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Ircon Partners With NIIFL, Ayana to Explore Opportunities in Solar Energy

By : Sustainability ..., Jun 2, 2020

Ircon International Limited, formerly Indian Railway Construction Limited, an engineering and construction organisation has announced that it has signed a pact with the National Investment and Infrastructure Fund Limited (NIIFL) and Ayana Renewable Power for exploring...

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NTPC forms JV to set up waste to energy project

By : Sustainability ..., Jun 2, 2020

State-owned power giant NTPC on Monday said it has incorporated a joint venture firm NTPC EDMC Waste Solutions for developing and operating waste to energy project. "The NTPC Ltd has incorporated a Joint Venture Company with East Delhi Municipal Corporation (EDMC) with equity...

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Softbank-Bharti renewable JV looks to raise up to $750 million

By : Sustainability ..., May 29, 2020

SoftBank-backed renewable energy firm SBG Cleantech is set to reach out to financial and strategic investors to raise capital to fund its ongoing and pipeline projects in India and the US. SB Energy, the renewable energy arm of SoftBank, has mandated Bank of America Merrill...

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ONGC and NTPC to Form JV for Renewable Energy Business

By : Sustainability ..., May 22, 2020

The Oil and Natural Gas Corporation Limited (ONGC) and India’s largest power generation utility NTPC ltd are planning to set up a Joint Venture (JV) company for the renewable energy business. According to an ONGC statement, the two Maharatna’s entered into a Memorandum of...

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CCI approves JV between Adani Green Energy and Total S.A. in power generation

By : Sustainability ..., Apr 2, 2020

The Competition Commission of India (CCI) approves the formation of Joint ventures between Adani Green Energy Limited and Total S.A. in the business of power generation through solar energy in India. The proposed combination envisages Adani Green Energy Limited transferring...

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Adani Green Board Approves JV With Total Solar Singapore

By : Sustainability ..., Mar 25, 2020

Adani Green Energy Limited (AGEL) has announced that in furtherance to a press release issued by the company on February 6, 2020, the Board of Directors has at its meeting held on March 21, 2020, approved the draft of a joint venture (JV) agreement to be entered into with...

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GE Renewable Energy bags 300 MW turbine orders for Gujarat wind farm

By : Sustainability ..., Feb 27, 2020

GE Renewable Energy, a division of General Electric, on Wednesday said it has received an order from the EDF-SITAC joint venture to supply and install 112 of its 2.7 megawatt (MW) wind turbines at Gujarat’s Sitac Kabini wind.

“The...

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Eversource buys ex investment banker's biz, enters solar rooftop space

By : Sustainability ..., Feb 11, 2020

EverSource Capital, a JV between PE firm Everstone Capital and Lightsource BP, has acquired Origin Renewables - a company which is into solar rooftop space, as part of entering the rooftop focused commercial and industrial (C&I) business. Origin, which develops and...

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Mitsui & Co. to make electric vehicle motors in India

By : Sustainability ..., Jan 21, 2020

Japanese trading house Mitsui & Co. will produce electric vehicle motors in India in partnership with Taiwanese motor manufacturer Teco Electric and Machinery, likely becoming the first Japanese company to make EV motors in the country. Teco is the world's fourth-largest...

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Hero Cycles targets 5% of global e-bike market

By : Sustainability ..., Jan 20, 2020

Bicycle major Hero Cycles is riding on its overseas acquisitions to plan carve out a 5% share of the global electric bikes market. The company which has recently acquired a strategic stake in German premium e-bike manufacturer HNF Group — together with German investment trust...

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