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Enphase To Develop Installer Network In India
and has strategies to preserve its reputation with its established network in India too. Becoming part of the EIN network will certainly give selected installers
Jun 3, 2021 // Inverters, India, Asia, Enphase, EIN
India Extends US$75m credit for solar parks in Cuba
with a credit line of $75m for backing photovoltaic farms. Cuban BEC and Indian Exim Bank inked the agreement half a year ago. It became effective on the
Jan 7, 2020 // Markets & Finance News, India, Asia, North America, Cuba, LoC
NLC India Seals PPA for 810-MW Solar Park in Rajasthan
India’s state-run NLC India Renewables Limited (NIRL) has landed a milestone power-purchase agreement for the entire output of an 810-megawatt solar park it plans to build near Pugal in Rajasthan’s sun-drenched Bikaner district. The deal—inked with state utility Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL)—marks NIRL’s largest photovoltaic undertaking to date and tightens the utility’s grip on India’s fast-expanding clean-energy market. Why it matters Record-scale project: At 810 MW, Pugal Solar Park will vault NIRL past the gigawatt-scale threshold of solar capacity once completed, underscoring the company’s shift from lignite power toward renewables. Heavy-duty output: Engineers expect the plant to produce roughly two billion kilowatt-hours of electricity a year—enough to light more than 600,000 average Indian homes—while avoiding about 1.5 million tonnes of CO₂ annually. Government push: The site forms part of India’s Ultra Mega Renewable Energy Power Parks (UMREPP) programme, an initiative designed to de-risk large projects by bundling land, permits and transmission access. Competitive tariff: NIRL won the project in an RVUNL-run reverse auction, signalling continued price pressure in India’s solar market even as module costs fluctuate. Tariff details were not disclosed but are thought to be below INR 2.60 per kWh. 2030 roadmap: Chairman-managing director Prasanna Kumar Motupalli said the agreement moves the group “meaningfully closer” to its target of installing 10 GW of renewable capacity by the decade’s end, complementing its legacy lignite mines and thermal plants. Next stepsConstruction is slated to begin once financial closure is achieved later this year, with phased commissioning expected from late 2026. Pugal’s desert location offers one of the nation’s highest solar-irradiation levels, though engineers must contend with extreme summer heat and frequent sandstorms. Grid integration will occur via a dedicated 400-kV substation, easing congestion on Rajasthan’s already renewable-heavy transmission corridors. Analysts say successful execution could cement NLC India’s status as a serious player beyond its traditional strongholds in Tamil Nadu and Odisha, while granting RVUNL a sizable slice of price-stable, zero-carbon power. For Delhi policymakers, the project is another building block toward the national goal of 450 GW of renewables by 2030—proof, they argue, that India’s clean-energy pivot is gathering speed even as coal remains in the mix for grid stability.
May 7, 2025 // Plants, Large-Scale, Commercial, India, Asia, PV Power Plant, NLC India
International Finance Corporation Will Finance 600MW Solar Power Park in India
an organization of the World Bank that focuses on private sector funding, in India. Based on the reports, the solar power park project will be based in the
Mar 16, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, India, Solar Energy, Asia, international finance corporation, ifc, mnre, Renewable Energy, Solar Park, RE, Uttar Pradesh, TUSCO, Ultra Mega Solar Parks
Technique Solaire buys 6.2-MWp solar plant in India
intake of 32,000 inhabitants. The business now has a portfolio of 74.5 MWp in India, including four ground-mounted and also two rooftop installations. Its
Jan 26, 2023 // Plants, Markets & Finance News, India, Asia, solar plant, Technique Solaire
Sungrow opens 10GW solar inverter production facility in India
on the market. The enhancement to Sungrow's center comes at a time where India's government is pressing to increase the nation's domestic solar manufacturing
Mar 14, 2022 // Manufacturing News, Sungrow, India, Asia, manufacturing capacity, inverter manufacturing, inverter supplier
Essar Group to Invest $3.6 Billion in Energy Transition in UK, India
of low carbon energy transition projects over the following five years in India and also the UK. Essar Group held that EET of the total investment, $2.4
Feb 28, 2023 // Markets & Finance News, green ammonia, EET, EET Biofuels, EET Future Energy, energy transition hub in North West England, Essar Energy Transition, Essar Group, Essar Group UK India, Essar Oil UK, Essar to invest in renewable energy, low carbon energy transition projects, Prashant Ruia, Stanlow Terminals Ltd, Vertex Hydrogen
BrightNight Announces Maiden 100 MW Hybrid Wind-Solar Project in India
BrightNight has announced prepare for one of its inaugural projects in India which is a differentiated 100 MW co-located, wind-solar hybrid renewable power
Jan 30, 2023 // Plants, Storage, India, Asia, wind and solar, brightnight, Martin Hermann, Optima Project, Sajav KV
ACME Solar Secures $441M for Major India Project
support the development and construction of a 400 MW solar-storage project in India. This project aims to provide firm and dispatchable renewable energy capacity,
Sep 11, 2025 // Plants, Large-Scale, Commercial, India, Asia, PV Power Plant, ACME Solar
Enel Scores First Solar Tender win in India, 420 MW Project in Rajasthan
Green Power has actually announced that it has, via its Indian renewable energy subsidiary EGP India-- Avikiram Surya India, won its very first
Jul 1, 2020 // Plants, Large-Scale, Commercial, Solar, India, SECI, tender, Asia, Antonio Cammisecra, enel green power, Projects, EGP India, Enel Solar India
British Intl Invt spends $89 M to scale renewable energy in India
an overall commitment of $89 million to scale renewable energy capacity in India. The DFI's investment is consisted of a Rs 350 crore (United States $47
Mar 31, 2022 // Markets & Finance News, finance, British International Investment, CDC group, Srini Nagarajan, UK's development finance institution, DFI
ThomasLloyd Energy Will Get 43% Stake in SolarArise India
Indian Government has given a go in advance to the proposal of ThomasLloyd Energy Impact Trust Plc to acquire 43% stake in SolarArise India Projects Pvt
Mar 16, 2022 // Markets & Finance News, Thomaslloyd, SolarArise, anil nayar, Michael Sieg, Nandita Sahgal Tully
Scatec Partners With ACME For 900 MW Solar Plant in India
of a 25-year power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) safeguarded in a tender in 2018. Scatec develops, builds possesses,
Jun 3, 2021 // Plants, Large-Scale, Commercial, Scatec, India, Asia, PV Power Plant, ACME Group, Manoj Kumar Upadhyay
NextEnergy Capital makes maiden India solar acquisition
reside in the fund's exclusive pipeline. Those projects are located in India, the US, Latin America and also Southern Europe, with NEC intending to reveal
Jul 6, 2020 // Markets & Finance News, UTILITY-SCALE SOLAR, India, Asia, nextenergy capital, Filinto Martins
VinFast's Electric Dreams: Building EV Plant in India
has started building an electric-vehicle manufacturing facility in Tamil Nadu, India. The plant, spanning 400 acres, is expected to have a capacity of 150,000
Feb 26, 2024 // Plants, Storage, India, Asia, EV Plant, VinFast