Home » Daily Newsletter » KKR Invests in Hero Future Energies in $450 Million Transaction
New York's Kohlberg Kravis Roberts & Company (KKR), a leading global investment firm, and Hero Future Energies (“HFE”)- the renewable energy arm of the Hero Group, have announced the signing of definitive agreements. Under the agreements, KKR and the Hero Group will invest $450 million...
The 750 MW grid-connected solar project power purchase auction for Gujarat Urja Vikas Nigam (GUVNL) has concluded Solarcraft Power India, Solairedirect Energy, Tata Power Renewable Energy, and Utkrrisht Solar Energy as the winners. Solairedirect won 200 MW at Rs. 2.50/kWh, and Solarcraft earned 120 MW...
India’s RE conglomerate Azure Power has announced that it has entered into an agreement for 600 MWdc of high-performance, advanced thin film photovoltaic (PV) solar modules from the US-based solar modules manufacturer First Solar. Azure Power said that the agreement is the first for production...
In Madhya Pradesh's Dhar area, Adani Green Energy Limited commissioned a 325MW wind energy power plant. With this, Adani Green Energy Limited's (AGEL) operational generation capacity has increased to 6.1 gigawatts. 324.4MW (325MW) wind power plant in Dhar, Madhya Pradesh, had been inaugurated by Adani...
Vikram Solar, one of India’s leading module manufacturers and comprehensive EPC solar solutions provider has been awarded a 350 MW module supply order from a leading Independent Power Producer (IPP) in the United States (US). The project will be located in the state of Arizona....
Telangana State Renewable Energy Development Corporation Ltd (TSREDCO) has invited a tender for 16MW grid connected (13 MW + 3 MW) & 14 MW (11MW + 3 MW) through captive mode + 2 MW net-metering mode) grid-connected rooftop solar systems on the cycling track for...
Tamil Nadu Co-operative Milk Producers' Federation Limited (TCMPFL) has invited bids for 15 MW of open-access solar power projects under the group captive model. The last date for submitting the bid for this 15 MW solar power project is October 17, 2022, and bids will...
Global inverter and storage player Sungrow showcased its PV inverters and energy storage systems for utility, commercial & industrial, and residential applications during the ASEAN Sustainable Energy Week 2022. With special attention to Thailand's C&I market, Sungrow launched its latest commercial PV inverter SG125CX and...
Texas-based FTC Solar, that supplies solar tracker systems, software, and engineering services, has announced that it has introduced a new and differentiated, one module in portrait (1P) Solar Tracker Solution called ‘Pioneer.’ Nagendra Cherukupalli, Chief Technology Officer, FTC Solar, said, "Pioneer achieves a full 18...
The Delhi Government has revealed that it will install over 5,000 kerbside charging stations for electric vehicles on all main roads in the next three years. The implementation of EV kerbside charging in Delhi was the topic of a meeting called by Jasmine Shah, Vice...
Pune-based electric bus manufacturer and the Megha Engineering and Infrastructures Ltd (MEIL Group's) subsidiary company, Olectra Greentech, and its transporter partner named Evey Trans consortium have bagged orders for 123 E-buses worth Rs 185 crore from Thane Municipal Transport Undertaking in Maharashtra. Olectra Greentech and...
TES, a global leader in sustainable technology services, has signed an MoU with Singapore-based transportation company, Strides Mobility to collaborate on lithium-ion battery recycling and electric vehicle charging infrastructure expansion in Singapore. Under the agreement, TES and Strides Mobility will work on EV battery recycling...
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