India's renewable energy space to see growth in foreign investments

18 Aug 2021 CW Team

According to the sources, the merge and acquisition (M&A) platform of India in renewables, along with large developers, are looking towards foreign investment. The series of deals in India has boosted the worldwide M&A activity.

The minority stakes sale of Adani Group in Adani Green to Total Energies for $2.5 billion was the main reason for India outpacing the US and China in renewable energy M&A activity during the first half of 2021, as mentioned in the Bloomberg New Energy Finance (BNEF) report.

The managing partner of a renewable energy consultancy, Artha Energy Resources (AER), Animesh Damani, said that India has been on the view of foreign investors for quite some time, and the recent members are skewed due to the large Adani deal.

He also said that India would see sustained growth in foreign investment.

Hetal Gandhi, Director of Credit Rating Information Services of India Ltd (CRISIL) Research, said that the company is looking at the top 10 industries as they were ready to gain market share in the operational base with nearly 40% pie or 44 GW out of India's 100 GW to 110 GW by the financial year 2023.

As per the BNEF report, M&A allows investors to exit and redeploy capital on new opportunities. In the first half of 2021, corporate M&A and private equity buyouts in renewable energy stood at $22.4 billion, a growth of 25%, compared to the previous year's $17.9 billion globally.

Image Source

Also read: India urges US investors to invest in country’s energy sector

Infrastructure Urban

10 Apr 2026

Güntner Showcases Cooling Tech at China Expo

Güntner showcased its latest refrigeration and air conditioning innovations at China Refrigeration 2026, highlighting digital intelligence and carbon-neutral solutions.The company presented its aicore™ Controls and IoT platform, designed to optimise energy consumption, enable remote monitoring and enhance lifecycle management of cooling systems. The solution integrates advanced controllers and cloud-based capabilities to improve operational efficiency and reduce energy use.Güntner also demonstrated advancements in heat pump technologies, including its role in projects such as the Ordos Zer..

Superb Realty Ties Up with Praan for AI Air Tech

Superb Realty has partnered with Praan to deploy AI-powered autonomous air infrastructure across over one million sq ft of real estate in Mumbai, marking a significant move towards intelligent indoor environments.The rollout will begin at Superb Altura and expand across upcoming residential and mixed-use developments. The initiative aims to integrate real-time sensing, adaptive purification and AI-led optimisation to improve indoor air quality and occupant experience.Praan’s technology is designed to remove ultrafine particles significantly smaller than conventional systems and eliminate har..

DAAKit Raises $138,000 in Pre-Seed Round

DAAKit has raised $138,000 in a pre-seed funding round led by Inflection Point Ventures to expand its hyperlocal fulfilment network and strengthen technology capabilities.The company plans to use the funds to launch 25 new dark stores across Tier I and Tier II cities, enhance its technology infrastructure, and expand its leadership and operations teams. Currently operational in Delhi, Gurugram, Mumbai, Bengaluru and Kolkata, DAAKit is also piloting expansion into Tier II markets through Lucknow.Built on an asset-light, technology-driven model, the platform enables brands to position inventory ..