Originally published on Future Trends. Welcome to another issue of our new India x Cleantech series! On a monthly basis, we are pulling news from across clean technology sectors in India into a single, concise summary article about the country. Cleantech Investments ReNew Power Proposes $570 Million Investment In Solar … [continued]
Investors and developers are looking to cash in on the wave of consolidation that has swept the Indian renewable energy sector. Several large-scale solar and wind power developers have been part of equity and asset sale transactions. The focus now seems to have shifted to the rooftop solar power market. … [continued]
India-based renewable energy developer Mytrah Energy is reportedly looking to list itself on a US stock exchange. According to media reports, wind energy project developer Mytrah Energy is looking to merge with a special purpose acquisition company (SPAC) and subsequently get listed on a US stock exchange. The company is … [continued]
India’s largest power generation company is expected to commission the country’s largest floating solar power project over the next three months. According to media reports, NTPC is expected to commission a 100-megawatt floating solar power project in the southern state of Telangana. The project will be spread across 450 acres … [continued]
A few days ago, I spotted the following Reuters headline: “Exclusive: India woos Tesla with offer of cheaper production costs than China.” Intrigued, and thinking there was some real news on what Tesla is going to do in India, I opened the link and read through the story. However, the … [continued]
One of India’s leading renewable energy companies has secured approval to set up production facilities for solar cells and modules and lithium-ion batteries. ReNew Power had submitted proposals to set up a solar cell and module production facility with 2–4 gigawatts per annum capacity and another facility to produce lithium-ion … [continued]
India will soon issue tenders for production and procurement of hydrogen from renewable energy sources, India’s minister for renewable energy revealed. According to media reports, minister RK Singh said that his government is exploring the possibility to conduct the first green hydrogen auction over the next three to four months. … [continued]
Ending years of speculations about its listing at stock markets, one of India’s leading renewable energy companies — ReNew Power — has announced plans for listing at Nasdaq. According to a press release, ReNew Power will merge with RMG Acquisition Corporation II which is already listed at Nasdaq. ReNew Power … [continued]
Indian wind energy generator Continuum Wind Energy is planning to issue its first green bond with backing from the International Finance Corporation. According to media reports, Continuum will issue a green bond to raise $500-600 million. The bond will be listed at Singapore Exchange. IFC has announced that it will … [continued]
E-commerce giant Amazon and its Walmart-backed Indian rival Flipkart have both announced partnerships with electric vehicle manufacturers for last-mile delivery of products. Amazon, in a recent press statement, announced it will strengthen its partnership with Mahindra Electric to procure more electric three-wheelers for last-mile deliveries. Amazon has already acquired 100 … [continued]
