investment
ReNew Energy Global (ReNew), a decarbonization solutions company, has announced it will invest approximately ₹220 billion (~$2.5 billion) to set up a hybrid renewable...
U.S.-based energy equipment manufacturing company GE Vernova has announced it would invest approximately ₹1.4 billion (~$16 million) in India to expand its...
Jindal Poly Films, a part of BC Jindal Group, has announced that it acquired Enerlite Solar Films, a manufacturer of solar encapsulation films in India. Enerlite’s...
Indian Oil Corporation’s (IOCL) board of directors has approved an additional equity investment of ₹10.86 billion (~$129.44 million) in its wholly owned subsidiary,...
Electrical equipment manufacturer Havells has announced it will invest ₹6 billion (~$69.9 million) for an equity stake of between 8.9% and 9.24% in solar component...
Renewable energy engineering, procurement and construction company Gensol Engineering has decided to raise ₹6 billion (~$68.9 million) by issuing ₹4 billion (~$45.9...
Global investment group CDPQ has announced it will acquire all the issued and outstanding common shares of renewable power producer Innergex Renewable Energy for $13.75...
Automobile manufacturer Mahindra & Mahindra has announced that the final tranche of investment by British International Investment (BII) in its subsidiary Mahindra...
Mumbai-based rooftop solar company SolarSquare has raised $40 million in a Series B funding round. Lightspeed led the round with participation from Lightrock....
New Delhi-based AMPIN Energy Transition has expanded its partnership with Copenhagen Infrastructure Partners (CIP) to develop 2 GW renewable energy projects across India...
IndiGrid, British International Investment (BII), and the Norwegian Climate Investment Fund managed by Norfund have launched EnerGrid, a $300 million platform focusing...
Electric vehicle (EV) startup MOOEV Technologies has raised ₹40 million (~$474,683) in a seed funding round led by Bizdateup. The funding round included investors like...
NTPC Green Energy has received approval from the Securities and Exchange Board of India (SEBI) to float its initial public offering (IPO) of equity shares. The company...
Bengaluru-based pharmaceutical company Strides Pharma Science has announced an investment of ₹16.1 million (~$191,495) to acquire a 2.48% stake in AMPIN Energy C&I...
Corporate funding for energy storage rose 15% year-over-year in the first nine months (9M) of 2024, while it decreased 33% for smart grids in the U.S. Corporate funding...
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