Solar power developers that participated in one of the largest auctions in India suffered a major jolt at the hands of the government of Jharkhand state as the latter decided to reduce the tariff available to successful bidders of an auction held in March 2016.
Goldman Sachs-backed ReNew Power Ventures Limited is among the leading independent renewable energy generators in India. The company has announced an ambitious plan to further increase its installed capacity.
SkyPower Global has found itself in a legal tussle with the government of Madhya Pradesh and could end up losing two of the three 50 megawatt solar power projects it won in the state’s competitive auction.
One of India’s leading renewable energy companies — ReNew Power Ventures Limited — is reportedly looking to further expand its portfolio through acquisition of another independent power producer.
Greenko Energy Holdings, the India-based renewable energy developers which acquired the solar power portfolio of SunEdison India, will soon launch a green bond — Asia’s largest to date.
The Asian Development Bank sold green masala bonds worth Rs 3 billion ($46 million) to help fund more than 700 megawatts of solar and wind energy capacity in India.
Goldman Sachs-backed renewable energy project developer ReNew Power Ventures recently reported that a Japanese company was issued equity shares worth $200 million.
The Asian Development Bank agreed to provide $390 million in debt funding to ReNew Power Ventures to set up more than 700 megawatts of solar and wind energy capacity.
Funds raised through green bonds issued by ReNew Power Ventures will be used to set up two wind energy projects.
One of India’s largest independent renewable energy producers — ReNew Power Ventures — is said to be considering an initial public offer to raise funds for expansion of its assets. According to media reports, the company is looking to raise a total of $300 million, including $100-150 million through initial … [continued]
