In Short : Promoters of CleanMax, a leading renewable energy solutions provider, have raised ₹400 crore in a pre-IPO funding round. The capital infusion will support the company’s growth plans, debt reduction, and expansion of its clean energy portfolio. This strategic move strengthens CleanMax’s position ahead of its anticipated initial public offering (IPO). In Detail […]
2025’s Mega Solar Deals Signal New Era of Global Clean Energy Expansion – EQ
Kalpataru Projects Wins ₹989 Crore Power Transmission Contracts to Boost Grid Expansion – EQ
In Short : Kalpataru Projects has won ₹989 crore worth of power transmission orders, strengthening its role in India’s energy infrastructure sector. The contracts include high-voltage transmission lines and substations aimed at enhancing grid reliability and capacity. These projects will support regional power distribution, modernize the electricity network, and align with the nation’s broader goals […]
BII Secures CCI Approval to Back ReNew Photovoltaics’ ₹870 Crore Solar Manufacturing Expansion – EQ
In Short : British International Investment has received CCI approval to acquire a minority stake in ReNew Photovoltaics for around ₹870 crore. The investment will support the expansion of a 4 GW TOPCon solar cell facility in Dholera, Gujarat. Once complete, ReNew’s total capacity will reach 6.4 GW each for solar cells and modules, strengthening India’s domestic […]
Adani Commits $100 Billion to Accelerate Global Clean Energy Expansion – EQ
In Short : Adani Group plans to invest $100 billion over the next five years in its clean energy businesses. This will expand renewable capacity, accelerate green hydrogen and electrolyser manufacturing, and deploy solar, wind, and battery storage projects. The funding supports low-carbon power generation, domestic equipment production, energy storage, and strategic partnerships, aligning with […]
India Unveils 4 GW Offshore Wind Tender to Boost Clean Energy Expansion – EQ
In Short : The Indian government will launch tenders for 4 GW of offshore wind energy off Tamil Nadu’s coast, offering four 1 GW sea blocks under SECI. Developers will have full seabed lease rights and can sell power directly to consumers or via exchanges. This move aims to boost offshore wind capacity and support […]
Waaree Solar Powers U.S. Expansion with 599 MW Deal and Major Texas Plant Upgrade – EQ
In Short : Waaree Solar Americas has signed a 599 MW solar module supply agreement with a major U.S. power producer. To meet rising demand, it plans to expand its Texas manufacturing facility’s capacity to 3.2 GW. The move strengthens Waaree’s presence in the U.S. solar market and supports its long-term strategy of boosting local […]
Apollo Green Energy Reports Strong FY25 Results, Accelerates Expansion into Clean Tech Sectors – EQ
In Short : Apollo Green Energy reported a profit of ₹44.36 crore in FY25, up from ₹29.57 crore last year, with revenue reaching ₹726.16 crore. The board recommended a 15% dividend. With over 400 MW solar capacity, the company is expanding into green hydrogen, BESS, and EV infrastructure, aiming for a 1 GW EPC order […]
TotalEnergies Reaffirms Support for Adani Green’s Expansion in India – EQ
In Short : TotalEnergies has reaffirmed its commitment to supporting Adani Green Energy’s expansion in India. The French energy giant, which has invested around \$5 billion in India’s renewable sector, recently formed a joint venture with Adani Green to develop a 1,150 MW solar portfolio in Gujarat. TotalEnergies aims to grow its renewable capacity to […]
EKA Mobility Secures ₹200 Crore Investment from Enam Holdings to Boost EV Production and Expansion – EQ
In Short : EKA Mobility, a Pune-based electric vehicle manufacturer, has raised ₹200 crore from Enam Holdings to accelerate its growth. The funds will support the company’s plans to expand its electric bus and commercial vehicle production. EKA Mobility has already secured a ₹3,000 crore order for 1,500 electric buses and is expanding its manufacturing […]