🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
CPPIB, ADIA-backed ReNew Energy weighs Nasdaq delisting, India market debut
VCCircle
·
8m ago
Medial
Canada Pension Plan Investment Board (CPPIB), the largest shareholder of ReNew Energy Global Plc, is exploring the idea of taking the company private and listing it on stock exchanges in India. ReNew Energy, a green energy firm listed on Nasdaq, is considering the move to tap into the growing renewable energy market in India. This potential delisting and market debut in India could be a significant strategic move for ReNew Energy.
View Source
Related News
IFC may plug $250M into ReNew’s C&I arm, valuing it at $800 million
Economic Times
·
22d ago
Medial
An investor group led by the International Finance Corporation (IFC) plans to acquire a 30% stake in ReNew Power's commercial and industrial power generation unit for approximately $250 million. This investment values the unit at $800 million. ReNew Power provides renewable power to major customers such as Amazon and Microsoft. The deal is currently on hold as ReNew's management prioritizes delisting its parent company, ReNew Energy Global Plc, from Nasdaq.
View Source
Shell’s green play: Interest heats up for Sprng Energy's 1GW assets
Livemint
·
12m ago
Medial
Shell Plc is considering the sale of 1 GW of operational renewable energy assets from its Sprng Energy unit in India. The sale, which has an enterprise value of $1.1 billion, has attracted interest from global and domestic entities such as ArcelorMittal, Sembcorp Industries, CPPIB, and JSW Neo Energy. HSBC is overseeing the deal, following Shell's strategy to grow its renewables portfolio and accelerate the growth of its renewables portfolio while focusing on capital discipline. Other renewable energy companies in India, such as ReNew Energy Global, are also adopting capital recycling strategies to reinvest in new projects.
View Source
ReNew in talks with Singapore’s Sembcorp to sell 350 MW solar projects
Livemint
·
1y ago
Medial
NASDAQ-listed ReNew Energy Global is in discussions with Sembcorp Industries to sell 350 MW of solar energy projects in a deal worth around $241 million. This comes after a previous deal for 1.1 GW of solar and wind power assets fell through due to a valuation gap on the wind assets. The current proposed transaction only involves the sale of solar projects. ReNew aims to sell operational clean energy capacity to reinvest in new clean energy assets. Sembcorp aims to have 25 GW of installed capacity by 2028. India's power demand continues to rise, driving several deals in the renewable energy sector.
View Source
Nvidia-backed CoreWeave's shares open nearly 3% lower in market debut
Economic Times
·
4m ago
Medial
CoreWeave, an AI infrastructure firm backed by Nvidia, had its shares open nearly 3% below the initial public offering price in its Nasdaq market debut. Despite this slight dip, the company was valued at $22.7 billion on a fully diluted basis.
View Source
ReNew aims to double green energy portfolio to 20 GW by FY28
Livemint
·
1y ago
Medial
Decarbonisation firm ReNew Energy Global Plc aims to double its renewable energy portfolio to 20 GW within the next four years. In the last fiscal year, the company added 1.94 GW of green energy assets, pushing its total capacity to over 10 GW. ReNew plans to focus on round-the-clock renewable energy projects and prefers battery energy storage systems for grid-scale implementation. They have a joint venture with Fluence to offer energy storage solutions in India. ReNew operates 150 renewable energy sites across 10 Indian states and contributed 10% to India's total solar and wind energy production in the last fiscal year.
View Source
ReNew Energy to set up $2.57 bn solar-wind hybrid project
VCCircle
·
2m ago
Medial
ReNew Energy Global is investing $2.57 billion to develop a solar-wind hybrid project in Andhra Pradesh, India. The project will generate a total of 2.8 gigawatts (GW), comprising 1.8 GW from solar and 1 GW from wind energy, providing power during peak hours. As a major player in renewable energy, ReNew aims to support India's expanding clean energy requirements. The project aligns with India's goal to significantly increase non-fossil power capacity by 2030.
View Source
Expect renewable energy sector to see a turnaround: Hero Future Energies’ Srivatsan Iyer
VCCircle
·
1y ago
Medial
Hero Future Energies (HFE), a green energy company founded in 2012, is expecting a positive shift in the renewable energy sector. While HFE is currently smaller compared to competitors like Adani Green and Renew Power, the company believes that the sector will experience a turnaround. HFE is focused on expanding its presence and tapping into new opportunities in the renewable energy market in India.
View Source
Ether Machine, backed by crypto giants, set to raise over $1.6 billion in Nasdaq debut - The Economic Times
Economic Times
·
18d ago
Medial
The Ether Machine, backed by major crypto investors, plans to raise over $1.6 billion through a Nasdaq debut after merging with Dynamix Corporation. This venture will hold over 400,000 Ether, becoming a significant public vehicle for institutional Ethereum exposure. Amid growing interest in cryptocurrencies, this move underscores a trend towards integrating crypto assets into corporate balance sheets. The company will trade on Nasdaq under "ETHM" by late 2025, as institutional interest in Ethereum rises.
View Source
ReNew Energy's JV with Nasdaq-listed Fluence makes little headway
VCCircle
·
3m ago
Medial
ReNew Energy's joint venture with Fluence Energy, aimed at advancing energy storage solutions in India, has shown little progress since its inception, according to industry executives. Despite being established in January 2022 as a 50/50 partnership, the venture hasn't demonstrated significant developments. This lack of tangible movement has been observed by at least four industry insiders, suggesting that the collaboration has yet to make a noticeable impact in the Indian energy storage market.
View Source
Tata Power weighs listing Mubadala, BlackRock-backed green energy unit
VCCircle
·
3m ago
Medial
Tata Power Company Ltd is considering the public listing of its green energy arm, backed by Mubadala and BlackRock. This move aligns with the trend among Indian renewable energy companies that are either publicly listed or planning initial public offerings. The objective is to capitalize on the growing interest in renewable energy, with Tata Power taking steps in preparation for the potential IPO of its green energy unit.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in