AMPIN, Danish investor CIP expand partnership for renewable energy projects in India
AMPIN Energy Transition and Copenhagen Infrastructure Partners have expanded their existing collaboration with $300 million joint equity investments to enable the addition of 2 GWp of renewable energy projects across India. This new partnership along with the existing one will create a $2.7-3 billion renewable energy asset base in India.
NTPC, ONGC form joint venture company for renewable energy, storage projects
ONGC NTPC Green Pvt Ltd will explore and set up renewable energy (RE) projects in India and overseas through greenfield development and acquisitions. It will also explore and harness opportunities in the fields of energy storage, e-mobility and ESG (Environmental, Social and Governance) compliant projects.
ACME Sun Power secures INR 3,753 crore loan from REC
ACME Solar’s arm ACME Sun Power has secured INR 3,753 crore loan for the development and construction of firm and dispatchable renewable energy (FDRE) projects totaling 320 MW in Rajasthan and Gujarat.
Rishabh’s string inverter business records 300% YoY growth in H1 revenue
Indian manufacturer Rishabh Instruments designs, develops and manufactures solar string inverters with technology acquired from GEFRAN S.pA., Italy.
Oriana Power H1 revenue up 461%, PAT up 748%
Oriana Power has reported revenues of INR 359.54 crore and net profit of INR 48.57 crore during the half-year ended September 30, 2024.
Jakson Green completes CO2-to-methanol project for NTPC
The project at NTPC’s Vindhyachal thermal power plant in Madhya Pradesh captures CO2 directly from the flue gas emissions and converts it into methanol. Jakson Green executed the project on turnkey basis.
Adani Group to invest $10 billion in US energy, infrastructure projects
Adani Group chairman Gautam Adani said this week the Group will invest $10 billion in US energy security and infrastructure projects, creating up to 15,000 jobs in America.
NTPC Green sets the price band for its INR 10,000 crore public issue
NTPC Green Energy intends to utilize the net proceeds from the fresh issuance to the extent of INR 7,500 crore for repayment/prepayment, in full or in part, of certain outstanding borrowings availed by its wholly owned subsidiary, NTPC Renewable Energy Ltd (NREL). The balance will go towards general corporate purposes.
IndiGrid, BII, and Norfund form $300 million platform to develop greenfield transmission and BESS projects in India
IndiGrid has partnered with British International Investment (BII) and Norfund to form a $300 million platform, EnerGrid, to develop greenfield transmission and standalone battery energy storage system (BESS) projects in India.
The future of clean energy policies in a new Trump administration
With passage of a trifecta of clean energy legislation, the U.S. now has strong industrial policy that is building out domestic manufacturing, bringing jobs to the U.S., increasing clean energy capacity, driving the economy and more. What could change?
