Statkraft signs agreement to sell solar, wind projects in India to Serentica
Statkraft has signed an agreement to sell approximately 1.5 GWp of its renewable energy portfolio in Rajasthan, comprising the recently commissioned 445 MWp Khidrat solar plant and around 1,000 MWp of solar and wind projects at various stages of development.
ACME Solar to acquire AK Renewable Infra
ACME Solar Holdings has executed a share purchase agreement to acquire 100% equity shares of AK Renewable Infra for an enterprise value of INR 79.25 crore.
Waaree Energies enters transformer business with majority acquisition of Kotsons
Kotsons’ UL certifications for dry transformers open significant opportunities for exports to the USA and Canada, aligning with Waaree’s growing international presence.
Everest Industries invests in solar plant for captive consumption
Everest Industries, a building solutions company in India, has invested INR 1.76 crore in Amplus Ampere (Amplus), a special-purpose vehicle (SPV) created by Amplus Energy Solutions to set up a solar power plant for group captive consumption.
Waaree issues clarification on Enel Green Power India acquisition deal
Waaree Energies Ltd has issued a clarification regarding recent media reports suggesting that its deal for acquisition of Enel Green Power India is on the verge of collapse. In a regulatory statement, the company stated that certain commercial terms of the agreement are under review and the company is in discussions for the same.
Exide Industries infuses INR 100 crore into lithium battery arm
Exide Industries Ltd has invested an additional INR 100 crore in its lithium-ion battery arm, Exide Energy Solutions Ltd (EESL), through equity subscription.
Shakti Pumps invests INR 12 crore in solar manufacturing arm
Shakti Pumps (India) Ltd has invested INR 12 crore in its wholly owned subsidiary, Shakti Energy Solutions Ltd, in exchange for equity shares.
Adani Green Energy allots 1.09 crore equity shares to Ardour upon warrant conversion
The promoter group’s shareholding in Adani Green Energy Ltd (AGEL) has now increased from 61.91% to 62.17%.
ReNew receives final non-binding offer from Masdar, CPP Investments, ADIA, and Sumant Sinha
ReNew Energy Global has received a final non-binding offer from a consortium of its promoters to acquire the company’s entire issued and to be issued share capital not already owned by the Consortium, for cash consideration of $8.00 per share. This offer is 13.2% higher than the initial proposal made on Dec. 10, 2024.
Honeywell adds Li-ion Tamer for battery fire safety in buildings
Honeywell has acquired the Li-ion Tamer business from Nexceris, a leader in off-gas detection technology for lithium-ion batteries. Li-ion Tamer’s early warning technology detects battery off-gassing, which typically precedes thermal runaway, providing facilities with vital time to intervene before a battery fire starts.
