Europe’s leading renewable energy producer, Statkraft, has recently made a significant deal to sell a portion of its renewable energy assets in India to Serentica Renewables. This move showcases Statkraft’s focus on streamlining its operations and marks a strategic shift in its business strategy. The deal involves the transfer of a substantial portion of its renewable energy portfolio in India, highlighting the growing importance of the Indian renewable energy market. This agreement is expected to have a notable impact on both companies involved and underscores the increasing investments and transactions taking place in the renewable energy sector.