Daily News Wrap-Up: SJVN to Form Renewable Energy Subsidiary
Here are some noteworthy cleantech announcements of the day from around the world: SJVN has approved forming a 100% subsidiary company to develop renewable energy, small hydro, and green hydrogen ...
Battery Company Exide Increases its Stake to 80.15% in Energy Storage Subsidiary
Exide Industries Limited, an Indian battery manufacturer, said that it invested ₹331.7 million (~$4.49 million) in its subsidiary Exide Leclanche Energy Private Limited by way of subscription of the subsidiary’s ...
Tata Power’s Subsidiary Acquires 10% Stake in Netherland’s Hydro Developer ABV
Tata Power International Pte Ltd (TPIPL), a wholly-owned subsidiary of Tata Power Company Limited, has acquired a 10% equity stake in Adjaristqali Netherlands B.V. (ABV) from International Finance Corporation (IFC), ...
Suzlon’s Outstanding Debt Reaches ₹127.85 Billion
Renewable energy company Suzlon Energy Limited has disclosed an outstanding debt of ₹127.85 billion (~$1.8 billion), according to the company’s Bombay Stock Exchange (BSE) filing. The company has filed the ...
ONGC Issues Tender for 5 MW of Solar Projects at its Hazira Site in Gujarat
The Oil and Natural Gas Corporation Limited (ONGC), a government-owned oil and gas company, has floated a 5 MW tender along with seven years of operation and maintenance (O&M) at ...
IL&FS Sells Seven Wind Power Subsidiaries Totaling 873 MW to Japan’s Orix
Orix, a financial services group headquartered in Tokyo, has announced that it will acquire 51% stake in seven wind power generating subsidiaries which it jointly owns with Infrastructure Leasing & ...
Greenko to Raise $447 Million in Equity Funding
Greenko Energy Holdings, a renewable energy project developer, has signed a definitive agreement for raising primary equity of $447 million from an affiliate of GIC and a wholly owned entity ...
