serentica-renewables

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Daily News Wrap-Up: Draft Renewable Energy Tariff Regulations 2024

The Central Electricity Regulatory Commission has formulated the draft regulations to determine the tariff for renewable energy projects in 2024. These regulations are...

February 26, 2024

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Mercom Staff

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Daily Wrap-up
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Serentica to Provide Uninterrupted Green Power Through a Mix of Renewables: Interview

Renewable energy developer Serentica Renewables is strategically employing a diverse mix of solar, wind, and energy storage technologies. The company has recently...

February 23, 2024

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Gautamee Hazarika

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C&I

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Markets & Policy

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Renewable Energy
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Project Finance Brief: Soltec Sells 850 MW Solar Portfolio in Denmark

From: Mercom Capital Group Single-axis solar tracker firm Soltec sold a 100% stake in its 850 MW portfolio of solar projects in Denmark to Copenhagen Infrastructure...

January 10, 2024

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Staff

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Finance and M&A

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Solar
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Daily News Wrap-Up: MNRE Hikes CFA for Residential Rooftop Solar Projects

The Ministry of New and Renewable Energy has increased the benchmark Central Financial Assistance (CFA) for grid-connected rooftop solar power systems under Phase II of...

January 9, 2024

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Mercom Staff

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Daily Wrap-up
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Funding and M&A Roundup: Verkor Raises $1.5 Billion to Develop Battery Gigafactory

From: Mercom Capital Group Verkor, a manufacturer of lithium-based battery cells and modules, secured €1.45 billion (~$1.54 billion) with a mix of equity and debt...

September 20, 2023

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Staff

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Finance and M&A

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Other
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REC Approves ₹60.7 Billion to Greenko for 1.4 GW Pumped Storage Project

Public infrastructure finance company REC Limited has approved a funding of ₹60.75 billion (~$730.8 million) to Greenko to develop a 1,440 MW standalone pumped storage...

September 18, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: REC Subsidiary Invites Bids to Evacuate 20 GW Renewable Power

REC Power Development and Consultancy floated a tender to select a transmission service provider through a tariff-based competitive bidding process to establish an...

September 15, 2023

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Mercom Staff

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Daily Wrap-up
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Serentica Secures ₹26 Billion Debt Funding from PFC for Green Energy Expansion

Serentica Renewables has achieved financial closure for its upcoming hybrid renewable energy projects in Karnataka. The entire debt funding of ₹26 billion (~$313.3...

September 14, 2023

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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Hindustan Zinc to Procure Renewable Power up to 200 MW

Hindustan Zinc has acquired a 26% stake in a special purpose vehicle, Serentica Renewables India 4, for ₹3.5 billion (~$43 million) and executed a long-term renewable...

September 5, 2022

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Vijayalakshmi Sridhar

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Finance and M&A

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Other

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