investment

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Inox Green Allots 2.76 Million Equity Shares to Non-Promoter Warrant Holders

The board of directors at Inox Green Energy Services (INOX Green), a wind power operations and maintenance service provider, has allotted 2.76 million equity shares with...

October 8, 2024

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Staff

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Finance and M&A

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Wind
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Dalmia Cement to Procure 11.2 MW Solar Power from Solsolis Energy

Dalmia Cement (Bharat) (DCBL), a wholly-owned subsidiary of Dalmia Bharat, will procure up to 11.2 MW of solar power as a captive consumer from Solsolis Solar Energy...

September 20, 2024

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Gautamee Hazarika

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Consumers

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Solar
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Carborundum to Source 10 MW Power from Grian Energy’s Renewable Project

Engineering company Carborundum Universal (CUMI) has invested ₹80 million (~$954,426) for a 4.19% stake in New Delhi-based Grian Energy (GEPL) which is setting up a...

September 17, 2024

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Staff

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Renewable Energy
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Samvardhana Motherson Acquires 11% Stake in Israel’s REE Automotive

Automotive component manufacturer Samvardhana Motherson International (SAMIL), through its wholly-owned subsidiary MSSL Consolidated, is acquiring up to 3.64 million...

September 17, 2024

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Staff

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Electric Vehicles

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Finance and M&A
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Tata Group to Build 20 GWh Battery Manufacturing Plant in Gujarat

The Tata Group is planning to set up a 20 GWh battery manufacturing facility in Sanand, Gujarat, through its clean energy subsidiary Agratas. The group has invested ₹9....

September 11, 2024

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Staff

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Finance and M&A

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Renewable Energy
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Jakson Engineers to Develop 2.5 GW Solar Cell Manufacturing Plant

Delhi-based Jakson Engineers is investing $240 million to develop a 2.5 GW solar cell manufacturing plant. The company also plans to expand its 1.2 GW module...

September 5, 2024

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Staff

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Rooftop

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Solar
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AM Green Takes Final Investment Decision for Green Ammonia Project

AM Green Ammonia BV, incorporated by Greenko Group, has arrived at its Final Investment Decision (FID) for its first one million-ton green ammonia project in Kakinada,...

August 29, 2024

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Staff

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Biofuel

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Renewable Energy
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IndiGrid Receives ₹6 Billion Investment Commitments from AIMCo and HDFC

India Grid Trust (IndiGrid), a power infrastructure investment trust, has launched a preferential issue of shares priced at ₹136.43 (~$1.62) to raise approximately ₹6.95...

August 28, 2024

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Gautamee Hazarika

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Market & Policy

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Renewable Energy
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Fourth Partner Energy Secures $275 Million from Global Consortium

Hyderabad-headquartered renewable energy solutions platform Fourth Partner Energy (FPEL) has secured an investment of $275 million from global impact investors IFC, ADB,...

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Gruner Renewable Energy Secures 60 Million to Set Up CBG plants

Noida-based sustainable biogas solutions company Gruner Renewable Energy has secured funding of $60 million to establish new Compressed biogas (CBG) plants across the...

July 30, 2024

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Staff

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Biofuel

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Renewable Energy
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Advancing Clean Energy Innovation with Next-Generation Technologies

The fourth edition of Mercom India’s flagship event, the Mercom India Renewables Summit, is scheduled for July 25 and 26, 2024, at the Hyatt Regency in New Delhi....

July 17, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Jupiter Secures ₹3 Billion from ValueQuest for Solar Cell and Module Plant

Jupiter International, a manufacturer of photovoltaic solar cells and provider of solar power solutions in India, has received an investment of ₹3 billion (~$35.89...

July 16, 2024

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Arjun Joshi

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Finance and M&A

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Solar
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Government Approves ₹136 Billion Programs to Evacuate 9 GW Renewable Power

The Government of India has greenlighted new Interstate Transmission System (ISTS) programs totaling ₹135.95 billion (~$1.63 billion) to evacuate 9 GW of renewable...

June 24, 2024

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Arjun Joshi

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Finance and M&A

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Grid
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Amara Raja Invests €20 Million in InoBat, Ups Stake by 4.5%

Battery manufacturer Amara Raja Energy & Mobility has invested an additional €20 million (~$21.4 million) in electric vehicle (EV) battery firm InoBat, Norway, for a...

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India $100 Billion Short of IEA’s Net-Zero Pathway by 2030, says EY

India has made strides in expanding its renewable energy capacity over the past year, but a funding gap of over $100 billion could still derail it from meeting...

June 21, 2024

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Arshreet Singh

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Renewable Energy

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