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KKR gets Indian solar profile in US$ 200 million offer
concerned loomed. The bargain notes KKR's 2nd financial investment in India under its framework technique in Asia, targeting properties in the transport,
Apr 27, 2020 // Markets & Finance News, India, pv power plants, Asia, investment, secondary market, KKR, sp infra, shapoorji pallonji
$35mn Boost for ISA Global Solar Facility
and geographies, would receive a capital contribution of $35 million dollars. India is considering a $25 million investment in addition to $10 million from ISA,
Nov 1, 2023 // Markets & Finance News, ISA, GSF, The International Solar Alliance, Global Solar Facility
Enel joins the Indian solar gold rush
British fossil fuel titan BP having dedicated to invest in Indian renewables, an additional signal the country's solar market is ready to attract huge
Jul 9, 2020 // Markets & Finance News, Italy, India, Enel, SECI, tender, Europe, Asia, Antonio Cammisecra, Solarpack, Norway
Odisha’s ₹20,500-crore clean-industry cluster takes shape at Gopalpur SEZ
it matters Green-ammonia scale-up: Hygenco’s plant will be India’s largest electro-chemical ammonia unit when built. Phase 1 will deliver
Jun 10, 2025 // Plants, Large-Scale, Commercial, India, Asia
IndiGrid Acquires 100 MW Solar Assets of FRV in Rs 660 Crore Deal
India Grid Trust (IndiGrid) has actually announced in a governing declaring that it has actually gotten the 100 MW Indian solar portfolio of Madrid-based designer Fotowatio Renewable Ventures (FRV), in an offer worth Rs 660 crore. The KKR-owned Infrastructure Investment Trust (InvIT) has actually revealed that it has authorized a safety and securities purchase agreement for the procurement of 100 percent shareholdings in 2 SPVs-- FRV Andhra Pradesh Solar Farm-I & FRV India Solar Park II-- from FRV Solar Holdings. As per the release, FRV I was integrated on July 14, 2016, and operates a 50 MW (AC) solar energy plant in Ananthapuramu Solar Park in the state of Andhra Pradesh. FRV I had actually become part of PPA with SECI on October 5, 2016, for a period of 25 years. The possession was commissioned in July 2018. Likewise, FRV II was included on July 09, 2016, and also operates another 50 MW (AC) solar power plant in the Ananthapuramu Solar Park. This SPV had also become part of PPA with SECI on October 5, 2016, for tone of 25 years. This property, nevertheless, was appointed in January 2019. The completion of purchase would certainly rely on receipt of relevant approvals as well as completion of legal obligations. In October, we had actually reported that Global investment company KKR had actually introduced-- Virescent Infrastructure, a new system to get renewable energy possessions in India. Headquartered in Mumbai, Virescent aims to expand its varied portfolio of functional renewable resource possessions, facilitated by investments predominantly made through KKR's infrastructure fund. It was specified that at the time Virescent owned 317 MWp of solar possessions found in Maharashtra and also Tamil Nadu. KKR has actually likewise entered into clear-cut agreements to get other operating solar tasks throughout 3 different states. As soon as shut, these projects will certainly additionally become part of the Virescent platform. It was mentioned that the system would look to determine investment opportunities that have secure cash flows originating from long-term agreements with state and central federal government counter-parties throughout India.
Dec 21, 2020 // Markets & Finance News, India, Asia, frv, Andhra Pradesh, IndiGrid
CDPQ Rises Risk, currently Bulk Stakeholder in Azure Power
Power Global Limited (AZRE), a leading independent solar energy developer in India, has actually revealed that Caisse de dépôt et positioning du
Mar 11, 2020 // Markets & Finance News, India, Asia, Azure Power, CDPQ, Ranjit Gupta, Emmanuel Jaclot
Sri Lanka Accelerates Roof Solar Investments, Says No to New Coal
power need. Uncertain prepares for a second coal plant, to be financed by India, were suspended in 2016 after conservationists submitted a lawful
Aug 18, 2021 // Markets & Finance News, Rooftop PV, Asia, Sri Lanka, Renewable Electricity, Coal power, Renewable Energy Goals
Indian solar association requires immediate implementation of 50% BCD
he stated. That price is a major step up from the 20% levy recommended by India's Ministry of New and Renewable Energy previously this summer-- and would be
Aug 21, 2020 // Markets & Finance News, Policy, India, China, pv modules, solar cells, Asia, tariffs, safeguard duty, basic customs duty, trade levy, Hitesh Doshi, aisia
Tdafoq Energy, Delectrik Systems Partner for Battery Project in Saudi Arabia
actually participated in a circulation as well as manufacturing license with India-based Delectrik Systems. Tdafoq Energy will specifically offer Delectrik's
Nov 3, 2022 // Manufacturing News, Saudi Arabia, Asia, vanadium redox flow battery, flow battery, Delectrik Systems, Gulf countries, GWh capacity battery, Tdafoq and Delectrik, Tdafoq Energy
Acen buys 1200MW Indian wind, solar portfolio
building, and also procedure of a 1200MW hybrid wind and solar portfolio in India. The freshly developed partnership aims to release US$ 250m of equity plus
Mar 14, 2023 // Markets & Finance News, India, Asia, ACEN
Reliance Power Locks In PPA for Asia’s Largest Solar-Storage Hub
landmark 25-year power purchase agreement with the Solar Energy Corporation of India (SECI). The deal tasks Reliance with building what promises to be Asia’s
May 2, 2025 // Plants, Large-Scale, Commercial, Storage, India, SECI, Asia, Renewable Energy, Solar Storage, Reliance Power
Zelestra Secures 39-MW Hybrid PPA with Indian Paper Maker
supply 39 MW of clean energy to Seshasayee Paper and Boards Ltd (SPB), one of India’s leading paper manufacturers. Under this deal, Zelestra will build its
May 5, 2025 // Plants, Large-Scale, Commercial, PPA, Tamil Nadu, Zelestra, Seshasayee Paper, hybrid power
Sunkind Partners with JA Solar for Major Indian PV Expansion
Energy Ltd, an Indian solar solutions provider, has partnered with Chinese solar module maker JA Solar to establish a 2.4-GW cell and 4-GW module factory in
Jul 3, 2025 // Manufacturing News, India, JA Solar, Asia, Sunkind Energy
Ciel & Terre Makes Waves with 11 MW Floating Solar Project in France
international projects using this technology in countries such as Brazil, India, and the Netherlands. In India, several public sector undertakings and
Jan 18, 2024 // Plants, Floating PV, France, Europe, Ciel & Terre, PV Power Plant
India Mandates Direct Solar Connectivity for Grid Stability
India's Ministry of Renewable Energy has proposed new guidelines requiring solar inverters to connect directly to national servers under the 30 GW rooftop solar program. This initiative aims to enhance grid stability and cybersecurity as the country expands its rooftop solar capacity through the PM Surya Ghar: Muft Bijli Yojana. The draft rules mandate that all original equipment manufacturers (OEMs) supplying inverters must ensure connectivity to the national servers managed by the MNRE or a designated agency.The proposal addresses potential risks associated with integrating 10 million rooftop solar systems. However, concerns remain regarding the costs and connectivity challenges of implementing these measures. How will India's new guidelines impact rooftop solar inverter connectivity and cybersecurity? The new guidelines will require solar inverters to have built-in communication capabilities to connect with national servers, ensuring real-time data exchange and monitoring. This connectivity aims to improve grid stability by allowing for better management of energy flows and quick response to fluctuations in solar power generation. Enhanced cybersecurity measures will be implemented to protect the data transmitted between inverters and national servers, reducing the risk of cyberattacks on the energy infrastructure. OEMs will need to comply with specific technical standards for connectivity and cybersecurity, potentially leading to increased production costs. The guidelines may necessitate upgrades or replacements of existing inverters to meet the new connectivity requirements, impacting both manufacturers and consumers. There could be challenges related to internet connectivity in remote areas, which may affect the seamless integration of rooftop solar systems with national servers. The initiative is expected to create a more resilient and secure energy grid, supporting India's broader renewable energy goals and reducing dependency on fossil fuels. Stakeholders, including OEMs and consumers, may face initial financial burdens, but long-term benefits include improved energy management and security.
Aug 11, 2025 // Grids, Rooftop PV, India, Asia