Norfund, KLP purchase 420MW solar project in India
Norwegian investment fund Norfund and Norwegian pension firm KLP have actually accepted take a 49% stake in a 420MW solar PV plant in India established by Enel.
Aug 25, 2022 // Markets & Finance News, India, Asia, Solar Project, norfund, KLP
ReNew Energy safeguards $1bn for India hybrid project
Rabobank-led consortium's debt package will be used to fund 1.3 GW of battery-enabled wind and solar
Aug 22, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, India, Asia, rabobank, onshore wind, RENEW GLOBAL ENERGY
Vikram Solar gets nod for USD-188m IPO in India
Indian photovoltaic or pv (PV) module maker Vikram Solar Ltd has actually received regulative clearance to go public via an approximately INR-15-billion (USD 188.3 m/EUR 185.4 m) initial public offering (IPO) in the house.
Aug 18, 2022 // Markets & Finance News, India, Asia, Vikram Solar
REC Solar introduces major recruitment drive in India as it increases HJT capacity growth
Module manufacturer REC Solar, in cooperation with its parent company Reliance Industries, has actually ramped up recruitment of staff for its India solar factory that is presently unfinished.
Aug 15, 2022 // Manufacturing News, India, Asia, heterojunction, REC Group, Singapore, module manufacturing, HJT, Reliance Industries
Jinchen to supply Waaree with 2.5 GW module production line, takes total supplied to 10GW
China-based PV module assembly devices expert Yingkou Jinchen Machinery has struck another agreement with Indian module manufacturer Waaree, this time around to supply it with a 2.5 GW high-efficiency module production line in a continuation of the firms' service relationship.
Aug 15, 2022 // Manufacturing News, India, Asia, waaree, jinchen, module production, assembly line
Rays Power Commissions 150 MW Solar Plant In Karnataka
Rays Power declares that this project will about generate 2,40,000 MW of green energy per year & the entire project has actually been performed by Rays Power Infra's in-house EPC group within the scheduled amount of time with zero near misses as well as fatalities.
Aug 10, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, India, tender, Asia, Renewable Energy, karnataka, Solar Project, solar projects, Solar Park, green energy, Rajasthan Government, Rays Power Infra, Raichur and Koppal
Tata Power subsidiary commissions 225MW hybrid project in Rajasthan, 25-year PPA signed
Tata Power subsidiary Tata Power Green Energy has actually commissioned a 225MW hybrid wind as well as solar project in the Indian solar hotbed state of Rajasthan.
Aug 4, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, India, pv power plants, hybrid, Asia, Rajasthan, tata power, tata, Discoms, hybrid projects, tata green power energy
India to add 20GW of solar PV in FY2023
India set up more than 12GW of solar PV in the fiscal year 2022 (FY2022) yet this is expected to soar to more than 20GW in FY2023 as the nation aims to accelerate its solar implementation, according to JMK Research.
Aug 2, 2022 // Markets & Finance News, UTILITY-SCALE SOLAR, India, pv power plants, Asia, rooftop solar, modules, basic customs duty, JMK Research, india solar
Omkareshwar Floating Solar: RUMSL Invites Bids for Phase 2 of 300 MW
The beginning of the process for the 2nd part of the 600 MW floating solar plan on the Omkareshwar reservoir portends well for the development of this lengthy planned floating solar project. Earlier LOA's for phase 1, for 300 MW were awarded to AMP energy, NHDC, and SJVN.
Jul 25, 2022 // Plants, Large-Scale, Commercial, Floating PV, PPA, India, SECI, Asia, Madhya Pradesh, RUMSL, omkareshwar reservoir, Floating Solar Power Project, Madhya Pradesh Urja Vikas Nigam, MPPMCL, Rewa Ultra Mega Solar
Azure Power cuts ribbon of Assam state's biggest solar park
Indian solar designer as well as power producer Azure Power Global Ltd (NYSE: AZRE) has actually officially opened what it says is the biggest solar photovoltaic (PV) park in the northeastern state of Assam.
Jul 22, 2022 // Plants, Large-Scale, Commercial, India, Asia, Azure Power, Solar Park
Indian federal government set to axe e-reverse auctions for renewables projects
India's federal government will certainly quit the digital reverse auctions of renewables projects in the nation amid fears it is leading to "unhealthy competitors".
Jul 19, 2022 // Policy, India, pv power plants, auctions, Asia, mnre, renewable auctions, bidding, electronic auctions, reverse auctions
Applying perovskite solar cells onto BIPV steel items
Swansea University will certainly work together with Indian multinational Tata Steel to check out perovskite solar cell products that could be used directly onto covered steel to make building-integrated PV components. The partnership will certainly contribute to an "active buildings" project that the Welsh university has been competing numerous years.
Jul 15, 2022 // BIPV, Technology, bipv, India, solar cells, Asia, Building-integrated photovoltaics, Swansea University, Tata Steel
India's Tata Power wins 600-MW wind-solar hybrid in Karnataka
A subsidiary of India's Tata Power Co Ltd (BOM:500400) has gotten a letter of award from Solar Energy Corporation of India (SECI) to build a 600-MW wind-and-solar plant in the state of Karnataka.
Jul 14, 2022 // Markets & Finance News, India, Asia, tata power, wind-solar hybrid
India Says on the right track to Be a Solar and Green Hydrogen Powerhouse
Nation is currently most appealing market for renewables: minister Present rise in coal imports ought to not proceed indefinitely
Jul 12, 2022 // Markets & Finance News, India, Asia, green hydrogen
Blume Ventures Invests $2.5 Million in Solar Funding Platform Aerem
Mumbai-based solar funding platform, Aerem has elevated $2.5 Million in financing in a pre-series round from New Delhi-based capital firm, Blume Ventures. Aerem said it is making every effort to get to 20 million industrial MSMEs. The firm estimated that the marketplace capacity for MSME alone is over $200 billion.
Jul 12, 2022 // Markets & Finance News, India, Asia, finance, funding, Renewable Energy, green energy, Aerem, Blume Ventures