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Inox Clean Acquires Macquarie-Owned Vibrant Energy for ₹50 Billion

Inox Clean Energy has completed the acquisition of Vibrant Energy, a renewable energy platform owned by Macquarie and other shareholders, for approximately ₹50 billion...

April 2, 2026

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Rakesh Ranjan

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Finance and M&A

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Renewable Energy
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Waaree Energies Secures 500 MW Solar Module Supply Order

Waaree Energies has received an order to supply 500 MW of solar modules from a domestic independent power producer (IPP). The company will supply the modules during the...

February 24, 2026

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Meghana Prasad

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Markets & Policy

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Modules

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Solar
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Inox Clean Secures ₹31 Billion Equity to Scale IPP and Solar Manufacturing

Inox Clean Energy, the renewable arm of the INOXGFL Group, along with its subsidiary, Inox Solar, has raised equity totaling ₹31 billion (~$342.83 million), valuing the...

January 7, 2026

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Rakesh Ranjan

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Manufacturing

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Solar
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Juniper Green Energy Secures ₹17 Billion Debt Financing from IREDA

Independent renewable energy producer, Juniper Green Energy, has secured ₹17.39 billion (~$198.4 million) in debt financing from the Indian Renewable Energy Development...

August 13, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Opdenergy Secures $412 Million Corporate Debt Facility

Opdenergy, an independent renewable energy producer, has secured a new corporate debt facility of €350 million (~$412 million) through senior bonds (2025 Bonds) from a...

July 4, 2025

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Staff

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Solar
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Can GCC’s Independent Power Producers Drive a Clean Energy Future?

Gulf Cooperation Council (GCC) countries are increasingly relying on independent power producers (IPPs) to achieve their renewable energy goals. Implementation by...

May 26, 2025

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Baset Asaba

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Other Energy

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Renewable Energy
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AXA IM Alts to Acquire Majority Stake in ILOS

ILOS New Energy, an Independent Power Producer, and Omnes Capital, a private equity firm, together have agreed to sell a 60% stake in ILOS Projects (ILOS) to AXA IM Alts,...

April 15, 2025

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Arjun Pradeep

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Solar
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RMC Switchgears to Set Up 1 GW Solar Module Plant in Jaipur

RMC Switchgears has announced plans to develop a solar module manufacturing project with an annual production capacity of 1 GW in Jaipur, Rajasthan. The project includes...

December 19, 2024

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Meghana Prasad

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Manufacturing

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Solar
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Rising Construction Margin Drives 1,632% YoY Rise in Net Profit for Scatec

Norway-based renewable energy solutions provider Scatec reported a 1,632% year-over-year (YoY) rise in net profit to NOK1.65 billion (~$150.18 million) in the third...

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Solar Project Developer BNZ Secures Over $744 Million in Funding

BNZ,  a solar project developer and an independent power producer (IPP), announced that it had completed its first Total IPP Financing (TIPPF) for over €680 million...

October 17, 2024

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Staff

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Solar
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Oman Invites Bids to Develop 500 MW Ibri III Solar Project

Nama Power and Water Procurement (PWP), Oman’s national power and water procurement company, has issued a request for qualification to develop the 500 MW Ibri III solar...

January 17, 2024

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Arjun Joshi

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Solar

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Tenders & Auctions
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Alternus Energy Goes Public via SPAC Deal

Alternus Energy Group (AEG), a renewable energy independent power producer (IPP), has completed its business combination with Clean Earth Acquisitions Corp, a special...

December 27, 2023

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Staff

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Solar
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Ilmatar Secures $536 Million Debt Financing

Ilmatar, an independent renewable energy power producer, secured a group-level debt financing package of €500 million (~$536 million) in a transaction led by Copenhagen...

November 14, 2023

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Sohini Aich

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Solar
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KPI Green’s Net Profit Increases 64% YoY to ₹347 Million in Q2 FY24

Renewable energy solutions provider KPI Green Energy posted a net profit of ₹347.5 million (~$4.2 million) in the second quarter (Q2) of the financial year (FY) 2024, an...

November 6, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Scatec Posts a Profit of $38 Million in Q2 on Increased Project Development

Norway-based independent power producer Scatec reported a net profit of NOK402 million (~$38.07 million) in the second quarter (Q2) of 2023, a significant improvement...

August 21, 2023

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Satish Shetty

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Other

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Renewable Energy

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