Gurgaon-based renewable energy company ReNew Power is set to list on Nasdaq on August 24, after RMG Acquisition Corp II’s shareholders agreed to the merger. RMG II is a blank cheque special purpose acquisition company (SPAC), through which ReNew is listing on New York’s stock exchange at a valuation of $8 billion. The funds raised […]

India’s renewable energy capacity, excluding large hydroelectric projects, hit 100 GW (gigawatts) on Thursday, making it the world’s fourth largest in terms of total installed green energy capacity. The milestone is commendable for the world’s third-largest polluter as it has been achieved in a short span of five years of prime minister Narendra Modi announcing […]