Hybrid and storage-backed renewables are set to drive Rs.3.8 trillion in clean energy investments by FY2026-27, powering nearly 40 per cent of new capacity, according to Manish Gupta and Ankit Hakhu. Investment in India’s renewable energy sector is poised to increase at a compound annual growth rate (CAGR) of 55 per cent between this and...
Tag: Renewable Energy Sector
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Piramal Finance aid Rs 700 cr to ACME Solar
Piramal Enterprises through its subsidiary Piramal Finance Limited (PFL), sanctioned an additional Rs 700 crore to ACME Solar Holdings Ltd. The deal was made through Corporate Finance Group (“CFG”) of Piramal Finance Ltd by introducing a new product - a Flexi Line of Credit - for the renewable energy sector.
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CleanMax eyes 400 MW rooftop solar installed capacity in 2 years
Buoyed by the Centre´s increased focus on the renewable energy sector, solar solutions provider CleanMax Solar is looking to enhance its rooftop installed capacity by nearly eight-fold to about 400 MW in the next two years, a top company official said.
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In the next four years, India will be among the top three countries
In conversation with INFRASTRUCTURE TODAY, Hitesh Doshi, Chairman and Managing Director, Waaree Group, expresses optimism regarding the prospects of the renewable energy sector, particularly solar energy.