
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 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 ...

IREDA’s Gross NPAs Rose to 6 Percent in FY 2016-17
The Indian Renewable Energy Development Agency (IREDA)’s gross non-performing assets (NPAs) rose to 6.01 percent of its total assets in the financial year (FY) 2016-17. The net NPAs of IREDA ...

Indian Solar Sector Received Over $10 Billion in Financing During 2017
In 2017, the Indian solar sector logged over $10 billion (~₹650 billion) in financing activity, according to Mercom Capital Group’s recently released 2017 Q4 and Annual India Solar Market Update ...

IREDA Gets a Nod from SEBI to Launch IPO
The Indian Renewable Energy Development Agency (IREDA) has received a green signal from the Securities and Exchange Board of India (SEBI) for the launch of its Initial Public Offering (IPO). Now, ...

Quick Recap of Major Developments in India’s Renewable Energy Sector in January 2018
The first month of 2018 kickstarted the year with a flood of activity in India’s renewable energy sector, with a series of announcements by government agencies and industry players alike ...

Solex Energy Limited Launches Its Initial Public Offering
Solar component manufacturer Solex Energy Limited (SEL) has become the latest Indian renewables company to announce plans for an initial public offering (IPO) in recent months. Regulatory documents show that ...

December 2017 Wrap-up: New Developments in India’s Solar and Renewable Energy Sector
A rundown of notable news covering everything from auctions and deals to tax developments from the month of December December proved to be a crucial month for India’s renewable energy ...

IREDA Files IPO Papers with SEBI
Proceeding with its plan of launching an Initial Public Offering (IPO), the Indian Renewable Energy Development Agency (IREDA) has filed a draft red herring prospectus with the Securities and Exchange ...

Azure Power and ReNew Power Are the Winners in the 250 MW Bhadla Solar Auction
In the 250 MW Bhadla Solar Park auction, Azure Power won the bid to develop 200 MWs by quoting the lowest tariff of ₹2.48 (~$0.0388)/kWh. ReNew Power won the remaining 50 ...

ACME’s $337 Million Initial Public Offering to Fund Bhadla Solar Project
The Securities and Exchange Board of India (SEBI) has approved ACME Solar Holdings’ Initial Public Offering (IPO) worth ₹22,000 million (~$336.86 million). The face value of each equity share is ...

Month in a Minute: Top Headlines From the Indian Renewable Energy Sector in October 2017
Here is a list of important headlines, developments and data points from India’s renewable energy sector during October 2017. ACME Solar Holdings announced that it is looking to raise $337 ...

IEX Launches IPO
The Indian Energy Exchange (IEX) launched its initial public offering (IPO) issuing 60,65,009 equity shares at a face value ₹10 (~$0.15) each. The IEX has priced the shares in the ...

ACME Solar to Raise $337 Million Through IPO
As expected, ACME Solar Holdings has filed a draft red herring prospectus with Securities and Exchange Board of India (SEBI) for a ₹22,000 million (~$336.86 million) IPO at a face ...

Indian Energy Exchange (IEX) to Launch IPO
The Indian Energy Exchange (IEX), India’s power trading platform, is expected to launch an initial public offering (IPO) soon. The IEX filed draft papers with the Securities and Exchange Board ...

IREDA to Launch IPO
The Cabinet Committee on Economic Affairs has approved the launch of IREDA’s initial public offering (IPO) today, the 7th of June 2017. Indian Renewable Energy Development Agency (IREDA) will issue 139 million equity ...

Azure Power Begins Construction of 100 MW Solar Project at Kurnool Ultra Mega Solar Park
Azure Power has commenced the construction of a 100 MW solar project at the Kurnool Ultra Mega Solar Park in Andhra Pradesh. The project is expected to be commissioned by ...

Azure Power Global Shares Drop After IPO
Azure Power Global debuted on the New York Stock exchange as the first India solar company to go public in the U.S. under the trading symbol “AZRE”. The company had ...

Azure Power Revises its IPO Down To $75 Million
Azure Power has revised its Initial Public Offering (IPO). With the revised filing, Azure Power plans to raise $75 million (~Rs.5 billion) in place of the previously proposed $140 million ...

Azure Power Sets Terms for IPO on NYSE
Azure Power, an Indian solar project developer, has set terms for its initial public offering (IPO) in New York. The IPO will comprise of 6.82 million shares priced between $21 ...

Wind Sector VC Funding Reaches $455 Million in 2013, Project Funding $18.1 Billion
Strong IPO activity in wind sector in 2013 Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and merger and acquisition (M&A) ...

Wind sector VC funding comes in at $135 million in Q3 2013, project funding totals $3.7 billion, reports Mercom Capital Group
Wind sector sees strong IPO activity Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and merger and acquisition (M&A) activity for ...