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Petronas’ Indian arm buys 100 megawatts of assets – worth Rs 800 crore – from Acme Solar

Synopsis Acme, established in 2003 by Manoj Kumar Upadhyay, is one of the largest solar IPPs in India with a diversified portfolio of 5GW spread across multiple states and with a mix of central and state utilities. MUMBAI: Malaysia’s state-run oil and gas company, Petroliam Nasional Bhd (Petronas) has acquired about 100 MW solar assets […]

Industry Association Seeks PLI Scheme For Solar Thermal Manufacturing

Softbank-Bharti renewable JV looks to raise up to $750 million

SB Energy, the renewable energy arm of SoftBank, has mandated Bank of America Merrill Lynch and Barclays to help raise $500-$750 million in SBG Cleantech, it’s 80:20 joint venture with Bharti, multiple people aware of the development said SoftBank-backed renewable energy firm SBG Cleantech is set to reach out to financial and strategic investors to […]

Industry Association Seeks PLI Scheme For Solar Thermal Manufacturing