India

ThomasLloyd Energy Impact Trust Plc (LON: TLEI) has actually received clearance from the Indian government to get a 43% stake in SolarArise India Projects Pvt Ltd for USD 34.6 million (EUR 31.5 m).

First announced last year, these projects are finally all set to continue to the building and construction phase. With a tension on floating solar, these projects will contribute to the fast building portfolio of floating solar projects in India.

Ayana Renewable Power and also Maxeon Solar Technologies reach commercial procedures at the Bikaner 1 project

Chinese inverter maker Sungrow has actually inaugurated a 7GW growth to its solar inverter factory in India, taking the center's production capacity to 10GW.

The state federal government has actually started 2 solar ferries at Peruvannamuzhi storage tank to promote Sun Cruise culture.

Group chairman said the green bond issue in India's capital markets drew in 'overwhelming interest'

India added more than 10GW of solar PV in 2021 as the country hit a cumulative set up solar capacity of 49GW by the end of the year, according to research company Mercom India Research's latest update on India's solar market.

Azure Power exceeded the upper end of its profits assistance for its Q3 fiscal year thanks to the enhancement of brand-new renewables projects.

SJVN has actually nabbed the full priced estimate capacity of 15 MW on 'build own and also run' basis via e-Reverse Auction held by Solar Energy Corporation of India, the company claimed.

Indian independent power manufacturer (IPP) ReNew Power posted a 25.6% jump in revenue for the initial nine months of the fiscal year 2022 (FY22) compared to the very same duration in the 2021 fiscal year, while its net losses soared as a result of its August IPO on the NASDAQ.

Virescent Renewable Energy Trust (VRET), an Indian renewable energy platform backed by global investment company KKR & Co Inc (NYSE: KKR), has accepted get a green energy subsidiary of compatriot Godawari Power as well as Ispat Ltd (BOM: 532734).

Blade Battery exhibits both fast and slow charging functions The technology effectively passes the nail penetration test Maximized battery pack structure: space utilization increased by over 50 percent

This rates of interest of 7.2% is dealt with for 42 months as well as it's the most affordable in terms of rupee financing for Azure Power's existing portfolio until now. It has been learnt that for this refinancing facility, L&T Finance Limited has actually served as the sole expert.

REC Power Development and Consultancy Limited (RECPDCL), a wholly-owned subsidiary of REC Ltd., has invited on the internet bids for the option of technical consultant that would certainly offer consultancy services for a floating solar project situated in New Delhi. The last day for the entry of e-bids is February 25, 2022, till 3 PM.

India's Production Linked Incentive (PLI) plan is expected to add up to 40GW of added cell and also module production capacity in the nation as it runs in tandem with the country's upcoming Basic Customs Duty (BCD), according to Indian rating agency ICRA, a Moody's Investors Service firm.