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Solar Farm projects

CleanMax Gets ₹1,650 Cr Equity Investment from Augment Infrastructure

Mumbai-based clean energy company CleanMax Enviro Energy Solutions Pvt. Ltd. has revealed that US investment firm Augment Infrastructure will acquire a majority stake in it for Rs 1,650 crore. Augment is purchasing the existing stake of Yellow Bell Investment Ltd (an affiliate of Warburg Pincus, a leading global private equity firm focused on growth investing) […]

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Asia Pacific Offshore Wind Market To Be Worth $56.8 B by 2026: Report

The global offshore wind market is expected to grow from an estimated USD 31.8 billion in 2021 to USD 56.8 billion by 2026, at a CAGR of 12.3% during the forecast period. During this time, the Asia Pacific region is expected to dominate the market. Offshore wind turbines are increasingly being installed and is showing […]

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SECI, Renew Power Sign PPA For 400 MW RTC Tender Won In 2020

ReNew Power has announced the signing of a Power Purchase Agreement (PPA) for Round-The-Clock (RTC) electricity supply, the first-of-its-kind in India. The PPA was signed with the Solar Energy Corporation of India (SECI) ReNew had won the bid to supply Round-The-Clock power in 2020 through an auction conducted by SECI. As per the contract, ReNew […]

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Finance Controller

1. Financial Closing of Books of Accounts and Audit there of:- Compliance of Indian Accounting Standard and GAAP. Timely closure of Accounts as per schedule. Resolution of issues with Statutory Auditors and ensure no adverse remarks in Audit Report etc. 2. Accounts Receivable Management & payable management:- Ensuring no revenue leakage with proper monitoring and […]

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GoodWe Adds Another Success Story, In Gujarat This Time

Inverter firm GoodWe, one of the leading players in the rooftop segment until now, has been making strong progress in the broader C&I space and ground mounted space too. The Saurashtra region of Gujarat, a solar hotspot for India now, with its strategic geographical advantage of abundant sunshine throughout the year has been  happy hunting […]

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APTEL Orders Rs 8.40/unit Payment to Karnataka Developer, Reversing KERC Order

In a major win for developer Clearsky Solar Private Limited (CSPL), the Appellate Tribunal for Electricity (APTEL) has ruled in favour of the solar developer and directed Gulbarga Electricity Supply Company Limited (GESCOM) to pay it compensation on account of delays in the commercial operation of a solar project in Karnataka. The present ruling came […]

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Equinor, RES & Green Giraffe Partners for Floating Offshore Wind in France

Equinor, RES, and Green Giraffe join forces and form Océole, a partnership dedicated to developing floating offshore wind in France.  Océole will evaluate and work towards submitting bids in the upcoming floating offshore wind tenders held by the French government. Establishing this partnership is in line with the three companies’ ambition of delivering high-performance floating offshore […]

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Italian Oil Major Eni Acquires Big RE Portfolio in France and Spain

Italian oil and gas company Eni has acquired renewable energy portfolios in Spain and France through two separate deals: the acquisition of 9 RE projects totalling 1.2 GW capacity from Azora Capital in Spain; and the acquisition of the Dhamma Energy Group, whose solar projects at various stages of development in France and Spain have a cumulative capacity […]

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