Indian company Gujarat Borosil claims to have developed the world’s first 2mm fully tempered solar glass for glass-glass solar modules.

The guarantee is a unique initiative by the state government of Madhya Pradesh for its Payment Security Mechanism, which had a role to play in the phenomenally low tariff achieved for the Rewa solar project.

Adani Australia is planning to construct a 300 MW and 10 0MW solar PV farm at Rugby Run in Queensland and Whyalla, South Australia, respectively.

Reliance Money has announced that it will receive INR 3bn ($46 million) from IREDA for financing renewable projects across India.

The EIB has also confirmed that it will provide $940 million in financial support for Indian renewable Energy.

The Ministry of New and Renewable Energy (MNRE) has confirmed that renewable energy in Tamil Nadu should have “must run” status and there should not be any more backdowns in solar power.

Essel Infraprojects, part of Essel Group, has added 55 MW of solar in the states of Uttar Pradesh and Karnataka, bringing its total installed PV capacity to 220 MW nationwide.

The Indian Energy Storage Association’s Forum 2017 covered two broad topics – first, policy discussion on Electric Vehicles (EV), manufacturing and innovation in the energy storage sector. Secondly, the forum examined the integration of Energy Storage Systems (ESS) with the renewable energy sector.

It is expected that more and more Indian developers will be listed on IPOs in the coming years as an effective means to raise the equity for new power projects.

The government of the Tamil Nadu state decided to cancel an auction held Jan-Feb 2017, as developers rejected offer to reduce tariff bid of INR 4.40 ($0.07)/kWh.