Philippines-based Aboitiz Power is in advanced talks to acquire a majority stake in Hyderabad-based renewable energy firm Fourth Partner Energy, according to sources. The proposed deal could be among the largest recent foreign acquisitions in India’s commercial and industrial (C&I) renewable segment. The transaction would allow early investors to partially exit. Current backers include TPG…
ACEN Corporation has consolidated full ownership of its renewable energy joint venture in India with UPC Renewables, gaining complete control of a 1,059 MWdc portfolio under construction and a development pipeline of nearly 7 GW. The move positions India as a core market in ACEN’s international growth strategy. Through its subsidiary, ACEN Renewables International Pte….
Grew Energy plans to invest up to Rs 100 billion in Madhya Pradesh, including a 3.0 gigawatt solar cell project in Narmadapuram district, according to The Economic Times. The announcement followed a meeting between Chief Minister Mohan Yadav and Grew Energy CEO Vinay Thadani during the Chief Minister’s official visit to Dubai. The solar cell…