Home » Daily Newsletter » AMPIN Energy Bags $50 Million From Siemens
Haryana-based K2 Infragen, an EPC company, has secured a solar EPC project (With the supply of BOS material) contract of 67.61 Mega Watt DC in Gujarat. This solar project is part of a 450 MWp project being developed by Coal India Limited in Khavda, Gujarat....
NTPC today announced the commissioning of its 245 MW Nokh Solar Project in Rajasthan. In its latest regulatory filing, the company said, “With this, the total installed and commercial capacity of NTPC, on a standalone and group basis, has now reached 59,413 MW and 77,806.50...
Waaree Energies recently announced a slew of decisions including its decision to establish an additional 1.6 GW module manufacturing line at its unit situated in Brookshire, Texas in the USA. While sharing this update before a regulatory filing Waaree Energies elaborated that it also plans...
BluPine Energy, a leading renewable energy services company established in India by global infrastructure investor Actis, has successfully closed a structured financing deal of ₹1,787 crore with the National Bank for Financing Infrastructure and Development (NaBFID). This deal is designed to optimize financial structuring, enhance...
Indian Renewable Energy Development Agency Limited (IREDA) has raised ₹910.37 crore through the issuance of Privately Placed Subordinated Tier-II Bonds for a 10-year tenure at an annual coupon rate of 7.74%. The raising of Tier-II Bonds aims to tap liquidity in the current financial market...
Pentagreen Capital (Pentagreen) and British International Investment (BII) have announced joint financing of US$80 million to accelerate the rollout of utility-scale solar and battery storage projects across Southeast Asia. These companies are developing their latest project in collaboration with ib vogt Singapore Pte. Ltd. (ib...
TPG, a leading global alternative asset management firm, and Siemens Gamesa, a wind power subsidiary of Siemens Energy and leading wind turbine manufacturer, have announced they have entered into an agreement, under which TPG will acquire a majority stake in Siemens Gamesa’s onshore wind turbine...
Bangladesh, where much else besides its renewables plans were disrupted as a result of the student backed movement that overthrew the then government of Sheikh Hasina last year, has a lot of catching up to do. Not only has the country been embroiled in disputes...
The Asian Development Bank (ADB) and Shriram Finance Limited have signed a loan agreement for $150 million to boost access to finance for micro, small, and medium-sized enterprises (MSMEs) in India. The agreement will focus on granting business loans for financing electric vehicles (EVs) and...
Electric two-wheeler manufacturer BattRE is back on a growth trajectory, reporting an 18% increase in FY24, compared to a 6% decline in FY23. However, its profit remained unchanged during the last fiscal year. BattRE’s revenue from operations increased to Rs 102.5 crore in FY24 from...
PURE, an electric mobility and clean energy company, has introduced PuREPower, an energy storage product line catering to homes, businesses, and the grid. The product range includes PuREPower Home, PuREPower Commercial, and the upcoming PuREPower Grid, aimed at addressing India’s growing energy storage needs. PuREPower...
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