Skip to content

Mergers & Acquisitions

Epsilon Advanced Materials completes acquisition of LFP Cathode Technology Center in Germany

Acquisition of the technology center in Germany expedites Epsilon Advanced Materials’s plans to establish a lithium-ion phosphate (LFP) cathode manufacturing plant in India, Asia’s first outside of China

Reliance to sell REC’s polysilicon manufacturing arm for $22 million

Reliance Industries Ltd (RIL) is selling REC Solar Holdings’ kerf-based polysilicon manufacturing arm REC Solar Norway to Elkem ASA, a silicon-based material provider. Upon completion of the sale, RIL will continue to retain the technology and intellectual property rights of kerf-based polysilicon.

IndiGrid signs agreement to acquire 300 MW (AC) solar assets from ReNew

IndiGrid has executed the share purchase agreement to acquire ReNew Solar Urja Pvt Ltd from ReNew Solar Power, which operates a 300 MW (AC) solar project in Rajasthan. The acquisition is to be done a total enterprise value of INR 1,650 crore ($199 million) including net working capital and cash.

Mahindra & Mahindra sells solar assets to InvIT owned with Canadian pension fund

Mahindra & Mahindra Group has announced the cessation of its solar subsidiaries Emergent Solren, Mega Suryaurja, Megasolis Renewables, Neo Solren, Astra Solren, and Brightsolar Renewable Energy.

ISA announces launch of pilot project backed by Global Solar Facility

The International Solar Alliance’s Global Solar Facility (GSF) includes payment guarantee, insurance and investment fund components to catalyze solar investments in underserved geographies.

Birla Carbon acquires Belgian nanotube manufacturer to drive growth in lithium battery materials

Birla Carbon has acquired Belgium’s carbon nanotube manufacturer Nanocyl as it looks to establish a leadership position in materials critical to lithium-ion battery performance.

Crisil to acquire Bridge To India Energy

The acquisition will enhance Crisil’s positioning in consulting services for the renewables and new energy sector.

QIA buys 2.7% stake in Adani Green Energy

Qatar Investment Authority (QIA) has acquired 42,604,601 shares from Adani Green Energy’s promoter Infinite Trade and Investment at a price of INR 920 per share.

First half 2023 total solar corporate funding increased 54% year-over-year

According to Mercom’s Solar Funding report almost 25.5 GW of solar projects were acquired in the first half of the year, totaling $18.5 billion.

Himadri invests US$6.7 million in Australia’s Sicona Battery Technologies

India’s Himadri Speciality Chemical has acquired a 12.79% stake in Sicona Battery Technologies, an Australian startup that specializes in high-capacity silicon anode technology for lithium-ion batteries.


This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.