AP Moller in clean energy race, ArcelorMittal to add capacity

Global investors are pouring capital into India’s burgeoning clean energy sector. Danish firm AP Moller Capital is making its debut private equity investment, backing a new 900 MW renewable platform. Meanwhile, steel giant ArcelorMittal is investing $900 million to add 1 GW of solar, wind, and battery storage, powering its steel operations with greener energy.