In Short : ReNew Energy Global Plc has received a final non-binding takeover offer from a consortium including Masdar, CPP Investments, ADIA’s Platinum Hawk, and founder Sumant Sinha. The proposal values all outstanding shares at $8.15 each, representing a 15.3% increase over the initial bid. ReNew’s board has formed a committee to review the offer […]
Solis – 15 Years On
2020 might be a year most firms would like to forget, but for Ginlong Solis, the global inverter manufacturer, the year remains a key milestone on the firm’s journey to an ever-growing role in the global solar market. Yiming Wang | Founder | Ginlong (Solis) This year marks the firms 15th year of operations, a […]
ZunRoof raises USD 1.2 million
Rooftop solar solutions provider ZunRoof has raised USD 1.2 million (around Rs 8 crore) from Godrej family office to fund expansion plans and strengthen product portfolio. ZunRoof said the funding comes at an integral time for the company, which is working towards fulfilling the government’s target of achieving 40 GW of rooftop solar by 2022. […]
Budget Reaction – Mr Tulsi Tanti, Founder, Chairman and Managing Director, Suzlon Group
The interim budget is pro-growth and provides a massive boost to propel domestic consumption through a) Income Tax sops for nearly 30 million income taxpayers b) Improved financial health of 120 million marginal farmers. The budget also gave a boost to ‘Make In India’ by focusing on manufacturing and enhancing infrastructure and rural connectivity. It is aligned to […]