TAG: "acquisition"

News

GridStor Acquires Battery Storage Project in Oklahoma from BMES

GridStor announced that it has acquired a battery storage project in Oklahoma, totaling 200 MW / 800 MWh to be developed in two phases, from Black Mountain Energy Storage (BMES).

Acquisition | January 20, 2025 | By News Bureau | 464

Reliance Industries Acquires its Step-down Subsidiary to Focus on Energy Storage Manufacturing

Reliance Industries Ltd. announced its Board's approval to acquire a 100 percent equity stake in Reliance New Energy Battery Ltd. from Reliance New Energy Ltd. for INR 1 lakh, aiming to develop advanced energy storage manufacturing capabilities.

Acquisition | January 17, 2025 | By Mrinmoy Dey | 631

FIMER Officially Acquired by MA Solar Italy, Joins McLaren Applied Group

FIMER S.p.A. business complex, a 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.

Acquisition | January 16, 2025 | By News Bureau | 267

JSW Neo Energy Acquires 125 MW RE Assets from Hetero Group for INR 630 Crore

JSW Neo Energy has completed the acquisition of 125 MW of renewable energy assets comprising wind projects located in Andhra Pradesh and Maharashtra from Hetero Labs and Hetero Drugs for INR 630 crore, expanding its clean energy portfolio.

Acquisition | January 13, 2025 | By Mrinmoy Dey | 488

CCI Approves Acquisition of 21 SPVs by Gentari Renewables India

The Competition Commission of India (CCI) has approved Gentari Renewables India Pte. Ltd.'s acquisition of 21 SPVs and holding companies operating renewable power plants in wind and solar energy.

Acquisition | January 08, 2025 | By Mrinmoy Dey | 355

Bharti Airtel to Acquire 26 Percent Stake in AMP Energy Green Three

Bharti Airtel acquired a 26 percent stake in AMP Energy Green Three for INR 37.89 crore to secure renewable energy from a 50 MW hybrid plant in Rajasthan. The move aligns with captive power regulations and supports Airtel’s green energy goals.

Acquisition | January 03, 2025 | By EI News Network | 659

Refex Renewables Enters CBG Segment with Acquisition of Vyzag Bio-Energy

Refex Renewables' subsidiary Refex Sustainability Solutions Ltd. has acquired a 51.03% stake in compressed biogas manufacturer Vyzag Bio-Energy Fuel, marking its entry into the CBG segment.

Acquisition | December 30, 2024 | By Mrinmoy Dey | 499

JSW Neo Energy to Acquire 4696 MW RE Platform from O2 Power

JSW Neo Energy Ltd., a subsidiary of JSW Energy Ltd., has signed a definitive agreement to acquire O2 Power’s 4,696 MW renewable energy platform for INR 12,468 crore, marking JSW Energy’s largest acquisition to date and boosting its capacity by 23 percent to 24,708 MW.

Acquisition | December 30, 2024 | By Mrinmoy Dey | 693

Emeren Group Announces Sale of its 2.8 MWdc Solar Project to Altus Power

This transaction underscores Emeren's commitment to advancing clean energy solutions and its active role in supporting renewable energy goals nationwide.

Acquisition | December 21, 2024 | By News Bureau | 718

POWERGRID Acquires 2 Transmission Projects in Rajasthan for INR 36.94 Crore

Power Grid Corporation of India has acquired to transmission project SPVs to evacuate 6 GW of renewable energy from Rajasthan REZ Ph-IV (Part-3) [Bikaner complex] at a combined value of INR 36.94 crore from REC Power Development and Consultancy Ltd. (RECPDCL).

Acquisition | November 12, 2024 | By Mrinmoy Dey | 848