Virescent Renewable Energy Trust (VRET), a renewables-focused infrastructure investment trust (InvIT), announced that it has signed definitive agreements under which IndiGrid would purchase all units of Virescent for up toContinue Reading
Scorpius Trackers Pvt Ltd., one of India’s top producers of single-axis solar tracker solutions, has been acquired by Gensol Engineering Limited, a prominent solar engineering, procurement, and construction (EPC) business.Continue Reading
Waaree Energies has received permission from the National Company Law Tribunal’s (NCLT) Delhi Bench for its proposed acquisition of Indosolar. Indosolar, an Indian maker of PV cells, has suffered considerable losses,Continue Reading
The total value of acquisitions in India’s renewable energy sector increased by more than 300 percent to $6 billion in the first ten months of 2021 (till October) from lessContinue Reading
Reliance New Energy Solar (RNESL) announced today that it has purchased a 100% stake in REC Solar Holdings AS (REC Group) from China National Bluestar (Group) Co Ltd. for $771Continue Reading
Reliance Industries (RIL) is poised to acquire Norwegian solar module maker REC Group for $1-1.2 billion from China National Chemical Corp (ChemChina) as part of the oil-to-telecom conglomerate’s Rs 75,000Continue Reading
Adani Green Energy Limited (AGEL), one of the largest renewables companies in India, today announced that it has signed a share purchase agreement for the acquisition of 100% stake inContinue Reading
Orient Cement has On Thursday entered into Share Purchase, Subscription and Shareholder’s Agreement with AMPSolar Technology Private Limited and AMPSolar Systems Private Limited for acquisition of 26% stake in theContinue Reading
