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ENGIE to reduce share in renewable projects, sell 74% stake to EdelweissBy : Sustainability ..., Jan 24, 2020
French energy major ENGIE will sell majority stake in solar power projects in India to Edelweiss Infrastructure Yield Plus (EIYP) and its portfolio company Sekura Energy. The company, which operates 1,500 megawatts (MW) of renewable capacity in India will sell 74 per cent... Read more.. |
Green developers in AP lost Rs 1,400 cr since AugustBy : Sustainability ..., Jan 10, 2020
Renewable energy developers have lost revenue of Rs 1,400 crore due to curtailment of wind and solar power in Andhra Pradesh since August last year, said industry executives. “Out of the 7,307 mw of renewable energy installed in Andhra Pradesh, 20-25% of solar power and 50-60... Read more.. Subject Tags: Andhra Pradesh Government , DISCOMS , renewable energy companies , solar energy , Wind Energy |
Ray of hope as Andhra Pradesh starts clearing renewable dues this weekBy : Sustainability ..., Jan 6, 2020
Ending months of impasse and uncertainty, the Andhra Pradesh government has started clearing arrears to renewable energy companies, providing partial succour to close to 5,000 MW of green energy projects. The projects have been battling amplified risks since chief minister Y... Read more.. Subject Tags: Andhra Pradesh Government , DISCOMS , green energy projects , renewable energy companies |
Govt plans to bail out clean energy firmsBy : Sustainability ..., Dec 4, 2019
The Centre is considering offering state governments concessional loans from public sector lenders Power Finance Corp. (PFC), Rural Electrification Corp. Ltd (REC) and Indian Renewable Energy Development Agency (IREDA) to help power distribution companies clear green energy... Read more.. |
India asks state-run firms to clear over $1 billion owed to green energy firms - sourcesBy : Sustainability ..., Nov 27, 2019
India has asked state lenders to provide over $1 billion to government power distribution companies to clear longstanding debts to green energy firms that could hinder further investment, three sources familiar with the plan said on Tuesday. The companies owe solar and wind... Read more.. Subject Tags: debt , DISCOMS , foreign investments , ReNew Power , renewable energy companies , renewable energy tariff , Softbank |
India’s largest renewable energy companies: Acme, Adani and Greenko top the listBy : Sustainability ..., Jul 31, 2019
Acme Solar, Adani, and Greenko have topped the list of India’s largest solar power producers by capacity while in the wind energy sector Renew Power, Greenko and Sembcorp top the charts,... Read more.. Subject Tags: ACME Solar , Adani , Greenko , Renewable Energy , renewable energy companies , solar power capacity , wind power |
GIC, ADIA invest $329 mn more in Hyderabad-based GreenkoBy : Sustainability ..., Jul 12, 2019
In one of the largest funding rounds by an Indian clean energy producer, sovereign wealth funds GIC Holdings Pte. Ltd and Abu Dhabi Investment Authority (ADIA) have agreed to pump in an... Read more.. Subject Tags: AIDA , energy storage , GIC , Greenko Group , integrated renewable energy project , renewable energy companies , Sustainable Finance |
Macquarie eyeing Goldman Sachs’ ReNew Power stakeBy : Sustainability ..., Sep 21, 2018
Macquarie Group is among investors who have evinced interest in buying a significant stake from Goldman Sachs Group Inc. in Sumant Sinha-founded ReNew Power Ventures Pvt. Ltd, said two people... Read more.. Subject Tags: India , IPO , Macquarie Group , Renew power , renewable energy companies , stake sales |
India's small renewables firms fighting consolidation waveBy : Sustainability ..., Aug 22, 2018
Small to mid-sized renewable energy companies in India are starting to look like attractive takeover targets as lenders and investors withhold funds, worried by the stiff competition, weak bond... Read more.. |