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Radiance Renewables raises $100 million equity from IFU and FMO
Radiance Renewables Private Limited has secured $100 million in equity investment from Impact Fund Denmark (IFU) and the Dutch entrepreneurial development bank FMO, with each institution committing $50 million. IFU’s investment has been made through the Danish SDG Investment Fund II, which is backed by five Danish pension funds. The company stated that the equity…
Telawne Power receives investment from Ramesh Jaisinghani and Mastermind JPIN
Telawne Power Equipments Pvt Ltd secured a Rs 200 million equity infusion to accelerate growth and technological innovation. The investment came from Ramesh Jaisinghani, Promoter of Polycab India Ltd, through his family office Vyom, and Mastermind JPIN. Both investors contributed Rs 100 million each. Managing Director Rakesh Telawne highlighted that this partnership strengthens the company’s…
Refex and Winvision to form JV to manufacture wind turbines in India
Chennai-based Refex Industries has formed a joint venture with Winvision Enterprises to establish Refex Green Energy Limited (RGEL), focused on wind energy solutions. Refex will hold a 75.5% stake in RGEL, while Winvision will own the remaining 24.5%. The JV aims to position RGEL as a comprehensive provider in the wind energy sector, covering manufacturing…
ArcelorMittal starts renewable power supply to Hazira steel plant
ArcelorMittal has begun delivering clean energy to AMNS India’s Hazira steel facility in Gujarat using its newly operational 1 GW wind-solar hybrid project in Andhra Pradesh. This renewable power now covers more than 20 per cent of the Hazira plant’s energy needs. The shift is projected to cut annual carbon emissions by 1.5 million tonnes….
KPI Green Energy energises 965 MWp of its 2.17 GWp IPP portfolio
KPI Green Energy Limited has energised an additional 376 megawatt-peak (MWp) of capacity across two Gujarat projects, taking its total operational Independent Power Producer (IPP) portfolio to 965 MWp, the company disclosed in a regulatory filing to stock exchanges on Monday. The latest addition comprises approximately 182 MWp of solar capacity under the Gujarat Urja…
Emmvee reports strong Q3, 9M FY26 growth, expands module capacity
Emmvee Photovoltaic Power Ltd. has announced its unaudited financial results for the third quarter and nine months of the financial year 2025-26 (FY26), reporting sharp year on year growth in revenue and profitability. The company also highlighted a major expansion in its solar manufacturing capacity during the period. The Board of Directors approved the standalone…
