Majmudar & Partners advises Hareon Solar, one of China’s largest solar energy companies, on a joint venture to develop a solar project of 72 MW capacity in the State of Andhra Pradesh.
Majmudar & Partners represented Hareon Solar Technology Company Limited, one of China’s largest solar energy companies, in connection with a joint venture agreement with ReNew Power Ventures Private Limited, an independent Indian power producer, to develop a solar project of 72 MW capacity in the State of Andhra Pradesh, India. The deal was very complex and involved tricky Indian law issues. The deal size is confidential.
Headquartered in Jiangyin, Jiangsu Province, China, Hareon Solar is a solar pioneer, and stands as a leader in the solar power sector, being one of the fastest growing and largest photovoltaic manufacturing companies in the world. Renew Power is one of India’s largest clean energy companies.
Partner, Rukshad Davar led the team from Majmudar & Partners on this transaction.