BlackRock to invest INR 3,000 crore for minority stake in Aditya Birla Renewables
Global Infrastructure Partners (GIP), part of BlackRock, is set to invest INR 3,000 crore for a minority stake in Aditya Birla Renewables, a commercial and industrial (C&I)-focused renewable energy platform under the Aditya Birla Group, with a pan-India portfolio of 4.3 GW.
AmpIn Solar begins work on PV cells, modules manufacturing facility in Odisha
AmpIn Solar, a JV between AmpIn Energy Transition and Jupiter International Ltd, is setting up the 1.3 GW per annum solar cells and modules manufacturing facility in Odisha under the government’s production-linked incentives (PLI) scheme.
Rajasthan signs MoUs worth $14.85 billion for renewable energy, storage, and hydrogen projects
The State government has signed agreements for various giga-scale projects across renewable energy generation, solar manufacturing, pumped hydro storage, and green hydrogen.
Sangam completes sale of 24 MW solar assets to Aditya Birla Renewables
The Mumbai-headquartered commercial and industrial solar solutions provider has divested its entire stake (51%) in the 24 MW operational PV assets for INR 41.60 crore.
India could add 2.5 GW of big solar in second half
Some 1 GW of utility scale project capacity was added to the end of June.
Rs2.44 solar bid equalled in Gujarat – but is it viable?
The state’s second attempt to tender for 500 MW of capacity has made a mockery of predictions of rising PV electricity prices and exonerated utility for cancelling previous procurement round. But the absence of India’s cheapest solar energy generator from the latest exercise could be telling.
