Gensol Engineering Limited has approved a fundraise of up to Rs 6 billion to strengthen its balance sheet and accelerate its zero net-debt goal. The fundraise includes Rs 4 billion through foreign currency convertible bonds […]
NTPC Renewable Energy Limited (NTPC REL) has commissioned the 105 MW Shajapur Solar Project (Unit-I) in Shajapur Solar Park, Madhya Pradesh. The project was developed in two phases, with the first 55 MW achieving commercial […]
JSW Neo Energy Limited has signed a share purchase agreement (SPA) for the acquisition of a 100 per cent equity stake in Virya Infrapower Private Limited for a total enterprise value of Rs 75.4 million. […]
SWELECT Energy Systems Limited has secured orders exceeding 150 MW for its TOPCon bifacial solar photovoltaic modules. The company has also raised Rs 2.90 billion through non convertible debentures through a private placement with India […]
Avaada Electro has inaugurated its 1.5 GW solar module manufacturing facility in Noida and laid the foundation stone for a 5 GW integrated solar manufacturing unit in Greater Noida. The 1.5 GW photovoltaic module manufacturing […]
Gentari Renewables India has acquired a 1.6 GW portfolio of solar and wind assets from Brookfield Asset Management. The transaction is structured in two phases, with the first phase involving the acquisition of 1 GW […]
The State Grid Corporation of China (SGCC) has commissioned the 500 kV Bayue−Chenjiaqiao II transmission line, also known as the Yuechen II line, in Chongqing. The 55-km transmission line connects the 1,000 kV Bayue substation […]
The Ministry of New and Renewable Energy (MNRE) has issued revised domestic content requirement (DCR) norms for solar cells, specifying that only those based on crystalline-silicon technology and manufactured in India using undiffused silicon wafers […]
The Competition Commission of India (CCI) has approved the proposed acquisition of a 100 per cent shareholding in Ayana Renewable Power Private Limited by ONGC NTPC Green Private Limited. ONGC NTPC Green is a joint […]
The Competition Commission of India (CCI) has approved the proposed acquisition of certain shareholding in Greenko Energy Holdings by AMG Green Power B.V. and the subscription of certain convertible notes of AM Green (Luxembourg) S.À.R.L […]
Bhilwara Energy Limited (BEL) has approved a fundraise of up to Rs 5 billion, led by Yash Kela-led Singularity AMC. Singularity AMC, a growth equity firm backed by investor Madhusudan Kela, has signed definitive agreements […]
AmpereHour Energy has raised USD 5 million in a Series A funding round led by Avaana Capital, with participation from UC Impower and existing angel investors. The company plans to utilise the funds to accelerate […]
The Government of Indonesia has launched a massive floating solar plant on the Cirata Reservoir, 107 km southeast of Jakarta, marking a major step in its renewable energy transition. Covering 4 per cent of the […]
NTPC Green Energy Limited (NGEL) has signed a joint venture agreement (JVA) with Chhattisgarh State Power Generation Company Limited (CSPGCL) during the Chhattisgarh Energy Investors summit. The JVA aims to develop, operate, and maintain renewable […]
CleanMax has entered a strategic joint venture (JV) with Osaka Gas Company Limited. As part of the agreement, Osaka Gas Singapore Private Limited and the Japan Bank for International Cooperation will invest in a JV […]
Serentica Renewables has expanded its partnership with Hindustan Zinc Limited increasing the company’s round-the-clock renewable energy capacity from 450 MW to 530 MW. This industry-first time block-based round-the-clock renewable energy contract ensures a guaranteed supply […]
Waaree Renewable Technologies Limited has secured an engineering, procurement, and construction (EPC) order for a 125 MWac (181.3 MWp DC) solar power project on a turnkey basis, including operation and maintenance. The order is worth […]
Botswana and Zambia are working on a high voltage transmission line to strengthen energy cooperation and improve electricity trade within the Southern African Development Community (SADC). Zambia’s minister of energy, and Botswana’s minister of minerals […]
Indian Railway Finance Corporation (IRFC), the dedicated funding arm of Indian Railways, is expanding into the renewable energy sector as part of its strategy to finance industries linked to rail operations. The company secured a […]
SJVN Limited has signed a memorandum of understanding (MoU) with the Government of Chhattisgarh and Chhattisgarh State Power Generation Company Limited (CSPGCL) to develop an 1,800 MW pumped hydro storage project at Kotpali. Under the […]
COPYRIGHT © 2017-2025 | POWER LINE