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US Solar Developers Warn Of Threat to Solar From Import Duties
of action does obtain launched. The issue will certainly appear familiar to Indian visitors, but India appears to have a far better opportunity of
Sep 23, 2021 // Markets & Finance News, USA, SEIA, North America, solar tariffs, South-East Asia, solar imports, A-SMACC, countervailing duties, customs duties, department of commerce
Amazon adds new projects to clean energy portfolio
firm's initial project in South America, along with its first solar farms in India as well as Poland.
The 122MW solar farm in Brazil will certainly give
Sep 22, 2022 // Markets & Finance News, clean energy, Poland, India, Solar Panels, Amazon, South america, Europe, Brazil, Asia, solar farm
Huawei, Sungrow keep PV inverter market management as GoodWe climbs rankings
a 22% rise from 2020 which was mainly driven by solid growth in Europe, India and Latin America.
Chinese manufacturer Growatt ended up third in WoodMac's
Jul 12, 2022 // Inverters, Sungrow, Wood Mackenzie, inverter, Huawei, GoodWe, inverter manufacturing
SECI Gets CERC Approval to Sell 600 MW Solar Power to Haryana & Bihar at Rs 2.44/ kWh.
order accepted the application submitted by the Solar Energy Corporation of India (SECI) looking for the compensations' authorization for marketing of 600 MW
Feb 28, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, India, Haryana, SECI, Asia, tariff, Solar Power, Bihar, CERC
Tender Issued for 5 MW Solar Plant at Nalanda University
(Tranche-II) Phase-II Scheme being run by the "Solar Energy Corporation of India Limited under Ministry of New and also Renewable Energy, Govt of
Mar 17, 2020 // Plants, Large-Scale, Commercial, India, tender, Asia, Nalanda University, Projects
Strategies in position to More Than Triple Local Solar Manufacturing Capacity
solar jobs. This would incentivise power job developers planning to produce in India.
The current capacity of solar cell manufacturing in India is about
Jul 6, 2020 // Markets & Finance News, manufacturing, India, solar cells, Asia, modules, IANS
CleanMax Receives Financing From GCPF for Southeast Asia Expansion
(GCPF) has revealed the closure of a purchase, which will certainly enable Indian industrial and commercial (C&I) solar leader CleanMax to expand its
Jul 8, 2020 // Markets & Finance News, Solar, India, Thailand, Asia, Southeast Asia, C&I segment, CleanMax, GCPF, GCPF CleanMax Southeast Asia, Nikunj Ghodawat
PM Modi to Devote 750 MW Rewa Solar Project to the Country
UrjaVikas Nigam Limited (MPUVNL), as well as the Solar Energy Corporation of India (SECI). A Central Financial Assistance (CFA) of Rs 138 crore has actually been
Jul 10, 2020 // Plants, India, Asia, narendra modi, Projects, Modi Rewa Solar, Rewa Solar Park
PM Modi to Dedicate 750 MW Rewa Solar Project to the Nation
Pradesh UrjaVikas Nigam Limited (MPUVNL), and the Solar Energy Corporation of India (SECI). A Central Financial Assistance (CFA) of Rs 138 crore has been provided
Jul 10, 2020 // Plants, Large-Scale, Commercial, India, Asia, bhel, solar plant, Madhya Pradesh, Rail Traction Applications
NHPC Awards LoA for 400 MW ISTS-Connected Solar Projects
India's premier hydropower company which has actually expanded its portfolio to consist of solar energy organisation has introduced that it has actually
Jul 15, 2020 // Plants, Large-Scale, Commercial, India, Asia, NHPC, solar projects, LoA
Risen Energy Indications EPC Contract for 250 MW Solar Project in Vietnam
been reaffirmed as the leading volume supplier of solar PV components in India in 2019 by working as a consultant group Bridge To India (BTI). The
Jul 20, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, EPC, Asia, Risen Energy, Vietnam, International, Projects, Bypina Veerraju Chaudary
Cleanmax To Include 33.8 MW of RE Projects With Support From Meta
invest in 33.8 MW of brand-new renewable energy projects in India, Mumbai-based CleanMax Enviro Energy Solutions (CleanMax) has partnered with Meta, the world's
Dec 14, 2022 // Markets & Finance News, net-zero, CleanMax, meta, CleanMax Enviro Energy Solutions, finence, leanMax
Guwahati Signs INR 2000 Cr MoU for 250 MW/500 MWh Battery Energy Storage System
a joint venture company between ONGC, GAIL, Government of Tripura and also India Infrastructure Fund-II, clarified the many benefits that the project offers.
Jan 12, 2023 // Storage, BESS, ONGC, Tripura, Green Energy transition, Assam Power Distribution Company, combined cycle power plant, electricity grid, first grid-connected megawatt hour-scale BESS, Guwahati, India Infrastructure Fund II, microgrid power plant, OTPC
Brookfield Launches $10B BGTF II Fund for Clean Energy Transition
addition, Brookfield is considering raising $1-1.2 billion from the Indian market by selling some of its 1.6 GW renewable assets. The company has
Feb 6, 2024 // Markets & Finance News, Brookfield
BluPine Secures INR 24.16bn Loan for Karnataka Hybrid Plant Project
Indian clean-power producer BluPine Energy has clinched a debt package worth INR 24.16 billion (about USD 279 million) to build a 150-MW firm and dispatchable renewable-energy (FDRE) project in Karnataka. The long-term financing was sanctioned by a consortium of domestic lenders and will fund construction, grid-interconnection and working-capital needs through to commercial operation.
BluPine—backed by global private-equity house Actis—plans to configure the project as a hybrid of solar, wind and battery storage. Combining the three technologies allows the company to guarantee day-and-night output profiles that mimic conventional baseload power, a feature Indian utilities increasingly prize as renewable penetration rises. Under its power-purchase agreement, BluPine will deliver energy on a schedule agreed with the off-taker, reducing volatility on the Karnataka state grid.
Management says the plant, to be sited in a high-resource belt of the state, will break ground later this year and enter service by late 2027. The hybrid array is expected to supply roughly 480 GWh of clean electricity annually—enough to meet the average demand of more than 400,000 Indian homes—and eliminate an estimated 440,000 tonnes of CO₂ emissions each year.
Karnataka has emerged as a national front-runner in clean-energy adoption thanks to favourable policies such as viability-gap funding for storage and priority grid access for hybrid assets. Analysts note that firm renewable projects like BluPine’s align with the federal government’s target of 50 percent non-fossil power capacity by 2030, while directly addressing the challenge of intermittency that has dogged India’s solar-first expansion. “Bankable hybrids are the next big leap,” said a Bengaluru-based energy economist, calling the loan approval a “vote of confidence” from financial institutions.
For Actis, the deal underscores a strategy of creating scale platforms and de-risking portfolios before eventual exit. BluPine already operates or is developing more than 1 GW across India and has signalled future rounds of capital raising as it eyes a 4 GW pipeline by 2030.
Construction contracts are expected to be tendered in the coming months, with local labour and supply-chain content capped at a mandatory 75 percent under state rules—further reinforcing Karnataka’s reputation as a clean-tech manufacturing hub.
Jun 23, 2025 // Plants, Large-Scale, Commercial, Markets & Finance News, India, Asia, karnataka, BluPine







