German Solar Developer ib vogt GmbH Acquires Majority Stake in Singapore’s nv vogt

Power Finance Corporation’s Acquisition of 52% Stake in REC Approved

The Competition Commission of India has announced that it has approved Power Finance Corporation’s (PFC) acquisition of 52% stake in Rural Electrification Corporation (REC). In December 2018, the acquisition received ...
/ / Markets & Policy, Solar
Open Access Banked Units Can be Adjusted If Power Sourced from Same Generator: MERC

Sunseap Group Acquires Minority Stake in Australian EPC Company Todae Solar

Sunseap Group has acquired a minority stake in Todae Solar, an Australian commercial and industrial engineering, procurement and construction (EPC) solar company. According to Sunseap, a Southeast Asia-based renewable energy ...
/ / Finance and M&A, Solar
Uttar Pradesh Invites Bids for 200 MW in its Private Sector Owned Solar Park

Canadian Firm AMP Solar Acquires Remaining 51% Stake in Rudra Solarfarms for $2 Million

AMP Solar, a Canadian renewable developer, has acquired the remaining 51 percent stake in Rudra Solarfarms, a special purpose vehicle built by another renewable developer Suzlon to execute the 15 ...
/ / Finance and M&A, Solar
Haryana Electricity Regulator Approves PPA with Deviations for a 10 MW Solar Project

Adani Green Energy Acquires Remaining 51% Stake in Karnataka’s Kodangal Solar Parks

Adani Green Energy has announced the acquisition of a 51 percent equity share capital in Kodangal Solar Parks Private Limited (KSPPL), comprising a 20 MW solar project which was incorporated ...
/ / Finance and M&A, Solar
CLP India Completes Acquisition of Suzlon’s Tornado Solarfarms for ₹325 Million

CLP India Completes Acquisition of Suzlon’s Tornado Solarfarms for ₹325 Million

CLP India, one of the largest foreign investors in the Indian power sector, and domestic renewable energy project developer Suzlon have executed a deal for the sale of Tornado Solarfarms Limited to ...
/ / Finance and M&A, Solar
Solar Developers Win Four Project Commissioning Delay Cases in Telangana

Canadian Solar Completes Purchase of 30 MW of Solar Projects in Telangana from Suzlon

Canadian Solar, a global module supplier and solar project developer, has announced that it has acquired remaining 51 percent stake in two solar power projects from Suzlon Energy, a leading wind ...
/ / Finance and M&A, Solar
SolarEdge to Acquire Korean Battery Technology Company Kokam

SolarEdge to Acquire Korean Battery Technology Company Kokam

SolarEdge Technologies, Inc. (SolarEdge), an energy technology company that develops PV inverters, has announced that it has entered into definitive agreements to acquire a major stake in Kokam Co., Ltd ...
/ / Markets & Policy, Solar
Zambia Tenders 100 MW of Solar Projects

ThomasLloyd Acquires Major Stake in Solar Project Developer SolarArise India

ThomasLloyd, a global investment and advisory firm dedicated to the infrastructure sector in Asia, has announced the acquisition of a significant stake in the Delhi-based solar project developer SolarArise India ...
/ / Finance and M&A, Solar
Greenko Group Set to Acquire Skeiron’s Renewable Assets in a $200 Million Deal

Greenko Group Set to Acquire Skeiron’s Renewable Assets in a $200 Million Deal

The Greenko Group has entered into a definitive purchase agreement to acquire Skeiron Green Renewables. The deal will add approximately $200 million to Greenko’s EBITDA  (Earnings Before Interest, Tax, Depreciation and Amortization) in ...
/ / Finance and M&A, Solar
Adani Green Acquires AGEPteL to Foray into International Renewable Business

Adani Green Acquires AGEPteL to Foray into International Renewable Business

Adani Green Energy, a leading renewable energy project developer in the country, incorporated a wholly-owned subsidiary company Adani Wind Energy (GJ) Limited (AWEGL) on August 21, 2018, according to a ...
/ / Finance and M&A, Solar
Green Investment Group Acquires Conergy’s Solar Portfolio in Asia and Middle East

Green Investment Group Acquires Conergy’s Solar Portfolio in Asia and Middle East

Macquarie Capital’s global green investment platform, Green Investment Group (GIG), has acquired a solar development portfolio from Conergy Asia and Middle East. The portfolio includes solar development assets in the ...
/ / Finance and M&A, Solar
B.Grimm Power Buys 80 Percent Stake in 257 MW of Solar Projects in Vietnam

B.Grimm Power Buys 80 Percent Stake in 257 MW of Solar Projects in Vietnam

Thailand’s B.Grimm Power has acquired an 80 percent stake in Vietnamese firm Phu Yen TTP Joint Stock Company. Phu Yen TTP Joint Stock Company is involved in developing solar photovoltaic ...
/ / Finance and M&A, Solar
Enphase to Acquire SunPower's Microinverter Business

Enphase to Acquire SunPower’s Microinverter Business

Enphase Energy and SunPower Corporation have announced the signing of a definitive agreement under which Enphase will acquire SunPower's microinverter business. Enphase will be acquiring the microinverter business for $25 ...
Greenko Acquires Orange Renewables in a Billion-Dollar Deal

Greenko Acquires Orange Renewables for $1 Billion

The Greenko Group has acquired Orange Renewables in a billion-dollar deal. The deal is for an enterprise value of approximately $1.02 billion, which includes $680 million of debt which will ...
ReNew Power Likely to Acquire 700 MW of Renewable Assets Across Four States

ReNew Power Likely to Acquire 700 MW of Renewable Assets Across Four States

In a bid to expand its foothold in the industry, India’s leading renewable energy project developer ReNew Power, is looking at new acquisition opportunities. According to its Draft Red Herring ...
ReNew Power Likely to Acquire 700 MW of Renewable Assets Across Four States

Hinduja National Power Corp Acquires Kiran Energy Solar

Hinduja National Power Corporation Limited (HNPCL), a subsidiary of the Hinduja Group, has successfully completed the acquisition of Kiran Energy Solar Power. According to the Press Trust of India (PTI), ...
ReNew Power Files for IPO After Raising Over a Billion Dollars in Funding

ReNew Power Files for IPO After Raising Over a Billion Dollars in Funding

Indian renewable energy project developer, ReNew Power, has filed draft papers with capital market regulator Securities and Exchange Board of India (SEBI) to float an Initial Public Offering (IPO), according to the ...
ReNew Power Acquires Indian Energy Limited for ₹364 Million

ReNew Power Acquires Indian Energy Limited for ₹364 Million

Indian renewable energy project developer ReNew Power has acquired a 100 percent stake in Indian Energy Limited (IEL) at a price of ₹364 million (~$5.545 million). In April 2018, ReNew ...
Engie Completes Acquisition of Fenix International

Engie Completes Acquisition of Fenix International

French multinational energy conglomerate Engie has completed 100 percent acquisition of Fenix International, a next generation energy company that offers solar home systems (SHS) in Africa. The acquisition will help Engie accelerate ...
/ / Finance and M&A, Solar
ReNew Power Acquires Ostro Energy

ReNew Buys Ostro in One of the Largest Renewable Acquisition Deals in India

Indian renewable energy project developer ReNew Power has announced the acquisition of Ostro Energy Private Limited. The acquisition is valued close to ₹10,600 crores (~$1.63 billion), according to Mercom’s channel ...
JSW Energy Acquires JSW Electric Vehicles

JSW Energy Acquires JSW Electric Vehicles

Indian power company JSW Energy has acquired 100 percent stake in JSW Electric Vehicles in a bid to enter the country’s rapidly expanding electric vehicles (EV) market. According to the ...
IDFC Alternatives Acquires 40 MW Grid-Connected Solar Projects in Madhya Pradesh

IDFC Alternatives Acquires 40 MW Grid-Connected Solar Projects in Madhya Pradesh

Vector Green Energy, a wholly-owned subsidiary of IDFC Alternatives, has acquired 40 MW of grid-connected solar photovoltaic (PV) projects in the state of Madhya Pradesh. Vector Green Energy is a ...
/ / Finance and M&A, Solar
GIP Closes Record $5 Billion Deal to Buy Equis Energy

GIP Closes Record $5 Billion Deal to Buy Equis Energy

Investment fund Global Infrastructure Partners (GIP) has closed on a deal to acquire a 100 percent stake in renewable energy project developer Equis Energy. The total transaction value of $5 ...
/ / Finance and M&A, Solar
Arjun Infrastructure Partners Acquires Enviromena Power Systems

Arjun Infrastructure Partners Acquires Enviromena Power Systems

Arjun Infrastructure Partners, a British independent infrastructure investment advisory company, has acquired Enviromena Power Systems (Enviromena), a clean energy project company in the Middle East and North Africa (MENA) region ...
/ / Finance and M&A, Solar
Vestas Wind Order from Atria Power

Sembcorp Acquires Remaining Stake in Sembcorp Green Infra for ₹14.1 Billion from IDFC

Sembcorp Industries, an energy, water and marine group operating worldwide, through its wholly-owned subsidiary Sembcorp Utilities, has entered into an agreement to acquire the remaining 28 percent stake in Sembcorp ...
/ / Finance and M&A, Solar