Funding and M&A Roundup: Amp Energy Secures Green Loan for a 60 MW Solar Project

Funding and M&A Roundup: Amp Energy Secures Green Loan for a 60 MW Solar Project

From: Mercom Capital Group Renewable Energy Developer Amp Energy has secured a ‘Shinsei Green Loan’ valued at JPY17 billion (~$151 million) from its standing financing partner, Shinsei Bank. The funds will be used ...
/ / Finance and M&A, Solar
Daily News Wrap-Up Abu Dhabi-based Masdar to Develop 100 MW Solar Project in Georgia

Daily News Wrap-Up: Abu Dhabi-based Masdar to Develop 100 MW Solar Project in Georgia

Here are some noteworthy cleantech announcements of the day from around the world: Abu Dhabi-based renewable energy company Masdar has signed an agreement with the Georgian Energy Development Fund (GEDF) ...
/ / Other, Renewable Energy
Reliance to Acquire Sodium-Ion Battery Technology Provider Faradion for £94 Million

Reliance to Acquire Sodium-Ion Battery Technology Provider Faradion for £94 Million

Reliance New Energy Solar Limited (RNESL), the green energy arm of Reliance Industries Limited (RIL), has signed an agreement with sodium-ion battery technology provider Faradion Limited to acquire a 100% ...
/ / Energy Storage
Reliance's REC Acquisition Could Reduce Indian Solar Developers' Dependence on Imports

Reliance’s REC Acquisition Could Reduce Indian Solar Developers’ Dependence on Imports

Solar developers and module manufacturers believe Reliance Group's recent solar acquisitions will help India provide an alternative to Chinese products. In June 2021, Mukesh Ambani, Chairman of Reliance Industries, announced that Reliance ...
Reliance Makes Open Offer for a 25.9% Public Shareholding in Sterling and Wilson Solar

Reliance Makes Open Offer for a 25.9% Public Shareholding in Sterling and Wilson Solar

Reliance New Energy Solar, the green energy arm of Reliance Industries Limited (RIL), has offered ₹375 (~$5)/share to acquire 49.14 million equity shares of Sterling and Wilson Solar for around ₹18.42 billion ...
/ / Finance and M&A, Solar
Reliance’s Green Energy Arm to Invest $39 Million in Solar Wafer Manufacturer NexWafe

Reliance’s Green Energy Arm to Invest $39 Million in Solar Wafer Manufacturer NexWafe

Reliance New Energy Solar, the green energy arm of Reliance Industries, will invest €25 million (~$29 million) in a Germany-based solar wafer manufacturer, NexWafe GmbH. Reliance New Energy Solar will be the ...
/ / Finance and M&A, Solar
Reliance To Buy 40% Stake in EPC Company Sterling & Wilson Solar

Reliance to Buy 40% Stake in EPC Company Sterling & Wilson Solar

Reliance New Energy Solar Limited (RNESL), the green energy arm of Reliance Industries, has signed an agreement with Shapoorji Pallonji and Company Private Limited (SPCPL) to acquire a 40% stake ...
/ / Finance and M&A, Solar
Reliance Acquires REC Solar Holding for $771 Million

Reliance Acquires REC Solar Holding for $771 Million

Reliance New Energy Solar, a wholly-owned subsidiary of Reliance Industries, has acquired REC Solar Holdings from China National Bluestar Group for $771 million. REC is a Norway-headquartered solar cell, modules, ...
/ / Finance and M&A, Solar
Reliance, Bill Gates, and Others Invest $144 Million in Energy Storage Company Ambri

Reliance, Bill Gates, and Others Invest $144 Million in Energy Storage Company Ambri

Reliance New Energy Solar Limited (RNESL), a wholly-owned subsidiary of Reliance Industries Limited, along with investors like Bill Gates, Fortistar, Paulson & Co., and few other investors, have invested $144 ...
/ / Finance and M&A, Other
Daily News Wrap-Up: Reliance and Swiggy Ink Pact to Power Food Delivery in India with EVs

Daily News Wrap-Up: Reliance and Swiggy Ink Pact to Power Food Delivery in India with EVs

Here are some noteworthy cleantech announcements of the day from around the world: Fuel retailer Reliance BP Mobility Limited and food delivery app Swiggy have inked a pact to deploy ...
/ / Other, Renewable Energy
Reliance New Energy Solar Incorporated as the Wholly-Owned Subsidiary of Reliance Inds (1)

Reliance New Energy Solar Incorporated as the Wholly-Owned Subsidiary of Reliance Inds

Reliance Industries Limited (RIL) has formed Reliance New Energy Solar Limited (RNESL), investing ₹100,000 (~$1342) for 10,000 equity shares of ₹10 (~$0.13) each. In its BSE filing, the company said ...
/ / Markets & Policy, Solar
Daily News Wrap-Up_ Reliance to Invest $50M in US-Based BEV for Clean Energy Solutions

Daily News Wrap-Up: Reliance to Invest $50M in US-Based BEV for Clean Energy Solutions

Here are some noteworthy cleantech announcements of the day from around the world: Reliance has entered into a definitive agreement to invest up to $50 million in Breakthrough Energy Ventures ...
/ / Other, Renewable Energy
Odisha Removes Upper Limit of 1 MW for Net-Metered Rooftop Solar Projects

Reliance Issues EoI to Procure 145 MW of Renewable Power Under Open Access Category

Reliance Industries Limited has issued an expression of interest for the procurement of renewable energy under a short-term basis from April 1, 2019, to March 31, 2020. The company intends ...
German Solar Developer ib vogt GmbH Acquires Majority Stake in Singapore’s nv vogt

Reliance Buys 88% Stake in Renewable Energy Firm Kanoda Energy Systems

Reliance, one of the country’s largest companies, has acquired controlling stake in a renewable energy firm. In a Bombay Stock Exchange (BSE) filing, Reliance Industrial Investments and Holdings Limited (RIIHL), ...
/ / Finance and M&A, Solar