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TPG Rise Climate in talks to acquire Altus Power
TPG Rise Climate, the climate investment arm of TPG, is in discussions to acquire US-based solar developer Altus Power, according to Reuters sources. The deal, which could be formalized in the coming weeks, is not yet finalized, and there is still a possibility of no transaction occurring. Altus Power, a leading clean energy provider for…
BC Jindal signs PPA with SECI for 150 MW RTC renewable energy
BC Jindal Group has signed a power purchase agreement with SECI for 150 MW of RTC renewable energy at a tariff of Rs 5.07 per kWh. The capacity was awarded under SECI’s 1,200 MW RTC tender issued in November 2024. The agreement requires BC Jindal to set up ISTS-connected renewable projects that combine solar, wind,…
Delhi launches Rs 8 crore pilot to shift overhead wires underground
The Delhi government has launched a Rs 8.07 crore pilot project in Shalimar Bagh to replace overhead electricity wires with underground cables, The Hindu reported. The initiative is to improve safety and reduce visual clutter across the Capital. The project will remove 5 kilometres of high-tension (HT) and low-tension (LT) overhead wires. These will be…
Sunkind Energy partners with JA Solar to boost local manufacturing
Sunkind Energy Limited has signed a memorandum of understanding with JA Solar to strengthen its solar cell and module production capabilities in India. The partnership will support Sunkind’s planned 2.4 GW solar cell and 4 GW solar module manufacturing units. As part of the deal, Sunkind will leverage JA Solar’s technical know-how and global supply…
Odisha approves Rs 447.93 billion investments
The Odisha government has approved five industrial projects worth Rs 447.93 billion. This includes: Indian Strategic Petroleum Reserves Limited (Rs 87.43 billion) Project: Crude Oil Storage facilities Jobs: 5,130 Location: Jajpur Inox Solar Limited (Rs 40 billion) Project: Manufacturing facility of solar modules & photovoltaic cells Jobs: 3,400 Location: Dhenkanal ACME Cleantech Solutions Pvt. Ltd….
Kundan Green and Havells plan captive solar project in Rajasthan
Kundan Green Energy has entered a partnership with Havells India Limited to set up a captive solar project in Rajasthan through a special purpose vehicle (SPV) called Kundan Solar (Pali) Private Limited. The project involves an investment of Rs 725 million and will supply captive power to Havells. Kundan Green Energy and Havells will work…
