Sunstream Green Energy has secured Rs 7 billion (around Rs 700 crore) in refinancing from State Bank of India (SBI) for a solar portfolio exceeding 250 MW across 17 sites in Maharashtra. According to the company, the portfolio was developed over three years and achieved operational stabilisation before refinancing. The refinancing arrangement is expected to…
Andhra Pradesh Chief Minister N. Chandrababu Naidu on January 17, 2026, declared Kakinada as the Green Hydrogen Valley of India following the groundbreaking ceremony for a Rs 15,600 crore green ammonia project. The event marked the start of construction for what is being described as the world’s largest green ammonia complex. Chief Minister Naidu and…
AM Green BV (AMG) has signed definitive agreements to acquire a 17.5% equity stake in Greenko Energy Holdings from Japanese financial services group ORIX Corporation. The deal is expected to close in July 2025. Following the completion, AM Green and its promoter group will collectively hold a 25% stake in Greenko. The acquisition is part…
AM Green and the Port of Rotterdam Authority have signed a memorandum of understanding (MoU) to establish a green energy supply chain between India and Northwestern Europe via Rotterdam. The partnership will support trade in hydrogen-based fuels, including bunkering fuels and sustainable aviation fuels (SAF), and develop necessary terminal infrastructure along the route. Rotterdam is…
Coal India Limited (CIL) has signed a Memorandum of Understanding (MoU) with AM Green Ammonia (India) Private Limited to set up 4,500 MW of wind-solar hybrid power capacity in India. The agreement was signed on May 7, 2025. AM Green Ammonia is a wholly-owned subsidiary of AM Green Energy Private Limited. Under the partnership, CIL…
Shriram Finance Limited has introduced Shriram Green Finance, a dedicated vertical for funding sustainable projects beyond electric vehicles (EVs). The initiative will focus on financing EVs, battery charging stations, renewable energy products, energy-efficient machinery, and other green energy solutions. Shriram Green Finance aims to achieve an Asset Under Management (AUM) of Rs 50 billion within…
AM Green Ammonia India has entered into a binding power purchase agreement (PPA) with Gentari through its subsidiary, Gentari Renewables India Castor One. Under this long-term agreement, Gentari will supply 650 MW of round-the-clock (RTC), carbon-free energy to power AMG Ammonia’s upcoming green ammonia facilities. Gentari will develop approximately 2400 MWp of renewable energy capacity,…
AM Green has placed an order with John Cockerill for a 1.3 GW advanced pressurised alkaline electrolyser for its existing plant in Kakinada, Andhra Pradesh. This marks the largest electrolyser order in India to date. The project, set to begin production in the second half of 2026, will supply electrolysers in two phases of 640…
BASF and AM Green B.V. have signed a memorandum of understanding (MoU) to explore business opportunities for developing low-carbon chemicals produced exclusively with renewable energy. As part of the agreement, both companies plan to conduct feasibility studies in India, assessing potential technologies for low-carbon chemical production. The collaboration also includes a non-binding letter of intent…
Orient Green Power Company Limited has announced that its subsidiary, Gamma Green Power Private Limited, has completed a 9.9 MW wind energy capacity expansion in Tamil Nadu. The final procedural formalities for commissioning the last of three wind turbine generators (WTGs) are expected to conclude by the end of day on April 27, 2026. The…