Daily News Wrap-Up: Lodha Group and Tata Power Partner to Provide EV Charging in Mumbai

Daily News Wrap-Up: Lodha Group and Tata Power Partner to Provide EV Charging in Mumbai

Here are some noteworthy cleantech announcements of the day from around the world: Real estate developer Lodha Group has partnered with Tata Power to provide EV charging solutions in all ...
/ / Other, Renewable Energy
Renewables EPC Firm Blattner to be Acquired by Quanta for $2.7 Billion

Renewables EPC Firm Blattner to be Acquired by Quanta for $2.7 Billion

Electrical infrastructure provider Quanta Services has agreed to acquire utility-scale renewable energy contractor Blattner Holding Company for $2.7 billion. Quanta Services will pay $2.36 billion in cash and issue shares ...
/ / Finance and M&A, Solar
TransAlta to Acquire 122 MW Solar Portfolio from Copenhagen Infrastructure Partners

TransAlta to Acquire 122 MW Solar Portfolio from Copenhagen Infrastructure Partners

TransAlta Renewables has signed an agreement to acquire a 122 MW operational solar portfolio in North Carolina, United States. The company will acquire the portfolio from a fund managed by Copenhagen ...
/ / Finance and M&A, Solar
Alternus Energy Acquires a 64.6 MW Solar Project in Poland from BayWa r.e.

Alternus Energy Acquires a 64.6 MW Solar Project in Poland from BayWa r.e.

European independent power producer Alternus Energy Group said it had acquired a 64.6 MW Polish solar project from BayWa r.e., a renewable energy projects developer. Both parties had signed a sales agreement last ...
/ / Finance and M&A, Solar
Sterling and Wilson Subsidiary Increases Stake in its Middle East Arm to 100%

Sterling and Wilson Subsidiary Increases Stake in its Middle East Arm to 100%

Sterling and Wilson International Solar FZCO (SWFZCO) has announced in a BSE filing that it has fully acquired the equity share capital of Sterling and Wilson Middle East Solar Energy (SWME ...
/ / Finance and M&A, Solar
Aurora Solar Acquires Solar Software Developer Folsom Labs

Aurora Solar Acquires Solar Software Developer Folsom Labs

Aurora Solar, a U.S.-based solar software company has announced the acquisition of Folsom Labs, the developer of HelioScope, a solar design software solution for the commercial sector. Commenting on the ...
/ / Finance and M&A, Solar
ReNew Power Acquires 260 MW of Operational Solar Projects in Telangana

ReNew Power Acquires 260 MW of Operational Solar Projects in Telangana

ReNew Power, an independent power producer, announced that it has signed a definitive agreement to acquire 260 MWac of operational solar projects in Telangana. In addition, the company also signed ...
/ / Finance and M&A, Solar
Lords Automotive Acquires 100% Stake in Devam Electric Vehicles

Lords Automotive Acquires 100% Stake in Devam Electric Vehicles

Electric scooter (E2W) manufacturer Lords Automotive has acquired a 100% stake in Ahmedabad-based Devam Electric Vehicles, manufacturers of e-rickshaws, and e-autos (E3W). Through this acquisition, Lords Automotive will take over ...
/ / Other
Fourth Partner Energy Acquires 8.9 MW Distributed Solar Portfolio from Statkraft

Fourth Partner Energy Acquires 8.9 MW Distributed Solar Portfolio from Statkraft

Distributed solar company Fourth Partner Energy announced that it has acquired distributed solar portfolio with an 8.9 MWdc capacity from Statkraft India. Of this capacity, 5 MW is an open access solar project ...
/ / Finance and M&A, Solar
Thailand’s PTT Group Acquires 41.6% Stake in Avaada’s Solar Portfolio for $453 Million

Thailand’s PTT Group Acquires 41.6% Stake in Avaada’s Solar Portfolio for $453 Million

Global Power Synergy Public Company Limited (GPSC), a power subsidiary of Thailand-based PTT Group, announced that its subsidiary Global Renewable Synergy Company (GRSC) has acquired a 41.6% stake in renewable ...
/ / Finance and M&A, Solar
Power Grid Acquires Two Transmission Projects to Evacuate Solar Power in Rajasthan

Power Grid Acquires Two Transmission Projects to Evacuate Solar Power in Rajasthan

State-owned power transmission company Power Grid Corporation of India (PGCIL) has acquired two transmission projects - Fatehgarh Bhadla Transco Limited and Sikar New Transmission Limited under Phase II, Part-B, and ...
/ / Finance and M&A, Other
Solar Assets in Demand, Corporate Funding Rises by 21% in Q1 2021

Solar Assets in Demand, Corporate Funding Rises by 21% in Q1 2021

The global corporate funding for the solar sector, including venture capital (VC) funding, public market, and debt financing, totaled $8.1 billion in 36 deals in Q1 2021, an increase of ...
Quality of Solar Assets, Regulatory Stability, Crucial in Solar Project Acquisitions

Quality of Solar Assets, Regulatory Stability, Crucial in Solar Project Acquisitions

The solar industry has emerged stronger after the pandemic, which is still raging worldwide. But solar projects have been considered as 'investment havens' in the uncertain COVID-19 world because of ...
/ / Finance and M&A, Solar
Funding and M&A Roundup_ Sunnova Completes Acquisition of SunStreet

Funding and M&A Roundup: Sunnova Completes Acquisition of SunStreet

From: Mercom Capital Group Sunnova Energy International, a residential solar and storage service provider, announced that it completed the acquisition of SunStreet Energy Group, Lennar Corporation’s residential solar platform, and ...
/ / Other, Renewable Energy
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 ...