More Indian news outlets are now reporting the possibility that SunEdison will back out of its acquisition of Indian wind energy independent power producer Continuum Wind Energy. Leading business daily Economic Times has reported that the US-based renewable energy project developer may not go ahead with the acquisition of Continuum Wind … [continued]
Bullish on the changed economic and regulatory environment, the Indian Wind Turbine Manufacturers Association expects a 52% jump in capacity addition this year. The association expects that 3.5 GW worth of wind energy capacity will be added in the 12 months between April 2015 and March 2016. If the capacity addition … [continued]
After weeks of rumours of SunEdison looking to acquire India-based Continuum Wind Energy, the US-based project developer has agreed to go ahead with the acquisition. Continuum Wind Energy has an installed capacity of 145 MW capacity with 270 MW capacity currently under-construction. SunEdison is expected to buy out a stake … [continued]
SunEdison, which controls the world’s largest renewable energy capacity, is planning to expand its footprint in India through a massive wind energy acquisition. Continuum Wind Energy, an independent power producer in India, is on the acquisition radar for SunEdison. The US-based project developer plans to buy out Continuum Wind Energy for … [continued]
Continuum’s 170 MW wind energy project in Madhya Pradesh, India, has received funding from the International Finance Corporation and Yes Bank.
