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Hero Future Energies buys working solar assets of Mumbai-based firm

Infrastructure

07 August, 2018

Hero Future Energies buys working solar assets of Mumbai-based firm

Hero Future Energies Pvt. Ltd, the renewable power unit of Hero Group, has acquired all operational electricity-generation assets of a ......

Fortum to sell 54% stake in Indian solar power portfolio for $176 mn

Infrastructure

09 June, 2018

Fortum to sell 54% stake in Indian solar power portfolio for $176 mn

Finnish clean energy firm Fortum on Friday said it has agreed to sell a 54% stake in its solar power ......

Everstone-Lightsource BP to set up $710 mn energy platform; NIIF among key backers

Infrastructure

18 April, 2018

Everstone-Lightsource BP to set up $710 mn energy platform; NIIF among key backers

Private equity firm Everstone Group has formed an equal joint venture with British solar power company Lightsource BP to set ......

Rooftop solar startup Oorjan raises $450K led by Globevestor

TMT

05 October, 2017

Rooftop solar startup Oorjan raises $450K led by Globevestor

Mumbai-based rooftop solar platform Oorjan Cleantech Pvt Ltd has raised $450,000 (Rs 2.9 crore) in seed funding led by online ......

Renewable energy firm ACME Solar files for $335 mn IPO

Infrastructure

29 September, 2017

Renewable energy firm ACME Solar files for $335 mn IPO

Renewable energy firm ACME Group has filed a draft proposal with the Securities and Exchange Board of India to take ......

VC-backed Indian renewable energy firm Azure skids on NYSE debut

Infrastructure

13 October, 2016

VC-backed Indian renewable energy firm Azure skids on NYSE debut

Azure Power Global Ltd had a disappointing debut on the New York Stock Exchange (NYSE) and saw its share price ......

Govt bats for hybrid solar-wind power projects in draft policy

Infrastructure

14 June, 2016

Govt bats for hybrid solar-wind power projects in draft policy

The government has sought to boost hybrid solar and wind power projects in the country with incentives and a financing ......

Tata Power to buy Welspun's renewable energy biz at $1.4 bn valuation

Infrastructure

13 June, 2016

Tata Power to buy Welspun's renewable energy biz at $1.4 bn valuation

Tata Power Co Ltd has signed an agreement to buy the renewable energy business of Welspun Group for Rs 9,249 ......

Pilot project to store solar power soon: Upendra Tripathy

Infrastructure

12 February, 2016

Pilot project to store solar power soon: Upendra Tripathy

India plans to generate 175 gigawatt (GW) of electricity from clean energy sources by 2022 with an estimated investment of ......

NTPC developing battery to store solar power

Infrastructure

23 January, 2016

NTPC developing battery to store solar power

In what promises to be a game changer for India’s energy security efforts, state-owned NTPC Ltd is developing a battery ......