Acquisition

Orix Corporation, a Japan-based financial services group, announced that it had signed a framework agreement with renewable energy project developer Greenko Energy Holdings, to acquire approximately 20% of its shares ...

Amplus, the Indian arm of Petronas (Petroliam Nasional Bhd), a Malaysian government-owned oil and gas company, has acquired 100 MW of solar assets from ACME Solar. The deal was valued ...

Here are some of the important project finance deals from the global renewable energy industry over the past week: Saudi Arabia's ACWA Power, a developer, owner, and operator of power ...

Larsen & Turbo (L&T) announced that it divested its electrical and automation (E&A) business to European energy and automation company Schneider Electric. Schneider Electric will own a 65% stake in ...

Here are some noteworthy cleantech announcements of the day from around the world: Candela Renewable, a U.S.-based utility-scale solar project developer, signed a power purchase agreement (PPA) with Google for ...

Here are some noteworthy cleantech news and announcements of the day from around the world: The California Independent System Operator (CAISO) has declared a stage 3 electrical emergency that triggers ...

Masdar (or the Abu Dhabi Future Energy Company) announced that it has signed an agreement with EDF Renewables North America to acquire a 50% stake in eight renewable energy projects ...

Ayana Renewable Power Private Limited, backed by the U.K.-based CDC Group, has announced the acquisition of First Solar's two solar projects with a capacity of 40 MW. The company has ...

NTPC Limited has floated a request for proposal (RfS) to acquire 1 GW of operational solar projects across India. Interested bidders are expected to submit an earnest money deposit (EMD) ...

Hitachi ABB Power Grids India announced that it won a ₹1.2 billion (~$16.05 million) order to help the Indian government's goal of 100% railway electrification and to reduce its carbon ...

Ampere Vehicle, an electric mobility subsidiary of Indian heavy equipment manufacturer Greaves Cotton Limited, announced that it has acquired a 74% stake in Bestway Agencies Private Limited. Bestway is a ...

In the largest rooftop solar acquisition to date, Sunrun has entered into an agreement to acquire Vivint Solar in an all-stock transaction for $3.2 billion. Vivint Solar serves as a ...

Sterlite Power, a Mumbai-based power transmission company, announced that it had acquired Vapi-II North Lakhimpur Transmission Limited (VNLTL), a special purpose vehicle (SPV) of PFC Consulting Limited, to execute a ...

The Emami Group, a Kolkata-based conglomerate, has sold its solar power business to Canadian Investment Company, Brookfield Asset Management, through a 100% stake sale. While the company confirmed the development ...

Ola Electric Mobility Private Limited, a subsidiary of Indian cab aggregator Ola Cabs, announced that it has acquired Etergo BV, an Amsterdam-based electric scooter maker. The value of the transaction remained ...

Tata Power International Pte Ltd (TPIPL), a wholly-owned subsidiary of Tata Power Company Limited, has acquired a 10% equity stake in Adjaristqali Netherlands B.V. (ABV) from International Finance Corporation (IFC), ...

The Ministry of Commerce and Industry has revised its Foreign Direct Investment (FDI) policy intending to curb takeovers or acquisitions of Indian companies during the ongoing coronavirus pandemic. A Foreign ...

Adani Green Energy Limited (AGEL), a Gujarat-based solar power developer, announced that it has entered into a joint venture with TOTAL Solar Singapore PTE Limited for about 2.1 GW of ...

LONGi Solar, a Chinese manufacturer of high-efficiency mono-crystalline solar cells and modules, has announced a framework agreement to acquire solar cell and module manufacturer Ningbo Jiangbei Yize New Technology for ...

Chennai-based renewable energy company SunEdison Infrastructure Limited (formerly YKM Industries Limited) has informed that its subsidiary SIL Rooftop Solar Power Private Limited (SIL), has acquired 100% fully paid-up equity share ...

Vector Green Energy Private Limited, an independent power producer (IPP) which operates wind and solar projects, has acquired 225 MW (AC) solar generation capacity from RattanIndia, according to a source ...

Ahmedabad-based Adani Transmission Limited (ATL), has signed a share purchase agreement and completed the acquisition of the WRSS XXI Transco Limited (WRSSTL) from REC Transmission Projects Company. WRSSTL is a ...

Avyan Renewable Solar will now acquire 13,91,896 equity shares representing 31% of the equity share capital of SunEdison, according to a recent corporate filing by SunEdison with the Bombay Stock ...

Shell’s New Energies business has acquired nearly a 20% stake in Orb Energy, a solar solutions provider. According to a press statement issued by Orb, the new investment is likely ...

Adani Transmission Limited (ATL) has signed a share purchase agreement and completed the acquisition of the special purpose vehicle of Bikaner-Khetri Transmission Limited (BKTL),  incorporated by PFC Consulting Ltd. ATL ...