SUBSCRIBE NEWS LETTER

Electricity Act

InvIT: IndiGrid Gets Investment Commitments From AIMCo, HDFC, Others

IndiGrid, a power sector infrastructure investment trust (InvIT), recently launched its preferential issue process following the successful conclusion of the Offer-for-Sale (OFS) by its sponsor, KKR. IndiGrid has received investment commitments from Alberta Investment Management Corporation (AIMCo), one of Canada’s leading institutional investment managers, and HDFC Life, an insurance provider, for investments of Rs. 567 […]

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Extended Wait Ahead For Any Price Drops In Solar, Wind

If you track India’s renewable sector, you couldn’t have failed to notice the seeming exuberance in recent months. Amplified by the soaring valuations of listed firms on the country’s stock exchanges, at SaurEnergy, we have tracked how a basket of ‘green energy’ stocks we track has grown over 120% in value over a year. This […]

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Mergence, Solarise Africa Invest R160 Million In South Africa

Solarise Africa, an Energy-as-a-Service company, has announced a strategic partnership with Mergence Investment Managers, securing an R160 million investment to expand Commercial & Industrial (C&I) renewable energy solutions across South Africa. The introduction of local debt and a mezzanine facility will enhance the company’s ability to increase its industry presence and impact renewable energy adoption. […]

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Shyam Metalics & Energy Launches 10 MW RE Projects

Shyam Metalics and Energy Ltd., an integrated metal manufacturing company in India, is set to venture into clean energy by integrating rooftop and floating solar installations across their pan-India facilities. This initiative is part of the company’s commitment to sustainable energy, decarbonization, and supporting the country’s green and clean energy mission. The company has announced […]

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Lower CUF: MERC Declines ACME’s Plea For Penalty Exemption

The Maharashtra Electricity Regulatory Commission (MERC), in its latest judgment, declined to grant ACME any relief for its shortfall in meeting the committed Capacity Utilisation Factor (CUF) from its 300 MW solar project at Bhadla in Rajasthan. ACME had signed a Power Purchase Agreement (PPA) with the Maharashtra State Electricity Distribution Co Ltd (MSEDCL) to […]

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Continuum Green Energy Secures $150Mn To Deploy RE Projects Across India

Continuum Green Energy (Continuum), a leading renewable energy group in India serving commercial and industrial consumers, has entered into a definitive agreement with Just Climate. Under this agreement, Just Climate will invest Rs. 12.56 billion (approximately US$ 150 million) in new equity to support Continuum’s ongoing deployment of wind-solar-hybrid energy generation and storage projects across […]

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Is Community Solar A Key Piece In India’s Clean Energy Strategy?

India’s ambitious renewable energy targets highlight a promising model for democratizing access to clean energy—community solar. Despite the global momentum and success stories, community solar has faced hurdles in gaining traction within India. With existing financial support for various clean energy schemes, the path from concept to a widespread adoption has not been smooth in […]

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