortum has entered into an agreement with Finnish...

Investment & Trading | November 09, 2020 | By Manu Tayal | 2114 readings

IEX Electricity Market Registers 76% Growth; Trades 6743 MU Volume in Oct’20

The Indian Energy Exchange (IEX) traded electricity volume of 6743 MU in October’20 witnessed a significant 76 per cent YoY growth. The national peak...

Investment & Trading | November 04, 2020 | By Manu Tayal | 2260 readings