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Germany-based wind turbine maker Senvion signs pact to sell Indian entity

By : Sustainability ..., Apr 8, 2020

Wind turbine manufacturer Senvion on Tuesday said it has entered into a binding agreement to sell and transfer its fully operational Indian entity to a strategic investor. Last year, the Germany-based company had announced its decision to spin off Indian operations into a...

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Malaysian investor buys into India PV player

By : Sustainability ..., Apr 2, 2020

Malaysia’s Yinson Holdings Berhad has reached agreements to acquire a stake in a 140MW photovoltaic portfolio in India. Under the terms of the agreements Yinson has acquired a 37.5% equity interest in Rising Sun Energy, an India-incorporated company that owns two operational...

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Mahindra Renewables divests its stake in Cleansolar Renewable Energy to CLP India

By : Sustainability ..., Mar 30, 2020

Mahindra & Mahindra announced that Mahindra Renewables (MRPL), a step-down wholly owned subsidiary of the Company, has completed the sale of 96,23,000 equity shares of Rs. 10 each held by MRPL in Cleansolar Renewable Energy (CREPL) aggregating to 100% of the paid-up...

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Experts stress equity in India’s push for a green economy

By : Sustainability ..., Aug 27, 2019

A transition to a green economy in India must be a ‘Just Transition’, keeping in mind vulnerable livelihoods. A Just Transition would need to look at the labour surplus issue in India especially...

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