SUBSCRIBE NEWS LETTER

private capital

Anil Ambani’s Reliance & Solar Module Manufacturing- Will It Work Now?

Anil Ambani-led Reliance Power and its subsidiaries have already tried their hands with power generation and have also stepped ahead towards battery energy storage projects. The company has also announced ventures in  solar energy generation projects and renewable energy broadly. But will they venture into the solar module manufacturing business too? Some latest media reports […]

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Poly Medicure, AMPIN Form JV For Haryana Solar Project

Poly Medicure, a medical devices manufacturer and exporter, recently formed a Joint Venture Company (JVC) with AMPIN Energy Transition (formerly Amp Energy), to establish a solar power project. The collaboration aims to set up a solar power project, to supply power to the company as a captive generating plant for the company’s manufacturing facility, in […]

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Waaree Energies, JSW Acquire Renewable Assets In Deals Amounting to Rs 1400 Crores

On Jan 10, Waaree Energies Limited announced  the signing of a Share Purchase Agreement with Enel Green Power Development S.r.l (“Seller”) for acquisition of 100% of the share capital of Enel Green Power India Private Limited for a total amount of upto INR 792 Crores, subject to customary closing adjustments. Italy-based Enel is one of […]

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Green Stocks Jan 9: Slide Continues Unabated For Green Stocks

The slide in prices continued to weigh down most of the stocks, as all, except Borosil Renewables, and Acme Solar suffered losses today or barely held on. While Acme Solar rode the announcement of a small commissioning, that is clearly no guarantee of stock performance in the future, as broader market sentiments shift. For now, […]

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Husk’s Solar Capacity Hits 20 MW, 100 MW Pipeline Set For 2025

MiniGrid operator Husk recently electrified 200 new communities in 12 months, doubling its fleet of solar mini-grids. Husk is now present in over 400 communities in rural Sub-Saharan Africa and South Asia, serving more than 1.5 million people and over 30,000 small businesses. Its community electrification projects are spread across rural India and Nigeria. This […]

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Telangana Eyes 34 GW Of Solar Capacity With New RE Capacity

Telangana Government recently released its draft Renewable Energy Policy 2024 intending to increase its renewable energy capacity. The state currently has a total solar capacity of 4,842.10 MW while it has 128.10 MW of wind energy capacity. Telangana’s latest renewable energy policy aims to achieve 34 GW of solar capacity. It has planned to achieve […]

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Pennar, Zetwerk To Enter Into JV For Solar Module Manufacturing

Telangana-based Pennar Industries recently executed a Joint Venture Agreement with Zetwerk Manufacturing Businesses and others for the incorporation of a Joint Venture company. They entered the joint venture by subscribing to the equity share capital of the Joint Venture Company. Pennar Industries said in a regulatory filing, “The proposed Joint Venture company will be formed […]

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ACME’s Subsidiary Secures Rs. 1,988 Cr Financing From PFC

ACME Renewtech Private Limited, a subsidiary of Haryana-based ACME Solar Holdings (ACME Solar) recently secured Rs. 1,988 crore term loan financing from Power Finance Corporation (PFC).  This financing will fund the development and construction of a 300 MW Solar-Wind Hybrid Renewable Energy Project. The project will be located in high-resource potential areas, with solar capacity […]

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The 10 Big Milestones That Will Define India’s RE Sector In 2025

The Indian renewable energy market witnessed several historic events in 2024. These include policy changes, diversified and copious tenders, a record pace of green project installations, bulging order books across manufacturers, EPCs and more. While the overarching focus of the year was to be self-reliant in manufacturing, with real progress finally visible, China still cast […]

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