reliance

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Reliance, Tata, and ReNew Among Winners for Solar Module Manufacturing PLI

The Solar Energy Corporation of India (SECI) has declared the winners who would be eligible to receive a total of ₹139.4 billion (~$1.69 billion) under Tranche II of the...

March 28, 2023

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Arjun Joshi

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Solar

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Tenders & Auctions
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Reliance, ReNew, Tata Power Among Bidders for Solar Module PLI Tranche II

Solar module manufacturers, including Reliance Industries, ReNew Power, and Tata Power, are among the bidders for the second phase (Tranche II) of the Production-Linked...

March 2, 2023

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Arjun Joshi

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Manufacturing

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Solar
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Reliance Acquires 20% Stake in Perovskite-based Solar Tech Firm Caelux for $12 Million

Reliance New Energy (RNEL), a wholly-owned subsidiary of Reliance Industries, has acquired a 20% stake for $12 million in California-headquartered Caelux Corporation, a...

September 23, 2022

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Sumit Jha

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Finance and M&A

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Solar
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Reliance to Acquire Majority Stake in Solar Software Company SenseHawk for $32 Million

Reliance Industries (RIL) has signed definitive agreements to acquire a 79.4% stake in SenseHawk, a solar digitization platform SaaS that helps customers develop, build...

September 6, 2022

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Gourav Mishra

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Finance and M&A

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Solar
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Reliance, Ola and Rajesh Exports Sign Agreement for Battery Storage Under PLI Program

Reliance New Energy, Ola Electric Mobility, and Rajesh Exports have signed the program agreement under the Production Linked Incentive (PLI) Program for Advanced...

August 2, 2022

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Vijayalakshmi Sridhar

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Energy Storage

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Market & Policy
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Daily News Wrap-Up: Reliance Merges its Renewable Energy Arm Into the Company

Here are some noteworthy cleantech announcements of the day from around the world: Reliance Industries announced the amalgamation of its wholly-owned subsidiary Reliance...

June 3, 2022

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Satish Shetty

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Uncategorized
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Reliance to Purchase Production Lines for HJT Cells With an Annual Capacity of 4.8 GW

Reliance Industries Limited has signed a letter of commitment (LoC) with Maxwell Technology, a wholly-owned subsidiary of Suzhou Maiwei Technology — to purchase eight...

April 20, 2022

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Gourav Mishra

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Markets & Policy

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Solar
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Reliance, Ola, Hyundai, Rajesh Exports Win Bid to Set Up 50 GWh of ACC for Energy Storage

Reliance New Energy Solar, Ola Electric Mobility, Hyundai Global Motors, and Rajesh Exports have been approved by the Ministry of Heavy Industries (MHI) for receiving...

March 21, 2022

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Arjun Joshi

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Energy Storage

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Tenders & Auctions
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Reliance Acquires Lithium Iron Phosphate Battery Maker for $61 Million

Reliance New Energy Limited (RNEL), a wholly-owned subsidiary of Reliance Industries, substantially acquired all assets of Lithium Werks BV, a provider of cobalt-free...

March 15, 2022

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Gourav Mishra

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Energy Storage

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Finance and M&A
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Sterling and Wilson Renewable Energy’s Total Income Up by 11.5% YoY in Q3 FY 2022

Sterling and Wilson Renewable Energy (formerly Sterling and Wilson Solar), the solar engineering and construction arm of the Shapoorji Pallonji Group, recorded a total...

February 16, 2022

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Harsh Shukla

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Finance and M&A

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Solar
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Funding and M&A Roundup: Battery Storage Company Zenobe Secures £241 Million Debt

From: Mercom Capital Group Zenobe Energy (formerly Battery Energy Storage Solutions), a developer, operator, and owner of battery storage assets in the U.K., has secured...

February 14, 2022

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Staff

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Finance and M&A

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Other
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EV Company Altigreen Raises ₹3 Billion in Funding, Reliance Brings in ₹501.6 Million

Altigreen Propulsion Labs, a Bangalore-based commercial electric vehicle (EV) manufacturer, announced that it has raised ₹3 billion (~$40 million) in a Series A funding...

February 11, 2022

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Harsh Shukla

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Electric Vehicles

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Grid
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Reliance Completes 40% Acquisition in EPC Company Sterling and Wilson Solar

Reliance New Energy Solar Limited (RNESL), the green energy arm of Reliance Industries, has completed the 40% stake acquisition in Sterling and Wilson Renewable Energy...

February 10, 2022

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Arjun Joshi

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Finance and M&A

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Other
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Month in a Minute: Top Headlines from Indian Renewable Sector in January 2022

Here is a recap of some of the most important headlines from January 2022: ReNew Power sold its 117 MW of rooftop solar portfolio to distributed solar company Fourth...

February 1, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Funding and M&A Roundup: Amp Energy Secures Green Loan for a 60 MW Solar Project

From: Mercom Capital Group Renewable Energy Developer Amp Energy has secured a ‘Shinsei Green Loan’ valued at JPY17 billion (~$151 million) from its standing financing...

January 3, 2022

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Staff

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Finance and M&A

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Solar

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