In Short : Goldi Solar has secured a ₹137 crore investment from Kamath, marking a strong boost to its renewable energy growth plans. The funding will support the company’s expansion in solar manufacturing and clean energy projects. This strategic bet underscores rising investor confidence in India’s solar sector and highlights Goldi Solar’s role in driving […]
In Short : CleanMax has filed its Draft Red Herring Prospectus (DRHP) with SEBI for a ₹5,200 crore IPO. The issue will comprise both fresh equity shares and an offer for sale. Funds raised will support debt repayment, capacity expansion, and strengthening its renewable energy portfolio. The IPO highlights CleanMax’s ambition to accelerate its leadership […]
In Short : Juniper Green Energy has secured ₹1,739 crore in funding from the Indian Renewable Energy Development Agency (IREDA) to support its clean energy initiatives. The investment will be used to expand solar and wind power projects, boosting India’s renewable capacity. This move strengthens Juniper Green’s role in driving sustainable growth and achieving national […]
In Short : ACME Hybrid Urja Pvt Ltd has secured ₹3,184 crore funding from Rural Electrification Corporation (REC) to boost its renewable energy portfolio. The investment will support solar, wind, and hybrid power projects, enhancing clean energy infrastructure. This funding marks a significant step in ACME’s mission to advance India’s energy transition and meet its […]
In Short : Ultraviolette Automotive has secured $21 million in funding, led by TDK Ventures, to accelerate its electric mobility growth. The funds will be used for product development, manufacturing expansion, and entry into global markets. The company aims to strengthen its position in high-performance electric motorcycles, advancing clean transportation and sustainable mobility solutions worldwide. […]
In a move to accelerate its clean energy mission and global growth, Statcon Energiaa Private Limited (“Statcon Energiaa”) has secured an investment from Rotomag Enertec Limited, which now holds a majority stake in Statcon Energiaa. This investment marks a significant milestone in Statcon Energiaa’s journey, enabling them to scale their indigenously developed solutions. Statcon Energiaa […]
In Short : The Ministry of Heavy Industries has extended the PM E-DRIVE scheme until 2028 to boost India’s electric mobility push. The program supports manufacturing and adoption of electric vehicles through incentives and infrastructure development. The extension aims to accelerate EV penetration, reduce carbon emissions, and strengthen India’s position in the global clean transportation […]
In Short : The Gujarat government and NTPC are exploring strategic collaboration in green and renewable energy sectors, including green hydrogen, solar, wind, and pumped hydro storage projects. The initiative aims to accelerate Gujarat’s clean energy transition and support India’s broader sustainability goals. Discussions focus on leveraging NTPC’s technical expertise and Gujarat’s policy support to […]
In Short : The Ministry of Power has revised the Viability Gap Funding (VGF) guidelines for Battery Energy Storage System (BESS) projects to attract greater private investment and improve implementation. The amendments aim to enhance financial viability, promote faster deployment, and support renewable energy integration. This move aligns with India’s efforts to strengthen grid stability […]
In Short : India has released revised guidelines for Hydrogen Valley Innovation Clusters (HVICs) and Green Hydrogen Hubs under the National Green Hydrogen Mission. The new framework aims to promote regional hydrogen ecosystems, support end-to-end value chains, and encourage exports. It prioritizes innovation, industrial applications, and infrastructure development to accelerate adoption and position India as […]