independent power producer

  • Global | News

    Inox Clean, RJ Corp form JV for African renewables

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    Inox Clean Energy Limited, part of the INOXGFL Group, has formed an equal joint venture with RJ Corp Limited to enter the African renewable energy market, marking its first major international independent power producer initiative. The partnership has acquired Skypower Services MENA Limited and plans to commission about 570 MW of renewable energy capacity in the initial phase. The projects form part of a multi-GW development pipeline and are supported by sovereign-backed power purchase agreements….

  • News | Finance | India

    Waaree Forever incorporates new subsidiary

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    Waaree Forever Energies Private Limited, a wholly-owned unit of Waaree Energies Limited, has incorporated Waaree Forever Energies Three Private Limited.  The incorporation took place on September 24, 2025, and the certificate of incorporation was received on September 25, 2025. This follows earlier incorporations of three step-down subsidiaries this month. Waaree Forever Energies Four Private Limited and Waaree Forever Energies Five Private Limited were incorporated on September 10, with certificates received on September 11. Waaree Forever…

  • India | News

    Solar91 Cleantech secures BSE approval for Rs 1 billion SME IPO

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    Solar91 Cleantech has received approval from the Bombay Stock Exchange to proceed with its small medium enterprise (SME) initial public offering (IPO). The IPO will involve the issuance of up to 5.43 million equity shares, targeting a fundraising of Rs 1 billion.  The proceeds will be used to support Solar91 Cleantech’s transition into an independent power producer and to expand its turnkey engineering, procurement, and construction services for renewable energy projects across India.