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MP: Inox Clean Energy Arm Acquires 50 MW Skypower Solar Project

INOXGFL Group’s renewable independent power producer arm, Inox Neo Energies Pvt Ltd, has completed the acquisition of Skypower Solar India Pvt Ltd. The acquired company has a portfolio comprising 50 MW (AC) / 57.5 MW (DC) of solar power assets located in Madhya Pradesh.  The transaction values the asset at an enterprise value of ~Rs […]

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Fibe Brings Rooftop Solar Financing To Spread Green Energy Access

Pune-based leading digital lending platform Fibe launched rooftop solar financing to bring green energy access across India. The company offers credit solutions for residential rooftop solar installations, and it plans to expand its presence in Tier 2 and Tier 3 cities.  Through this initiative, Fibe aims to support an ongoing goal to improve credit access for underserved segments. […]

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Nexwell Acquires 248 MWp Solar Assets from Q Energy

Nexwell Power, a Renewable energy investment platform, has acquired a 248 MWp solar portfolio from Q Energy, a spanish energy service provider and an affiliate of Berlin- based Hanwha Group. The portfolio includes a total of seven solar plants across Andalusia and Aragon, the regions in Spain. Out of these seven, four are under construction […]

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Puducherry: Evolve Energy Wins Rooftop Solar Project From PEB

Chennai-based Evolve Energy, a 360-degree solar energy solutions provider, has recently secured a contract to implement a 5 MW rooftop solar project across government buildings in Puducherry. The project was tendered by the Pondicherry Electricity Board (PEB) and facilitated by SECI (Solar Energy Corporation of India). As part of the project, Evolve Energy will deploy […]

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Rooftop Solar Adoption Spurred Energy-Conscious Behaviour: Report

A latest report jointly produced by the Uttar Pradesh Renewable Energy Development Agency (UPNEDA) and energy think tank Vasudha Foundation claimed that the adoption of rooftop solar in Varanasi led to boosting energy-conscious behaviour among the prosumers. The report took a deep dive to understand the socio-economic impact of the adoption of rooftop solar in […]

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Saatvik Green Energy Marks 10 Years In India’s Solar Sector

Indian solar module manufacturer Saatvik Green Energy Ltd (SGEL) on Wednesday marked its 10th anniversary, highlighting a decade of operations in the country’s clean energy sector. Founded on May 29, 2015, as Saatvik Green Energy Pvt Ltd, the company was incorporated under the Companies Act, 2013. It transitioned to a public limited company in September […]

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Deye Flaunts Energy Solution Innovations At InterSolar Europe

Global energy technology company Deye showcased its new generation of energy solutions at Intersolar Europe, one of the solar industry’s leading trade exhibitions, attracting strong interest from international partners. Over the three-day event, Deye presented a range of products, including its next-generation Power Conversion System (PCS), wireless energy management system, and energy storage solutions for […]

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Zelestra Energy Gets Financing for 237 MW Solar Projects In Spain

Spanish EPC and Renewable energy developer Zelestra has achieved financial close for a portfolio of six solar projects in Spain. The projects, adding upto 237 MW form the  Belinchón and Brazatortas clusters in Spain. A total of 21 power purchase agreements (PPAs) along with a debt package of €146.6m has been sanctioned for the construction […]

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Guj Solar Project: BluPine Energy Secures ₹376cr Financial Closure

BluPine Energy Private Limited, a renewable energy platform backed by Actis, today announced the successful financial closure of ₹376 crore in debt funding for its 100 MW solar power project in Tharad, Banaskantha district, Gujarat. The project, being developed under BluPine’s wholly owned subsidiary Solarcraft Power India 5 Pvt. Ltd., is part of the GUVNL […]

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