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.
Siemens to acquire Mass-Tech Controls’ EV division
The acquisition will strengthen Siemens’ capability to address the fast-growing demand for electric vehicle (EV) charging infrastructure in India.
IndiGrid to acquire Virescent’s 538 MWp solar portfolio
Post this acquisition, IndiGrid’s overall solar assets portfolio will reach 674 MWp.
First Solar acquires Swedish perovskite specialist Evolar
First Solar has agreed to pay $38 million to buy Swedish manufacturing startup Evolar AB, as it seeks to expand development of high-efficiency tandem PV tech.
