In Short : Radiance Renewables and Sunsure Energy have secured a total funding of ₹6.8 billion from NIIF Infrastructure Finance Limited. Radiance received ₹5.5 billion, while Sunsure obtained ₹1.3 billion. The funds will support expansion of commercial and industrial (C&I) clean energy projects, refinancing existing debt, and accelerating renewable energy adoption across key industrial and […]
Statcon Energiaa to Accelerate Clean Energy Expansion with Investment from Rotomag Enertec – EQ
In a move to accelerate its clean energy mission and global growth, Statcon Energiaa Private Limited (“Statcon Energiaa”) has secured an investment from Rotomag Enertec Limited, which now holds a majority stake in Statcon Energiaa. This investment marks a significant milestone in Statcon Energiaa’s journey, enabling them to scale their indigenously developed solutions. Statcon Energiaa […]
Promoter Equity Boost Powers Adani Green with ₹9,350 Crore for Clean Energy Expansion – EQ
In Short : Adani Green Energy has received a ₹9,350 crore capital boost as its promoter group converted warrants into equity shares. The final tranche of ₹2,675 crore was infused after converting the remaining 6.54 crore warrants. This move strengthens the company’s balance sheet, supports its ambitious renewable energy expansion plans, and reflects the promoter’s […]
Raminfo Secures ₹474 Crore Rooftop Solar Contract to Boost Clean Energy Expansion – EQ
In Short : Raminfo has secured a ₹474 crore contract to install rooftop solar systems, covering design, supply, installation, and commissioning. The turnkey project also includes long-term operation and maintenance services. This major win strengthens Raminfo’s position in the renewable energy sector, offering recurring revenue and advancing clean energy adoption across various establishments through sustainable […]
India’s Power Generation Sees 5.4% Growth in FY25, Driven by Rising Demand and Clean Energy Expansion – EQ
In Short : India’s power generation increased by 5.4% in FY25, driven by rising electricity demand across industries and households. The growth was fueled by higher consumption, expanding renewable energy capacity, and improved grid infrastructure. As energy needs continue to surge, the government’s focus remains on enhancing generation efficiency, boosting clean energy investments, and ensuring […]
NLC India to raise funds via IPO of arm for clean energy expansion: CMD – EQ
In Short : NLC India plans to raise funds through an IPO of its subsidiary to support clean energy expansion, according to the CMD. This initiative aims to bolster the company’s renewable energy projects and contribute to India’s sustainable energy goals. In Detail : In an interview to PTI here, the CMD said the PSU […]
TEP Targets Net Zero Carbon Emissions, Faster Clean Energy Expansion in New Resource Plan – EQ
In Short : Tucson Electric Power (TEP) is setting ambitious goals in its new resource plan, aiming to achieve net-zero carbon emissions and accelerate the expansion of clean energy. This initiative represents a significant step toward mitigating climate change and promoting sustainable practices in the energy sector. TEP’s commitment to reducing carbon emissions and transitioning […]
