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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
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
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
BluPine Secures ₹376 Crore for Gujarat Solar Project
MW solar project in Tharad, Gujarat, through its subsidiary Solarcraft Power India 5 Pvt. Ltd. The project, under the GUVNL 22 tender, reached financial closure
May 13, 2025 // Plants, Large-Scale, Commercial, Markets & Finance News, India, Asia, PV Power Plant, BluPine Energy
L&T Wins Contracts for 270 MW Indian PV Parks
India-based Larsen & Toubro has secured orders to build floating and ground-mounted solar parks totaling over 270 MW. The company's Power Transmission & Distribution business will be responsible for the projects, including two floating PV parks in India adding 150 MW of capacity. Additionally, a ground-mounted solar park of 120 MW will be constructed, with details about the project and owner remaining undisclosed.In addition to the solar park projects, Larsen & Toubro's PT&D business will install 765-kV transmission lines and a substation to connect solar farms in Rajasthan and Karnataka. The company has also received orders for projects in Kuwait, Oman, and the UAE, further expanding its presence in the renewable energy sector.
What are the details of Larsen & Toubro's recent solar park projects?
Larsen & Toubro has secured orders to build floating and ground-mounted solar parks totaling over 270 MW
The company's Power Transmission & Distribution business will be responsible for the projects
Two floating PV parks in India adding 150 MW of capacity will be constructed
A ground-mounted solar park of 120 MW will also be built, with details about the project and owner remaining undisclosed
Larsen & Toubro's PT&D business will install 765-kV transmission lines and a substation to connect solar farms in Rajasthan and Karnataka
The company has also received orders for projects in Kuwait, Oman, and the UAE, expanding its presence in the renewable energy sector.
May 9, 2024 // Plants, Large-Scale, Commercial, India, Asia, PV Power Plant, Larsen & Toubro
Tata Power Builds 28 MW Solar Plant For Sanyo Steel
and Sanyo Special Steel Manufacturing India Pvt. Ltd. have signed a Power Delivery Agreement (PDA) for the construction of a 28.125 MW (AC) (i.e. 39.375 MWp
Aug 31, 2023 // Plants, Large-Scale, Commercial, tata power, PV Power Plant
400-MW Wind-Solar Complex: Evergreen's Green Promise to Gujarat
Renewables, the Indian unit of US green energy platform Evergreen Power Solutions Inc, has announced a partnership with the Gujarat government to build a
Jan 5, 2024 // Plants, Large-Scale, Commercial, India, Asia, PV Power Plant
Total gets 20% stake in Indian solar designer Adani Green Energy
"is a major landmark" in the company's renewable resource approach in India. "Given the dimension of the market, India is the best area to use our
Jan 18, 2021 // Markets & Finance News, India, Asia, Total, Adani, Patrick Pouyanné
India’s record-low storage bids spark viability and safety concerns
India wants tens of gigawatt-hours of batteries to firm an enormous pipeline of wind and solar. What it got in recent tenders were eye-catching, record-low bids—so low that industry veterans and analysts now worry some projects won’t pencil at all. Prices reportedly dropped near or below ₹1.5/kWh for storage services, levels that could force developers toward cheaper, shorter-life chemistries and put safety at risk in hot climates. The country has only a sliver of operational capacity relative to what’s been tendered, with cancellations mounting and timelines slipping.
At the heart of the issue are tender rules that prize price over technical eligibility, opening the door to under-experienced players and speculative bidding. Established developers, wary of thin margins and opaque revenue certainty, are sitting out. The irony is painful: storage is essential to make India’s renewable build deliver evening megawatt-hours; undercooked tenders delay exactly that outcome.
Fixes are straightforward in concept, difficult in politics: set minimum technical benchmarks (cycle life, performance guarantees, and safety standards), require proven integrator track records, and align payment structures with multi-service operation so projects don’t depend on a single fragile revenue stream. Domestic manufacturing can help on costs, but only if paired with quality standards and bankable warranties.
If India recalibrates now, it can still capture scale economies without sacrificing reliability. If it doesn’t, the risk isn’t just unbuilt projects—it’s installed systems that fail early in the field.
Dec 9, 2025 // Storage, Policy, India, Asia, policy, tenders, project viability
Hero Future Energies Secures 600 MWp Solar Module Order
Indian solar module maker Emmvee Photovoltaic Power Pvt has secured a contract from Hero Future Energies (HFE) to supply up to 600 MWp of solar modules for its projects in India. The deliveries will be spread out over two years, although the financial details of the deal were not disclosed. HFE's Global CEO, Srivatsan Iyer, highlighted the importance of the agreement in managing cost and supply-chain uncertainties amidst global challenges.Emmvee currently has a module manufacturing capacity of over 3 GWp and is expanding with a new 1.5-GWp cell line set to launch soon. In addition to the recent deal with HFE, Emmvee was also chosen by KPI Green Energy to provide modules for a 240-MW solar PV plant in Gujarat, India earlier this year.
What is the significance of Emmvee securing a 600 MWp contract with HFE?
The 600 MWp contract with HFE is a significant milestone for Emmvee, showcasing the company's growing presence in the Indian solar market.
The deal will help HFE in meeting its renewable energy targets and expanding its solar projects in India.
Emmvee's expanding manufacturing capacity, with a new 1.5-GWp cell line set to launch soon, will enable the company to fulfill the requirements of the contract with HFE.
The agreement with HFE adds to Emmvee's portfolio of projects, including the 240-MW solar PV plant in Gujarat, further solidifying its position in the renewable energy sector.
The partnership between Emmvee and HFE highlights the importance of collaboration in managing cost and supply-chain uncertainties amidst global challenges in the renewable energy industry.
May 27, 2024 // Manufacturing News, solar module, Hero Future Energies, Emmvee Photovoltaic Power
Mumbai utility picks Adani for 700MW of solar-wind hybrid capacity
Energy now has a total portfolio of 5.99GWac in renewable energy projects in India of which 2.49GWac are under development and 2.5GWac are operational.
Earlier
Jan 29, 2020 // Plants, Large-Scale, Commercial, India, AEML, hybrid, Asia, MERC, solar wind hybrid
Vikram Solar Modules used in Odisha and West Bengal pump Projects
is a leading solar manufacturer in India. The company supplied modules to the West Bengal government. The modules were used in 140 pumps to be used for
Dec 21, 2019 // Plants, Large-Scale, Commercial, India, pv modules, Asia, Vikram, pump
Power performance body eyes 1.5 GW of dispersed solar within 13 months
intends to release 1.5 GW of decentralized solar energy plants throughout India by the end of March following year, according to a record in The Economic
Feb 26, 2020 // Plants, Large-Scale, Commercial, India, Asia, EESL, Saurabh Kumar
PNC Infratech Clinches 300-MW Solar, 150-MW Storage in NHPC Auction
capacity and 2.4 GWh of storage, drew fierce competition from some of India’s biggest infrastructure names.
For PNC the win unlocks a 25-year
Jul 16, 2025 // Plants, Large-Scale, Commercial, Storage, India, Asia, NHPC, PNC Infratech
Radiance Renewables Obtains 152 MW Solar Roof Properties of Azure Power
makes it one of the biggest such deals in the rooftop solar properties area in India, catapulting Radiance among leading bracket solar rooftop players in the
Apr 5, 2021 // Rooftop PV, Azure Power, Ranjit Gupta, Dhanpal Jhaveri, ebersource capital, manikkan sangameswaran, Radiance Renewables, rooftop solar portfolio, solar buyout, Solar Deal






