The Assam Power Distribution Company (APDCL) has invited bids to develop a 400 kV/33 kV pooling substation for a 1 GW solar power project in Assam. The last date to submit bids is May 5, 2025. Bids will be opened on the same day. Bidders must submit...

Adani New Industries, a subsidiary of Adani Enterprises, has incorporated a wholly owned subsidiary for solar manufacturing, Adani New Industries One (ANIOL), investing ₹100,000 (~$1,167) for 10,000 equity shares. In a BSE filing, the company stated...

Global alternative asset management firm TPG has acquired a majority stake in Siemens Gamesa’s onshore wind turbine manufacturing business in India and Sri Lanka. Following the transaction, a new independent company will be established to build a...

Singareni Collieries Company (SCCL), a government-owned coal mining company, has floated two tenders to develop solar projects with a cumulative capacity of 137 MW, in Telangana. Bidders must furnish an earnest money deposit of ₹10 million (~$116,...

Jaipur Vidyut Vitran Nigam (JVVNL) has issued an expression of interest for implementing 112.6 MW of decentralized solar projects in Rajasthan under Component A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (PM-KUSUM). Bids must...

Gurugram-based renewable energy services company BluPine Energy has secured ₹17.87 billion (~$210 million) in structured financing from the National Bank for Financing Infrastructure and Development (NaBFID). The transaction is structured around...

Independent power producer AMPIN Energy Transition has secured an investment of $50 million (~₹4.28 billion) from Siemens Financial Services, the financing arm of Siemens AG. The investment will strengthen AMPIN’s position in India’s renewable...

From: Mercom Capital Group ACCIONA Energía, a renewable energy company, secured an AUD$453 million (~$287.85 million) syndicated loan facility to construct its 480 MWp Aldoga solar project on the central Queensland coast in Australia. The company...

Bondada Engineering, Oriana Power, and Pace Digitek won Telangana Power Generation Corporation’s auction to set up 250 MW/500 MWh standalone battery energy storage systems in Telangana. Bondada Engineering and Oriana Power won 50 MW/100 MWh each at...

From: Mercom Capital Group TRENDE, a provider of renewable energy solutions in Japan, announced the completion of a JPY1.07 billion (~$7.2 million) funding round through third-party allocation. The investment round was led by four new shareholders:...