Waaree Energies has incorporated a wholly-owned subsidiary in Australia by the name of Waaree Renewable Energies Australia PTY Limited. This subsidiary will focus on renewable energy business in Australia.
Mahindra & Mahindra has incorporated Target Hybren as a wholly owned subsidiary of Mahindra Susten to carry out business in the field of renewable energy.
Target Hybren has been incorporated for production and sale of power under independent power producer (IPP) mode, and distributed energy including rooftop solar installation for commercial, industrial, institutional and residential segment, through various renewable energy sources and energy storage systems, etc, said the company.
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