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Actis Buys 400MW Solar Assets Of Kolkata-Based Atha Group

In a key development, Actis LLP has emerged successful in the bid to obtain solar power based assets of 400 MW from Kolkata-based Atha Group. The equity value had been pegged at $100 million. As per reports, sale purchase agreement is already inked between the two companies. The deal of the solar power assets is […]

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Bangladesh’s IDCOL Raises €80 Million From Germany’s Bank For RE Program

Infrastructure Development Co. (IDCOL), a Bangladeshi state infrastructure investor, has received a loan of €80 million ($81.4 million) from Germany’s KfW Development Bank to assist enterprises in installing solar plants and solar irrigation pumps. The KfW will sponsor the “Renewable Energy Programme II” project. The interest rate and other terms and conditions are currently being […]

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Energy Storage Company Sheru Enters Coveted Cleantech Open Accelerator Program

Delhi-based Energy Storage startup, Sheru has been selected for the Cleantech Open Accelerator program 2022 cohort. The Cleantech Open Accelerator program is offering entrepreneurs and innovators training and tools to help them build and expand their cleantech enterprises. Since 2005, it has assisted over 1,800 creative businesses in scaling up, growing, and making a good […]

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Quality Manager

As our Quality Manager you will provide core quality management services that will be used to support the development and project work streams in all their relevant activities. The core support services will include the management of Quality Assurance and Quality Control, Management of quality documents, Maintain and report on Non-conformance register on site and […]

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Shell Completes Acquisition Of Renewables Platform Sprng Energy Group

Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has completed 100% acquisition of Solenergi Power Private Limited and along with it, the Sprng Energy Group of Companies from Actis Solenergi Limited (Actis)- a leading global investor in sustainable infrastructure Sprng Energy, set up in 2017 by Actis, is a renewable energy […]

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Solar Glass Maker Borosil Renewables Still To Close Interfloat Acquisition

Mumbai based solar glass maker Borosil Renewables has paused its deal to acquire European Solar glassmaker Interfloat GmBH pending a more complete evaluation of the firm. Due to the recent incident of glass leakage around the melting area of the furnace at the solar glass manufacturing facility of GMB, the Board of Directors of the […]

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Capital A Invests In Oorja For Safe EVs In India

In a bid to catalyze the Indian electric vehicle (EV) industry, Capital A, a venture seed fund for early-stage start-ups has made a strategic investment in Oorja, which strives to empower automotive companies to design better batteries. The fund will be made available from “Evolve”, a $10-million cleantech fund that Capital A had launched earlier […]

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Varun Mehta Is Torrent Power’s New Director On Board In Succession Plan

Varun Mehta has been appointed to the Board of Torrent Power as Director. This move makes him the second third-generation member from the family to be elevated in a week’s time. This announcement comes close on the heels of the elevation of Aman Mehta, the son of Chairman, Torrent Group, Samir Mehta, to the board […]

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Ørsted Collaborates With Vietnamese Energy Player For Wind Projects

Danish utility and global offshore wind leader Ørsted has declared that it has signed a memorandum of understanding (MoU) with Vietnamese energy contractor PetroVietnam Technical Services Corporation Mechanical & Construction (PTSC M&C). This partnership will pave the way for a collaboration for the development of offshore wind projects in Vietnam and globally between the two […]

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