Torrent Power's Revenue Inches Up To ₹31 Billion In Q1 FY 2022

Torrent Power’s Revenue Inches Up To ₹31 Billion In Q1 FY 2022

Gujarat-based power generation company Torrent Power declared its financial results for the first quarter (Q1) of the financial year (FY) 2022 and recorded a 3.05% year-over-year (YoY) growth in its revenue from ...
/ / Finance and M&A, Other
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
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
Solar Inverter Supplier GoodWe Launches IPO, Lists on Shanghai Stock Exchange

Solar Inverter Supplier GoodWe Launches IPO, Lists on Shanghai Stock Exchange

Solar inverter manufacturer GoodWe announced the initial public offering (IPO) of its common stock on the Shanghai Stock Market, making it a listed public company. According to the press release, ...
/ / Inverters & BOS, Solar
ReNew Power, NLC India, and Azure Power, Top Utility-Scale Solar Developers in 2019

ReNew Power, NLC India, and Azure Power, Top Utility-Scale Solar Developers in 2019

ReNew Power, NLC India, and Azure Power emerged as the top utility-scale solar project developers in India in terms of installed capacity in the calendar year (CY) 2019, according to ...