{"id":413804,"date":"2021-05-06T11:12:03","date_gmt":"2021-05-06T05:42:03","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=413804"},"modified":"2021-05-06T11:12:03","modified_gmt":"2021-05-06T05:42:03","slug":"netherlands-shv-buys-neevs-stake-in-sunsource-energy","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/netherlands-shv-buys-neevs-stake-in-sunsource-energy\/","title":{"rendered":"Netherland\u2019s SHV buys Neev\u2019s stake in SunSource Energy"},"content":{"rendered":"<p>Netherlands-based SHV Energy on Wednesday announced its entry into the Indian renewable energy space by acquiring 100% stake of Neev Fund \u2014 backed by SBI and the UK government \u2014 in SunSource Energy. Though the financial details of the deal were not disclosed, SHV Energy said it will ensure expansion of SunSource\u2019s solar portfolio by 500 mega-watt (MW) by 2023. Industry watchers said this will need investments of around Rs 2,000 crore.<\/p>\n<p>\u201cIndia is a key market for SHV Energy and this investment underpins our long-term commitment to the region and advancement of renewable energy solutions,\u201d Bram Gr\u00e4ber, CEO, SHV Energy said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Netherlands-based SHV Energy on Wednesday announced its entry into the Indian renewable energy space by acquiring 100% stake of Neev Fund \u2014 backed by SBI and the UK government \u2014 in SunSource Energy. Though the financial details of the deal were not disclosed, SHV Energy said it will ensure expansion of SunSource\u2019s solar portfolio by 500 mega-watt (MW) by 2023. Industry watchers said this will need investments of around Rs 2,000 crore. \u201cIndia is a key market for SHV Energy and this investment underpins our long-term commitment to the region and advancement of renewable energy solutions,\u201d Bram Gr\u00e4ber, CEO, SHV [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-413804","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/413804","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=413804"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/413804\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=413804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=413804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=413804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}