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Tata Power Stock Powers On In Renewable Pack On April 9

On a day when the markets corrected mildly, the renewable pack reflected markets sentiments, albeit with much more volatility. Heavyweight Tata Power was the standout, moving 3.39% during the day to Rs 430.40. Solar Pump leader Shakti Pumps, fresh from a successful QIP, was back in the green, moving up 2.3% to Rs 1474. All […]

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Dalmia Cement To Pick 18% Stake In Wind Power Firm O2 Renewable Energy Subsidiary

Indian cement manufacturer Dalmia Cement (Bharat) Limited (‘DCBL’) has announced it has entered into a Share Purchase Agreement (“SPA”), Deed of Accession (‘DOA’), and Power Purchase Agreement (‘PPA’) on April 5 to acquire 18.13% of the equity share capital of O2 Renewable Energy V Private Limited, consisting of 68,99,293 equity shares aggregating to Rs.7.80 crore […]

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JSW Renewable Energy Acquires 45 MW Maha Wind Farm From Reliance Power

JSW Renewable Energy, a subsidiary of JSW Neo Energy has acquired a 45 MW Vashpet wind project from Reliance Power in Maharashtra’s Sangli. The company announced the acquisition from Reliance Power and further said that the transaction has been executed as a going concern on a slump sale basis. JSW Energy aims to achieve 20 […]

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Hartek Group Appoints Sanjay Kumar As CEO for Power & Renewable Infra Business

EPC company Hartek Group announced the appointment of Sanjay Kumar as the new CEO for the Power and Renewable Infra Business. “With a distinguished career spanning various leadership roles in the renewable energy sector, Mr. Kumar brings a wealth of experience and a proven track record of success to his new role” stated the company […]

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Tata Power Solar Systems & Union Bank Renews Partnership For Residential Rooftop Solar

Tata Power Solar Systems Limited (TPSSL), a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL), has announced the renewal and expansion of its partnership with Union Bank of India (UBI) to offer financing solutions for Residential customers, in line with the PM Surya Ghar Muft Bijli Yojana as well as for Commercial and Industrial […]

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Jakson Green Signs Its First Renewable Power Pact With SECI

Jakson Green, a new energy transition company signed its first Power Purchase Agreement (PPA) with SECI for a utility-scale solar photovoltaic power project.  The PPA originated from SECI’s Tranche XI auction for setting up a grid-connected solar project in India conducted last year. Jakson will be responsible for identifying suitable land, installing the project, and acquiring […]

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SaurEnergy Explains- Reconductoring, A Solution For a Renewable Powered Grid?

The power sector, by most estimates, accounts for close to 40% of carbon emissions worldwide. That has made it the focal point of efforts to reduce emissions, seen mainly in the shift towards renewable energy, and linked to that, the electrification of more and more parts of the economy, as seen in the transportation sector. […]

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Renewable Power Capital Acquires 57MW Battery Storage Project In UK

United Kingdom-based Renewable Power Capital (RPC) has completed the acquisition of a 57MW ready-to-build battery storage project in the UK. With this deal, RPC adds its first shovel-ready storage project to its UK portfolio. According to the press release, the construction on the site is due to start imminently. Energisation is expected next summer (2025), […]

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