Yarn Maker Filatex India Inks Pact to Source Power from Wind-Solar Hybrid Project

Yarn Maker Filatex India Inks Pact to Source Power from Wind-Solar Hybrid Project

Filatex India, a polyester filament yarn manufacturer, has entered into agreements with 100% subsidiaries of distributed solar company Fourth Partner Energy to procure renewable energy from the latter’s hybrid wind-solar ...
/ / Other, Solar
Mainstream and Aker Offshore Wind Merge To Create 27 GW Renewables Portfolio

Mainstream and Aker Offshore Wind Merge To Create 27 GW Renewables Portfolio

The shareholders of Mainstream Renewable Power and Aker Offshore Wind, a wholly-owned subsidiary of the investment company Aker Horizons, have agreed to merge the two companies to create a robust ...
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
United Kingdom to Invest $1.2 Billion in India’s Renewable Energy Projects

United Kingdom to Invest $1.2 Billion in India’s Renewable Energy Projects

The Government of the United Kingdom will invest $1.2 billion through public and private investments in green projects and renewable energy in India to support the latter’s target of 450 GW ...
/ / Other, Renewable Energy
Azure Power Logs 13% YoY Growth in Revenue in Q1 FY 2022

Azure Power Logs 13% YoY Growth in Revenue in Q1 FY 2022

Independent solar power producer Azure Power posted a 13% year-over-year (YoY) rise in its revenue in the first quarter (Q1) of the financial year (FY) 2022, driven by projects commissioned after Q2 ...
/ / Finance and M&A, Solar
EV Charging Company ADS-TEC Energy to Go Public in a $580 Million SPAC Deal

EV Charging Company ADS-TEC Energy to Go Public in a $580 Million SPAC Deal

ADS-TEC Energy, a Germany-based electric vehicle (EV) charging company, has signed a definitive business combination agreement with European Sustainable Growth Acquisition Corporation (EUSG), a special purpose acquisition company, resulting in ...
/ / Finance and M&A, Other
Andhra Pradesh to Procure 25,000 Electric Two-Wheelers For Government Employees

Andhra Pradesh to Procure 25,000 Electric Two-Wheelers For Government Employees

New & Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has signed an agreement with Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), to ...
/ / Electric Vehicles, Grid
Ministry of Power Allows Option for DISCOMs to Exit PPAs After Completing Tenure

Ministry of Power Allows Option for DISCOMs to Exit PPAs After Completing Tenure

The Ministry of Power (MoP) has provided an option for distribution licensees (DISCOMs) to continue or exit from power purchase agreements (PPAs) for projects that have completed 25 years of ...
/ / Grid, Market & Policy
Mahindra & Mahindra to Buy Solar From ReNew Power’s 43 MW Open Access Project

Mahindra & Mahindra to Buy Solar from ReNew Power’s 43 MW Open Access Project

Mahindra & Mahindra has announced that it has signed a power purchase agreement with ReNew Sunlight Energy, a subsidiary of ReNew Green Energy Solutions to procure solar power from its ...
/ / Off-grid, Solar
Daily News Wrap-Up: Sembcorp Awarded 60 MW Rooftop Solar Project in Singapore

Daily News Wrap-Up: Sembcorp Awarded 60 MW Rooftop Solar Project in Singapore

Here are some noteworthy cleantech announcements of the day from around the world: Sembcorp Industries said that its wholly-owned subsidiary Sembcorp Solar Singapore has been awarded a 60 MW solar ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ Rosatom to Acquire 49% Stake in South Korean Energy Storage Company

Daily News Wrap-Up: Rosatom to Acquire 49% Stake in South Korean Energy Storage Company

Here are some noteworthy cleantech announcements of the day from around the world: RENERA, an energy storage business arm of Rosatom, has signed an agreement to acquire a 49% share ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Total Bags a 50 MW Solar Project in French Energy Commission Auction

Daily News Wrap-Up: Total Bags a 50 MW Solar Project in French Energy Commission Auction

Here are some noteworthy cleantech announcements of the day from across the world: Total has said that its France-based renewable energy subsidiary Total Quadran was awarded 50 MW of solar ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Adani Green Commissions a 100 MW Wind Project in Gujarat

Daily News Wrap-Up: Adani Green Commissions a 100 MW Wind Project in Gujarat

Here are some noteworthy cleantech announcements of the day from around the world: Adani Wind Energy Kutch Three, a subsidiary of Adani Green Energy, has commissioned a 100 MW wind ...
/ / Other, Renewable Energy
IndiGrid To Acquire Transmission Project from Sterlite Power for ₹46.25 Billion

IndiGrid To Acquire Transmission Project from Sterlite Power for ₹46.25 Billion

Infrastructure investment trust IndiGrid has signed a share purchase agreement to acquire NER–II transmission project from Sterlite Power for about ₹46.25 billion (~$632.9 million). The acquisition would increase IndiGrid's assets ...
/ / Grid, T&D
Daily News Wrap-Up: Yinson to Develop a 190 MW Grid-Connected Solar Project in Rajasthan

Daily News Wrap-Up: Yinson to Develop a 190 MW Grid-Connected Solar Project in Rajasthan

Here are some noteworthy cleantech announcements of the day from around the world: Yinson said that its subsidiary Rising Sun Energy has received a Letter of Award from NTPC to ...
/ / Other, Renewable Energy
ReNew Power to Go Public in an $8 Billion SPAC Deal

ReNew Power to Go Public in an $8 Billion SPAC Deal

ReNew Power, an India-based independent power producer, has signed an agreement for a business combination with RMG Acquisition Corporation II, a special purpose acquisition company (SPAC), resulting in ReNew Power ...
/ / Finance and M&A, Other
Daily News Wrap-Up_ L&T Bags Order to Develop 400 MW of Solar Projects in Gujarat

Daily News Wrap-Up: L&T Bags Order to Develop 400 MW of Solar Projects in Gujarat

Here are some noteworthy cleantech announcements of the day from around the world: Larsen & Turbo, in a BSE filing, said its power transmission & distribution business has secured two ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Rajputana Stainless Signs PPA for 3 MW of Solar With KPI Global

Daily News Wrap-Up: Rajputana Stainless Signs PPA for 3 MW of Solar With KPI Global

Here are some noteworthy cleantech announcements of the day from around the world: KPI Global has signed a long-term power purchase agreement with Rajputana Stainless for 3 MW of solar ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ Croatia to Auction 400 MW of Renewable Energy Capacity

Daily News Wrap-Up: Croatia to Auction 400 MW of Renewable Energy Capacity

Here are some noteworthy cleantech announcements of the day from around the world: Siemens Energy has signed an agreement with Maersk Drilling to upgrade two ultra-harsh environment CJ70 jack-up drilling ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Canadian Solar Closes $208 Million Japan Green Infrastructure Fund

Daily News Wrap-Up: Canadian Solar Closes $208 Million Japan Green Infrastructure Fund

Here are some noteworthy cleantech announcements of the day from around the world: Canadian Solar, a global solar module supplier, has announced the close of the Japan Green Infrastructure Fund, ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ NTPC Commissions Fourth 150 MW Unit of Kameng Hydroelectric Project

Daily News Wrap-Up: NTPC Commissions Fourth 150 MW Unit of Kameng Hydroelectric Project

Here are some noteworthy cleantech announcements of the day from around the world: BASF, a Germany-based multinational chemical company, has signed a 35 MW wind power purchase agreement (PPA) with ...
/ / Other, Renewable Energy
Israel's E-Mobility Company REE Automotive to go Public in a $3.6 Billion SPAC Deal

Israel’s E-Mobility Company REE Automotive to go Public in a $3.6 Billion SPAC Deal

REE Automotive, an Israel-based e-mobility company, has signed a merger agreement for a business combination with 10X Capital Venture Acquisition Corporation, a special purpose vehicle company (SPAC), resulting in REE ...
/ / Electric Vehicles, Grid
Daily News Wrap-Up_ Power Finance Corporation Raises $500 Million Through USD Bonds

Daily News Wrap-Up: Power Finance Corporation Raises $500 Million Through USD Bonds

Here are some noteworthy cleantech announcements of the day from around the world: Power Finance Corporation has raised $500 million through the issuance of USD-denominated bonds under the Reg S ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ Tata Motors to Deploy Electric Vehicles in Goa

Daily News Wrap-Up: Tata Motors to Deploy Electric Vehicles in Goa

Here are some noteworthy cleantech announcements of the day from around the world: The United Kingdom added 11.8 MW of solar capacity in December 2020, according to the latest data ...
/ / Other, Renewable Energy