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Hero Future in talks to buy Fotowatio’s solar project in India

By : editor_2, Jan 18, 2019

Hero Future Energies Pvt. Ltd is in talks to acquire Fotowatio Renewable Ventures’s 135 megawatt (MW) solar power project in India, two people aware of the development said. Owned by Abdul Latif...

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Petronas in talks to buy a majority stake in Amplus Energy

By : editor_2, Jan 16, 2019

Malaysia’s state-owned oil and gas company, Petroliam Nasional Berhad, or Petronas, is in talks with New York-based I Squared Capital to buy a majority stake in Amplus Energy Solutions Pvt. Ltd...

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Gujarat to add 15,000 MW of renewable power by 2022

By : editor_2, Jan 11, 2019

The Gujarat government on Thursday announced Rs 1 lakh crore investment in the renewable energy (RE) sector in the next three years, aimed at adding 15,000MW capacity.

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EBRD Releases Green Bonds worth €600 Million

By : editor_2, Jan 8, 2019

The European Bank for Reconstruction and Development (EBRD) has announced that it has released a 600 million euro ($685 million) green bond with a tenure of fie-year.

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Shell to acquire 49% stake in Cleantech Solar

By : editor_2, Dec 20, 2018

Royal Dutch Shell Plc has picked up 49% stake in Cleantech Solar, a Southeast Asia and India-focused solar energy systems developer, for $100 million in what could be the British energy giant’s...

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GE Renewable Energy wins order to supply wind turbines to ReNew Power

By : editor_2, Dec 20, 2018

GE Renewable Energy announced on Wednesday it has been selected by ReNew Power to provide 120 GE 2.5-132 turbines for the Gadhsisa Wind Farm in Gujarat, India.

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Cabinet Approves Sale Of Government’s Stake In REC To Power Finance Corporation

By : editor_2, Dec 7, 2018

The cabinet approved the sale of government’s entire 52.63 percent in power sector financier REC Ltd. to state-run peer Power Finance Corporation Ltd. as it looks to mop up funds through such a...

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Freyr Energy raises Rs 27 crore

By : editor_2, Nov 27, 2018

Freyr Energy, a Hyderabad-based rooftop solar company, has raised Rs 27 crore through a mix of equity and debt. This Series-A round was led by C4D Partners, a Netherlands-based Impact Investment...

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CDC Group plans Ayana stake sale to raise $100 million

By : editor_2, Nov 27, 2018

CDC Group Plc, the UK government’s development finance institution, plans to raise around $100 million by selling a stake in Ayana Renewable Power, its renewable energy platform recently...

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Shapoorji Pallonji Group plans $1 billion asset sale of solar unit

By : editor_2, Nov 21, 2018

India’s Shapoorji Pallonji Group plans to seek about $1 billion by bringing outside investors into its solar unit, as it embarks on a series of asset sales across the 153-year-old conglomerate...

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