wind farm

With $2.5 billion of M&As in 2018, India’s renewables sector is set for a leap

1 month ago admin2 Comments Off on With $2.5 billion of M&As in 2018, India’s renewables sector is set for a leap
In just the first half of the year, India’s booming renewable energy sector has seen merger and acquisition (M&A) deals worth over $2.5 billion (around Rs16,631 crore). In April, ReNew Power, India’s largest renewable energy company, acquired New Delhi-based Ostro Energy for around $1.5 billion, what has been the biggest such deal in the country Read More

With the right moves, India’s renewables push could lift thousands of rural workers out of poverty

8 months ago admin2 Comments Off on With the right moves, India’s renewables push could lift thousands of rural workers out of poverty
India’s major renewable energy push could be as much about poverty reduction and job creation as it is about energy security and climate change. The Narendra Modi government aims to install 175 gigawatts (GW, 1 GW = 1,000 megawatts) of renewable energy capacity in the country by 2022—and this is expected to create over 330,000 Read More