Waaree Energies Board of Directors approves acquisition of Kamath Transformers, Green New Delhi Forever Energy
Waaree Energies’ Board of Directors has approved the acquisition of Kamath Transformers by the company. The Board also approved the acquisition of Green New Delhi Forever Energy by Waaree Forever Energies, a wholly owned subsidiary of Waaree Energies.
Hexa Climate buys Fortum’s renewable energy portfolio in India
Gurugram based Hexa Climate Solutions has acquired Finnish energy company Fortum’s renewable energy portfolio in India.
Adani Green Energy allots 44.9 lakh equity shares to Ardour upon warrant conversion
Adani Green Energy Ltd (AGEL) has approved the conversion of 44.9 lakh warrants into equity shares by Ardour Investment Holding, a member of the promoter group of the Company. Consequently, the promoter group shareholding in AGEL has increased from 60.94% to 61.05%.
Havells invests INR 600 crore in Goldi Solar
Havells India Ltd has signed binding term sheet to invest INR 600 crore in Surat-based PV module manufacturer Goldi Solar (Goldi). As part of conditions precedent to the transaction, Havells will enter into a master supply and service agreement with Goldi for consistent supply of solar modules and cells.
JSW Energy completes acquisition of O2 Power
JSW Energy has completed the acquisition of 4.7 GW renewable energy platform O2 Power at an enterprise valuation of around INR 12,468 crore.
ONGC NTPC Green completes acquisition of Ayana Renewable Power
ONGC NTPC Green has completed the acquisition of 100% equity stake in Ayana Renewable Power, a renewable energy platform with a portfolio of around 4,112 MW in India.
Brookfield sells 1.6 GW of solar, wind assets in India to Gentari
Brookfield has announced the sale of 1.6 GW portfolio of solar and wind assets in India to Gentari Renewables India (Gentari). The first-phase sale of 1 GW of operating assets is already complete.
Gensol Engineering to sell US arm Scorpius Trackers for INR 350 crore
Gensol Engineering has signed a non-binding term sheet to sell its US arm Scorpius Trackers to a major renewable energy solutions provider in the US.
ONGC NTPC Green acquires Ayana Renewable Power
ONGC NTPC Green, a joint venture of ONGC Green and NTPC Green Energy, has signed the agreement to acquire a 100% equity stake in Ayana Renewable Power (Ayana) for INR 195 billion ($2.3 billion).
How Gujarat is balancing industrial and environmental goals
Gujarat’s commitment to balancing industrial growth with environmental sustainability is a model for other states to follow. By harnessing solar energy, advancing green hydrogen production, and promoting energy storage technologies, the state is building a robust framework for a sustainable future.
