India

Finnish utility Fortum has secured a deal to unload two solar projects in India totalling 500MW of capability to private equity firm Actis.

Global Power Synergy, the power device of Thailand's state-owned oil and gas group PTT, will certainly spend 20 billion baht matching to USD 635 million, in renewable energy properties across Asia consisting of India as well as China.

One of the biggest solar power developers in India, ACME Solar Holdings Ltd. has actually revealed authorizing a take care of Brookfield Renewable, an owner and also operator of renewable assets, for a 450 MW solar energy project in Rajasthan, India.

A 250-MW photovoltaic or pv (PV) project created by Acme Solar in the Indian state of Rajasthan will obtain the financial backing of Danish state-owned fund IFU as well as UNOPS, a United Nations (UN) organisation.

EQT framework has actually announced a takeover bid for Solarpack, which possesses around 450MW of functional solar PV projects.

Leading global inverter solution supplier, Sungrow has today announced its partnership with United Computer Center (UCC) to enhance the business's circulation networks for commercial & commercial, property inverters in Bangladesh.

Azure Power Global saw its price of deploying solar fall by almost 19% last year, however the company still recorded a net loss of US$ 38.1 million in the quarter finishing 31 March 2021 regardless of a year-on-year boost in earnings.

West Bengal obtained the very first of what its hopes will be several floating solar plants, with the appointing of the 5.4 MW Sagardighi plant by Ciel et Terre. PSU Engineering significant Bharat Heavy Electricals Limited (BHEL) was the EPC companion for the project.

Kolkata based food and dairy products major, Keventer Agro, which retails costs dairy items, reports a strong performance from its roof solar plant, among the largest in East India.

Norway headquartered sustainable power manufacturer as well as distributor, Scatec has today introduced its collaboration with an Indian solar programmer ACME, to establish a 900 MW solar power plant in Rajasthan, India.

Enphase Energy, one of the very early leaders and expert in microinverter-based solar-plus-storage systems, has released its Enphase Installer Network (EIN), currently being increased right into India. Enphase has remained in the news recently for a string of partnerships in the room, both with storage companies and module firms.

Tata Power Solar, India's largest incorporated solar firm as well as a wholly-owned subsidiary of Tata Power, has actually gotten "Letter of Award" (LoA) to build 210 MWp of Solar PV projects for NTPC. The overall order value of the projects is around Rs 686 crore. The commissioning date has been established for November, 2022.

The firm earned an internet earnings of 35.3 million in Q4 FY 2020-21

India set up 2,056 MW of solar ability in the first quarter of 2021, up by 37% quarter-on-quarter and 88% year-on-year, as designers finalised projects postponed last year.

Japan's Marubeni Corporation (TYO:8002) has signed a memorandum of understanding (MoU) with state-owned Electricity Generation Company of Bangladesh Ltd (EGCB) for the joint development of a 100-MW solar project in the nation.