JSW Acquires 4.7 GW RE Platform From O2 Power For ₹12,468 Cr Updated On Thu, Apr 10th, 2025 by Saurenergy JSW Neo Energy Limited (JSW Neo), a JSW Energy Limited subsidiary, has completed the acquisition of a 4.7 GW renewable energy (RE) platform from O2 Power Pooling Pte. Ltd. (O2 Power), a platform jointly established by global investment organisations EQT & Temasek in 2020. The platform is valued at approximately ₹12,468 crores, after adjustments under […] Read more
ONGPL Completes 100% Acquisition Of Ayana Renewable Updated On Fri, Mar 28th, 2025 by Saurenergy ONGC NTPC Green Private Limited (ONGPL), a 50:50 Joint Venture Company of NTPC Green Energy Limited and ONGC Green Limited, has completed the acquisition of 100% equity stake in Ayana Renewable Power Private Limited on 27th March 2025, a media statement from the venture said today. Ayana, a renewable energy platform, has a capacity of […] Read more
Siemens Gamesa Wind Business In India, Sri Lanka Acquired By TPG, Others Updated On Wed, Mar 26th, 2025 by Saurenergy TPG, a leading global alternative asset management firm, and Siemens Gamesa, a wind power subsidiary of Siemens Energy and leading wind turbine manufacturer, have announced they have entered into an agreement, under which TPG will acquire a majority stake in Siemens Gamesa’s onshore wind turbine generator manufacturing business in India and Sri Lanka. The transaction […] Read more
Inverter Major Fimer’s Acquisition By Greybull Capital, Mclaren Applied Complete Updated On Thu, Jan 16th, 2025 by Saurenergy Following the assignment, in late November 2024, of the FIMER S.p.A. business complex, a leading Italian solar inverter designer and manufacturer, to MA Solar Italy Limited affiliated to the McLaren Applied Group, the acquisition procedure has been formally completed as planned. FIMER has been officially welcomed into the Greybull Capital and McLaren Applied family. The […] Read more
JSW Energy Ramps Up Green Portfolio With 4.69 GW Buy From O2 Power Updated On Mon, Dec 30th, 2024 by Saurenergy JSW Energy has announced that it has entered an agreement to acquire a 4,696 megawatt (MW) renewable energy platform from O2 Power Pooling Pte Ltd for Rs 12,468 crore (approximately USD 1.47 billion). O2 Power is a joint venture between EQT Infrastructure and Singapore’s sovereign wealth fund Temasek, founded by ex ReNew Power employees, Parag […] Read more
China’s TCL Zhonghuan-Maxeon Deal Targets Joint Cell Development Updated On Mon, Dec 16th, 2024 by Saurenergy Chinese solar manufacturer TCL Zhonghuan Renewable Energy Technology has announced that it will work with Singapore based Maxeon Solar technologies on developing new-generation interdigitated back contact solar cell technologies. IBC solar cells have been gaining market share in China, and have a share in double digits now, mostly at the expense of MonoPerc cells. They […] Read more
JSW Neo Energy Limited to Acquire Hetero Group RE Portfolio Updated On Mon, Oct 21st, 2024 by Saurenergy JSW Neo Energy Limited (JSWNEL), a wholly owned subsidiary of JSW Energy Limited, signed definitive agreements this week, to acquire three Special Purpose Vehicles (SPVs) from Hetero Labs Limited and Hetero Drugs Limited (Hetero Group). These SPVs collectively hold a cumulative wind energy generation capacity of 125 megawatts (MW). The transaction is subject to the […] Read more
eBikeGo’s Subsidiary Vajram Electric Acquires 40% Stake In Varcas Updated On Mon, Oct 14th, 2024 by Saurenergy eBikeGo’s subsidiary, Vajram Electric Ltd has acquired a 40% stake in Varcas Automobiles Pvt Ltd, an Electric Vehicle manufacturer based in Hyderabad. Varcas Automobiles Pvt Ltd has successfully delivered over 25,000 electric two-wheelers to date and generating a revenue of ₹110 crore. With the acquisition, Vajram Electric Ltd aims to capitalize on Varcas’ robust manufacturing […] Read more
Borosil Renewables, Clean Max in Deal For 16.50 MW Hybrid Power Updated On Thu, Sep 26th, 2024 by Saurenergy Borosil Renewables has now completed buying a 49 percent stake in Clean Max Prithvi Private Limited (CMPPL), a subsidiary of Clean Max. CMPPL was incorporated on March 14, 2023. The company has set out to construct and operate hybrid solar and wind power plants. CMPPL has not yet initiated its operations; however, its acquisition is […] Read more
