Amplus Solar rebrands to Gentari
Sharad Pungalia has been appointed as Gentari’s Head of India. Pungalia, previously serving as the chief executive officer of Amplus Solar, has been instrumental in scaling Amplus Solar to more than 2.4 GW of operational and under-construction distributed energy assets.
Gentari, IHI sign MoU to develop green ammonia value chain
Petronas arm Gentari and Japan’s IHI have signed a Memorandum of Understanding (MoU) to jointly develop a global green ammonia value chain and commercial demonstration of ammonia-powered gas turbine.
Amazon, Petronas to collaborate on clean energy growth
Petronas arm Gentari will provide green mobility solutions to decarbonize Amazon’s India transportation network. Amazon Web Services (AWS) will support Petronas in designing and constructing a state-of-the-art plant to produce sustainable aviation fuel.
ReNew trims net loss to $61 million in FY 2023
ReNew Energy Global posted a net loss of $61 million for FY 2022-23, compared to $196 million for FY 2021-22.
Gentari signs 5,000 commercial EV supply pact with Tata Motors
Gentari, a Vehicle-as-a-Service (VaaS) provider, has signed pacts with Tata Motors, MoEVing, and Gati to strengthen its fleet of electric cargo vehicles.
Petronas jumps into PV market with Amplus acquisition
The Malaysian oil and gas group has purchased solar developer Amplus Energy Solutions from infrastructure investor I Squared Capital. No financial terms of the deal have been disclosed.
Abu Dhabi’s Masdar in race to buy Hero Future stake
Abu Dhabi based Masdar Clean Energy is in talks to acquire a 30-35% stake in Hero Future Energies. With the stake sale, the renewable energy arm of Hero Group expects to raise $300-350 million for its expansion into global markets, according to reports.
