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Strategic Alliances

Magenta partners real estate developer Lodha Group on EV charger installation

Under the partnership, Magenta will install its electric vehicle charging solution ChargeGrid Pro at Lodha Group’s real estate projects in Mumbai, delivering installation to charging support, round-the-clock service, and maintenance support.

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Pay-as-you-go solar provider Greenlight Planet partners telco Orange in Africa

The partnership allows Orange subscribers to access Greenlight Planet’s off-grid solar systems via simple mobile pre-payment, wherever they are and regardless of their total energy needs.

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Ecoppia to deploy cloud-based robotic cleaners for over 400 MWp Fortum solar projects

The Israeli developer of module cleaning robots—which has secured over 7 GW of projects globally—will deploy its connected and water-free E4 solution for Fortum projects in Pavagada and Bhadla solar parks.

Abu Dhabi’s Masdar invests $150 milion in Hero Future Energies

The clean tech company will use the amount to fund its expansion as it plans to reach 5 GW of solar capacity in the next two or three years.

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Coal India tenders 100 MW solar projects in Chattisgarh

The projects—to be developed in ‘Capex’ mode—are part of the coal producer’s planned solar capacity of around 3 GW to emerge as a net zero energy company. Bidding closes on November 25.

U GRO Capital, Sunvest Capital to co-lend Rs 200 million to MSMEs for rooftop solar

The partnership will leverage the market intelligence of Sunvest and the tech-driven platform of U GRO in lending to MSMEs for rooftop solar.

Austrian company Aerocompact to make solar racking in India

The ‘intelligent’ racking solutions provider has joined hands with Norwegian aluminium producer Hydro Extrusion’s India arm to manufacture PV racking for rooftops. The manufacturing unit—located in Bengaluru—is eyeing at least 20 MW of business from India in the next six months.

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Azure Power to raise US $75 million equity from Canadian investor CDPQ

The investment will increase Caisse de dépôt et placement du Québec’s equity stake in the NYSE-listed solar developer to 49.4% from current 41.4%.

Siemens to impart skills in renewable energy and e-mobility

The ‘Skills for Sustainable Growth’ project will be implemented by Siemens in partnership with India’s Ministry of Skill Development and Entrepreneurship and German development agency GIZ.

Uttar Pradesh to tap state water bodies for solar power

Jal Shakti minister Mahendra Singh wants to achieve a win-win by wiping out his department’s Rs3,000 crore electricity bill and selling clean energy to the Ministry of Power. His solution involves ambitious plans for floating PV in Uttar Pradesh.

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