Daily News Wrap-up_ NTPC Commissions 70 MW Capacity of a Solar Project

Daily News Wrap-up: NTPC Commissions 70 MW Capacity of a Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: NTPC has announced that 70 MW of 85 MW Bilhaur Solar PV Project at Bilhaur, Uttar Pradesh, ...
/ / Other, Renewable Energy
Daily News Wrap-up: Adani Green Completes the Acquisition of a 20 MW Solar Project

Daily News Wrap-up: Adani Green Completes the Acquisition of a 20 MW Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: Adani Green Energy Limited has completed the acquisition of 100% of the share capital and all the ...
/ / Other, Renewable Energy
Daily News Wrap-Up: ReNew Power Commissions a 300 MW Wind Project in Gujarat

Daily News Wrap-Up: ReNew Power Commissions a 300 MW Wind Project in Gujarat

Here are some noteworthy cleantech announcements of the day from around the world: ReNew Power has commissioned a 300 MW of wind power project in Kutch, Gujarat. The project was ...
/ / Other, Renewable Energy
Engie

Edelweiss Infrastructure Acquires 74% Stake in Engie’s Solar Portfolio in India

In one of the largest transactions in the renewables space in the last year, Edelweiss Infrastructure Yield Plus (EIYP), an alternative investment fund managed by Edelweiss Alternative Asset Advisors Limited ...
/ / Finance and M&A, Solar
Adani Green to Acquire a 75 MW of Solar Project from Sterling and Wilson (3)

Adani Green to Acquire a 75 MW Solar Project from Sterling and Wilson

Adani Green Energy Limited (AGEL) has announced that it will acquire 75 MW of operational solar assets in Telangana from Sterling and Wilson, a Shapoorji Pallonji Group subsidiary, for ₹4.46 ...
Lithium-Ion Battery Manufacturer Northvolt Acquires Cuberg

Lithium-Ion Battery Manufacturer Northvolt Acquires Cuberg

Northvolt, a Sweden-based lithium-ion battery manufacturer, has acquired Cuberg, a U.S.-based battery technology company delivering lithium metal cells produced on existing lithium-ion manufacturing lines for electromobility solutions. Cuberg, spun out ...
/ / Finance and M&A, Other
Daily News Wrap-Up_ Rosatom to Acquire 49% Stake in South Korean Energy Storage Company

Daily News Wrap-Up: Rosatom to Acquire 49% Stake in South Korean Energy Storage Company

Here are some noteworthy cleantech announcements of the day from around the world: RENERA, an energy storage business arm of Rosatom, has signed an agreement to acquire a 49% share ...
/ / Other, Renewable Energy
IndiGrid To Acquire Transmission Project from Sterlite Power for ₹46.25 Billion

IndiGrid To Acquire Transmission Project from Sterlite Power for ₹46.25 Billion

Infrastructure investment trust IndiGrid has signed a share purchase agreement to acquire NER–II transmission project from Sterlite Power for about ₹46.25 billion (~$632.9 million). The acquisition would increase IndiGrid's assets ...
/ / Grid, T&D
Siemens Acquires C&S Electric for ₹21 Billion, Expands to Low-Voltage Power Market

Siemens Acquires C&S Electric for ₹21 Billion, Expands to Low-Voltage Power Market

Siemens has acquired an electrical equipment manufacturer C&S Electric after receiving the Competition Commission of India's approval. The company has completed the acquisition of 99.22% equity shares of C&S Electric ...
/ / Finance and M&A, Other
Sterling and Wilson Subsidiary Acquires GCO Solar

Sterling and Wilson Subsidiary Acquires GCO Solar

Sterling and Wilson International Solar FZCO (SWFZCO) announced that it has fully acquired the equity share capital of GCO Solar, an Australia-based electrical and solar contractor. In a BSE filing, ...
GreenCell Joins Hands with PMI Electro to Deploy 350 Electric Buses Across Uttar Pradesh

GreenCell Joins Hands with PMI Electro to Deploy 350 Electric Buses Across Uttar Pradesh

GreenCell Mobility, an electric mobility-as-a-service (eMaaS) platform, has announced that it is investing ₹4 billion (~$55.09 million) in a consortium run by PMI Electro Mobility Solutions to deploy 350 electric ...
Enphase Energy to Acquire DIN Engineering Services' Solar Design Business

Enphase Energy to Acquire DIN Engineering Services’ Solar Design Business

Enphase Energy, a U.S.-based energy technology company, has said it is acquiring DIN Engineering Services' Solar Design Services business. The acquisition will be closed by March 31, 2021. DIN Engineering ...
/ / Finance and M&A, Solar
First Solar To Sell 10 GW of its US Solar Project Platform to Leeward Renewable Energy

First Solar To Sell 10 GW of its US Solar Project Platform to Leeward Renewable Energy

First Solar, a U.S.-based solar panels manufacturer, has signed an agreement with Leeward Renewable Energy to sell its utility-scale solar project platform of around 10 GWac. The transaction will be ...
/ / Finance and M&A, Solar
Adani Green to Acquire a 20 MW Solar Project in Uttar Pradesh

Adani Green to Acquire a 20 MW Solar Project in Uttar Pradesh

Adani Green Energy (AGEL) has signed a security purchase agreement with Hindustan Cleanenergy and Peridot Power Ventures to acquire Spinel Energy and Infrastructure (SEIL)'s total share capital and securities. SEIL ...
/ / Finance and M&A, Solar
French Oil and Gas Major Total to Acquire 20% Stake in Adani Green

French Oil and Gas Major Total to Acquire 20% Stake in Adani Green for $2.5 Billion

Total, a French oil and gas major, has acquired a 20% minority interest in Adani Green Energy (AGEL)  from Adani Group. The two partners agreed to the acquisition of a ...
/ / Finance and M&A, Other
Naturgy Enters the US Renewable Energy Market with Acquisition of Hamel Renewables

Naturgy Enters the US Renewable Energy Market with Acquisition of Hamel Renewables

Naturgy, a Spain-based gas and energy utility company, has entered into the U.S. renewable energy market by acquiring a U.S.-based solar and storage development platform Hamel Renewables. The acquisition incorporates ...
/ / Finance and M&A, Solar
Solar Sector Sees Broad-based Recovery, Funding Rises by 24% in 2020

Solar Sector Sees Broad-based Recovery, Funding Rises by 24% in 2020

The global corporate funding into the solar sector - including venture capital (VC), private equity (PE), debt financing, and public market financing - increased 24% to $14.5 billion in 2020 ...
Belectric's US Solar Operations and Maintenance Business Acquired by CAMS

Belectric’s US Solar Operations and Maintenance Business Acquired by CAMS

US-based Consolidated Asset Management Services (CAMS) has acquired Belectric's US solar operations and maintenance (O&M) business, including its 141 operating sites across 11 states. With this acquisition, the company continues ...
/ / Finance and M&A, Solar
Daily News Wrap-Up_ Adani Green Commissions a 25 MW Solar Project in Uttar Pradesh

Daily News Wrap-Up: Adani Green Commissions a 25 MW Solar Project in Uttar Pradesh

Here are some noteworthy cleantech announcements of the day from around the world: Adani Solar Energy Chitrakoot One, a step-down subsidiary of Adani Green Energy, has commissioned a 25 MW ...
/ / Other, Renewable Energy
Project Finance Brief_ Capital Dynamics Buys 100% Stake in a 175 MW Solar Project

Project Finance Brief: Capital Dynamics Buys 100% Stake in a 175 MW Solar Project

Sonnedix Japan, an independent solar power producer, on behalf of the Sonnedix Group, completed the acquisition of a 55.6 MW ground-mounted solar PV project. The project, located in  Hitachi City, ...
/ / Other, Renewable Energy
IndiGrid to Acquire Two Solar Projects in Andhra Pradesh from Spain’s Fotowalio Renewable

IndiGrid to Acquire Two Solar Projects in Andhra Pradesh from Spain’s Fotowatio Renewable

IndiGrid Investment Managers Limited announced that it had signed a securities purchase agreement to acquire two solar projects of capacity 50 MW each from Madrid-based developer Fotowatio Renewable Ventures (FRV), FRV Solar ...
/ / Finance and M&A, Solar
SunEdison to Acquire 36% Stake in Sherisha Solar with a Capital Infusion of ₹187 Million

SunEdison to Acquire 36% Stake in Sherisha Solar with a Capital Infusion of ₹187 Million

The board of directors of the Chennai-based renewable energy company, SunEdison Infrastructure Limited, has approved a capital contribution of ₹187 million (~$2.5 million) in Sherisha Solar Limited Liability Partnership (LLP) ...
/ / Finance and M&A, Solar
Brookfield Renewable Acquires 360 MW of Distributed Solar Assets for $810 Milllion

Brookfield Renewable Acquires 360 MW of Distributed Solar Assets for $810 Million

Canada-based renewable energy investor Brookfield Renewable, along with its institutional partners, announced its entry into a definitive agreement with Exelon Generation Company. Brookfield Renewable will acquire a distributed generation development ...
/ / Finance and M&A, Solar
BayWa to Sell 49% Stake in Renewable Subsidiary to Energy Infrastructure Partners

BayWa to Sell 49% Stake in Renewable Subsidiary to Energy Infrastructure Partners

BayWa AG has concluded its investor search for the planned capital increase at BayWa r.e. renewable energy GmbH (BayWa r.e.), a renewable project developer. BayWa r.e will receive an equity ...
/ / Finance and M&A, Other
NTPC Seeks Consultant for Technical Due Diligence of Operational Solar Assets

NTPC Seeks Consultant for Technical Due Diligence of Operational Solar Assets

NTPC Limited has invited bids for a consultant's appointment for technical due-diligence of operational solar assets of target companies received through a global request for proposal (RFP) process. The last ...
/ / Markets & Policy, Solar