India

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.

Independent power producer Azure Power has actually resorted to Ecoppia for robotic cleaning services for 400MW of solar PV.

Solar Power Corporation of India Ltd. (SECI) on Tuesday launched a tender to invite designers to bid on a contract for the building and construction as well as procedure of a 100-MW floating solar farm at Getalsud Dam in the eastern India state of Jharkhand.

Australia and India have actually agreed to collaborate on solar manufacturing and also release, aiming to lower the price of solar PV, battery energy storage systems (BESS) and brand-new clean modern technologies in both countries.

Indian utility Tata Power will aim to benefit from policy support from India's government as it sets up new cell as well as module manufacturing capacity in the country.

Indian state-run hydropower firm SJVN is intending to deploy 10GW of solar PV in Rajasthan over the next five years via a INR50,000 crore (US$ 6.7 billion) financial investment.