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Edelweiss Infrastructure acquires 74% stake in Engie’s India solar assets

The Mumbai-based investor has concluded acquiring a controlling stake in Engie’s 813 MWp operating solar capacity in India. It will also acquire 2 GW of solar assets to be developed by the French energy major over the next couple of years. 

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Engie sells controlling stake in 813 MW Indian solar portfolio

Mumbai investor Edelweiss Group will gain a controlling stake in the generation assets in a deal which Engie says will allow it to reduce its debt by Rs3,160 crore.

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French developer Engie reaches 1.5 GW renewables capacity in India

The company recently bagged a total capacity of 480 MW in Gujarat, including 200 MW wind and 280 MWp solar. Its 338 MWp solar project at Kadapa Solar Park in Andhra Pradesh has also gone live.

Giant solar project at area of Chernobyl’s nuclear disaster is doable, Engie’s study says

The feasibility study was conducted by France’s Tractebel Engineering SA. The authors of the report concluded that the 1.2 GW solar park is feasible, despite the current radioactive contamination levels in the area.

Engie commisions 140 MW plant Bhadla, signs 250 MW solar PPA

French President, Emmanuel Macron, and Indian Prime Minister, Narendra Modi both inaugurated Engie’s 75 MW PV plant on March 12, 2018, in Mirzapur, Uttar Pradesh. On the occasion, France-based Engie also announced the status of another two PV, and two wind projects.

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Husk Power Systems receives $20m investment from Shell, Swedfund and ENGIE

To scale up its mini grids business in Asia and Africa, Indian energy startup Husk Power systems has received sizeable financial backing from international investors.

Engie in talks to develop solar roofing partnership in India – reports

French clean energy developer Engie is reportedly discussing a partnership with Indian roofing manufacturer Everest Industries to develop “solar-ready” rooftop solutions for the under-served distributed generation market.

Cold room powered 100% by solar

The Cryosolar solution consists of a 20-foot or 40-foot container equipped with a plug-and-play PV system installed on the roof. It has 180 mm thick insulation and 10 to 35 cubic metres of storage with shelves.

Cabinet approves India, France MoU on renewable energy

The Memorandum of Understanding entails joint research and development projects in solar, wind, hydrogen and biomass energy.

World could add up to 194 GW of solar this year

Falling module prices will help PV post another record year after an estimated 132 GW was installed worldwide in 2020, according to an energy transition investment trends report published by Bloomberg New Energy Finance.

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