Capital Dynamics Exits 108 MW Beacon II and V Solar Portfolio in California

Capital Dynamics, an independent global private asset management firm, completed the sale of a majority interest in its Beacon portfolio to TortoiseEcofin and S&B USA Energy. Each buyer has acquired a 49.5% ownership of the portfolio. Capital Dynamics retains a minority stake of 1%. The 107.8 megawatt (MWdc) Beacon portfolio consists of two projects: Beacon II (59.6 […]

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SunEdison Investing Rs 2.12 Cr for Majority Stake in two RE Firms

SunEdison Infrastructure Limited has announced that its Board has approved the majority acquisition of two RE firms. Chennai-based renewable energy company SunEdison Infrastructure Limited (SIL, formerly YKM Industries Limited) has announced that its Board has considered and approved the majority acquisition of Megamic Electronics Private Limited and Enrecover Energy Solutions Private Limited. SunEdison, which is into […]

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Greenko Agrees to Buy Orange Renewables for $1 Billion

The acquisition would mean Greenko standing at par with ReNew Power in terms of the total operating capacity of nearly 4.3 GW. It will surpass the Tata Power who has generated the total of 2 GW from renewable energy so far. With the acquisition of solar and wind portfolio of Orange Renewables for $1 billion, […]

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Enphase Energy Hires Ramesh SubbaRao as GM Commercial Operations India

He will oversee the company’s commercial operations in the India region, with a focus on the country’s dominant commercial and industrial (C&I) segment. Solar microinverters provider Enphase Energy has appointed Ramesh SubbaRao as Vice President and General Manager, India Commercial Operations. He will oversee the company’s commercial operations in the India region, with a focus […]

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Adani Group in the List of World’s Top 15 Utility Solar Power Developers

Adani, positioned twelfth, is the main Indian organization on the rundown put out by Greentech Media, a Wood Mackenzie business. Adani Group has been named in the main 15 worldwide utility sun based power designers that incorporate preferences of First Solar, Total, SunEdison and Engie. Adani, positioned twelfth, is the main Indian organization on the […]

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GCL-Poly Energy to Launch New Range of Products after Successful Acquisition

GCL-Poly Energy Holdings Ltd released first-quarter production and sales figures, including a 10.6% rise in wafer sales, and said it is soon launching new products with “higher quality and better price”. The company lately said the new products will be rolled out in the current quarter. It has completed the purchase of assets of SunEdison […]

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Amplus plans to Acquire Solar Power Firm Kiran Energy

Amplus Energy, through investor I Squared Capital, plans to acquire Solar Power Firm Kiran Energy Amplus Energy Solutions Pvt. Ltd, which has offered to sell solar power at a record-low tariff, has evinced interest in acquiring Kiran Energy Solar Power Pvt. Ltd, as reported on Mint. Amplus, backed by US private equity (PE) firm I […]

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India secures payment for 500MW SunEdison Solar Project

State-owned Solar Energy Corp. of India said the government received fees needed for a 500-megawatt solar park, won by bankrupt renewable-energy developer SunEdison Inc., to go ahead. Solar-park charges of 2 billion rupees ($30 million) along with signed implementation agreements have been received, SECI Managing Director Ashvini Kumar said in an interview. SunEdison Energy India […]

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