In Short : OMC Power plans to develop a 1,000 MWp renewable energy portfolio with an investment of ₹4,000 crore. The initiative focuses on expanding clean energy access in rural and underserved areas through solar mini-grids and distributed energy solutions. This ambitious move supports India’s decarbonization goals and highlights OMC’s commitment to driving sustainable development […]
Smarten Power Systems IPO Opens to Fund Expansion and Boost Clean Energy Portfolio – EQ
In Short : Smarten Power Systems’ ₹50-crore IPO opened on July 7 at ₹100 per share, offering 50 lakh equity shares. The issue includes a fresh ₹40.01 crore issue and ₹10 crore OFS. Funds will support battery manufacturing, capex, and debt repayment. The IPO closes on July 9, with allotment on July 10 and expected […]
Inox Neo Energies Boosts Clean Power Portfolio with ₹265 Crore Solar Asset Acquisition in Madhya Pradesh – EQ
In Short : Inox Neo Energies has acquired a 50 MW solar project in Madhya Pradesh from Skypower Solar India for ₹265 crore. Commissioned in FY18, the project operates under a 25-year PPA with MPPMCL. This acquisition supports Inox’s strategy for accelerated growth and expands its renewable footprint toward its 3 GW hybrid energy target. In Detail […]
Avaada Group Strengthens Green Energy Portfolio with 14 GW Renewable Power Agreements – EQ
In Short : Avaada Group has secured Power Purchase Agreements (PPAs) for 14 GW of renewable energy projects across India. This significant milestone strengthens Avaada’s position in the clean energy sector, supporting India’s green energy transition. The projects span solar, wind, and hybrid sources, contributing to the nation’s renewable energy targets and promoting sustainable development […]
Apollo Green Energy to form Subsidiary; Invest Rs 500 Crore to Build 1 GW Portfolio – EQ
In Short : Apollo Green Energy has announced plans to establish a subsidiary and invest Rs 500 crore to develop a 1GW renewable energy portfolio. This strategic move aims to expand its footprint in the clean energy sector, focusing on solar and wind projects. The investment reflects Apollo Green Energy’s commitment to driving sustainable energy […]
JSW Energy Strengthens Power Portfolio with KSK Mahanadi Acquisition Pending Regulatory Approvals – EQ
In Short : JSW Energy has received a Letter of Intent to acquire KSK Mahanadi Power’s 3,600 MW thermal plant in Chhattisgarh. The deal, approved by creditors, awaits clearance from the NCLT and CCI. With 1,800 MW operational and 1,800 MW under construction, the acquisition will strengthen JSW Energy’s power portfolio and support India’s growing […]
Hindustan Power To Build 5 GW Energy Portfolio By 2028 – EQ
In Short : Hindustan Power, led by Ratul Puri, plans to expand its energy portfolio to 5 GW by 2028, focusing on renewable and transitional energy. With an existing 4 GW portfolio, the company aims to support India’s clean energy goals. This initiative strengthens energy security, boosts sustainability, and aligns with India’s target of 500 […]
Juniper Green Energy Raises $1 Billion in Debt Financing to expand its Clean Energy Portfolio – EQ
Gurgaon – Juniper Green Energy, the renewable energy developer, has successfully secured US$1 billion in phased debt financing over the past few months from leading financial institutions, including Power Finance Corporation Limited (PFC), DBS Bank, HSBC Bank, and the Indian Renewable Energy Development Agency Limited (IREDA). This strategic funding will support the growth and development […]
ENGIE plans to expand renewable portfolio to 7 GW by 2030 – EQ
In Short : ENGIE, a global energy company, has announced plans to expand its renewable energy portfolio to 7 gigawatts (GW) by 2030. This ambitious target is part of ENGIE’s broader strategy to accelerate the transition to sustainable energy sources and reduce its carbon footprint. The expansion will involve investments in various renewable energy projects, […]
Canadian Solar Completes 61 MWp Solar Portfolio Sale in Japan
Canadian Solar Inc. has completed the sale of two operational projects totaling 61 MWp to Canadian Solar Infrastructure Fund for approximately $283 million. To finance the acquisition of the 53 MWp Oita Hiji-machi and 8 MWp Miyagi Ogawara projects, CSIF recently completed an international public offering and raised over $166 million on the Tokyo Stock Exchange. Canadian Solar […]
