The equal joint venture will focus on developing, financing, building, and operating utilityāscale solar projects, with a pipeline across Zambia, Zimbabwe, and the Democratic Republic of Congo. Inox Clean Energy Ltd has announced a major foray into the African renewable energy market through an equal joint venture with RJ Corp Ltd. Inox Clean Energy is...
Tag: Inox Clean Energy
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Inox Clean Energy Secures ā¹31 Billion Equity at ā¹500 Billion Valuation
Inox Clean intends to utilise the funds to expand capacity in both its IPP and solar manufacturing operations. Inox Clean Energy Ltd, an INOXGFL Group company, has announced that it, along with its subsidiary Inox Solar Ltd, has tied up equity totalling approximately ā¹31 billion. The equity round was closed at a pre-money valuation of...
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Inox Clean Energy Acquires 300 MWp SunSource Portfolio to Power Growth
Spread across 13 states, the portfolio runs via specialāpurpose vehicles, supplying power under longāterm contracts to highārated commercial and industrial customers. Inox Clean Energy Ltd announced on Monday that its renewables independent power producer (IPP) arm, Inox Neo Energies Ltd, has acquired approximately 250 MWp of operational solar projects from SunSource Energy. The INOXGFL group...