Adani To Acquire 5 GW India RE Portfolio From SB Energy

Masayoshi Son’s SoftBank Backed Indian Renewable Energy Platform SB Energy To Sell 5 GW Renewable Energy Portfolio, Comprising 4.18 GW Solar Capacity, To Adani Green Energy Limited For $3.5 Billion

Diversified business house Adani Group’s renewable energy arm, Adani Green Energy Limited (AGEL) will acquire close to 5 GW (4,954 MW precisely) renewable energy portfolio of SB Energy India for an enterprise value of approximately $3.5 billion, which it terms as the ‘largest’ acquisition in the renewable energy sector in India.

India PV News Snippets: Meghalaya, AGEL, NTPC, KPI Global

Meghalaya Issues EOI To Empanel RE Companies; AGEL Energized 925 MW RE Capacity In FY2021; NTPC Renewable Energy Signs PPA For 150 MW PV Project With GUVNL; KPI Global To Build 12.5 MW Solar Capacity For Anupam Rasayan

Meghalaya to empanel renewable energy firms: The Power Department of State Government of Meghalaya has launched an expression of interest (EOI) to empanel renewable energy EPC companies for hydro, solar, wind and biomass projects in the state.

India PV Snippets: MNRE, EGP, Tata, BHEL, Amplus, AGEL

Indian Solar Power Capacity Exceeds 40 GW; IFC May Back Enel Green Power’s 300 MW Project; CSC & Tata Power To Supply Solar Powered Microgrids & Water Pumps; BHEL Tender For Thin Layer Nano Coating Solution; Amplus Acquires Sterling & Wilson Rooftop PV Projects; AGEL Commissions 50 MW Facility

India installed over 1.46 GW RE in March 2021: The Ministry of New and Renewable Energy (MNRE) said India installed 1,463.31 MW of new renewable energy capacity in the month of March 2021, pushing the aggregate to 94.43 GW as on March 31, 2021.

India PV News Snippets: JICA, BHEL, SPDA, AGEL

JICA To Provide TCCL JPY 10 Billion Green Loan For RE, EV; BHEL Issues Solar Cells & Paste Tenders; SPDA Demands Postponing New Tenders Till PSA Backlog Is Cleared; AGEL To Acquire 75 MW PV From Sterling And Wilson

JICA signs JPY 10 billion loan agreement: The Japan International Cooperation Agency (JICA) has signed a loan agreement with Indian non-banking financial company (NBFC) Tata Cleantech Capital Limited (TCCL) to provide it green loan worth JPY 10 billion ($91.5 million).

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