In Short : Adani Green Energy has received a credit rating upgrade to ‘AA’ with a Stable outlook, backed by strong growth and improved financial stability. The company’s expanding renewable portfolio in solar and wind, along with consistent cash flows, has strengthened investor confidence. The upgrade reflects Adani Green’s pivotal role in India’s clean energy […]
Inox Green expands renewable portfolio with 639 MWp solar O&M deal – EQ
In Short : Inox Green Energy has entered the solar operations and maintenance (O\&M) sector by securing a 675 MWp contract across several Indian states. This marks its diversification beyond wind energy. The move aligns with parent company INOXGFL Group’s broader solar ambitions and enhances Inox Green’s position as a comprehensive renewable energy service provider […]
Blackstone Joins Competitive Bid to Acquire Statkraft’s 2 GW Renewable Portfolio in India – EQ
In Short : Blackstone has submitted a $1.5 billion non-binding offer to acquire Statkraft’s India renewable energy portfolio, marking its potential entry into the sector. The 2 GW portfolio includes wind, solar, and hydro assets. Competing bidders include KKR-backed Serentica, Sembcorp, and BlackRock. Statkraft aims to exit India to refocus on core markets like Europe […]
ONGC Green Strengthens Renewable Portfolio with ₹1,179 Crore Acquisition of PTC Energy – EQ
In Short : ONGC Green Limited, a subsidiary of ONGC, has acquired PTC Energy Limited for ₹1,179 crore. The acquisition includes PTC Energy’s 288.8 MW renewable energy assets, primarily wind power projects. This strategic move strengthens ONGC’s green energy portfolio, aligning with its plans to expand in the renewable sector and support India’s clean energy […]
ONGC transforming into a low-carbon energy player in a big way: to scale up renewable portfolio to 10 GW by 2030 – EQ Mag
Energy Maharatna has crafted a robust roadmap to scale up its low-carbon energy portfolio significantly . In line with the Hon’ble PM’s vision on renewables, which was spelt out in his Independence Day speech on 15 August 2023, ONGC has aligned itself with India’s ambitious goals and is wholeheartedly contributing to the nation’s aim to […]
Adani Green’s operating renewable portfolio reaches record level of 8,024 MW – EQ Mag
Adani Green Energy on Thursday said its 700-MW hybrid green energy project has become operational, which took its total operating renewable portfolio to 8,024 MW, the largest in India Adani Green Energy on Thursday said its 700-MW hybrid green energy project has become operational, which took its total operating renewable portfolio to 8,024 MW, the […]
NV Energy Lauds Increase In Nevada’s Renewable Portfolio Standard
Company Endorsed Increase in 2018 LAS VEGAS: NV Energy joined Governor Steve Sisolak, Senator Chris Brooks and other supporters, as the Governor signed into law Senate Bill 358, which increases Nevada’s renewable portfolio standard to 50 percent by 2030. “NV Energy has been vocal about our aspirational goal of providing our customers with 100 percent […]
