Syngene has announced the acquisition of 26% stake in Ampyr Renewable Energy Resources Eleven
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Syngene, an integrated innovation & research, and manufacturing services company has announced to acquire up to 26% equity stake in Ampyr Renewable Energy Resources Eleven, which is working on power generation from renewable power stations. The firm will develop a 50 MW solar power plant in India. Recently, in June 2022, Biocon Limited acquired 26% share in Ampyr for USD 0.9 million.
Grid-scale renewable energy is a relatively young technology area that has rapidly grown with an increasing global demand for more energy from sources that reduce the planet’s contribution to greenhouse gas emissions. Solar, offshore & onshore wind energy harvesting and battery energy storage for storage and utilization of stored power when required is a high area of focus for industry majors
#Gridscalestorage #Energystorage #Solar #Windenergy #Onshorewind #Offshorewind #Renewableenergy #Batterystorage #Lithiumionbattery #Electricalenergystorage #Renewablepower #Renewables #Syngene #India #Ampyr #Biocon?
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