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Resolven mobilizes $900 million, eyes fresh $219 million

New Delhi, Nov. 10 -- Swedish private equity firm EQT-backed renewable energy platform Resolven, carved out of Spanish company Zelestra's India business in February, has mobilized around $900 million ... Read More


India eyes solar cell exports as capacity surges: Pralhad Joshi

New Delhi, Nov. 10 -- India is looking to export solar cells as its rapidly rising manufacturing capacity of the product, which converts sunlight into electricity and assembled into solar panels, is s... Read More


Mint Explainer | What does Rs.14,500 crore push for 92 GWh of energy storage mean for India's green energy transition?

New Delhi, Nov. 10 -- The Union Cabinet last week approved a Rs.14,500 crore viability gap funding (VGF) scheme to set up 92 GWh of grid-scale energy storage capacity. The scheme aims to address the i... Read More


Gujarat Energy signs long-term pact with Adnoc to procure 4 million tonnes of LNG

New Delhi, Nov. 6 -- Gujarat Energy on Friday announced the signing of a long-term sales and purchase agreement (SPA) with Abu Dhabi National Oil Company (Adnoc) for procuring up to 4 million tonne li... Read More


Renewable energy industry seeks measures to boost domestic manufacturing

NEW DELHI, Nov. 5 -- India's renewable energy industry has urged the government to extend its domestic manufacturing push beyond solar modules and wind turbines to include battery energy storage syste... Read More


Renewable energy industry seeks wider ALMM framework to boost domestic manufacturing

NEW DELHI, Nov. 5 -- India's renewable energy industry has urged the government to extend its domestic manufacturing push beyond solar modules and wind turbines to include battery energy storage syste... Read More


Maharashtra state discom targets February 2027 IPO, aims to raise over Rs.10,000 crore

NEW DELHI, Nov. 5 -- Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) plans to file its draft prospectus by the first week of December and launch its initial public offering (IPO) by Februa... Read More


MSEDCL targets February 2027 IPO, aims to raise over Rs.10,000 crore

NEW DELHI, Nov. 5 -- Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) plans to file its draft prospectus by the first week of December and launch its initial public offering (IPO) by Februa... Read More


India draws $400 bn in preliminary renewable investment pledges

New Delhi, Nov. 4 -- Global and domestic investors and renewable energy companies have committed investments worth $400 billion in India's renewable energy space, minister for new and renewable energy... Read More


Oil slips after early surge as US-Iran tensions persist, Brent falls 3%

New Delhi, Nov. 3 -- Oil prices fell on Tuesday after an initial surge, with Brent crude dropping as much as 3% from the day's high, as markets weighed reports of fresh US strikes on Iran against sign... Read More